Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Putnam ETF Trust - Franklin Ohio Municipal Income ETF
$7.90+0.04 (+0.51%)
- 0.36%
- $76M
- 0M sh
- $7.85
- low $7.76high $8.52
The ETF.net FTOH Grade
C
Score 52 out of 100
- 47 of 63
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C41 out of 100Rank 33 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A86 out of 100Rank 36 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 35 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 46 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 54 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 38 of 63
FTOH Holdings
- Bonds
- 85
- 30%
- PGLXX
Sectors
- Municipal100.0%
FTOH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
FTOH$9,658
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTOH |
|---|---|
| Year to date | −3.4% |
| 1 month | −2.5% |
| 3 months | −5.9% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTOH |
|---|---|---|
| 2026 YTD | −3.4% | |
| 2025 | +0.2% |
FTOH in the news
FTOH Dividends
- $0.02 per share
- Monthly
Distribution data unavailable.
Distribution history
FTOH Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FTOH Cost
0.36%
FTOH0.36%
- The middle half of Other Municipal Bond funds
- Median 0.30%
37 of the 63 Other Municipal Bond funds charge less.
Other funds in Other Municipal Bond
- CFTNYFranklin New York Municipal Income ETFExpense ratio 0.37%1 year return —
- CTAXMBondBloxx IR+M Tax-Aware ETF for Massachusetts ResidentsExpense ratio 0.35%1 year return −2.7%
- CRMOPRockefeller Opportunistic Municipal Bond ETFExpense ratio 0.80%1 year return −1.9%
- CMMMANYLI MacKay Muni Allocation ETFExpense ratio 0.40%1 year return —
- CSCNMSterling Capital National Municipal Bond ETFExpense ratio 0.35%1 year return —