iShares Short-Term California Muni Active ETFCALI

iSharesBonds & CashMunicipal#246 of 786 by YTD

$50.26

+0.1% last session

+1.6% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · Dec 31, 2025 – Nov 5, 2026CALI

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+1.2%	+0.4%	+1.6%	+2.0%	+10.0%	—	+10.1%
Peer average	+0.3%	+4.1%	−0.5%	+0.9%	+1.2%	+15.4%	+2.9%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $687M
Expense ratio: 0.25%
Distribution yield: 2.5%
NAV: $50.17
Volume: 126K
Avg. volume 30D: 278K
High today: $50.26
Low today: $50.21
Previous close: $50.22
52-week high: $51.39
52-week low: $49.66
Our risk indicator: 2/5

CALI in One Breath

CALI Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.7%$59.6M

#2MYMGSPDR+2.4%$8.6M

#3TAXTFlexShares+2.4%$197M

#4SMMUPIMCO+2.3%$1.3B

#5SHYMiShares+2.2%$921M

#6FTMSFranklin Templeton+2.1%$265M

#7MUNAFlexShares+2.0%$8.0M

#8CGSMCapital Group+2.0%$1.7B

#33CALIiShares+1.6%$687M

End-of-day Nov 5, 2026 · 141 Municipal ETFs by YTD

$10,000 in CALI

$10,000 in CALI became

$11,005

In the S&P 500 (VOO)

$16,840

Total return, dividends in · Jul 24, 2023 – Nov 5, 2026 · S&P 500 uses VOO

CALI’s Top Holdings

Today

BAY AREA TOLL Bay Area Toll Auth Calif Toll 04/01/20594.1%EASTERN CALI3.7%UNIVERSITY C2.4%IRVINE RANCH2.3%CALIFORNIA C2.1%MODESTO CALI1.9%SOUTHERN CAL1.8%ORANGE CNTY 1.7%PASADENA CAL1.7%SAN FRANCISC1.7%METROPOLITAN1.7%CALIFORNIA M1.7%CALIFORNIA H1.6%UNIVERSITY C1.5%ANAHEIM CALI1.4%METROPOLITAN1.4%CALIFORNIA C1.3%SAN FRANCISC1.2%CALIFORNIA H1.2%CALIFORNIA S1.1%NORTHERN CAL1.1%CALIFORNIA H1.0%

iShares CALI · 178 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026

What CALI Holds

Today

All holdings100.0%

BAY AREA T 4.1 · EASTERN CA 3.7 · UNIVERSITY 2.4 · IRVINE RAN 2.3 · CALIFORNIA 2.1 · MODESTO CA 1.9 · SOUTHERN C 1.8

iShares CALI · share of the fund · as of Nov 5, 2026

Bay’s Share of CALI

Today

4.1%

$41 of every $1,000 in CALI is Bay

Bay held by CALI

$28.1M

iShares CALI · each square = $10 of $1,000 · as of Nov 5, 2026

CALI’s Share of Municipal ETFs

Today

0.3%

of the $244B in 166 Municipal ETFs

CALI$687M0.3%

MUB$54.7B22.4%

VTEB$49.6B20.3%

163 others$139B57.0%

Municipal ETF AUM · Nov 5, 2026

CALI Fee per $100 vs Peers

Today

$0.25a year
per $100

$25 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CALI$0.25

CGMU$0.27

Expense ratio · Municipal peers · Nov 5, 2026

Inside CALI

178 holdings · as of Nov 5, 2026

CALI

iShares Short-Term California Muni Active ETF

Today

All holdings100.0%BAY Area T4.1%Eastern Ca3.7%University2.4%Irvine Ran2.3%California2.1%Modesto Ca1.9%Southern C1.8%Orange Cnt1.7%Pasadena C1.7%SAN Franci1.7%Metropolit1.7%California1.7%California1.6%164 more holdings70.2% of the fund

All holdings100.0%BAY Area T4.1%Eastern Ca3.7%172 more holdings83.5% of the fund

#	Ticker	Company	Weight ▼
1	—	BAY Area Toll Auth Calif Toll 04/01/2059	4.09%
2	—	Eastern Calif MUN WTR Dist WTR 07/01/2046	3.70%
3	—	University Calif Revs FOR Prev 05/15/2048	2.41%
4	—	Irvine Ranch Calif WTR Dist 02/01/2056	2.29%
5	—	California Cmnty Choice Fing A 5.00% 08/01/2029	2.09%
6	—	Modesto Calif WTR REV Ctfs PAR 10/01/2036	1.94%
7	—	Southern Calif PUB PWR Auth PW 07/01/2036	1.76%
8	—	Orange Cnty Calif WTR Dist REV 08/01/2042	1.73%
9	—	Pasadena Calif Ctfs Partn 02/01/2035	1.70%
10	—	SAN Francisco Calif City & CNT 05/01/2058	1.68%

iShares CALI · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 37.4%

How It Compares

CALI

iShares Short-Term California Muni Active ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$54.7B
VTEB	VanguardRead Desk	0.03%	+0.6%	+0.9%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	+0.8%	+1.1%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+1.1%	+1.7%	$7.5B
CALI	iSharesThis fundRead Desk	0.25%	+1.6%	+2.0%	$687M

Municipal peers · YTD and past-year returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put CALI head to head with MUB →

MUB vs CALI

YTD

MUBiShares · MunicipalCALIiShares · Municipal

Year to date

+0.5%

+1.6%

CALI wins+1.1 pts

Past year

+0.9%

+2.0%

CALI wins+1.1 pts

Fee

0.05%

0.25%

MUB winslower fee

Yield

3.3%

2.5%

MUB wins+0.8 pts

AUM

$54.7B

$687M

MUB79.5× more

2–2level

iShares MUB and iShares CALI · year-to-date · as of Nov 6, 2026 · AUM not scored

CALI vs VOO

YTD

CALI · iShares Short-Term California Muni Active

+1.6%

VOO · S&P 500

+8.4%

Gap

6.8 pts

iShares CALI and Vanguard VOO · YTD total return · as of Nov 6, 2026

CALI vs Its Peer Average

YTD

CALIAvsBPeer average

1D+0.1%+0.3%

1M+1.2%+4.1%

3M+0.4%−0.5%

YTD+1.6%+0.9%

1Y+2.0%+1.2%

3Y+10.0%+15.4%

5Y[…]+2.9%

3–3level

165 Municipal peers · each row scaled to its leader

The Details

CALI

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y0.93%

Deepest drop · 1Y−1.2%

Lowest point · 5Y0.0%

52-week range

$50.26

$49.66−2.2% from the high$51.39

iShares CALI · past-year price moves · as of Nov 6, 2026

CALI

Fund Facts

Today

2023launched Jul 11

Tracks[…]

Exchange · CUSIPNASDAQ · 092528884

StructureETF

Leverage1x

Cost on $10,000$25 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

iShares CALI · fund facts · as of Nov 6, 2026

CALI

Payouts by Year

$0.10per share, Nov 2026

Distribution yield2.5%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 5, 2026

12 payouts added up$1.24 a share

iShares CALI · distributions by ex-date · 2023–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.

Trading & Liquidity

Net asset value$50.17

Premium / discount[…]

Median spread · 30D[…]

Volume today126K

Average volume · 30D278K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.25%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$25.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 5, 2026	$0.10
Oct 1, 2026	Oct 6, 2026	$0.10
Sep 1, 2026	Sep 4, 2026	$0.10
Aug 3, 2026	Aug 6, 2026	$0.10
Jul 1, 2026	Jul 7, 2026	$0.10
Jun 1, 2026	Jun 4, 2026	$0.0963
May 1, 2026	May 6, 2026	$0.12
Apr 1, 2026	Apr 7, 2026	$0.11
Mar 2, 2026	Mar 5, 2026	$0.0990
Feb 2, 2026	Feb 5, 2026	$0.0834
Dec 19, 2025	Dec 24, 2025	$0.11
Dec 1, 2025	Dec 4, 2025	$0.12

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