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PMIO vs FTMA

PGIM Municipal Income Opportunities ETF vs Franklin Massachusetts Municipal Inc ETF

PMIO

PGIM Municipal Income Opportunities ETF

PGIM

Annual cost

0.25%

Fund size

$44M

FTMA

Franklin Massachusetts Municipal Inc ETF

Franklin Templeton Investments

Annual cost

0.35%

Fund size

$273M

Key differences

  • PMIO costs 0.10% less per year.
  • FTMA is significantly larger than PMIO — larger funds tend to be more liquid and less likely to close.
  • PMIO follows a active selection strategy; FTMA uses index tracking.
  • FTMA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PMIOFTMA
Annual cost (TER)0.25%0.35%
Fund size (AUM)$44M$273M
Since20242018
Dividend yield4.33%3.15%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.7%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y2.28%
Max drawdown-3.38%-2.27%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PMIO and FTMA