FTMU vs GRPM

Comparison between Franklin Municipal Income ETF (FTMU, ETF) and INVESCO S&P MIDCAP 400 GARP ETF (GRPM, ETF).

FTMU vs GRPM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTMU(ETF)	GRPM(ETF)
Net Assets	$481M	$482M
Expense Ratio	0.30%	0.35%
Max Drawdown	3.38%	44.49%
Sharpe Ratio	0.14	1.09
5Y Beta	0.08	1.02
P/E Ratio	N/A	15.57
Forward P/E	N/A	13.47
5Y Dividends CAGR	N/A	7.74%
5Y EPS CAGR	N/A	24.35%
Debt to Equity	N/A	69.20%
P/S Ratio	N/A	2.21
P/B Ratio	N/A	2.33

Net Assets

FTMU

$481M

Winner

GRPM

$482M

Expense Ratio

Winner

FTMU

0.30%

GRPM

0.35%

Max Drawdown

Winner

FTMU

3.38%

GRPM

44.49%

Sharpe Ratio

FTMU

0.14

Winner

GRPM

1.09

5Y Beta

Winner

FTMU

0.08

GRPM

1.02

P/E Ratio

FTMU

N/A

GRPM

15.57

Forward P/E

FTMU

N/A

GRPM

13.47

5Y Dividends CAGR

FTMU

N/A

GRPM

7.74%

5Y EPS CAGR

FTMU

N/A

GRPM

24.35%

Debt to Equity

FTMU

N/A

GRPM

69.20%

P/S Ratio

FTMU

N/A

GRPM

2.21

P/B Ratio

FTMU

N/A

GRPM

2.33

FTMU vs GRPM - Historical Returns

Returns include dividend reinvestment.

Period	FTMU	GRPM
1 month	+0.82%	+0.41%
3 months	+0.83%	+5.58%
6 months	+2.93%	+5.82%
1 year	N/A	+22.78%
5 years(CAGR)	N/A	+7.51%
10 years(CAGR)	N/A	+10.81%
Max(CAGR)	+4.14%	+11.17%

Winner

FTMU

+0.82%

GRPM

+0.41%

FTMU

+0.83%

Winner

GRPM

+5.58%

FTMU

+2.93%

Winner

GRPM

+5.82%

FTMU

N/A

GRPM

+22.78%

5Y(CAGR)

FTMU

N/A

GRPM

+7.51%

10Y(CAGR)

FTMU

N/A

GRPM

+10.81%

Max(CAGR)

FTMU

+4.14%

Winner

GRPM

+11.17%

FTMU vs GRPM - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FTMU	GRPM
2026	+2.37%	+5.90%
2025	-0.02%	+7.59%
2024	N/A	+15.97%
2023	N/A	+19.10%
2022	N/A	-12.25%
2021	N/A	+28.26%
2020	N/A	+15.70%
2019	N/A	+22.87%
2018	N/A	-13.16%
2017	N/A	+12.36%
2016	N/A	+24.01%
2015	N/A	-5.19%
2014	N/A	+11.15%
2013	N/A	+31.83%
2012	N/A	+14.71%
2011	N/A	-0.93%
2010	N/A	+3.53%

FTMU vs GRPM Drawdown Comparison

The maximum drawdown for FTMU was -3.06%, occurring on Mar 24, 2026. Recovery took 66 trading sessions.

The maximum drawdown for GRPM was -43.11%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.

The current FTMU drawdown is -0.26%. The current GRPM drawdown is -1.69%.

Rank	FTMU	GRPM
#1	-3.06% Feb 27, 2026 - Jun 3, 2026	-43.11% Jan 16, 2020 - Nov 9, 2020
#2	-0.87% Oct 27, 2025 - Dec 30, 2025	-28.10% Nov 25, 2024 - Jan 22, 2026
#3	-0.44% Jan 14, 2026 - Feb 3, 2026	-25.45% Jul 7, 2011 - Mar 16, 2012
#4	-0.26% Jun 4, 2026 - Jun 5, 2026	-23.83% Sep 20, 2018 - Jan 16, 2020
#5	-0.19% Jan 7, 2026 - Jan 14, 2026	-23.01% Nov 5, 2021 - Dec 14, 2023
#6	-0.13% Feb 10, 2026 - Feb 12, 2026	-21.51% May 21, 2015 - Jul 26, 2016
#7	-0.13% Feb 17, 2026 - Feb 23, 2026	-12.22% Mar 19, 2012 - Sep 12, 2012
#8	-0.06% Dec 30, 2025 - Jan 2, 2026	-11.13% Jul 16, 2024 - Nov 11, 2024
#9	N/A	-10.57% Sep 5, 2014 - Nov 21, 2014
#10	N/A	-9.74% Jan 23, 2018 - Jun 6, 2018
#11	N/A	-8.07% Jun 8, 2021 - Oct 20, 2021
#12	N/A	-7.54% Feb 9, 2026 - Apr 17, 2026
#13	N/A	-7.51% Apr 29, 2011 - Jul 7, 2011
#14	N/A	-7.46% Sep 14, 2012 - Dec 18, 2012
#15	N/A	-6.89% Mar 28, 2024 - Jul 15, 2024

Correlation

Correlation between FTMU and GRPM is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2010 - 2026)

FTMU vs GRPM dividend yield comparison.

Year	FTMU	GRPM
2026	1.65%	0.17%
2025	0.75%	1.19%
2024	0.00%	0.95%
2023	0.00%	0.96%
2022	0.00%	1.28%
2021	0.00%	0.92%
2020	0.00%	1.16%
2019	0.00%	1.25%
2018	0.00%	1.50%
2017	0.00%	1.14%
2016	0.00%	1.00%
2015	0.00%	1.43%
2014	0.00%	1.28%
2013	0.00%	1.80%
2012	0.00%	1.58%
2011	0.00%	0.97%
2010	0.00%	0.10%