T. Rowe Price Short Municipal Income ETF (TMNS) Sharpe Ratio

Sharpe ratio is not yet available for TMNS. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares T. Rowe Price Short Municipal Income ETF's Sharpe Ratio with other ETFs in the Municipal Bonds, Short-Term Bond category across multiple time periods, showing how TMNS's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 12, 2026.

Symbol	Name	1Y Sharpe Ratio
MYCF	State Street My2026 Corporate Bond ETF	7.35
FLDR	Fidelity Low Duration Bond Factor ETF	5.69
MYCG	State Street My2027 Corporate Bond ETF	4.70
FLDB	Fidelity Low Duration Bond ETF	4.40
AUSM	Allspring Ultra Short Municipal ETF	4.03
DCRE	DoubleLine Commercial Real Estate ETF	3.93
CALI	iShares Short-Term California Muni Active ETF	3.86
MYMG	State Street My2027 Municipal Bond ETF	3.65
MYMF	State Street My2026 Municipal Bond ETF	3.57
USTB	VictoryShares Short-Term Bond ETF	3.52
TMNS	T. Rowe Price Short Municipal Income ETF	—

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Historical Sharpe Ratio

The chart shows TMNS's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TMNS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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