FTCA vs VTEC
Franklin California Municipal Income 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
1%
30 shared positions
Fee gap
29 bp
VTEC is cheaper
1-year return gap
—
Larger fund
VTEC
$2.6B
Side by side
| FTCA | VTEC | |
|---|---|---|
| Fund | Franklin California Municipal Income ETF | Vanguard California Tax-Exempt Bond ETF |
| Issuer | Franklin Templeton | Vanguard |
| Category | State Muni | State Muni |
| Expense ratio | 0.35% | 0.06% |
| Assets | $551M | $2.6B |
| Average daily dollar volume | $9.2M | $115M |
| Listed | May 22, 2018 | Jan 26, 2024 |
| FrenzyCap score | 58 | 96 |
| 1-month return | −1.1% | −0.4% |
| 3-month return | −4.4% | −3.0% |
| Year to date | −5.2% | −4.7% |
| 1-year return | — | −4.9% |
| 30-day volatility | 8.2% | 5.9% |
| Worst drawdown, 1 year | −9.4% | −8.1% |
| Trailing 12-month yield | 3.96% | 3.27% |
| Holdings | 317 | 3,993 |
| Top 10 weight | 19.7% | 3.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | — | +$513M thru May 2026 |
| 30-day implied volatility | — | 17.3% |
| Holdings as of | as of Oct 20, 2026issuer data | 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
22% of FTCA · 1% of VTEC| Holding | FTCA | VTEC |
|---|---|---|
| LOS ANGELES CA 5.25 7/48, due Jul 1, 2048 | 1.95% | 0.10% |
| SAN FRANCISCO 5.25 11/55, due Nov 1, 2055 | 0.29% | 0.07% |
| LOS ANGELES CA DEP 5 7/46, due Jul 1, 2046 | 0.98% | 0.06% |
| SWEETWATER UN HSD- 5 8/52, due Aug 1, 2052 | 0.92% | 0.06% |
| SAN DIEGO UNIF S 5.5 7/56, due Jul 1, 2056 | 4.61% | 0.06% |
| CA MUNI FIN AUT 5.25 9/51, due Sep 1, 2051 | 0.18% | 0.06% |
| LOS ANGELES CO MTA 5 6/46, due Jun 1, 2046 | 0.27% | 0.05% |
| LOS ANGELES CA DEP 5 7/50, due Jul 1, 2050 | 0.27% | 0.05% |
| GLENDALE 5.0 2/54, due Feb 1, 2054 | 0.67% | 0.05% |
| CALIFORNIA ST 5 10/45, due Oct 1, 2045 | 0.80% | 0.04% |
| SAN FRANCISCO 5.25 11/52, due Nov 1, 2052 | 0.72% | 0.03% |
| LOS ANGELES CO MTA 5 6/45, due Jun 1, 2045 | 0.14% | 0.03% |
| CALIFORNIA ST 5.5 8/54, due Aug 1, 2054 | 0.63% | 0.03% |
| SAN DIEGO PUB FACS 5 5/51, due May 15, 2051 | 0.49% | 0.03% |
| LOS ANGELES DEPT O 5 7/52, due Jul 1, 2052 | 0.78% | 0.03% |
| LOS ANGELES-A 5.25 6/50, due Jun 1, 2050 | 0.87% | 0.03% |
| ALAMEDA CA CO MULTI 10/49, due Oct 1, 2049 | 0.80% | 0.02% |
| SAN FRANCISCO BAY 3 7/44, due Jul 1, 2044 | 0.32% | 0.02% |
| BURBANK ETC AR 4.375 7/56, due Jul 1, 2056 | 0.31% | 0.01% |
| MONTEBELLO UNIF SD 5 8/50, due Aug 1, 2050 | 0.43% | 0.01% |
| CERRITOS CCD-B 5 8/51, due Aug 1, 2051 | 0.72% | 0.01% |
| SAN FRANCISCO BAY- 3 8/38, due Aug 1, 2038 | 0.51% | 0.01% |
| LONG BEACH UNIF SD 3 8/48, due Aug 1, 2048 | 0.45% | 0.01% |
| SAN FRANCISCO BAY- 3 8/49, due Aug 1, 2049 | 0.64% | 0.00% |
| MONTEBELLO UNIF SD 5 8/44, due Aug 1, 2044 | 0.28% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FTCA 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.