Hartford Municipal Opportunities ETF (HMOP) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HMOP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HMOP
HMOP charges 0.29% annually. There are 81 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 3.87B | Oct 2022 | HMOP vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 45.70B | Aug 2015 | HMOP vs VTEB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 178.36M | Jul 2019 | HMOP vs FMUN | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 144.40M | Aug 2025 | HMOP vs TAXI | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 94.44M | Aug 2025 | HMOP vs TAXS |
Best Risk-Adjusted Alternatives to HMOP
HMOP has a PortfoliosLab risk / return rank of 70. There are 60 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 97 | 9.88M | Sep 2024 | HMOP vs MYMG | |
| State Street My2026 Municipal Bond ETF | 96 | 8.74M | Sep 2024 | HMOP vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 95 | 1.38B | Mar 2015 | HMOP vs MEAR | |
| First Trust Ultra Short Duration Municipal ETF | 95 | 230.57M | Nov 2018 | HMOP vs FUMB | |
| Invesco BulletShares 2027 Municipal Bond ETF | 94 | 339.63M | Sep 2019 | HMOP vs BSMR |
Top Performing HMOP Alternatives (YTD)
HMOP is at 1.60% YTD. There are 43 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 3.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 3.96% | 30.60M | Sep 2019 | HMOP vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.71% | 138.42M | Jun 2013 | HMOP vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.33% | 18.90M | Sep 2016 | HMOP vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.33% | 25.30M | Nov 2025 | HMOP vs THYM | |
| Invesco New York AMT-Free Municipal Bond ETF | 2.87% | 134.60M | Oct 2007 | HMOP vs PZT |
Lowest Volatility Alternatives to HMOP
HMOP has 2.71% 1-year volatility. There are 69 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | 349.85M | Mar 2018 | HMOP vs IBMM | |
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 27.03M | Sep 2025 | HMOP vs ZMUN | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | 0.71% | 348.98M | Nov 2018 | HMOP vs IBMN | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | HMOP vs AUSM | |
| State Street My2026 Municipal Bond ETF | 0.75% | 8.74M | Sep 2024 | HMOP vs MYMF |
Lowest Drawdown Alternatives to HMOP
HMOP has a 1-year max drawdown of -2.70%. There are 63 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 230.57M | Nov 2018 | HMOP vs FUMB | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | -0.25% | 348.98M | Nov 2018 | HMOP vs IBMN | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 294.75M | Sep 2019 | HMOP vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 40.29M | Jul 2024 | HMOP vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | HMOP vs MYMG |
Other ETFs from Hartford
The 10 most viewed Hartford ETFs shown here include HFSI, RODM, ROUS and span 9 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hartford Strategic Income ETF | Multisector Bonds | 68 | 1.38% | 804.98M | Sep 2021 | HMOP vs HFSI | |
| Hartford Multifactor Developed Markets (ex-US) ETF | Foreign Large Cap Equities | 73 | 10.99% | 1.55B | Feb 2015 | HMOP vs RODM | |
| Hartford Multifactor US Equity ETF | Large Cap Growth Equities | 83 | 16.55% | 632.73M | Feb 2015 | HMOP vs ROUS | |
| Hartford US Value ETF | Large Cap Value Equities | 75 | 12.22% | 46.97M | Dec 2023 | HMOP vs VMAX | |
| Hartford Multifactor Emerging Markets ETF | Emerging Markets Equities | 91 | 26.83% | 119.41M | Feb 2015 | HMOP vs ROAM | |
| Hartford Schroders Tax-Aware Bond ETF | Intermediate Core Bond | 51 | 1.48% | 301.68M | Apr 2018 | HMOP vs HTAB | |
| Hartford AAA CLO ETF | CLO | — | — | 87.85M | May 2018 | HMOP vs HSRT | |
| Hartford Total Return Bond ETF | Intermediate Core-Plus Bond | 42 | 0.26% | 2.28B | Sep 2017 | HMOP vs HTRB | |
| Hartford Multifactor Small Cap ETF | Small Cap Blend Equities | 65 | 11.71% | 57.14M | Mar 2015 | HMOP vs ROSC | |
| Hartford Core Bond ETF | Intermediate Core Bond | 38 | 0.18% | 365.57M | Feb 2020 | HMOP vs HCRB |
Often Compared With HMOP
Investors most often compare HMOP with MMIT, FMB, MUNI. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HMOP with Any Fund or Stock
Compare HMOP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HMOP with funds that move differently
Hartford Municipal Opportunities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HMOP.
Explore HMOP Diversifiers