FTMH vs. XMPT

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin Municipal High Yield ETF (FTMH) and VanEck CEF Municipal Income ETF (XMPT).

FTMH and XMPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTMH is an actively managed fund by Franklin Templeton. It was launched on May 22, 2018. XMPT is a passively managed fund by VanEck that tracks the performance of the S-Network Municipal Bond Closed-End Fund Index. It was launched on Jul 12, 2011.

Performance

FTMH vs. XMPT - Performance Comparison

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

FTMH vs. XMPT - Yearly Performance Comparison

	2026 (YTD)	2025
FTMH Franklin Municipal High Yield ETF	0.39%	0.11%
XMPT VanEck CEF Municipal Income ETF	-0.80%	0.53%

Returns By Period

In the year-to-date period, FTMH achieves a 0.39% return, which is significantly higher than XMPT's -0.80% return.

FTMH

• 1D: 0.26%
• 1M: -2.44%
• YTD: 0.39%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMPT

• 1D: 2.14%
• 1M: -4.42%
• YTD: -0.80%
• 6M: 1.08%
• 1Y: 5.47%
• 3Y*: 4.95%
• 5Y*: -0.99%
• 10Y*: 2.06%

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

FTMH vs. XMPT - Expense Ratio Comparison

FTMH has a 0.35% expense ratio, which is lower than XMPT's 1.97% expense ratio.

XMPT

VanEck CEF Municipal Income ETF

FTMH

Franklin Municipal High Yield ETF

Return for Risk

FTMH vs. XMPT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMPT

XMPT Risk / Return Rank: 34
XMPT Sharpe Ratio Rank: 35
XMPT Sortino Ratio Rank: 31
XMPT Omega Ratio Rank: 34
XMPT Calmar Ratio Rank: 36
XMPT Martin Ratio Rank: 31

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.

FTMH vs. XMPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Municipal High Yield ETF (FTMH) and VanEck CEF Municipal Income ETF (XMPT). 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	XMPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.65	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.11	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.40	-0.09

Correlation

The correlation between FTMH and XMPT is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FTMH vs. XMPT - Dividend Comparison

FTMH's dividend yield for the trailing twelve months is around 1.61%, less than XMPT's 5.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTMH Franklin Municipal High Yield ETF	1.61%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XMPT VanEck CEF Municipal Income ETF	5.92%	5.87%	5.35%	3.81%	5.12%	3.74%	3.79%	4.08%	5.05%	4.84%	5.35%	5.24%

Drawdowns

FTMH vs. XMPT - Drawdown Comparison

The maximum FTMH drawdown since its inception was -3.12%, smaller than the maximum XMPT drawdown of -35.24%. Use the drawdown chart below to compare losses from any high point for FTMH and XMPT.

Drawdown Indicators

	FTMH	XMPT	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	-35.24%	+32.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.24%	—
Current Drawdown Current decline from peak	-2.44%	-11.73%	+9.29%
Average Drawdown Average peak-to-trough decline	-0.58%	-8.81%	+8.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	FTMH	XMPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.88%	8.46%	-4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.88%	9.24%	-5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.88%	10.33%	-6.45%