# Portfolio overlap — CMF vs SCMB Comparing **iShares California Muni Bond ETF** (2026-02-28) and **Schwab Municipal Bond ETF** (2026-03-31). - Shared positions: 426 - iShares California Muni Bond ETF covered by Schwab Municipal Bond ETF: 0.06465759127424139707870337253 - Schwab Municipal Bond ETF covered by iShares California Muni Bond ETF: 0.06465759127424139707870337252 ## iShares California Muni Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | UNIV OF CA REGENTS | 0.005320 | | | LOS ANGELES UNIF SD-A | 0.005256 | ✓ | | LOS ANGELES UNIF SD-A | 0.004969 | ✓ | | California (State of) Educational Facilities Authority (Stanford University), Series 2014 U-6, RB | 0.004836 | ✓ | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.004635 | | | CA ST UNIV TRUSTEES-A | 0.004541 | ✓ | | State of California 5.00% 03/01/2055 | 0.004152 | ✓ | | San Francisco City & County Airport Comm-San Francisco International Airport | 0.004085 | | | Orange County Water District, Series 2003A | 0.003965 | | | University of California, Series 2025BZ | 0.003626 | ✓ | | State of California | 0.003607 | ✓ | | E CO AWP JT PWRS-A-1 | 0.003489 | ✓ | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.003375 | | | STATE OF CALIFORNIA 4.0% 09-01-43 | 0.003228 | ✓ | | State of California, Series 2007 | 0.003182 | ✓ | | Toll Road Sr Lien Refunding RB Series 2021A | 0.003085 | ✓ | | SAN FRANCISCO PUB UTI | 0.002983 | | | UNIV OF CALIFORNIA CA | 0.002953 | | | Los Angeles Community College District, Series F | 0.002949 | | | San Diego Unified School District, Series 2023G-3 | 0.002848 | ✓ | | CA ST PUB WKS-C | 0.002839 | | | STATE OF CALIFORNIA 4.0% 03-01-36 | 0.002798 | ✓ | | SAN FRANCISCO PUB-A | 0.002758 | | | UNIV OF CA REGENTS-BQ | 0.002697 | | | Beverly Hills Unified School District, Series 2009 | 0.002688 | | | Anaheim Housing & Public Improvements Authority, Series 2024-A | 0.002638 | | | STATE OF CALIFORNIA | 0.002629 | ✓ | | Los Angeles Unified School District, Series 2023QRR | 0.002622 | ✓ | | Los Angeles Community College District, Series D | 0.002620 | | | University of California, Series 2026 CF | 0.002590 | | | STATE OF CALIFORNIA 4.0% 09-01-29 | 0.002566 | | | LOS ANGELES DEPT -D | 0.002504 | ✓ | | State of California, Series 2024 | 0.002478 | ✓ | | Coast Community College District, Series 2017D | 0.002468 | | | OAKLAND USD-REF | 0.002462 | | | Mt. San Antonio Community College District, Series 2024D | 0.002456 | | | UNIV OF CALIFORNIA-BV | 0.002431 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.002429 | ✓ | | State of California | 0.002415 | ✓ | | STHRN CALIFORNIA ST | 0.002403 | | | SAN FRANCISCO PUB-A | 0.002401 | | | San Joaquin Hills Transportation Corridor Agency, Series 2021 A, Ref. RB | 0.002385 | ✓ | | University of California, Series 2026 CE | 0.002357 | | | State of California | 0.002357 | | | San Mateo Foster City School District, Series B | 0.002356 | ✓ | | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE | 0.002248 | | | State of California | 0.002240 | | | El Camino Community College District Fountation (The), Series 2012C | 0.002231 | | | Palo Alto Unified School District, Series 2025 | 0.002212 | ✓ | | Los Angeles (City of), CA, Series 2025, RN | 0.002203 | | ## Schwab Municipal Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | NEW YORK NY | 0.002702 | | | MASSACHUSETTS ST | 0.002519 | | | Gwinnett County School District, Series 2025, GO Bonds | 0.002481 | | | NEW YORK-G-G-1 | 0.002406 | | | PENNSYLVANIA ST-1ST | 0.002368 | | | NASHVILLE& DAVIDSON-A | 0.002365 | | | NEW YORK NY | 0.002249 | | | NYC TRANSITIONAL-F-1 | 0.002226 | | | State of California Department of Water Resources | 0.002192 | | | State of Oregon Department of Transportation, Series 2024A | 0.002113 | | | NYC TRANSITIONAL-S-1A | 0.002043 | | | GWINNETT GA SD 5% 2/1/2032 | 0.002013 | | | LOS ANGELES UNIF SD-A | 0.001979 | ✓ | | WASHING ST -C | 0.001973 | | | Pennsylvania Turnpike Commission, Series 2023-1 | 0.001935 | | | NEW YORK CITY NY MUNI | 0.001919 | | | State of California | 0.001914 | ✓ | | Louisville & Jefferson County Metropolitan Sewer District, Series 2024A | 0.001913 | | | MASSACHUSETTS ST | 0.001827 | | | MASSACHUSETTS ST DEV FIN AGY R REGD N/C B/E 5.00000000 | 0.001798 | | | Washington (State of), Series 2018 C, GO Bonds | 0.001747 | | | State of Maryland, Series 2023A | 0.001726 | | | IN FIN REV 5% 2/1/2039 | 0.001706 | | | NYC NY 5% 8/1/2034 | 0.001697 | | | NORTHWEST TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000 | 0.001695 | | | STATE OF CALIFORNIA 5.0% 04-01-49 | 0.001695 | ✓ | | MTA HUDSON RAIL YRD-A | 0.001687 | | | State of Connecticut 4.00% 01/15/2035 | 0.001663 | | | STATE OF CALIFORNIA 5.0% 09-01-31 | 0.001652 | ✓ | | UNIV CA REGENTS-CE | 0.001643 | | | NY STATE UR D 5% 3/15/2036 | 0.001631 | | | NEW YORK ST DORM AUTH SALES TAX REVENUE | 0.001612 | | | Highland Park Independent School District, Series 2024 | 0.001612 | | | PRIV CLGS & UNIVS AUTH GA | 0.001611 | | | NYC WTR 5.25% 6/15/55 | 0.001611 | | | County of Wake, Series 2023A | 0.001608 | | | ILLINOIS FN RV 5% 4/1/2034 | 0.001604 | | | NYC TRANSITIONAL-E-1 | 0.001595 | | | City of Alexandria | 0.001587 | | | MA ST-A | 0.001572 | | | State of California, Series 2024 | 0.001565 | | | State of Connecticut | 0.001548 | | | UNIV OF CA REGENTS-BQ | 0.001545 | | | WA ST-SER R-2023A-REF | 0.001545 | | | OH TPK 5% 2/15/2046 | 0.001538 | | | Chicago Transit Authority, Series A | 0.001525 | | | NEW YORK-D | 0.001519 | | | GREAT LAKES WTR 5.25% 7/1/2047 | 0.001515 | | | WILLIAMSON CO-NTS | 0.001512 | | | Texas Water Development Board, Series 2020 | 0.001512 | | ## Sources - N-PORT (fund A) — accession `0002071691-26-008204` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-050059` (as of 2026-03-31) --- _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._ _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._ _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. See _