T. Rowe Price High Income Municipal ETF (THYM) 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 THYM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to THYM
THYM charges 0.32% annually. No ETFs in the High Yield Muni category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.34%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Capital Group Municipal High-Income ETF | 0.34% | 3.22B | Jun 2024 | THYM vs CGHM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 280.74M | Jul 2023 | THYM vs JMHI | |
| Nuveen High Yield Municipal Income ETF | 0.35% | 137.99M | Jan 2025 | THYM vs NHYM | |
| WisdomTree High Income Laddered Municipal ETF | 0.35% | 5.08M | Apr 2025 | THYM vs WTMY | |
| Franklin Municipal High Yield ETF | 0.35% | 599.10M | May 2018 | THYM vs FTMH |
Best Risk-Adjusted Alternatives to THYM
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 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Income Municipal ETF | 92 | 57.80M | Feb 2025 | THYM vs EVYM | |
| Capital Group Municipal High-Income ETF | 91 | 3.22B | Jun 2024 | THYM vs CGHM | |
| Rockefeller Opportunistic Municipal Bond ETF | 91 | 209.80M | Aug 2024 | THYM vs RMOP | |
| Invesco Rochester High Yield Municipal ETF | 84 | 131.53M | Dec 2022 | THYM vs IROC | |
| Nuveen High Yield Municipal Income ETF | 78 | 137.99M | Jan 2025 | THYM vs NHYM |
Top Performing THYM Alternatives (YTD)
THYM is at 4.04% YTD. There are 6 ETFs in the High Yield Muni category with higher YTD returns, going as high as 4.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rockefeller Opportunistic Municipal Bond ETF | 4.45% | 209.80M | Aug 2024 | THYM vs RMOP | |
| VanEck CEF Municipal Income ETF | 4.38% | 223.14M | Jul 2011 | THYM vs XMPT | |
| Nomura National High-Yield Municipal Bond ETF | 4.24% | 30.14M | Mar 2025 | THYM vs HTAX | |
| Franklin Municipal High Yield ETF | 4.22% | 599.10M | May 2018 | THYM vs FTMH | |
| iShares High Yield Muni Active ETF | 4.13% | — | Feb 2025 | THYM vs HIMU |
Lowest Volatility Alternatives to THYM
THYM has 4.32% 1-year volatility. There are 9 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.55% | 5.08M | Apr 2025 | THYM vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.84% | 788.12M | Mar 2021 | THYM vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.07% | 131.53M | Dec 2022 | THYM vs IROC | |
| Capital Group Municipal High-Income ETF | 3.13% | 3.22B | Jun 2024 | THYM vs CGHM | |
| JPMorgan High Yield Municipal ETF | 3.21% | 280.74M | Jul 2023 | THYM vs JMHI |
Lowest Drawdown Alternatives to THYM
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% | 788.12M | Mar 2021 | THYM vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.22B | Jun 2024 | THYM vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 131.53M | Dec 2022 | THYM vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | THYM vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 5.08M | Apr 2025 | THYM vs WTMY |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 7 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 50 | 9.68% | 7.67B | Jun 2023 | THYM vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 80 | 1.68% | 662.55M | Nov 2022 | THYM vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 67 | 10.73% | 1.39B | Aug 2020 | THYM vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 2.09% | 1.24B | Sep 2021 | THYM vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 20 | 1.34% | 2.19B | Aug 2020 | THYM vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 65 | 11.57% | 4.16B | Jun 2021 | THYM vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 23 | 3.81% | 1.03B | Aug 2020 | THYM vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 44 | 11.36% | 1.55B | Jun 2023 | THYM vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 62 | 2.09% | 845.86M | Oct 2022 | THYM vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 25 | 4.49% | 1.51B | Jun 2023 | THYM vs TGRT |
Often Compared With THYM
Investors most often compare THYM with LMUB, FTOH, OVM. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare THYM with Any Fund or Stock
Compare THYM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair THYM with funds that move differently
T. Rowe Price High Income Municipal ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to THYM.
Explore THYM Diversifiers