BMOPvsIROCETF Comparison
VS
BNY Mellon Municipal Opportunities ETF (BMOP) belongs to the Municipal Bonds segment. Invesco Rochester High Yield Municipal ETF (IROC) is part of the US Aggregate Bonds segment. BMOP's top 3 sector exposures are Municipal, Sovereign and Industrials. In contrast, IROC's top sector exposures are Municipal. BMOP is more expensive with a Total Expense Ratio (TER) of 0.54%, versus 0.4% for IROC. Run a side-by-side ETF comparison of BMOP and IROC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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BMOP vs IROC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BMOP IROC | -0.77%-0.98% | -3.98%-4.70% | n/a-3.20% | n/a-2.41% | n/a+11.52% | n/an/a |
| Flows | BMOP IROC | -$134M+$34M | -$123M+$67M | -+$93M | -+$142M | -+$169M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BMOP IROC | +5.18%+5.64% | n/a+3.51% | n/a+3.52% | n/an/a |
| Max drawdown | BMOP IROC | -5.91%-6.59% | n/a-7.11% | n/a-7.11% | n/an/a |
| Max drawdown duration | BMOP IROC | 92d92d | n/a102d | n/a102d | n/an/a |
Trading data
BMOP | IROC | |
Last sale 10/16/2026 at 1:30 PM | $23.73 | $48.45 |
| Previous close 10/15/2026 | $23.70 | $48.46 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
BMOP | IROC | |
|---|---|---|
| Last price | $23.73 | $48.45 |
| 1D performance | +0.13% | -0.02% |
| AuM | $1.56 B | $192.11 M |
| E/R | 0.54% | 0.4% |
Characteristics
BMOP | IROC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | BNY Mellon | Invesco |
| Benchmark | - | - |
| N° of holdings | 237 | 71 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 9, 2026 | September 12, 2022 |
| ESG | No | No |
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Exposure
Countries
BMOP
USA
42.2%
Other
57.8%
IROC
USA
40.88%
Other
59.12%
Sectors
BMOP
Municipal
41.69%
Other
58.31%
IROC
Municipal
40.88%
Other
59.12%
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Diversification
BMOP
Total weight of top 15 holdings out of 15
9.9%
IROC
Total weight of top 15 holdings out of 15
18.23%
Top 15 holdings
Data as of August 31, 2026
BMOP
US45884AF813
0.89%
California Community Choice Financing Authority, 5% 1nov2033, USD (2025F)
0.79%
US052398FE91
0.75%
US745160SG73
0.74%
US575579U623
0.67%
US57421CNT70
0.62%
University of Texas, 5% 1jul2041, USD (2023A)
0.62%
US544532LU62
0.62%
State of Washington, 5% 1aug2040, USD (2024A)
0.61%
Black Belt Energy Gas District, 5% 1may2055, USD (2024)
0.60%
US56035DHT28
0.60%
Tennergy Corp., 5% 1oct2054, USD (2024)
0.60%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.60%
US09182TLC98
0.60%
US896035DL36
0.59%
IROC
Central Plains Energy Gas Project, 5% 1sep2042, USD (2017A)
1.28%
Kentucky Public Energy Authority, 5% 1dec2033, USD (2025)
1.28%
US13013JGF75
1.25%
US37353PWV74
1.25%
US812643H643
1.24%
US121342PQ61
1.24%
City of New York, FRN 1dec2047, USD
1.24%
US686507NQ33
1.24%
Washington Suburban Sanitary District, FRN 1jun2027, USD
1.24%
US677561LA84
1.24%
Mississippi Business Finance Corp., FRN 1nov2035, USD (2010I)
1.24%
Gulf Coast Industrial Development Authority, FRN 1nov2041, USD (2012)
1.24%
US63608TBR05
1.09%
Texas, 5% 1aug2041, USD
1.07%
Massachusetts Development Finance Agency, 5% 1jan2047, USD
1.05%
Frequently asked questions about BMOP and IROC
Which ETF is bigger: BMOP or IROC?
As of October 16, 2026, BMOP holds $1.56 B in assets under management (AUM), while IROC manages $192.11 M.
What sectors do the BMOP and IROC ETFs invest in?
BMOP leans toward sectors like Municipal. Meanwhile, IROC focuses on Municipal.
What are the top holdings of the BMOP ETF and IROC ETF?
BMOP top holdings include US45884AF813, California Community Choice Financing Authority, 5% 1nov2033, USD (2025F) and US052398FE91. IROC holds in its top three: Central Plains Energy Gas Project, 5% 1sep2042, USD (2017A), Kentucky Public Energy Authority, 5% 1dec2033, USD (2025) and US13013JGF75.
Which ETF is more diversified: BMOP or IROC?
BMOP holds 667 securities with 9.9% of its assets in the top 15. IROC has 174 securities and a top 15 weight of 18.23%.
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