FTMH vs. HYMU

Last updated Jun 3, 2026

FTMH (Franklin Municipal High Yield ETF) and HYMU (BlackRock High Yield Muni Income Bond ETF) are both High Yield Muni funds. Both are actively managed. Both charge a 0.35% expense ratio.

Performance

FTMH vs. HYMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Municipal High Yield ETF (FTMH) and BlackRock High Yield Muni Income Bond ETF (HYMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTMH

• 1D: 0.17%
• 1M: 1.18%
• YTD: 3.48%
• 6M: 3.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYMU

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTMH vs. HYMU - Yearly Performance Comparison

	2026 (YTD)
FTMH Franklin Municipal High Yield ETF	0.49%
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%

Return for Risk

FTMH vs. HYMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Municipal High Yield ETF (FTMH) and BlackRock High Yield Muni Income Bond ETF (HYMU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FTMH	HYMU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	—	—

Drawdowns

FTMH vs. HYMU - Drawdown Comparison

The maximum FTMH drawdown since its inception was -3.12%, which is greater than HYMU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FTMH and HYMU.

Drawdown Indicators

	FTMH	HYMU	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	0.00%	-3.12%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.60%	0.00%	-0.60%

Volatility

Volatility by Period

	FTMH	HYMU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.01%	0.00%	+4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.01%	0.00%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.01%	0.00%	+4.01%

FTMH vs. HYMU - Expense Ratio Comparison

Both FTMH and HYMU have an expense ratio of 0.35%.

Dividends

FTMH vs. HYMU - Dividend Comparison

FTMH's dividend yield for the trailing twelve months is around 2.71%, while HYMU has not paid dividends to shareholders.

Position	TTM	2025
FTMH Franklin Municipal High Yield ETF	2.71%	0.86%
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, FTMH or HYMU?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTMH or HYMU?

FTMH and HYMU have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, FTMH or HYMU?

FTMH has the higher dividend yield at 2.71%, compared with 0.00% for HYMU.

What is the main difference between FTMH and HYMU?

They also come from different issuers: Franklin Templeton and BlackRock.