CATFvsTAFMETF Comparison
VS
American Century California Municipal Bond ETF (CATF) and AB Tax-Aware Intermediate Municipal ETF (TAFM) belong to the same industry segment: Municipal Bonds. CATF's top 1 sector exposures are Municipal. In contrast, TAFM's top sector exposures are Municipal and Industrials. CATF is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.28% for TAFM. CATF is down -1.79% year-to-date (YTD) with +$87M in YTD flows. TAFM performs worse with -1.88% YTD performance, and +$650M in YTD flows. Run a side-by-side ETF comparison of CATF and TAFM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
CATF vs TAFM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CATF TAFM | -0.31%-0.42% | -3.60%-3.59% | -1.79%-1.88% | -0.82%-1.37% | n/an/a | n/an/a |
| Flows | CATF TAFM | +$57M+$286M | +$64M+$420M | +$87M+$650M | +$92M+$724M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CATF TAFM | +5.09%+5.25% | +3.23%+3.27% | n/an/a | n/an/a |
| Max drawdown | CATF TAFM | -5.87%-6.00% | -6.34%-6.61% | n/an/a | n/an/a |
| Max drawdown duration | CATF TAFM | 92d92d | 101d102d | n/an/a | n/an/a |
Trading data
CATF | TAFM | |
Last sale 10/16/2026 at 1:30 PM | $47.98 | $24.29 |
| Previous close 10/15/2026 | $47.99 | $24.23 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CATF | TAFM | |
|---|---|---|
| Last price | $47.98 | $24.29 |
| 1D performance | -0.02% | +0.25% |
| AuM | $143.48 M | $1.07 B |
| E/R | 0.25% | 0.28% |
Characteristics
CATF | TAFM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | American Century Investments | AllianceBernstein |
| Benchmark | - | - |
| N° of holdings | 109 | 253 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 18, 2024 | December 13, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
CATF
USA
39.08%
Other
60.92%
TAFM
USA
41.1%
Other
58.9%
Sectors
CATF
Municipal
39.08%
Other
60.92%
TAFM
Municipal
40.89%
Other
59.11%
Advertisement
Diversification
CATF
Total weight of top 15 holdings out of 15
12.15%
TAFM
Total weight of top 15 holdings out of 15
7.34%
Top 15 holdings
Data as of August 31, 2026
CATF
California, 3.5% 1dec2030, USD
1.43%
Riverside Transportation Commission, 4% 1jun2046, USD
0.91%
US684133KT71
0.87%
California, 4% 1sep2043, USD
0.86%
US13032UN611
0.84%
East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)
0.82%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.82%
California Community Choice Financing Authority, 5.25% 1feb2036, USD (2026C)
0.76%
US13048VV394
0.73%
US13032UX453
0.72%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.71%
Desert Community College District, 5% 1aug2051, USD (2016)
0.69%
US544647JV34
0.67%
US13032U6J26
0.67%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024D)
0.67%
TAFM
Idaho, 4% 30jun2027, USD (2026)
0.67%
US915260FV02
0.66%
Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B)
0.57%
California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1)
0.49%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
0.48%
Chicago Transit Authority, 5% 1dec2049, USD (2024A)
0.47%
US7485082P22
0.47%
New York Transitional Finance Authority, 5.25% 1may2055, USD (2026)
0.47%
US646140KU60
0.47%
US04780M7G87
0.46%
Wisconsin Public Finance Authority, 6.5% 30jun2060, USD (2025)
0.45%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.44%
US544446AS64
0.42%
Vail, 5.5% 1dec2064, USD (2025)
0.42%
New York Transportation Development Corp., 6% 30jun2059, USD (2025)
0.41%
Frequently asked questions about CATF and TAFM
How have the CATF and TAFM ETFs performed in 2026?
As of October 15, 2026, CATF is down -1.79% year-to-date (YTD), while TAFM has lost -1.88%. That puts CATF better performer ahead so far this year.
Which ETF is attracting more investor money: CATF or TAFM?
Year-to-date, the CATF ETF saw +$87M in flows, compared to +$650M for TAFM.
Which ETF is more volatile: CATF or TAFM?
Over the past year, CATF had a volatility of 3.23%, while TAFM experienced 3.27%.
Which ETF is bigger: CATF or TAFM?
As of October 15, 2026, CATF holds $143.48 M in assets under management (AUM), while TAFM manages $1.07 B.
What sectors do the CATF and TAFM ETFs invest in?
CATF leans toward sectors like Municipal. Meanwhile, TAFM focuses on Municipal.
What are the top holdings of the CATF ETF and TAFM ETF?
CATF top holdings include California, 3.5% 1dec2030, USD, Riverside Transportation Commission, 4% 1jun2046, USD and US684133KT71. TAFM holds in its top three: Idaho, 4% 30jun2027, USD (2026), US915260FV02 and Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B).
Which ETF is more diversified: CATF or TAFM?
CATF holds 312 securities with 12.15% of its assets in the top 15. TAFM has 667 securities and a top 15 weight of 7.34%.
Advertisement
