PMO vs EDOW

Comparison between Putnam Municipal Opportunities Trust (PMO, ETF) and FIRST TRUST DOW 30 EQUAL WEIGHT ETF (EDOW, ETF).

5-Year PerformanceEDOW has outperformed PMO, delivering a return of +9.7% compared to -1.1%

PMO vs EDOW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PMO(ETF)	EDOW(ETF)
Net Assets	$312M	$310M
Expense Ratio	N/A	0.50%
Max Drawdown	44.44%	33.72%
Sharpe Ratio	0.98	1.32
5Y Beta	0.19	0.73
P/E Ratio	N/A	24.00
Forward P/E	N/A	20.11
PEG Ratio	N/A	0.65
5Y Dividends CAGR	-7.33%	1.83%
5Y EPS CAGR	N/A	14.25%
Debt to Equity	N/A	-4.17%
P/S Ratio	N/A	2.89
P/B Ratio	N/A	5.50

Net Assets

Winner

PMO

$312M

EDOW

$310M

Expense Ratio

PMO

N/A

EDOW

0.50%

Max Drawdown

PMO

44.44%

Winner

EDOW

33.72%

Sharpe Ratio

PMO

0.98

Winner

EDOW

1.32

5Y Beta

Winner

PMO

0.19

EDOW

0.73

P/E Ratio

PMO

N/A

EDOW

24.00

Forward P/E

PMO

N/A

EDOW

20.11

PEG Ratio

PMO

N/A

EDOW

0.65

5Y Dividends CAGR

PMO

-7.33%

Winner

EDOW

1.83%

5Y EPS CAGR

PMO

N/A

EDOW

14.25%

Debt to Equity

PMO

N/A

EDOW

-4.17%

P/S Ratio

PMO

N/A

EDOW

2.89

P/B Ratio

PMO

N/A

EDOW

5.50

PMO vs EDOW - Historical Returns

Returns include dividend reinvestment.

Period	PMO	EDOW
1 month	+2.02%	+3.51%
3 months	+1.54%	+7.02%
6 months	+3.27%	+7.55%
1 year	+12.59%	+20.91%
5 years(CAGR)	-1.06%	+9.70%
10 years(CAGR)	+2.63%	+11.41%
Max(CAGR)	+5.18%	+11.41%

PMO

+2.02%

Winner

EDOW

+3.51%

PMO

+1.54%

Winner

EDOW

+7.02%

PMO

+3.27%

Winner

EDOW

+7.55%

PMO

+12.59%

Winner

EDOW

+20.91%

5Y(CAGR)

PMO

-1.06%

Winner

EDOW

+9.70%

10Y(CAGR)

PMO

+2.63%

Winner

EDOW

+11.41%

Max(CAGR)

PMO

+5.18%

Winner

EDOW

+11.41%

PMO vs EDOW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PMO	EDOW
2026	+1.04%	+7.21%
2025	+9.91%	+15.69%
2024	+2.45%	+12.96%
2023	-3.28%	+15.33%
2022	-19.78%	-8.20%
2021	+9.37%	+19.78%
2020	+9.03%	+5.39%
2019	+21.21%	+23.96%
2018	-4.43%	-2.03%
2017	+8.53%	+11.90%
2016	+2.30%	N/A
2015	+8.40%	N/A
2014	+18.82%	N/A
2013	-14.31%	N/A
2012	+12.61%	N/A
2011	+22.64%	N/A
2010	+4.65%	N/A
2009	+34.84%	N/A
2008	-17.87%	N/A
2007	-1.05%	N/A
2006	+10.34%	N/A
2005	-0.56%	N/A
2004	+0.91%	N/A
2003	+15.65%	N/A
2002	+1.00%	N/A
2001	+3.07%	N/A
2000	+18.39%	N/A
1999	-11.15%	N/A

PMO vs EDOW Drawdown Comparison

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

The maximum drawdown for EDOW was -33.72%, occurring on Mar 23, 2020. Recovery took 193 trading sessions.

The current PMO drawdown is -12.74%.

Rank	PMO	EDOW
#1	-36.47% Dec 23, 2021 - Oct 23, 2023	-33.72% Feb 12, 2020 - Nov 16, 2020
#2	-30.16% Apr 3, 2007 - Sep 3, 2009	-21.98% Jan 4, 2022 - Dec 1, 2023
#3	-26.06% Feb 25, 2020 - Jul 17, 2020	-15.51% Feb 19, 2025 - Jun 27, 2025
#4	-22.27% Nov 30, 2012 - Jan 15, 2015	-15.49% Oct 2, 2018 - Mar 18, 2019
#5	-15.92% Oct 18, 2010 - Aug 17, 2011	-10.73% Jan 29, 2018 - Aug 27, 2018
#6	-14.04% Aug 22, 2016 - Feb 14, 2019	-8.73% Feb 6, 2026 - May 22, 2026
#7	-13.12% Apr 1, 2004 - Oct 27, 2006	-7.51% Jul 15, 2019 - Nov 1, 2019
#8	-12.90% Nov 5, 1999 - Jul 11, 2000	-6.65% Nov 8, 2021 - Dec 27, 2021
#9	-10.47% Oct 7, 2002 - May 6, 2003	-6.59% Jul 17, 2024 - Aug 29, 2024
#10	-10.09% Sep 18, 2001 - Sep 4, 2002	-6.32% Apr 23, 2019 - Jun 19, 2019
#11	-8.71% Aug 18, 2021 - Dec 20, 2021	-5.42% Dec 4, 2024 - Jan 28, 2025
#12	-7.75% Jul 7, 2003 - Dec 18, 2003	-5.05% Mar 28, 2024 - Jul 16, 2024
#13	-7.05% Aug 5, 2020 - Dec 15, 2020	-4.71% Aug 16, 2021 - Nov 2, 2021
#14	-6.52% Feb 2, 2015 - Oct 21, 2015	-4.23% Jan 21, 2021 - Feb 8, 2021
#15	-5.79% Jul 8, 2016 - Aug 17, 2016	-4.00% Nov 12, 2025 - Dec 3, 2025

Correlation

Correlation between PMO and EDOW is 0.50 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.50

-101

Dividend Comparison (2000 - 2026)

PMO vs EDOW dividend yield comparison.

Year	PMO	EDOW
2026	1.86%	0.30%
2025	4.25%	1.31%
2024	4.15%	1.65%
2023	4.64%	1.93%
2022	5.87%	1.91%
2021	4.42%	1.52%
2020	4.65%	1.84%
2019	4.85%	1.88%
2018	5.55%	1.82%
2017	5.26%	0.75%
2016	5.89%	0.00%
2015	5.81%	0.00%
2014	5.95%	0.00%
2013	6.35%	0.00%
2012	5.82%	0.00%
2011	6.48%	0.00%
2010	7.32%	0.00%
2009	6.70%	0.00%
2008	7.36%	0.00%
2007	5.10%	0.00%
2006	5.04%	0.00%
2005	6.25%	0.00%
2004	7.59%	0.00%
2003	7.25%	0.00%
2002	7.47%	0.00%
2001	7.09%	0.00%
2000	2.91%	0.00%