JCALvsCATFETF Comparison
VS
JPMorgan California Tax Free Bond ETF (JCAL) and American Century California Municipal Bond ETF (CATF) belong to the same industry segment: Municipal Bonds. JCAL's top 2 sector exposures are Municipal and Sovereign. In contrast, CATF's top sector exposures are Municipal. JCAL is more expensive with a Total Expense Ratio (TER) of 0.44%, versus 0.25% for CATF. Run a side-by-side ETF comparison of JCAL and CATF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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JCAL vs CATF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JCAL CATF | -2.02%-2.25% | -3.07%-3.45% | n/a-1.50% | n/a+0.01% | n/an/a | n/an/a |
| Flows | JCAL CATF | +$2M+$10M | +$8M+$15M | -+$32M | -+$37M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JCAL CATF | +2.84%+3.23% | n/a+2.53% | n/an/a | n/an/a |
| Max drawdown | JCAL CATF | -3.37%-3.88% | n/a-3.88% | n/an/a | n/an/a |
| Max drawdown duration | JCAL CATF | 80d74d | n/a74d | n/an/a | n/an/a |
Trading data
JCAL | CATF | |
Last sale 9/18/2026 at 1:30 PM | $48.15 | $48.13 |
| Previous close 09/17/2026 | $48.26 | $48.37 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
JCAL | CATF | |
|---|---|---|
| Last price | $48.15 | $48.13 |
| 1D performance | -0.23% | -0.50% |
| AuM | $490.81 M | $88.95 M |
| E/R | 0.44% | 0.25% |
Characteristics
JCAL | CATF | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | J.P. Morgan Asset Management | American Century Investments |
| Benchmark | - | - |
| N° of holdings | 116 | 107 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 12, 2026 | July 18, 2024 |
| ESG | No | No |
Exposure
Countries
JCAL
USA
41.08%
Other
58.92%
CATF
USA
39.99%
Other
60.01%
Sectors
JCAL
Municipal
39.38%
Other
60.62%
CATF
Municipal
39.99%
Other
60.01%
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Diversification
JCAL
Total weight of top 15 holdings out of 15
15.2%
CATF
Total weight of top 15 holdings out of 15
12.56%
Top 15 holdings
Data as of July 31, 2026
JCAL
US072024C758
1.74%
USA, Bills 0% 11aug2026, USD (119D)
1.70%
US91412HYH01
1.13%
US568087BK56
1.10%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024D)
1.09%
California, 4% 1oct2041, USD
1.01%
US13063EGP51
1.01%
California Infrastructure and Economic Development Bank, 5% 1nov2029, USD (2024)
0.94%
US13013JHG40
0.82%
US09182TEN37
0.79%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
0.78%
US13034A3Y44
0.78%
Alvord Unified School District, 0% 1aug2036, USD (2011B, 9179D)
0.78%
Sacramento Municipal Utility District, 5% 15aug2049, USD (2023)
0.77%
Desert Community College District, 4% 1aug2051, USD (2016)
0.76%
CATF
California, 3.5% 1dec2030, USD
1.46%
Riverside Transportation Commission, 4% 1jun2046, USD
0.95%
California, 4% 1sep2043, USD
0.90%
US684133KT71
0.90%
US13032UN611
0.88%
East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)
0.85%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
0.84%
California Community Choice Financing Authority, 5.25% 1feb2036, USD (2026C)
0.79%
US13048VV394
0.75%
US13032UX453
0.73%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.73%
Desert Community College District, 5% 1aug2051, USD (2016)
0.71%
US544647JV34
0.69%
California Public Works Board, 5% 1sep2033, USD (2024)
0.69%
California Community Choice Financing Authority, 5% 1oct2034, USD (2026G)
0.69%
Frequently asked questions about JCAL and CATF
Which ETF is bigger: JCAL or CATF?
As of September 18, 2026, JCAL holds $490.81 M in assets under management (AUM), while CATF manages $88.95 M.
What sectors do the JCAL and CATF ETFs invest in?
JCAL leans toward sectors like Municipal. Meanwhile, CATF focuses on Municipal.
What are the top holdings of the JCAL ETF and CATF ETF?
JCAL top holdings include US072024C758, USA, Bills 0% 11aug2026, USD (119D) and US91412HYH01. CATF holds in its top three: California, 3.5% 1dec2030, USD, Riverside Transportation Commission, 4% 1jun2046, USD and California, 4% 1sep2043, USD.
Which ETF is more diversified: JCAL or CATF?
JCAL holds 313 securities with 15.2% of its assets in the top 15. CATF has 303 securities and a top 15 weight of 12.56%.
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