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Upturn AI SWOT - About
Xtrackers California Municipal Bonds ETF (CA)
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Upturn Advisory Summary
10/24/2025: CA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.92% | Avg. Invested days 38 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.42 - 26.16 | Updated Date 06/30/2025 |
52 Weeks Range 23.42 - 26.16 | Updated Date 06/30/2025 |
Upturn AI SWOT
Xtrackers California Municipal Bonds ETF
ETF Overview
Overview
The Xtrackers California Municipal Bonds ETF (CA) seeks to track the performance, before fees and expenses, of the ICE California Municipal Index. This index comprises investment-grade California municipal bonds. The fund offers exposure to the California municipal bond market, providing potential tax-exempt income for California residents.
Reputation and Reliability
DWS is a reputable global asset manager with a long track record in offering ETF products. They are known for their expertise in fixed income and their commitment to providing cost-effective investment solutions.
Management Expertise
DWS's management team has extensive experience in managing fixed-income portfolios, including municipal bonds. They employ a rigorous investment process focused on tracking the underlying index while minimizing tracking error.
Investment Objective
Goal
To track the performance, before fees and expenses, of the ICE California Municipal Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive investment strategy, aiming to replicate the composition and performance of the ICE California Municipal Index.
Composition The ETF primarily holds investment-grade California municipal bonds.
Market Position
Market Share: The Xtrackers California Municipal Bonds ETF has a moderate market share within the California municipal bond ETF market.
Total Net Assets (AUM): 48470000
Competitors
Key Competitors
- VCA
- CMF
- PWZ
Competitive Landscape
The California municipal bond ETF market is fairly concentrated, with several large players. CA competes on expense ratio and tracking accuracy. Competitors may have a larger AUM, translating into better trading volumes, but CA is a cost-effective option for targeted California municipal bond exposure.
Financial Performance
Historical Performance: Historical performance data is available from DWS and financial data providers. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should closely track the ICE California Municipal Index. Tracking error is a key metric for evaluating its effectiveness.
Expense Ratio: 0.23
Liquidity
Average Trading Volume
The average trading volume is moderate, suggesting sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, California's fiscal health, and overall market sentiment influence the performance of the ETF. Changes in tax laws could also impact demand for municipal bonds.
Growth Trajectory
The growth trajectory depends on investor demand for tax-exempt income and the performance of the California municipal bond market. The ETF's strategy remains consistent with tracking its index.
Moat and Competitive Advantages
Competitive Edge
Xtrackers California Municipal Bonds ETF focuses solely on California municipal bonds. Its competitive advantage lies in its low expense ratio and pure exposure to the California municipal bond market. This targeted approach may appeal to California residents seeking tax-exempt income. DWS's expertise in fixed-income management lends credibility to the fund. It provides diversification within the California municipal bond sector.
Risk Analysis
Volatility
The ETF's volatility is generally lower than equity ETFs due to its fixed-income nature. However, interest rate risk and credit risk associated with municipal bonds can impact its performance.
Market Risk
Market risk includes interest rate risk (rising rates can decrease bond values) and credit risk (risk of default by bond issuers). The fund mitigates some credit risk by holding primarily investment-grade bonds, however, California's economic health specifically is a factor.
Investor Profile
Ideal Investor Profile
California residents seeking tax-exempt income and diversification within the California municipal bond market.
Market Risk
Suitable for long-term investors and passive index followers seeking tax-advantaged income.
Summary
Xtrackers California Municipal Bonds ETF (CA) offers targeted exposure to the California municipal bond market. With a low expense ratio and a passive investment strategy, the ETF seeks to replicate the performance of the ICE California Municipal Index. This ETF is ideal for California residents seeking tax-exempt income, diversification and long-term investment. While the ETF faces market risk and interest rate risk, it can be a valuable addition to a well-diversified portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- DWS Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market conditions and other factors can impact investment performance. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Xtrackers California Municipal Bonds ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The underlying index tracks the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by the state of California and its political subdivisions. The fund will invest at least 80% of its total assets (but typically far more) in instruments that comprise the underlying index. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.