FTOH vs. OILT

Last updated Aug 1, 2026

FTOH (Franklin Ohio Municipal Income ETF) and OILT (Texas Capital Texas Oil Index ETF) are both exchange-traded funds - FTOH is a Municipal Bonds fund tracking the Actively Managed, while OILT is a Energy Equities fund tracking the Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. Both are passively managed. Their -0.21 correlation means they have often moved in opposite directions in the past. Both charge a 0.35% expense ratio.

Performance

FTOH vs. OILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Ohio Municipal Income ETF (FTOH) and Texas Capital Texas Oil Index ETF (OILT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTOH achieves a 1.28% return, which is significantly lower than OILT's 34.17% return.

FTOH

• 1D: -0.24%
• 1M: -1.54%
• 6M: 0.79%
• YTD: 1.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

OILT

• 1D: 1.52%
• 1M: 12.96%
• 6M: 20.92%
• YTD: 34.17%
• 1Y: 41.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.92%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTOH Franklin Ohio Municipal Income ETF	$275.54K	$320.00K	$312.80K
OILT Texas Capital Texas Oil Index ETF	$81.32K	$66.65K	$96.97K

FTOH vs. OILT - Yearly Performance Comparison

	2026 (YTD)	2025
FTOH Franklin Ohio Municipal Income ETF	1.28%	0.08%
OILT Texas Capital Texas Oil Index ETF	34.17%	3.32%

Correlation

The correlation between FTOH and OILT is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 10, 2025	-0.21

Return for Risk

FTOH vs. OILT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTOH

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

OILT

OILT Risk / Return Rank: 50
OILT Sharpe Ratio Rank: 55
OILT Sortino Ratio Rank: 52
OILT Omega Ratio Rank: 49
OILT Calmar Ratio Rank: 51
OILT Martin Ratio Rank: 43

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTOH vs. OILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Ohio Municipal Income ETF (FTOH) and Texas Capital Texas Oil Index ETF (OILT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTOH	OILT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.35	—
Sortino ratio: Return per unit of downside risk	—	1.86	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.83	—
Martin ratio: Return relative to average drawdown	—	4.74	—

Drawdowns

FTOH vs. OILT - Drawdown Comparison

The maximum FTOH drawdown since its inception was -2.59%, smaller than the maximum OILT drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for FTOH and OILT.

Drawdown Indicators

	FTOH	OILT	Difference
Max Drawdown Largest peak-to-trough decline	-2.59%	-35.21%	+32.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.72%	—
Current Drawdown Current decline from peak	-1.71%	-9.45%	+7.74%
Average Drawdown Average peak-to-trough decline	-0.55%	-13.02%	+12.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.97%	—

Volatility

Volatility by Period

	FTOH	OILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.48%	28.10%	-24.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.48%	28.73%	-25.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.48%	28.73%	-25.25%

FTOH vs. OILT - Expense Ratio Comparison

Both FTOH and OILT have an expense ratio of 0.35%.

Dividends

FTOH vs. OILT - Dividend Comparison

FTOH's dividend yield for the trailing twelve months is around 2.57%, which matches OILT's 2.55% yield.

Position	TTM	2025	2024
FTOH Franklin Ohio Municipal Income ETF	2.57%	0.56%	0.00%
OILT Texas Capital Texas Oil Index ETF	2.55%	3.12%	2.63%

Frequently Asked Questions

Can I hold both FTOH and OILT in my portfolio?

FTOH and OILT have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTOH or OILT?

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, FTOH or OILT?

FTOH and OILT have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, FTOH or OILT?

FTOH has the higher dividend yield at 2.57%, compared with 2.55% for OILT.

What is the main difference between FTOH and OILT?

FTOH is categorized as Municipal Bonds, while OILT is Energy Equities. FTOH tracks Actively Managed, while OILT tracks Alerian Texas Weighted Oil and Gas Index - Benchmark TR Gross. They also come from different issuers: Franklin Templeton and Texas Capital.