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CUSIP
45259A878
Inception Date
Aug 12, 2024
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$210M

Share Price Chart


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Performance

RMOP Performance Chart

Rockefeller Opportunistic Municipal Bond ETF (RMOP) is up 3.4% since the beginning of the year. RMOP is currently trading at $25 per share.


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S&P 500 Index

Returns By Period

Rockefeller Opportunistic Municipal Bond ETF (RMOP) has returned 3.36% so far this year and 10.21% over the past 12 months.


Rockefeller Opportunistic Municipal Bond ETF

1D
0.10%
1M
1.15%
YTD
3.36%
6M
3.83%
1Y
10.21%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.68%
YTD
11.16%
6M
11.10%
1Y
27.46%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RMOP Monthly Returns History

Based on dividend-adjusted daily data since Aug 13, 2024, RMOP's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, an investment would double in approximately 13.2 years.

Historically, 70% of months were positive and 30% were negative. The best month was Sep 2025 with a return of +4.0%, while the worst month was Mar 2025 at -2.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, RMOP closed higher 57% of trading days. The best single day was Nov 8, 2024 with a return of +1.3%, while the worst single day was Apr 7, 2025 at -2.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.49%1.79%-1.62%1.50%0.89%0.30%3.36%
20250.56%1.71%-1.99%-1.51%-0.79%0.99%-1.32%0.62%3.97%1.36%0.35%0.01%3.90%
20241.12%2.55%-1.35%2.00%-1.64%2.64%

Benchmark Metrics

Rockefeller Opportunistic Municipal Bond ETF has an annualized alpha of 4.56%, beta of 0.06, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since August 14, 2024.

  • This ETF participated in 28.94% of S&P 500 Index downside but only 24.00% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.06 may look defensive, but with R2 of 0.03 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.03 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.56%
Beta
0.06
0.03
Upside Capture
24.00%
Downside Capture
28.94%

Expense Ratio

RMOP has an expense ratio of 0.55%, placing it in the medium range.


Return for Risk

Risk / Return Rank

RMOP ranks 80 for risk / return — in the top 80% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


RMOP Risk / Return Rank: 8080
Overall Rank
RMOP Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
RMOP Sortino Ratio Rank: 8787
Sortino Ratio Rank
RMOP Omega Ratio Rank: 8787
Omega Ratio Rank
RMOP Calmar Ratio Rank: 7575
Calmar Ratio Rank
RMOP Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Rockefeller Opportunistic Municipal Bond ETF (RMOP) and compare them to S&P 500 Index.


RMOPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.68

2.39

+0.29

Sortino ratio

Return per unit of downside risk

4.00

3.25

+0.75

Omega ratio

Gain probability vs. loss probability

1.55

1.43

+0.12

Calmar ratio

Return relative to maximum drawdown

3.84

3.11

+0.73

Martin ratio

Return relative to average drawdown

13.77

14.38

-0.61

Dividends

Dividend History

Rockefeller Opportunistic Municipal Bond ETF provided a 5.20% dividend yield over the last twelve months, with an annual payout of $1.32 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$1.32$1.29$0.32

Dividend yield

5.20%5.15%1.27%

Monthly Dividends

The table displays the monthly dividend distributions for Rockefeller Opportunistic Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.10$0.10$0.12$0.11$0.10$0.00$0.54
2025$0.10$0.08$0.10$0.11$0.11$0.10$0.13$0.11$0.10$0.13$0.09$0.12$1.29
2024$0.05$0.09$0.08$0.10$0.32

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Rockefeller Opportunistic Municipal Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Rockefeller Opportunistic Municipal Bond ETF was 6.67%, occurring on Apr 11, 2025. Recovery took 119 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-6.67%Apr 2025
1mo 9d5mo 24d
7mo 3dMar 2025 - Oct 2025
2025 pullback2025
-3.20%Jan 2025
1mo 6d1mo 12d
2mo 18dDec 2024 - Feb 2025
2024 pullback2024
-3.05%Nov 2024
1mo 4d21d
1mo 25dOct 2024 - Nov 2024
2026 pullback2026
-2.66%Mar 2026
22d24d
1mo 16dMar 2026 - Apr 2026
2026 pullback2026
-1.37%May 2026
7d9d
16dMay 2026 - May 2026

Drawdown Indicators


RMOPBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-6.67%

-56.78%

+50.11%

Max Drawdown (1Y)

Largest decline over 1 year

-2.66%

-9.10%

+6.44%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-1.52%

-10.72%

+9.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.74%

1.97%

-1.23%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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