Franklin Municipal High Yield ETF (FTMH) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTMH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTMH
FTMH charges 0.35% annually. There are 2 ETFs in the High Yield Muni category with lower expense ratios, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 25.43M | Nov 2025 | FTMH vs THYM | |
| Capital Group Municipal High-Income ETF | 0.34% | 3.13B | Jun 2024 | FTMH vs CGHM | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 757.47M | Mar 2021 | FTMH vs SHYM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 279.52M | Jul 2023 | FTMH vs JMHI | |
| Nuveen High Yield Municipal Income ETF | 0.35% | 140.42M | Jan 2025 | FTMH vs NHYM |
Best Risk-Adjusted Alternatives to FTMH
Among 11 ETFs in the High Yield Muni category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Income Municipal ETF | 86 | 56.78M | Feb 2025 | FTMH vs EVYM | |
| Capital Group Municipal High-Income ETF | 86 | 3.13B | Jun 2024 | FTMH vs CGHM | |
| Rockefeller Opportunistic Municipal Bond ETF | 82 | 209.80M | Aug 2024 | FTMH vs RMOP | |
| Invesco Rochester High Yield Municipal ETF | 75 | 129.62M | Dec 2022 | FTMH vs IROC | |
| WisdomTree High Income Laddered Municipal ETF | 68 | 6.11M | Apr 2025 | FTMH vs WTMY |
Top Performing FTMH Alternatives (YTD)
FTMH is at 3.83% YTD. There are 3 ETFs in the High Yield Muni category with higher YTD returns, going as high as 4.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck CEF Municipal Income ETF | 4.03% | 215.76M | Jul 2011 | FTMH vs XMPT | |
| Nomura National High-Yield Municipal Bond ETF | 3.94% | 30.14M | Mar 2025 | FTMH vs HTAX | |
| Rockefeller Opportunistic Municipal Bond ETF | 3.85% | 209.80M | Aug 2024 | FTMH vs RMOP | |
| Eaton Vance High Income Municipal ETF | 3.83% | 56.78M | Feb 2025 | FTMH vs EVYM | |
| iShares High Yield Muni Active ETF | 3.66% | — | Feb 2025 | FTMH vs HIMU |
Lowest Volatility Alternatives to FTMH
FTMH has 4.02% 1-year volatility. There are 7 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.50% | 6.11M | Apr 2025 | FTMH vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.93% | 757.47M | Mar 2021 | FTMH vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.02% | 129.62M | Dec 2022 | FTMH vs IROC | |
| Capital Group Municipal High-Income ETF | 3.11% | 3.13B | Jun 2024 | FTMH vs CGHM | |
| JPMorgan High Yield Municipal ETF | 3.16% | 279.52M | Jul 2023 | FTMH vs JMHI |
Lowest Drawdown Alternatives to FTMH
Among 11 ETFs in the High Yield Muni category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 757.47M | Mar 2021 | FTMH vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.13B | Jun 2024 | FTMH vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 129.62M | Dec 2022 | FTMH vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | FTMH vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 6.11M | Apr 2025 | FTMH vs WTMY |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 9 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 93 | 12.42% | 4.99B | Jul 2016 | FTMH vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 4 | -8.37% | 2.55B | Feb 2018 | FTMH vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 92 | 97.22% | 1.16B | Nov 2017 | FTMH vs FLKR | |
| Franklin U.S. Low Volatility High Dividend Index E... | Dividend | 40 | 10.55% | 588.56M | Dec 2015 | FTMH vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities, Dividend | 54 | 10.71% | 2.60B | Jun 2016 | FTMH vs DIVI | |
| Putnam BDC Income ETF | Financials Equities | 4 | -11.42% | 272.46M | Sep 2022 | FTMH vs PBDC | |
| Franklin FTSE Japan ETF | Japan Equities | 53 | 15.09% | 3.93B | Nov 2017 | FTMH vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Gold, Precious Metals | 21 | -4.86% | 437.03M | Jun 2022 | FTMH vs FGDL | |
| Franklin FTSE China ETF | China Equities | 9 | -12.17% | 264.76M | Nov 2017 | FTMH vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 82 | 20.28% | 171.61M | Nov 2017 | FTMH vs FLJH |
Often Compared With FTMH
Investors most often compare FTMH with EZBC, YYYM, UCO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FTMH with Any Fund or Stock
Compare FTMH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTMH with funds that move differently
Franklin Municipal High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTMH.
Explore FTMH Diversifiers