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Hartford Municipal Opportunities ETF

HMOPNYSE ArcaHartfordB

$38.060.00 (0.00%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: flat, 79 prints from 38.06 to 38.06. Range 37.91 to 38.10. Use the arrow keys to read each point.37.9037.9538.0010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$825M
1Y total return
+0.6%
Yield · Last 12 months
3.61%
Holdings
650
Avg volume · 30D
216K sh
52W range
low $36.57high $39.91
Launched
Filings
SEC EDGAR

The ETF.net HMOP Grade

B

Score 70 out of 100

Rank
16 of 63
Six-pillar profile for HMOP. Scores out of 100: Cost 60, Risk 64, Mission 85, Tradability 74, Holdings 73, Durability 64. Strongest: Mission (85). Weakest: Cost (60). Leans toward Mission.

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 100
    Rank 23 of 63
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A85 out of 100
    Rank 42 of 59
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 10 of 63
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A74 out of 100
    Rank 9 of 63
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A73 out of 100
    Rank 18 of 63
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 24 of 63

Our read on HMOP

ETF.net Research

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

  • Actively run by sub-adviser Wellington, with room for up to 35% in below-investment-grade munis and bonds of any maturity, corners index trackers cannot reach.sec.gov
  • Monthly income that is generally exempt from federal tax, spread across roughly 500 holdings and diversified over states and sectors.sec.gov
  • At 0.29%, it charges about what the typical muni ETF does, unusual for a fund with a live manager picking the bonds.
  • Trading since 2017 and sitting in the upper half of a crowded muni ETF field.

Worth knowing

  • Index heavyweights VTEB (0.03%) and MUB (0.05%) cost a fraction of this. The premium buys active judgment, not index tracking.
  • High yield munis and any-maturity latitude mean credit and rate exposure shift with the manager's view, not a fixed benchmark.sec.gov
  • Some of the income can be subject to the Alternative Minimum Tax.sec.gov

HMOP Performance

Launched Dec 13, 2017

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
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. HMOP $10,064. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

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.

Trailing total return for HMOP. Periods over one year show the average yearly return.
PeriodHMOP
Year to date+0.2%
1 month+3.3%
3 months−0.3%
1 year+0.6%
3 yearsper year+4.9%
5 yearsper year+1.2%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HMOP
YearReturn barHMOP
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

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
3.61%Last 12 months
Payout per share
$1.37Last 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 27, 2023 $0.07; Feb 27, 2023 $0.09; Mar 30, 2023 $0.08; Apr 27, 2023 $0.08; May 26, 2023 $0.08; Jun 29, 2023 $0.10; Jul 28, 2023 $0.08; Aug 30, 2023 $0.10; Sep 28, 2023 $0.09; Oct 27, 2023 $0.09; Nov 28, 2023 $0.10; Dec 28, 2023 $0.15; Jan 29, 2024 $0.09; Feb 27, 2024 $0.10; Mar 27, 2024 $0.09; Apr 26, 2024 $0.10; May 30, 2024 $0.11; Jun 27, 2024 $0.09; Jul 30, 2024 $0.10; Aug 29, 2024 $0.10; Sep 27, 2024 $0.09; Oct 30, 2024 $0.10; Nov 27, 2024 $0.09; Dec 31, 2024 $0.17; Jan 30, 2025 $0.09; Feb 27, 2025 $0.11; Mar 28, 2025 $0.10; Apr 29, 2025 $0.12; May 29, 2025 $0.11; Jun 27, 2025 $0.11; Jul 30, 2025 $0.11; Aug 28, 2025 $0.11; Sep 29, 2025 $0.12; Oct 30, 2025 $0.11; Nov 26, 2025 $0.10; Dec 30, 2025 $0.14; Jan 30, 2026 $0.11; Feb 27, 2026 $0.11; Mar 30, 2026 $0.11; Apr 29, 2026 $0.11; May 28, 2026 $0.11; Jun 29, 2026 $0.12; Jul 30, 2026 $0.11; Aug 28, 2026 $0.11; Sep 29, 2026 $0.12; Oct 29, 2026 $0.12. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 29, 2026Nov 2, 2026$0.12
Sep 29, 2026Oct 1, 2026$0.12
Aug 28, 2026Sep 1, 2026$0.11
Jul 30, 2026Aug 3, 2026$0.11
Jun 29, 2026Jul 1, 2026$0.12
May 28, 2026Jun 1, 2026$0.11
Apr 29, 2026May 1, 2026$0.11
Mar 30, 2026Apr 1, 2026$0.11
Feb 27, 2026Mar 3, 2026$0.11
Jan 30, 2026Feb 3, 2026$0.11
Dec 30, 2025Jan 2, 2026$0.14
Nov 26, 2025Dec 1, 2025$0.10

See all 107 payments⁠

$10,000 in HMOP 5 years ago paid $1,377 in dividends.⁠

HMOP Risk

How much the fund’s monthly returns vary, scaled to a year.
5.4%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.12
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−12.7%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.83
vs its asset-class index
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

$10,000
30 years

Cost over time

  • HMOP 0.29%
  • VTEB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530HMOP $5,952VTEB $638

Year by year

YearHMOPVTEBOverpaying
10$527$55$472
20$2,044$216$1,828
30$5,952$638$5,314

Other funds in Other Municipal Bond