FTSDvsCMFETF Comparison
VS
Franklin Short Duration U.S. Government ETF (FTSD) belongs to the US Government Bonds segment. iShares California Muni Bond ETF (CMF) is part of the Municipal Bonds segment. FTSD's top 3 sector exposures are Sovereign, Industrials and Non-Corporate. In contrast, CMF's top sector exposures are Municipal and Non-Corporate. FTSD is more expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.08% for CMF. FTSD is up 1.07% year-to-date (YTD) with +$83M in YTD flows. CMF performs worse with -2.4% YTD performance, and +$1.61B in YTD flows. Run a side-by-side ETF comparison of FTSD and CMF 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
FTSD vs CMF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/19/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTSD CMF | -0.08%-0.26% | -0.23%-3.27% | +1.07%-2.40% | +2.07%-1.86% | +14.87%+10.52% | +13.43%+0.25% |
| Flows | FTSD CMF | +$22M+$577M | +$54M+$795M | +$83M+$1.61B | +$117M+$1.95B | +$183M+$3.16B | -$92M+$3.63B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTSD CMF | +1.68%+4.88% | +1.22%+3.08% | +1.17%+3.54% | +1.42%+3.58% |
| Max drawdown | FTSD CMF | -1.13%-5.58% | -1.13%-6.52% | -1.13%-6.52% | -4.78%-12.25% |
| Max drawdown duration | FTSD CMF | 55d91d | 55d232d | 55d232d | 768d1346d |
Trading data
FTSD | CMF | |
Last sale 10/20/2026 at 1:30 PM | $89.01 | $54.83 |
| Previous close 10/19/2026 | $88.96 | $54.79 |
| Consolidated volume 10/19/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 21, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FTSD
is actively managed and doesn’t replicate an indexFTSD | CMF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
FTSD | CMF | |
|---|---|---|
| Last price | $89.01 | $54.83 |
| 1D performance | +0.06% | +0.07% |
| AuM | $349.33 M | $5.19 B |
| E/R | 0.25% | 0.08% |
Characteristics
FTSD | CMF | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | iShares |
| Benchmark | - | ICE AMT-Free California Municipal Index |
| N° of holdings | 28 | 903 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 11, 2013 | October 4, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
FTSD
USA
63.4%
Other
36.6%
CMF
USA
59.23%
Other
40.77%
Sectors
FTSD
Sovereign
48.55%
Industrials
8.46%
Other
42.99%
CMF
Municipal
59.23%
Other
40.77%
Advertisement
Diversification
FTSD
Total weight of top 15 holdings out of 15
54.71%
CMF
Total weight of top 15 holdings out of 15
6.39%
Top 15 holdings
Data as of August 31, 2026
FTSD
USA, Notes 4.25% 31dec2026, USD (BM-2026)
6.08%
Franklin Institutional US Government Money Market Fund
5.58%
USA, Notes 4.125% 31oct2026, USD (BJ-2026)
4.56%
US01F0526982
4.21%
USA, Notes 4.5% 15apr2027, USD (AM-2027)
3.96%
USA, Notes 4.375% 15jul2027, USD (AQ-2027)
3.04%
USA, Notes 4.125% 31jan2027, USD (AW-2027)
3.04%
USA, Notes 4.125% 28feb2027, USD (AY-2027)
3.04%
USA, Notes 4.25% 15jan2028, USD (AJ-2028)
3.03%
USA, Notes 4.125% 30sep2027, USD (AD-2027)
3.03%
USA, Notes 4.125% 31oct2027, USD (AF-2027)
3.03%
USA, Notes 3.875% 31may2027, USD (BC-2027)
3.03%
USA, Notes 4% 15dec2027, USD (AV-2027)
3.03%
USA, Notes 4.125% 30jun2028, USD (BD-2028)
3.03%
USA, Notes 4.125% 31jul2028, USD (AB-2028)
3.02%
CMF
Orange Water District, FRN 1aug2042, USD (2003A)
0.60%
US79766DLC10
0.52%
US032556NJ70
0.49%
Los Angeles Unified School District, 5% 1jul2031, USD (2024)
0.47%
University of California, 5.5% 15may2040, USD
0.46%
California Educational Facilities Authority, 5% 1may2045, USD
0.44%
US4636324Q95
0.44%
US79905CAB90
0.42%
Los Angeles Unified School District, 5% 1jul2034, USD (2024A)
0.41%
US13077DUT70
0.40%
University of California, 5% 15may2036, USD (2025)
0.39%
California, 5% 1mar2055, USD
0.37%
California, 5.25% 1aug2032, USD
0.34%
US91412GSH91
0.32%
East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)
0.32%
Frequently asked questions about FTSD and CMF
How have the FTSD and CMF ETFs performed in 2026?
As of October 19, 2026, FTSD is up 1.07% year-to-date (YTD), while CMF has lost -2.4%. That puts FTSD better performer ahead so far this year.
Which ETF is attracting more investor money: FTSD or CMF?
Year-to-date, the FTSD ETF saw +$83M in flows, compared to +$1.61B for CMF.
Which ETF is more volatile: FTSD or CMF?
Over the past year, FTSD had a volatility of 1.22%, while CMF experienced 3.08%.
Which ETF is bigger: FTSD or CMF?
As of October 19, 2026, FTSD holds $349.33 M in assets under management (AUM), while CMF manages $5.19 B.
What sectors do the FTSD and CMF ETFs invest in?
FTSD leans toward sectors like Sovereign and Industrials. Meanwhile, CMF focuses on Municipal.
What are the top holdings of the FTSD ETF and CMF ETF?
FTSD top holdings include USA, Notes 4.25% 31dec2026, USD (BM-2026), Franklin Institutional US Government Money Market Fund and USA, Notes 4.125% 31oct2026, USD (BJ-2026). CMF holds in its top three: Orange Water District, FRN 1aug2042, USD (2003A), US79766DLC10 and US032556NJ70.
Which ETF is more diversified: FTSD or CMF?
FTSD holds 337 securities with 54.71% of its assets in the top 15. CMF has 1670 securities and a top 15 weight of 6.39%.
Advertisement
Latest news about FTSD & CMF
Advertisement
