{
  "page": "compare",
  "query": {
    "a": "GCAL",
    "b": "TACAX"
  },
  "retrieved_at": "2026-07-07T17:00:53+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Goldman Sachs Dynamic California Municipal Income ETF",
    "ticker": "GCAL",
    "slug": "GCAL",
    "series_id": "S000085812",
    "html_url": "https://fundwatcher.app/funds/GCAL/"
  },
  "fund_b": {
    "name": "California Municipal Bond Fund",
    "ticker": "TACAX",
    "slug": "TACAX",
    "series_id": "S000000616",
    "html_url": "https://fundwatcher.app/funds/TACAX/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04359645366351442139805463596",
    "coverage_b_by_a": "0.04359645366351442139805463596",
    "shared_count": 16,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Los Angeles County Public Works Financing Authority, California, Lease Revenue Bonds, Mulitple Capital Projects I, Build America Taxable Bond Series 2",
        "value": "2677569.43",
        "weight": "0.01707257",
        "shared": false
      },
      {
        "name": "GUAM WTRWKS AUTH-A",
        "value": "1802603.35",
        "weight": "0.01149366",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK NATIONAL CHARTR",
        "value": "1724724.65",
        "weight": "0.01099709",
        "shared": false
      },
      {
        "name": "UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-39",
        "value": "1590505.65",
        "weight": "0.01014129",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE",
        "value": "1500766.50",
        "weight": "0.00956910",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR",
        "value": "1490000.00",
        "weight": "0.00950046",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "1467253.78",
        "weight": "0.00935542",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "1463595.43",
        "weight": "0.00933210",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "1432954.81",
        "weight": "0.00913673",
        "shared": false
      },
      {
        "name": "CA SUOSCD 0 02/01/2031",
        "value": "1408567.04",
        "weight": "0.00898123",
        "shared": false
      },
      {
        "name": "Santa Rita Union Elementary School District Sch Facs Improvement Dist No 2022-1",
        "value": "1331919.90",
        "weight": "0.00849251",
        "shared": false
      },
      {
        "name": "Chino Community Facilities District",
        "value": "1323741.59",
        "weight": "0.00844037",
        "shared": false
      },
      {
        "name": "STHERN CA LOGISTICS-A",
        "value": "1322091.87",
        "weight": "0.00842985",
        "shared": false
      },
      {
        "name": "City of Glendale, Series 2025",
        "value": "1319973.88",
        "weight": "0.00841634",
        "shared": false
      },
      {
        "name": "SAN MATEO CA US 5% 9/1/2032",
        "value": "1313228.81",
        "weight": "0.00837334",
        "shared": false
      },
      {
        "name": "CA OXNSCD 0 02/01/2031",
        "value": "1310961.90",
        "weight": "0.00835888",
        "shared": false
      },
      {
        "name": "CITY & COUNTY SAN FRANCISCO CA INFRASTRUCTURE & REVITALIZATION FING DIST 1 FACS 5.0% 09-01-35",
        "value": "1305568.20",
        "weight": "0.00832449",
        "shared": false
      },
      {
        "name": "LOS ANGELES WTR & PWR",
        "value": "1283311.76",
        "weight": "0.00818258",
        "shared": false
      },
      {
        "name": "TRANSBAY JT PWRS-A",
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        "weight": "0.00803485",
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      },
      {
        "name": "SAN MARCOS SD-B",
        "value": "1251499.20",
        "weight": "0.00797974",
        "shared": false
      },
      {
        "name": "REDDING JT PWRS -A",
        "value": "1218792.51",
        "weight": "0.00777120",
        "shared": false
      },
      {
        "name": "CA TXB-VAR PURP",
        "value": "1181486.20",
        "weight": "0.00753333",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA",
        "value": "1173034.00",
        "weight": "0.00747943",
        "shared": false
      },
      {
        "name": "CA MUNI FIN AUTH-A",
        "value": "1167355.46",
        "weight": "0.00744323",
        "shared": false
      },
      {
        "name": "State of California, Series 2007",
        "value": "1164828.80",
        "weight": "0.00742712",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "1153405.89",
        "weight": "0.00735428",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING A CASMED 08/48 FIXED 4",
        "value": "1148997.24",
        "weight": "0.00732617",
        "shared": true
      },
      {
        "name": "SACRAMENTO CNTY CA ARPT SYS REVENUE",
        "value": "1147339.50",
        "weight": "0.00731560",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A-2",
        "value": "1143360.04",
        "weight": "0.00729023",
        "shared": false
      },
      {
        "name": "CALIFORNIA STWD CMNTYS DEV AUTH REVENUE",
        "value": "1136117.00",
        "weight": "0.00724405",
        "shared": false
      },
      {
        "name": "CA PCFA WTR FUR 5% 7/1/2029",
        "value": "1132538.12",
        "weight": "0.00722123",
        "shared": false
      },
      {
        "name": "PALM DESERT -REF",
        "value": "1117248.99",
        "weight": "0.00712374",
        "shared": false
      },
      {
        "name": "GUAM PWR AUTH REVENUE GUAM POWER AUTHORITY",
        "value": "1113182.00",
        "weight": "0.00709781",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST MUNI FIN AUTH RE CALIFORNIA MUNICIPAL FINANCE AUTHORITY",
        "value": "1101978.80",
        "weight": "0.00702638",
        "shared": false
      },
      {
        "name": "Los Angeles County Public Works Financing Authority, Series 2025, RB",
        "value": "1091099.80",
        "weight": "0.00695701",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "1091011.79",
        "weight": "0.00695645",
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      },
      {
        "name": "LOS ANGELES WTR-A-REF",
        "value": "1087285.40",
        "weight": "0.00693269",
        "shared": false
      },
      {
        "name": "Inglewood Joint Powers Authority, Series 2025",
        "value": "1080458.50",
        "weight": "0.00688916",
        "shared": false
      },
      {
        "name": "City of San Jose CA",
        "value": "1077430.10",
        "weight": "0.00686985",
        "shared": false
      },
      {
        "name": "Municipal Improvement Corp of Los Angeles",
        "value": "1076621.10",
        "weight": "0.00686469",
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      {
        "name": "Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund",
        "value": "1075997.00",
        "weight": "0.00686071",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA Department of Airports, Series 2018 B, Ref. RB",
        "value": "1049413.00",
        "weight": "0.00669121",
        "shared": false
      },
      {
        "name": "Glendale (City of), AZ, Series 2025, RB",
        "value": "1044694.90",
        "weight": "0.00666113",
        "shared": false
      },
      {
        "name": "Territory of Guam, Series 2025G",
        "value": "1038264.10",
        "weight": "0.00662012",
        "shared": false
      },
      {
        "name": "Sacramento (County of), CA, Series 2018 C, Ref. RB",
        "value": "1033907.20",
        "weight": "0.00659234",
        "shared": false
      },
      {
        "name": "California Health Facilities Financing Authority",
        "value": "1023692.70",
        "weight": "0.00652721",
        "shared": false
      },
      {
        "name": "SACRAMENTO-WTR REV",
        "value": "1021409.80",
        "weight": "0.00651266",
        "shared": false
      },
      {
        "name": "City of Atwater CA Wastewater Revenue",
        "value": "1020453.90",
        "weight": "0.00650656",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "1019803.00",
        "weight": "0.00650241",
        "shared": true
      },
      {
        "name": "American Samoa Economic Development Authority, Series 2025 B",
        "value": "1015916.70",
        "weight": "0.00647763",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE",
        "value": "14043079.23",
        "weight": "0.02510978",
        "shared": true
      },
      {
        "name": "San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2025 A, RB",
        "value": "12339071.56",
        "weight": "0.02206292",
        "shared": false
      },
      {
        "name": "Sacramento (County of), CA, Series 2024, RB",
        "value": "8307894.29",
        "weight": "0.01485496",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "7502653.78",
        "weight": "0.01341515",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA-BV",
        "value": "7397938.86",
        "weight": "0.01322791",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "7354811.10",
        "weight": "0.01315080",
        "shared": true
      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "6625471.20",
        "weight": "0.01184670",
        "shared": false
      },
      {
        "name": "JH COLLATERAL",
        "value": "6047084.38",
        "weight": "0.01081251",
        "shared": false
      },
      {
        "name": "SAN FRANCISCO CITY & COUNTY PUBLIC UTILITIES COMMISSION 4.0% 11-01-50",
        "value": "5478161.61",
        "weight": "0.00979525",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT-D",
        "value": "5443181.50",
        "weight": "0.00973270",
        "shared": false
      },
      {
        "name": "COMMONSPIRIT HEALTH OBLIGATED GROUP 5.25% 12-01-49",
        "value": "5340557.50",
        "weight": "0.00954920",
        "shared": true
      },
      {
        "name": "GARDEN GROVE PUBLIC FINANCING GARGEN 04/49 FIXED 5",
        "value": "5235870.93",
        "weight": "0.00936202",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power Water System, Series 2020B",
        "value": "5141040.89",
        "weight": "0.00919246",
        "shared": false
      },
      {
        "name": "SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE",
        "value": "4903246.05",
        "weight": "0.00876727",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "4689622.72",
        "weight": "0.00838530",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST EDUCTNL",
        "value": "4648412.45",
        "weight": "0.00831161",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RB",
        "value": "4402021.60",
        "weight": "0.00787105",
        "shared": false
      },
      {
        "name": "CA CCEDEV 5 03/01/2036",
        "value": "4358994.80",
        "weight": "0.00779412",
        "shared": true
      },
      {
        "name": "CALIFORNIA ENTERPRISE DEVELOPM CASDEV 06/40 FIXED OID 4",
        "value": "4206375.94",
        "weight": "0.00752123",
        "shared": false
      },
      {
        "name": "CA ST UNIV-A-REF",
        "value": "3974664.05",
        "weight": "0.00710691",
        "shared": false
      },
      {
        "name": "ALVORD USD-B-CABS",
        "value": "3966982.26",
        "weight": "0.00709318",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.25000000",
        "value": "3817111.20",
        "weight": "0.00682520",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "3319935.60",
        "weight": "0.00593622",
        "shared": false
      },
      {
        "name": "Inland Empire Tobacco Securitization Corp., Series 2007C-1",
        "value": "3171808.08",
        "weight": "0.00567136",
        "shared": false
      },
      {
        "name": "Savanna School District, Series B",
        "value": "3158377.04",
        "weight": "0.00564735",
        "shared": false
      },
      {
        "name": "PRS-CALIFORNIA OBLIGATED GROUP 5.0% 04-01-49",
        "value": "3107823.90",
        "weight": "0.00555696",
        "shared": false
      },
      {
        "name": "CA PCFA WTR FUR 5% 11/21/2045",
        "value": "3061248.60",
        "weight": "0.00547368",
        "shared": false
      },
      {
        "name": "California Educational Facilities Authority, Revenue Bonds, Master's University, Series 2025",
        "value": "2944723.54",
        "weight": "0.00526532",
        "shared": false
      },
      {
        "name": "ANAHEIM UNION HIGH SCHOOL DIST ANASCD 08/38 FIXED 3",
        "value": "2837464.40",
        "weight": "0.00507354",
        "shared": false
      },
      {
        "name": "DESERTXPRESS ENTERPRISES LLC (MPT) 12.0% 01-01-65",
        "value": "2802600.00",
        "weight": "0.00501120",
        "shared": false
      },
      {
        "name": "Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022",
        "value": "2790450.00",
        "weight": "0.00498947",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE",
        "value": "2771302.74",
        "weight": "0.00495524",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "2710943.25",
        "weight": "0.00484731",
        "shared": false
      },
      {
        "name": "CITY OF GLENDALE CA ELECTRIC R GLEPWR 02/45 FIXED 5",
        "value": "2627472.76",
        "weight": "0.00469806",
        "shared": false
      },
      {
        "name": "ROCKLIN ACADEMY OBLIGATED GROUP 5.0% 06-01-64",
        "value": "2588603.39",
        "weight": "0.00462856",
        "shared": false
      },
      {
        "name": "TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5",
        "value": "2533843.07",
        "weight": "0.00453065",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE",
        "value": "2528015.24",
        "weight": "0.00452023",
        "shared": false
      },
      {
        "name": "EISENHOWER MEDICAL CENTER 5.0% 07-01-47",
        "value": "2496822.35",
        "weight": "0.00446445",
        "shared": false
      },
      {
        "name": "GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000",
        "value": "2485929.25",
        "weight": "0.00444498",
        "shared": false
      },
      {
        "name": "TEJON RANCH PUBLIC FACILITIES TEJFAC 09/54 FIXED 5",
        "value": "2474896.78",
        "weight": "0.00442525",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "2461069.35",
        "weight": "0.00440052",
        "shared": true
      },
      {
        "name": "P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.5% 06-01-54",
        "value": "2439162.25",
        "weight": "0.00436135",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "2423145.75",
        "weight": "0.00433271",
        "shared": false
      },
      {
        "name": "REDONDO BEACH UNIFIED SCHOOL D RDBSCD 08/50 FIXED 5",
        "value": "2420675.49",
        "weight": "0.00432830",
        "shared": false
      },
      {
        "name": "PALMDALE WATER DISTRICT PUBLIC PWDWTR 10/49 FIXED OID 4",
        "value": "2402768.37",
        "weight": "0.00429628",
        "shared": false
      },
      {
        "name": "Chaffey Joint Union High School District (Election of 2012), Series 2023 G, GO Bonds",
        "value": "2333257.92",
        "weight": "0.00417199",
        "shared": false
      },
      {
        "name": "W HOLLYWOOD FING AUTH",
        "value": "2282405.76",
        "weight": "0.00408106",
        "shared": false
      },
      {
        "name": "LONG BEACH UNIF SD",
        "value": "2262767.65",
        "weight": "0.00404595",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "2236057.20",
        "weight": "0.00399819",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "2231091.60",
        "weight": "0.00398931",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000940400-26-015189",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1479026/000094040026015189/0000940400-26-015189-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001193125-26-184466",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/856671/000119312526184466/0001193125-26-184466-index.htm"
    }
  ]
}