TMVE vs PMO

Comparison between THRIVENT MID CAP VALUE ETF (TMVE, ETF) and Putnam Municipal Opportunities Trust (PMO, ETF).

TMVE vs PMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TMVE(ETF)	PMO(ETF)
Net Assets	$313M	$312M
Expense Ratio	0.55%	N/A
Max Drawdown	8.21%	44.44%
Sharpe Ratio	2.63	0.98
5Y Beta	0.80	0.19
P/E Ratio	35.70	N/A
Forward P/E	15.82	N/A
PEG Ratio	1.84	N/A
5Y Dividends CAGR	N/A	-7.33%
5Y EPS CAGR	7.98%	N/A
P/S Ratio	1.72	N/A
P/B Ratio	2.71	N/A

Net Assets

Winner

TMVE

$313M

PMO

$312M

Expense Ratio

TMVE

0.55%

PMO

N/A

Max Drawdown

Winner

TMVE

8.21%

PMO

44.44%

Sharpe Ratio

Winner

TMVE

2.63

PMO

0.98

5Y Beta

TMVE

0.80

Winner

PMO

0.19

P/E Ratio

TMVE

35.70

PMO

N/A

Forward P/E

TMVE

15.82

PMO

N/A

PEG Ratio

TMVE

1.84

PMO

N/A

5Y Dividends CAGR

TMVE

N/A

PMO

-7.33%

5Y EPS CAGR

TMVE

7.98%

PMO

N/A

P/S Ratio

TMVE

1.72

PMO

N/A

P/B Ratio

TMVE

2.71

PMO

N/A

TMVE vs PMO - Historical Returns

Returns include dividend reinvestment.

Period	TMVE	PMO
1 month	+6.56%	+2.02%
3 months	+14.46%	+1.54%
6 months	+17.86%	+3.27%
1 year	N/A	+12.59%
5 years(CAGR)	N/A	-1.06%
10 years(CAGR)	N/A	+2.63%
Max(CAGR)	+47.69%	+5.18%

Winner

TMVE

+6.56%

PMO

+2.02%

Winner

TMVE

+14.46%

PMO

+1.54%

Winner

TMVE

+17.86%

PMO

+3.27%

TMVE

N/A

PMO

+12.59%

5Y(CAGR)

TMVE

N/A

PMO

-1.06%

10Y(CAGR)

TMVE

N/A

PMO

+2.63%

Max(CAGR)

Winner

TMVE

+47.69%

PMO

+5.18%

TMVE vs PMO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TMVE	PMO
2026	+16.77%	+1.04%
2025	+6.04%	+9.91%
2024	N/A	+2.45%
2023	N/A	-3.28%
2022	N/A	-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%

TMVE vs PMO Drawdown Comparison

The maximum drawdown for TMVE was -8.21%, occurring on Mar 20, 2026. Recovery took 39 trading sessions.

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

The current TMVE drawdown is -0.07%. The current PMO drawdown is -12.74%.

Rank	TMVE	PMO
#1	-8.21% Feb 20, 2026 - Apr 17, 2026	-36.47% Dec 23, 2021 - Oct 23, 2023
#2	-2.71% May 6, 2026 - May 22, 2026	-30.16% Apr 3, 2007 - Sep 3, 2009
#3	-1.78% Feb 10, 2026 - Feb 20, 2026	-26.06% Feb 25, 2020 - Jul 17, 2020
#4	-1.55% Jan 15, 2026 - Jan 21, 2026	-22.27% Nov 30, 2012 - Jan 15, 2015
#5	-1.55% Dec 11, 2025 - Jan 5, 2026	-15.92% Oct 18, 2010 - Aug 17, 2011
#6	-1.53% Jan 6, 2026 - Jan 13, 2026	-14.04% Aug 22, 2016 - Feb 14, 2019
#7	-1.19% Jun 4, 2026 - Jun 11, 2026	-13.12% Apr 1, 2004 - Oct 27, 2006
#8	-1.16% Nov 18, 2025 - Nov 21, 2025	-12.90% Nov 5, 1999 - Jul 11, 2000
#9	-1.08% Feb 4, 2026 - Feb 6, 2026	-10.47% Oct 7, 2002 - May 6, 2003
#10	-0.99% May 26, 2026 - Jun 2, 2026	-10.09% Sep 18, 2001 - Sep 4, 2002
#11	-0.89% Apr 30, 2026 - May 5, 2026	-8.71% Aug 18, 2021 - Dec 20, 2021
#12	-0.83% Jan 22, 2026 - Feb 3, 2026	-7.75% Jul 7, 2003 - Dec 18, 2003
#13	-0.67% Dec 4, 2025 - Dec 10, 2025	-7.05% Aug 5, 2020 - Dec 15, 2020
#14	-0.57% Nov 28, 2025 - Dec 3, 2025	-6.52% Feb 2, 2015 - Oct 21, 2015
#15	-0.52% Apr 20, 2026 - Apr 27, 2026	-5.79% Jul 8, 2016 - Aug 17, 2016

Correlation

Correlation between TMVE and PMO is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2000 - 2026)

TMVE vs PMO dividend yield comparison.

Year	TMVE	PMO
2026	0.00%	1.86%
2025	0.12%	4.25%
2024	0.00%	4.15%
2023	0.00%	4.64%
2022	0.00%	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%