PMO vs OBIL

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

PMO vs OBIL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

PMO

$310M

Winner

OBIL

$313M

Expense Ratio

PMO

N/A

OBIL

0.15%

Max Drawdown

PMO

44.44%

Winner

OBIL

1.54%

Sharpe Ratio

Winner

PMO

0.90

OBIL

0.14

5Y Beta

PMO

0.19

Winner

OBIL

-0.01

5Y Dividends CAGR

PMO

-7.33%

OBIL

N/A

PMO vs OBIL - Historical Returns

Returns include dividend reinvestment.

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

Winner

PMO

+1.26%

OBIL

+0.26%

PMO

-1.13%

Winner

OBIL

+0.70%

PMO

+0.93%

Winner

OBIL

+1.51%

Winner

PMO

+11.67%

OBIL

+3.77%

5Y(CAGR)

PMO

-1.40%

OBIL

N/A

10Y(CAGR)

PMO

+2.50%

OBIL

N/A

Max(CAGR)

Winner

PMO

+5.13%

OBIL

+4.37%

PMO vs OBIL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PMO	OBIL
2026	-0.39%	+1.12%
2025	+9.91%	+4.30%
2024	+2.45%	+4.94%
2023	-3.28%	+4.64%
2022	-19.78%	+0.52%
2021	+9.37%	N/A
2020	+9.03%	N/A
2019	+21.21%	N/A
2018	-4.43%	N/A
2017	+8.53%	N/A
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 OBIL 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 OBIL was -0.33%, occurring on May 26, 2023. Recovery took 33 trading sessions.

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

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

Correlation

Correlation between PMO and OBIL 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)

PMO vs OBIL dividend yield comparison.

Year	PMO	OBIL
2026	1.89%	1.46%
2025	4.25%	3.83%
2024	4.15%	4.56%
2023	4.64%	4.92%
2022	5.87%	0.52%
2021	4.42%	0.00%
2020	4.65%	0.00%
2019	4.85%	0.00%
2018	5.55%	0.00%
2017	5.26%	0.00%
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%