CATF vs VTEC
American Century California Municipal Bond ETF against Vanguard California Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
53 shared positions
Fee gap
21 bp
VTEC is cheaper
1-year return gap
0.6 pts
CATF is ahead
Larger fund
VTEC
$2.6B
Side by side
| CATF | VTEC | |
|---|---|---|
| Fund | American Century California Municipal Bond ETF | Vanguard California Tax-Exempt Bond ETF |
| Issuer | American Century | Vanguard |
| Category | State Muni | State Muni |
| Expense ratio | 0.27% | 0.06% |
| Assets | $78M | $2.6B |
| Average daily dollar volume | $2.9M | $115M |
| Listed | Jul 16, 2024 | Jan 26, 2024 |
| FrenzyCap score | 55 | 96 |
| 1-month return | −0.1% | −0.4% |
| 3-month return | −2.2% | −3.0% |
| Year to date | −3.8% | −4.7% |
| 1-year return | −4.3% | −4.9% |
| 30-day volatility | 7.5% | 5.9% |
| Worst drawdown, 1 year | −8.2% | −8.1% |
| Trailing 12-month yield | 3.65% | 3.27% |
| Holdings | 288 | 3,993 |
| Top 10 weight | 12.7% | 3.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$12M thru May 2026 | +$513M thru May 2026 |
| 30-day implied volatility | — | 17.3% |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
21% of CATF · 3% of VTEC| Holding | CATF | VTEC |
|---|---|---|
| State of California 4%, due Sep 1, 2043 | 0.97% | 0.24% |
| State of California 4%, due Mar 1, 2036 | 0.26% | 0.22% |
| Los Angeles Department of Water & Power Water System Revenue 5%, due Jan 1, 2030 | 0.34% | 0.20% |
| Foothill-Eastern Transportation Corridor Agency 4%, due Jan 15, 2046 | 0.50% | 0.18% |
| UNIVERSITY OF CALIFORNIA 5%, due May 15, 2053 | 0.68% | 0.17% |
| UNIVERSITY OF CALIFORNIA 5%, due May 15, 2029 | 0.28% | 0.15% |
| State of California 5%, due Mar 1, 2055 | 0.14% | 0.20% |
| PRG - POTRERO PROPERTIES 5%, due Jun 30, 2032 | 0.35% | 0.13% |
| California State Public Works Board 5%, due Sep 1, 2033 | 0.74% | 0.12% |
| San Francisco City & County Public Utilities Commission Wastewater Revenue 4%, due Oct 1, 2048 | 0.53% | 0.10% |
| UNIVERSITY OF CALIFORNIA 5%, due May 15, 2037 | 0.53% | 0.09% |
| Southern California Public Power Authority 5%, due Jul 1, 2048 | 0.13% | 0.08% |
| Riverside County Transportation Commission 4%, due Jun 1, 2046 | 1.04% | 0.08% |
| Alameda Corridor Transportation Authority 5%, due Oct 1, 2037 | 0.58% | 0.07% |
| Southern California Public Power Authority 5.25%, due Jul 1, 2053 | 0.34% | 0.07% |
| City of Los Angeles Department of Airports 5%, due May 15, 2048 | 0.41% | 0.06% |
| Los Angeles County Public Works Financing Authority 5.5%, due Dec 1, 2049 | 0.21% | 0.06% |
| UNIVERSITY OF CALIFORNIA 5.25%, due May 15, 2040 | 0.37% | 0.05% |
| State of California 5.25%, due Aug 1, 2055 | 0.15% | 0.05% |
| Sacramento Municipal Utility District 5%, due Nov 15, 2054 | 0.49% | 0.05% |
| State of California Department of Water Resources 5%, due Dec 1, 2051 | 0.48% | 0.04% |
| Foothill-Eastern Transportation Corridor Agency 4%, due Jan 15, 2043 | 0.26% | 0.04% |
| San Diego Public Facilities Financing Authority 5%, due May 15, 2054 | 0.61% | 0.04% |
| Los Angeles Department of Water & Power 5%, due Jul 1, 2042 | 0.35% | 0.04% |
| Sacramento Municipal Utility District 5%, due Aug 15, 2049 | 0.37% | 0.04% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CATF holdings · VTEC holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.