THYM vs. XMPT
THYM (T. Rowe Price High Income Municipal ETF) and XMPT (VanEck CEF Municipal Income ETF) are both High Yield Muni funds. THYM is actively managed, while XMPT is passively managed. A 0.54 correlation means they provide meaningful diversification when combined. THYM charges 0.32%/yr vs 1.97%/yr for XMPT.
Performance
THYM vs. XMPT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, THYM achieves a 3.61% return, which is significantly lower than XMPT's 4.03% return.
THYM
- 1D
- -0.21%
- 1M
- 1.68%
- YTD
- 3.61%
- 6M
- 3.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMPT
- 1D
- 0.59%
- 1M
- 3.08%
- YTD
- 4.03%
- 6M
- 5.11%
- 1Y
- 13.45%
- 3Y*
- 7.34%
- 5Y*
- -0.98%
- 10Y*
- 1.98%
THYM vs. XMPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
THYM T. Rowe Price High Income Municipal ETF | 3.61% | 0.25% |
XMPT VanEck CEF Municipal Income ETF | 4.03% | 0.79% |
Correlation
The correlation between THYM and XMPT is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | 0.54 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
THYM vs. XMPT — Risk / Return Rank
THYM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XMPT
THYM vs. XMPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price High Income Municipal ETF (THYM) 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.
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.
| THYM | XMPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.06 | — |
| Martin ratioReturn relative to average drawdown | — | 8.34 | — |
Loading charts...
Drawdowns
THYM vs. XMPT - Drawdown Comparison
The maximum THYM drawdown since its inception was -2.93%, smaller than the maximum XMPT drawdown of -35.24%. Use the drawdown chart below to compare losses from any high point for THYM and XMPT.
Loading charts...
Drawdown Indicators
| THYM | XMPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.93% | -35.24% | +32.31% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.57% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.04% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.24% | — |
Current DrawdownCurrent decline from peak | -0.24% | -7.43% | +7.19% |
Average DrawdownAverage peak-to-trough decline | -0.47% | -8.81% | +8.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.62% | — |
Volatility
THYM vs. XMPT - Volatility Comparison
Loading charts...
Volatility by Period
| THYM | XMPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.82% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 7.28% | -2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.31% | 9.37% | -5.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.31% | 10.37% | -6.06% |
THYM vs. XMPT - Expense Ratio Comparison
THYM has a 0.32% expense ratio, which is lower than XMPT's 1.97% expense ratio.
Dividends
THYM vs. XMPT - Dividend Comparison
THYM's dividend yield for the trailing twelve months is around 2.18%, less than XMPT's 6.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYM T. Rowe Price High Income Municipal ETF | 2.18% | 0.37% | 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 | 6.23% | 5.87% | 5.35% | 3.81% | 5.12% | 3.74% | 3.79% | 4.08% | 5.05% | 4.84% | 5.35% | 5.24% |
Frequently Asked Questions
THYM and XMPT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, THYM is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
THYM is cheaper with a 0.32% expense ratio, compared with 1.97% for XMPT.
XMPT has the higher dividend yield at 6.23%, compared with 2.18% for THYM.
They also come from different issuers: T. Rowe Price and VanEck. Their fees differ too: 0.32% for THYM and 1.97% for XMPT.
Find the right allocation for THYM and XMPT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer