Rockefeller Opportunistic Municipal Bond ETF
$24.12+0.01 (+0.04%)
- 0.80%
- $473M
- +0.9%
- 5.32%
- 159K sh
- low $23.13high $25.61
The ETF.net RMOP Grade
C
Score 51 out of 100
- 45 of 63
Score 51 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.F5 out of 100Rank 60 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 14 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 26 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A70 out of 100Rank 14 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 38 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 41 of 63
Our read on RMOP
In short
CNot an index tracker: RMOP is an actively run muni portfolio that leans into the high-yield end of the market, hunting mispriced bonds for monthly federally tax-exempt income. The fee is 0.80%.
Stated mandate
The Fund seeks current income exempt from federal income tax and long-term capital appreciation.
Why people hold it
Worth knowing
RMOP 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.
RMOP$10,093
Returns run to the Oct 30, 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 | RMOP |
|---|---|
| Year to date | +0.6% |
| 1 month | +3.4% |
| 3 months | −2.5% |
| 1 year | +0.9% |
| 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 | RMOP |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +3.9% | |
| 2024 | +2.6% |
RMOP in the news
RMOP Dividends
- 5.32%
- $1.28
- $0.11 per share
- Monthly
RMOP Risk
- 6.8%
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.
- −0.17
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.
- −8.1%
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.
- 0.21
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.
RMOP Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$14,708
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
RMOP 0.80%
$15,346
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | RMOP | VTEB | Overpaying |
|---|---|---|---|
| 10 | $1,422 | $55 | $1,367 |
| 20 | $5,393 | $216 | $5,177 |
| 30 | $15,346 | $638 | $14,708 |
Other funds in Other Municipal Bond
- CFTOHFranklin Ohio Municipal Income ETFExpense ratio 0.35%1 year return
- CJMSIJPMorgan Sustainable Municipal Income ETFExpense ratio 0.46%1 year return +0.1%
- CTAXMBondBloxx IR+M Tax-Aware ETF for Massachusetts ResidentsExpense ratio 0.35%1 year return −0.2%
- CSCNMSterling Capital National Municipal Bond ETFExpense ratio 0.35%1 year return
- CMINNMairs & Power Minnesota Municipal Bond ETFExpense ratio 0.25%1 year return −0.6%
