FTMNvsCLOAETF Comparison
VS
Franklin Minnesota Municipal Income ETF (FTMN) and iShares AAA CLO Active ETF (CLOA) have similar underlying exposures to countries and sectors. FTMN's top 1 sector exposures are Municipal. In contrast, CLOA's top sector exposures are Industrials and Non-Corporate. FTMN is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.2% for CLOA. FTMN is down -5.34% year-to-date (YTD) with +$111M in YTD flows. CLOA performs better with 3.72% YTD performance, and +$1.39B in YTD flows. Run a side-by-side ETF comparison of FTMN and CLOA 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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FTMN vs CLOA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTMN CLOA | -1.05%+0.29% | -5.85%+1.18% | -5.34%+3.72% | n/a+4.99% | n/a+19.90% | n/an/a |
| Flows | FTMN CLOA | -$3M+$492M | +$85M+$627M | +$111M+$1.39B | -+$1.38B | -+$2.72B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTMN CLOA | +6.54%+0.26% | n/a+0.45% | n/a+0.59% | n/an/a |
| Max drawdown | FTMN CLOA | -8.44%-0.07% | n/a-0.07% | n/a-0.75% | n/an/a |
| Max drawdown duration | FTMN CLOA | 92d4d | n/a4d | n/a21d | n/an/a |
Trading data
FTMN | CLOA | |
Last sale 10/16/2026 at 1:30 PM | $8.32 | $51.85 |
| Previous close 10/15/2026 | $8.33 | $51.83 |
| 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
FTMN | CLOA | |
|---|---|---|
| Last price | $8.32 | $51.85 |
| 1D performance | -0.12% | +0.04% |
| AuM | $268.97 M | $2.77 B |
| E/R | 0.35% | 0.2% |
Characteristics
FTMN | CLOA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Franklin Templeton | iShares |
| Benchmark | - | - |
| N° of holdings | 27 | 60 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 10, 2025 | January 10, 2023 |
| ESG | No | No |
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Exposure
Countries
FTMN
USA
16.65%
Other
83.35%
CLOA
USA
17.11%
Other
82.89%
Sectors
FTMN
Municipal
16.65%
Other
83.35%
CLOA
Industrials
16.17%
Other
83.83%
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Diversification
FTMN
Total weight of top 15 holdings out of 15
26.36%
CLOA
Total weight of top 15 holdings out of 15
12.89%
Top 15 holdings
Data as of August 31, 2026
FTMN
Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A)
2.35%
St. Cloud, 5% 1may2054, USD (2024)
2.33%
US771614UR33
2.16%
US946813ZB17
2.10%
US771614UQ59
1.81%
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
1.79%
US60416JDA51
1.69%
US60412AN585
1.66%
US60375BLR59
1.63%
US60375BLS33
1.62%
US573259CR76
1.57%
Minneapolis, 4% 15nov2040, USD
1.54%
US60412PFX33
1.45%
US604140XU23
1.36%
US946813ZA34
1.31%
CLOA
BlackRock Cash Funds - Treasury
0.93%
US48257WAA62
0.89%
US67126BAA17
0.89%
AB BSL CLO 2025-7A, FRN 17jan2039, USD (ABS, A1)
0.89%
US87268VAA35
0.89%
US29003NAJ46
0.89%
US04018XAN93
0.89%
Bain Capital Credit CLO 2024-1A, FRN 18apr2039, USD (ABS, A1R)
0.89%
US83011VAL80
0.89%
US488934AA89
0.88%
US64754YAA73
0.84%
US143111AY87
0.82%
SONA US CLO 2026-2A, FRN 22jul2039, USD (ABS, A1)
0.80%
US64134JAL70
0.77%
US149791BG90
0.72%
Frequently asked questions about FTMN and CLOA
How have the FTMN and CLOA ETFs performed in 2026?
As of October 15, 2026, FTMN is down -5.34% year-to-date (YTD), while CLOA has returned 3.72%. That puts CLOA better performer ahead so far this year.
Which ETF is attracting more investor money: FTMN or CLOA?
Year-to-date, the FTMN ETF saw +$111M in flows, compared to +$1.39B for CLOA.
Which ETF is bigger: FTMN or CLOA?
As of October 15, 2026, FTMN holds $268.97 M in assets under management (AUM), while CLOA manages $2.77 B.
What sectors do the FTMN and CLOA ETFs invest in?
FTMN leans toward sectors like Municipal. Meanwhile, CLOA focuses on Industrials.
What are the top holdings of the FTMN ETF and CLOA ETF?
FTMN top holdings include Minnesota Municipal Gas Energy, 5% 1sep2035, USD (2026A), St. Cloud, 5% 1may2054, USD (2024) and US771614UR33. CLOA holds in its top three: BlackRock Cash Funds - Treasury, US48257WAA62 and US67126BAA17.
Which ETF is more diversified: FTMN or CLOA?
FTMN holds 216 securities with 26.36% of its assets in the top 15. CLOA has 426 securities and a top 15 weight of 12.89%.
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Latest news about FTMN & CLOA
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