Hartford Municipal Opportunities ETF
$38.060.00 (0.00%)
- 0.29%
- $825M
- +0.6%
- 3.61%
- 216K sh
- low $36.57high $39.91
The ETF.net HMOP Grade
B
Score 70 out of 100
- 16 of 63
Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.B60 out of 100Rank 23 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 42 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 10 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 9 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 18 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 24 of 63
Our read on HMOP
In short
BMost muni ETFs buy the index and call it a day. HMOP hands the keys to Wellington: an active muni portfolio that can hold up to 35% high yield paper, roam any maturity, and pay federally tax-exempt income monthly.
Stated mandate
The fund seeks current income generally exempt from federal income tax together with long-term total return.
Why people hold it
Worth knowing
HMOP 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.
HMOP$10,064
Returns run to the Nov 2, 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 | HMOP |
|---|---|
| Year to date | +0.2% |
| 1 month | +3.3% |
| 3 months | −0.3% |
| 1 year | +0.6% |
| 3 years | +4.9% |
| 5 years | +1.2% |
| 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 | HMOP |
|---|---|---|
| 2026 YTD | +0.2% | |
| 2025 | +4.7% | |
| 2024 | +2.5% | |
| 2023 | +6.8% | |
| 2022 | −8.4% | |
| 2021 | +1.8% | |
| 2020 | +5.5% |
HMOP in the news
HMOP Dividends
- 3.61%
- $1.37
- $0.12 per share
- Monthly
HMOP Risk
- 5.4%
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.
- 0.12
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.
- −12.7%
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.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
HMOP Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$5,314
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
HMOP 0.29%
$5,952
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | HMOP | VTEB | Overpaying |
|---|---|---|---|
| 10 | $527 | $55 | $472 |
| 20 | $2,044 | $216 | $1,828 |
| 30 | $5,952 | $638 | $5,314 |
Other funds in Other Municipal Bond
- ATAXFAmerican Century Diversified Municipal Bond ETFExpense ratio 0.25%1 year return +0.6%
- AFLMIFranklin Dynamic Municipal Bond ETFExpense ratio 0.30%1 year return +0.7%
- BDFCADimensional California Municipal Bond ETFExpense ratio 0.19%1 year return +0.7%
- BPZAInvesco National AMT-Free Municipal Bond ETFExpense ratio 0.28%1 year return −1.8%
- BAVMUAvantis Core Municipal Fixed Income ETFExpense ratio 0.15%1 year return +0.6%
