CMF vs VOO

iShares California Muni Bond ETF compared with Vanguard S&P 500 ETF on yield, payout growth, payment schedule, cost and risk.

CMF

iShares California Muni Bond ETF

3.03%

TTM yield · Monthly

VS

VOO

Vanguard S&P 500 ETF

1.04%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricCMFVOO
Share price$55.70$704.07
TTM yield3.03%1.04%
Forward yield3.03%1.11%
Annual payout per share$1.689$7.848
Payment frequencyMonthlyQuarterly
Next ex-dateOct 1, 2026 (est.)Sep 25, 2026 (est.)
Expense ratio0.08%0.03%
1-year payout growth+5.9%
5-year payout CAGR+6.8%
Consecutive years of increases1 year
Payout consistency (last 12)98/10093/100
1-year total return+2.8%+20.0%
1-year price return-0.2%+18.7%
Size (market cap / AUM)4.6B1.7T
Years paying18.916.0
Sector / categoryMuni California LongLarge Blend

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

CMFVOO
Shares179.514.2
Income per year$303$111
Income per month (avg)$25$9

At forward yields, before taxes. Model CMF · Model VOO

Next payments

Ex-datePay datePer shareStatus
CMF Oct 1, 2026Oct 15, 2026$0.1408Est.
CMF Oct 31, 2026Nov 14, 2026$0.1407Est.
CMF Nov 30, 2026Dec 14, 2026$0.1407Est.
VOO Sep 25, 2026Oct 9, 2026$1.962Est.
VOO Dec 25, 2026Jan 8, 2027$1.962Est.
VOO Mar 26, 2027Apr 9, 2027$1.962Est.

Annual payouts per share

CMFVOO

Annual dividend per share, CMF vs VOO, 2019 to 2026VOOCMF$0.00$4.00$8.00CMF 2019: $1.243VOO 2019: $5.5712019CMF 2020: $1.13VOO 2020: $5.3032020CMF 2021: $0.984VOO 2021: $5.4372021CMF 2022: $1.073VOO 2022: $5.9472022CMF 2023: $1.323VOO 2023: $6.3572023CMF 2024: $1.594VOO 2024: $6.7052024CMF 2025: $1.69VOO 2025: $7.0682025CMF 2026 (YTD): $1.126VOO 2026 (YTD): $3.8342026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, CMF or VOO?

CMF currently has the higher trailing yield: CMF yields 3.03% and VOO yields 1.04%. Yield changes daily with price, so check the live figures above.

How often do CMF and VOO pay?

CMF pays every month and VOO pays every quarter. CMF's next ex-date is Oct 1, 2026 and VOO's is Sep 25, 2026.

Is CMF or VOO better for income?

It depends on what you are optimising for. CMF and VOO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

CMF dividend history →
VOO dividend history →

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