HMOP vs BIT

Comparison between HARTFORD MUNICIPAL OPPORTUNITIES ETF (HMOP, ETF) and BlackRock Multi-Sector Income Trust (BIT, ETF).

5-Year PerformanceBIT has outperformed HMOP, delivering a return of +2.3% compared to +1.3%

HMOP vs BIT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HMOP(ETF)	BIT(ETF)
Net Assets	$765M	$767M
Expense Ratio	0.29%	N/A
Max Drawdown	16.09%	53.30%
Sharpe Ratio	0.88	-0.37
5Y Beta	0.03	0.34
5Y Dividends CAGR	-7.54%	2.02%

Net Assets

HMOP

$765M

Winner

BIT

$767M

Expense Ratio

HMOP

0.29%

BIT

N/A

Max Drawdown

Winner

HMOP

16.09%

BIT

53.30%

Sharpe Ratio

Winner

HMOP

0.88

BIT

-0.37

5Y Beta

Winner

HMOP

0.03

BIT

0.34

5Y Dividends CAGR

HMOP

-7.54%

Winner

BIT

2.02%

HMOP vs BIT - Historical Returns

Returns include dividend reinvestment.

Period	HMOP	BIT
1 month	+0.45%	+0.28%
3 months	+0.55%	+1.70%
6 months	+1.67%	+1.03%
1 year	+5.98%	-0.26%
5 years(CAGR)	+1.28%	+2.32%
10 years(CAGR)	+2.69%	+7.25%
Max(CAGR)	+2.69%	+6.11%

Winner

HMOP

+0.45%

BIT

+0.28%

HMOP

+0.55%

Winner

BIT

+1.70%

Winner

HMOP

+1.67%

BIT

+1.03%

Winner

HMOP

+5.98%

BIT

-0.26%

5Y(CAGR)

HMOP

+1.28%

Winner

BIT

+2.32%

10Y(CAGR)

HMOP

+2.69%

Winner

BIT

+7.25%

Max(CAGR)

HMOP

+2.69%

Winner

BIT

+6.11%

HMOP vs BIT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	HMOP	BIT
2026	+1.29%	+0.62%
2025	+4.78%	+2.49%
2024	+2.62%	+7.07%
2023	+6.62%	+16.41%
2022	-8.27%	-14.15%
2021	+1.96%	+15.26%
2020	+5.35%	+19.14%
2019	+7.75%	+12.67%
2018	+1.57%	-7.43%
2017	+0.05%	+18.37%
2016	N/A	+17.55%
2015	N/A	+2.08%
2014	N/A	+5.67%
2013	N/A	-8.42%

HMOP vs BIT Drawdown Comparison

The maximum drawdown for HMOP was -13.12%, occurring on Oct 25, 2022. Recovery took 766 trading sessions.

The maximum drawdown for BIT was -43.56%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.

The current HMOP drawdown is -0.97%. The current BIT drawdown is -4.58%.

Rank	HMOP	BIT
#1	-13.12% Jul 19, 2021 - Aug 5, 2024	-43.56% Dec 2, 2019 - Aug 12, 2020
#2	-11.23% Mar 9, 2020 - Jul 30, 2020	-23.70% Oct 22, 2021 - Jan 25, 2024
#3	-3.71% Feb 28, 2025 - Sep 5, 2025	-20.34% Mar 25, 2013 - May 12, 2014
#4	-2.70% Feb 27, 2026 - Mar 26, 2026	-13.52% Aug 28, 2018 - Apr 1, 2019
#5	-2.35% Dec 6, 2024 - Feb 26, 2025	-10.42% Feb 14, 2025 - Jun 11, 2025
#6	-2.02% Oct 3, 2024 - Dec 4, 2024	-10.24% Apr 28, 2015 - May 9, 2016
#7	-1.95% Feb 11, 2021 - May 28, 2021	-8.97% Aug 13, 2025 - Mar 27, 2026
#8	-1.76% Jan 25, 2018 - Dec 4, 2018	-8.06% Sep 7, 2016 - Dec 29, 2016
#9	-1.59% Aug 28, 2019 - Jan 3, 2020	-7.46% Jan 9, 2018 - Aug 14, 2018
#10	-0.88% Aug 7, 2020 - Nov 17, 2020	-7.26% Aug 29, 2014 - Feb 12, 2015
#11	-0.81% Aug 5, 2024 - Sep 5, 2024	-6.62% Mar 27, 2024 - Sep 24, 2024
#12	-0.79% Dec 18, 2017 - Jan 3, 2018	-4.15% Aug 2, 2019 - Oct 14, 2019
#13	-0.69% Jan 3, 2018 - Jan 25, 2018	-4.02% Jul 9, 2014 - Aug 29, 2014
#14	-0.47% Oct 27, 2025 - Nov 10, 2025	-3.99% Oct 24, 2017 - Dec 28, 2017
#15	-0.46% Sep 17, 2025 - Oct 13, 2025	-3.86% Sep 24, 2024 - Jan 15, 2025

Correlation

Correlation between HMOP and BIT is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2013 - 2026)

HMOP vs BIT dividend yield comparison.

Year	HMOP	BIT
2026	1.41%	4.92%
2025	3.39%	11.15%
2024	3.22%	10.17%
2023	2.92%	9.89%
2022	2.12%	9.57%
2021	1.67%	8.18%
2020	5.26%	8.46%
2019	2.87%	8.84%
2018	2.27%	9.12%
2017	0.00%	8.44%
2016	0.00%	11.65%
2015	0.00%	8.66%
2014	0.00%	8.85%
2013	0.00%	6.82%