Putnam ETF Trust - Franklin Minnesota Municipal Income ETFFTMN
- AUM
- $289M
- Fee
- 0.36%
- Yield
- 3.3%
- Bumpy · 1Y
- 0.4×S&P
- Volume
- 312K
- NAV
- $8.60
52-week range4% below the high
$8.08$9.00
| Returns | Today | 1W | 1M | 3M | YTD | 1Y | 3Y | 5Y | Max |
|---|---|---|---|---|---|---|---|---|---|
| Total return | +0.1% | +1.2% | +5.4% | −0.8% | 0.0% | — | — | — | +0.6% |
| Peer average | +0.1% | +0.9% | +3.9% | −0.1% | +1.2% | +1.5% | +14.6% | +3.2% | — |
| S&P 500 · VOO | +2.3% | +0.1% | −3.3% | −2.1% | +11.3% | +13.6% | +81.6% | +75.4% | — |
FTMN in One Breath
FTMN Among Municipal ETFs
End-of-day Nov 10, 2026 · 141 Municipal ETFs by YTD
$10,000 in FTMN
$10,000 in FTMN became
$10,058
In the S&P 500 (VOO)
$11,171
Total return, dividends in · Nov 10, 2025 – Nov 9, 2026 · S&P 500 uses VOO
FTMN Returns by Period
Today1D
1M
3M
YTD
1Y
3Y
5Y
MAX
FTMN
+0.1%
+5.4%
−0.8%
0.0%
—
—
—
+0.6%
Peer average
+0.1%
+3.9%
−0.1%
+1.2%
+1.5%
+14.6%
+3.2%
—
S&P 500 · VOO
+2.3%
−3.3%
−2.1%
+11.3%
+13.6%
+81.6%
+75.4%
—
End-of-day Nov 10, 2026 · total return, dividends in · peers = 165 Municipal ETFs
FTMN’s Bonds & Cash Rank
YTD#544of 785
bonds & cash ETFs
bonds & cash ETFs
Best · CMDT+21.7%
Average+0.9%
FTMN0.0%
Worst · MVRL−28.0%
Bonds & Cash ETFs by YTD return · Nov 10, 2026
FTMN Price and 52-Week Range
1YFrom the 52-week high
−4.4%
From the 52-week low
+6.4%
Today $8.60 – $8.66
Previous close $8.59
52-week low$8.0852-week high$9.00
End-of-day Nov 10, 2026 · box = today’s range, dashed = previous close
FTMN’s Share of Municipal ETFs
Today0.1%
of the $247B in 166 Municipal ETFs
$289M0.1%
$55.1B22.3%
$49.6B20.1%
$142B57.5%
Municipal ETF AUM · Nov 10, 2026
FTMN Fee per $100 vs Peers
TodayExpense ratio · Municipal peers · Nov 10, 2026
Inside FTMN
221 holdingsFTMN
Putnam ETF Trust - Franklin Minnesota Municipal Income ETF
TodayFTMN reports no holdings we can show: […]
Franklin Templeton FTMN · holdings
How It Compares
FTMN
Putnam ETF Trust - Franklin Minnesota Municipal Income ETF’s Peers
TodayMunicipal peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM
Head to Head
Put FTMN head to head with MUB →MUB vs FTMN
YTDYear to date
MUB wins+0.7 pts
Past year
Level
Fee
MUB winslower fee
Yield
Level
AUM
MUB190.6× more
2–0MUB wins
iShares MUB and Franklin Templeton FTMN · year-to-date · as of Nov 10, 2026 · AUM not scored
FTMN vs VOO
YTDFTMN · Putnam ETF Trust - Franklin Minnesota Municipal Income
+0.0%
VOO · S&P 500
+11.3%
Gap
11.3 pts
Franklin Templeton FTMN and Vanguard VOO · Today total return · as of Nov 10, 2026
FTMN vs Its Peer Average
YTDFTMNAvsBPeer average
1D+0.1%+0.1%
1M+5.4%+3.9%
3M−0.8%−0.1%
YTD0.0%+1.2%
1Y[…]+1.5%
3Y[…]+14.6%
5Y[…]+3.2%
2–2level
165 Municipal peers · each row scaled to its leader
How Bumpy Is FTMN?
ViewFTMN
How Bumpy
1Y0.4×the S&P 500’s swings
CalmerBumpierS&P 1×FTMN
Bumpiest of 7 municipal fundsFTMN
Other municipal funds0.1× to 0.3×
Franklin Templeton FTMN · daily swings over the past year vs the S&P 500
FTMN
Worst Drop
1Y−8.3%from its Jul 2 high
Still below the high−2.3%
$10,000 at the high is now$9,770
Franklin Templeton FTMN · fall from the highest close, past year
FTMN
On a Bad Day
1Y0.1×the S&P 500’s fall
FTMN’s worst day: Monday, Sep 28Up days41 of every 100
S&P 500 up days52 of every 100
Franklin Templeton FTMN · average move on days the S&P 500 fell
FTMN
Return for the Bumps
1Y#2 of 7 municipal fundsEvery fund here earned less than cash (3.7%) over the past year; the bars still rank them by return for the bumps.
Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.7%
FTMN
Cost
Today$36a year per $10,000
Expense ratio 0.36%, taken from the fund’s value
FTMN
Volatility & Beta
1Y5.1%annual volatility
S&P 500 volatility13.7%
Downside volatility3.6%
Beta vs SPY0.09
Correlation vs SPY0.24
Beta rank, lowest first, of 7#7
Daily total returns × √252 · past 250 trading days
FTMN
Max Drawdown
1Y−8.3%peak to trough
Peak closeJul 2, 2026
Current drawdown−2.3%
Worst day−1.10% · Sep 28
Closing prices, dividends in
FTMN
Up / Down Capture
1Y14%down capture vs SPY
Up ÷ down capture0.92
Up days41.2% (S&P 52.0%)
Average daily move on SPY up days and down days
FTMN
Sharpe & Sortino vs Peers
1YSharpe = (return − 3.7% cash) ÷ volatility · Sortino uses downside volatility only
FTMN
Trading
Today0.00%at its holdings’ value
Close$8.60
NAV$8.60
Fee per $10,000$36 a year
Avg. volume 30D445K shares
Close vs net asset value, Nov 9
The Details
FTMN
Fund Facts
Today1989launched Oct 23
Tracks[…]
Exchange · CUSIPAMEX · 746729813
StructureETF
Leverage1x
Cost on $10,000$36 a year
Go deeper
Franklin Templeton FTMN · fund facts · as of Nov 10, 2026
FTMN
Payouts by Year
2Y$0.0263per share, Nov 2026
Distribution yield3.3%
PaidEvery month
Latest ex-date · paidNov 2 · Nov 5, 2026
12 payouts added up$0.29 a share
Franklin Templeton FTMN · distributions by ex-date · 2025–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.
Trading & Liquidity
Net asset value$8.60
Premium / discount[…]
Median spread · 30D[…]
Volume today312K
Average volume · 30D445K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.36%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$36.00
Our risk indicator2/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Nov 2, 2026 | Nov 5, 2026 | $0.0263 |
| Oct 1, 2026 | Oct 6, 2026 | $0.0261 |
| Sep 1, 2026 | Sep 4, 2026 | $0.0171 |
| Aug 3, 2026 | Aug 6, 2026 | $0.0286 |
| Jul 1, 2026 | Jul 7, 2026 | $0.0247 |
| Jun 1, 2026 | Jun 4, 2026 | $0.0233 |
| May 1, 2026 | May 6, 2026 | $0.0266 |
| Apr 1, 2026 | Apr 6, 2026 | $0.0252 |
| Mar 2, 2026 | Mar 5, 2026 | $0.0221 |
| Feb 2, 2026 | Feb 5, 2026 | $0.0212 |
| Dec 19, 2025 | Dec 24, 2025 | $0.0293 |
| Dec 1, 2025 | Dec 4, 2025 | $0.0147 |
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