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PHYD vs FTOH

Putnam ESG High Yield ETF vs Franklin Ohio Municipal Income ETF

PHYD

Putnam ESG High Yield ETF

Annual cost

0.55%

Fund size

$8M

FTOH

Franklin Ohio Municipal Income ETF

Annual cost

0.35%

Fund size

$74M

Key differences

Both PHYD and FTOH are fixed income ETFs. PHYD charges 0.55% a year and FTOH 0.35%. The main difference: PHYD follows a active selection strategy; FTOH uses index tracking.

  • PHYD follows a active selection strategy; FTOH uses index tracking.
  • FTOH costs 0.20% less per year.
  • FTOH is much larger than PHYD. Larger funds are usually more liquid and less likely to close.
  • FTOH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PHYDFTOH
Annual cost (TER)0.55%0.35%
Fund size (AUM)$8M$74M
Since20232018
Dividend yield8.45%3.37%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+7.7%N/A
CAGR 3Y+9.0%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.18N/A
Volatility 1Y3.36%
Max drawdown-4.33%-2.59%

Similar to PHYD and FTOH