Which Funds Can FCAL Replace?

First Trust California Municipal High income ETF Fund Opportunity uses the published comparison universe. Data as of 2026-10-02.

Funds FCAL Can Replace

32 funds

FSI > 80 out of 508 similar funds

Competing Fund AUM

$14.72B

Assets in funds FCAL can compete with and replace

Outperformance Rank

#281

Rank among 508 similar funds

Who Holds Credible Replacements?

355 firms

108,807 connected advisors

Opportunity analysis

FCAL can replace 32 funds with FSI above 80 out of 508 similar funds, representing $14.72B in competing fund AUM. Its outperformance rank is #281 among those similar funds. 355 13F firms and 108,807 advisors are connected to credible replacements. The AUM-weighted historical probability of positive Information Ratio is 27.9%.

Fund details

Vehicle
ETF
Issuer
AJM Ventures LLC
Focus
Broad credit
Net expense ratio
0.49%
Assets under management
$210.4M

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