OBIL vs PMO

Comparison between F/M US TREASURY 12 MONTH BILL ETF (OBIL, ETF) and Putnam Municipal Opportunities Trust (PMO, ETF).

OBIL vs PMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OBIL(ETF)	PMO(ETF)
Net Assets	$313M	$310M
Expense Ratio	0.15%	N/A
Max Drawdown	1.54%	44.44%
Sharpe Ratio	0.14	0.90
5Y Beta	-0.01	0.19
5Y Dividends CAGR	N/A	-7.33%

Net Assets

Winner

OBIL

$313M

PMO

$310M

Expense Ratio

OBIL

0.15%

PMO

N/A

Max Drawdown

Winner

OBIL

1.54%

PMO

44.44%

Sharpe Ratio

OBIL

0.14

Winner

PMO

0.90

5Y Beta

Winner

OBIL

-0.01

PMO

0.19

5Y Dividends CAGR

OBIL

N/A

PMO

-7.33%

OBIL vs PMO - Historical Returns

Returns include dividend reinvestment.

Period	OBIL	PMO
1 month	+0.26%	+1.26%
3 months	+0.70%	-1.13%
6 months	+1.51%	+0.93%
1 year	+3.77%	+11.67%
5 years(CAGR)	N/A	-1.40%
10 years(CAGR)	N/A	+2.50%
Max(CAGR)	+4.37%	+5.13%

OBIL

+0.26%

Winner

PMO

+1.26%

Winner

OBIL

+0.70%

PMO

-1.13%

Winner

OBIL

+1.51%

PMO

+0.93%

OBIL

+3.77%

Winner

PMO

+11.67%

5Y(CAGR)

OBIL

N/A

PMO

-1.40%

10Y(CAGR)

OBIL

N/A

PMO

+2.50%

Max(CAGR)

OBIL

+4.37%

Winner

PMO

+5.13%

OBIL vs PMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OBIL	PMO
2026	+1.12%	-0.39%
2025	+4.30%	+9.91%
2024	+4.94%	+2.45%
2023	+4.64%	-3.28%
2022	+0.52%	-19.78%
2021	N/A	+9.37%
2020	N/A	+9.03%
2019	N/A	+21.21%
2018	N/A	-4.43%
2017	N/A	+8.53%
2016	N/A	+2.30%
2015	N/A	+8.40%
2014	N/A	+18.82%
2013	N/A	-14.31%
2012	N/A	+12.61%
2011	N/A	+22.64%
2010	N/A	+4.65%
2009	N/A	+34.84%
2008	N/A	-17.87%
2007	N/A	-1.05%
2006	N/A	+10.34%
2005	N/A	-0.56%
2004	N/A	+0.91%
2003	N/A	+15.65%
2002	N/A	+1.00%
2001	N/A	+3.07%
2000	N/A	+18.39%
1999	N/A	-11.15%

OBIL vs PMO Drawdown Comparison

The maximum drawdown for OBIL was -0.33%, occurring on May 26, 2023. Recovery took 33 trading sessions.

The maximum drawdown for PMO was -36.47%, occurring on Oct 23, 2023. This drawdown has not yet recovered.

The current OBIL drawdown is -0.02%. The current PMO drawdown is -13.98%.

Rank	OBIL	PMO
#1	-0.33% May 4, 2023 - Jun 22, 2023	-36.47% Dec 23, 2021 - Oct 23, 2023
#2	-0.33% Mar 17, 2023 - Mar 24, 2023	-30.16% Apr 3, 2007 - Sep 3, 2009
#3	-0.27% Apr 5, 2023 - Apr 25, 2023	-26.06% Feb 25, 2020 - Jul 17, 2020
#4	-0.24% Mar 24, 2023 - Apr 5, 2023	-22.27% Nov 30, 2012 - Jan 15, 2015
#5	-0.23% Feb 2, 2023 - Mar 2, 2023	-15.92% Oct 18, 2010 - Aug 17, 2011
#6	-0.22% Sep 24, 2024 - Oct 30, 2024	-14.04% Aug 22, 2016 - Feb 14, 2019
#7	-0.21% Mar 13, 2023 - Mar 15, 2023	-13.12% Apr 1, 2004 - Oct 27, 2006
#8	-0.20% Mar 15, 2023 - Mar 17, 2023	-12.90% Nov 5, 1999 - Jul 11, 2000
#9	-0.19% Feb 1, 2024 - Feb 28, 2024	-10.47% Oct 7, 2002 - May 6, 2003
#10	-0.17% Apr 25, 2023 - May 3, 2023	-10.09% Sep 18, 2001 - Sep 4, 2002
#11	-0.16% Mar 3, 2023 - Mar 10, 2023	-8.71% Aug 18, 2021 - Dec 20, 2021
#12	-0.14% Apr 4, 2024 - Apr 17, 2024	-7.75% Jul 7, 2003 - Dec 18, 2003
#13	-0.14% Aug 2, 2024 - Aug 13, 2024	-7.05% Aug 5, 2020 - Dec 15, 2020
#14	-0.14% Mar 10, 2026 - Mar 30, 2026	-6.52% Feb 2, 2015 - Oct 21, 2015
#15	-0.13% Jan 12, 2024 - Jan 25, 2024	-5.79% Jul 8, 2016 - Aug 17, 2016

Correlation

Correlation between OBIL and PMO is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2000 - 2026)

OBIL vs PMO dividend yield comparison.

Year	OBIL	PMO
2026	1.46%	1.89%
2025	3.83%	4.25%
2024	4.56%	4.15%
2023	4.92%	4.64%
2022	0.52%	5.87%
2021	0.00%	4.42%
2020	0.00%	4.65%
2019	0.00%	4.85%
2018	0.00%	5.55%
2017	0.00%	5.26%
2016	0.00%	5.89%
2015	0.00%	5.81%
2014	0.00%	5.95%
2013	0.00%	6.35%
2012	0.00%	5.82%
2011	0.00%	6.48%
2010	0.00%	7.32%
2009	0.00%	6.70%
2008	0.00%	7.36%
2007	0.00%	5.10%
2006	0.00%	5.04%
2005	0.00%	6.25%
2004	0.00%	7.59%
2003	0.00%	7.25%
2002	0.00%	7.47%
2001	0.00%	7.09%
2000	0.00%	2.91%