CEMB vs EVN

Comparison between ISHARES J.P. MORGAN EM CORPORATE BOND ETF (CEMB, ETF) and Eaton Vance Municipal Income Trust (EVN, ETF).

5-Year PerformanceCEMB has outperformed EVN, delivering a return of +2.0% compared to +0.2%

CEMB vs EVN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEMB(ETF)	EVN(ETF)
Net Assets	$431M	$431M
Expense Ratio	0.50%	N/A
Max Drawdown	25.91%	62.55%
Sharpe Ratio	1.06	0.86
5Y Beta	0.13	0.18
5Y Dividends CAGR	4.45%	3.10%

Net Assets

Winner

CEMB

$431M

EVN

$431M

Expense Ratio

CEMB

0.50%

EVN

N/A

Max Drawdown

Winner

CEMB

25.91%

EVN

62.55%

Sharpe Ratio

Winner

CEMB

1.06

EVN

0.86

5Y Beta

Winner

CEMB

0.13

EVN

0.18

5Y Dividends CAGR

Winner

CEMB

4.45%

EVN

3.10%

CEMB vs EVN - Historical Returns

Returns include dividend reinvestment.

Period	CEMB	EVN
1 month	+1.14%	+5.16%
3 months	+2.12%	+3.42%
6 months	+2.06%	+4.29%
1 year	+7.19%	+13.47%
5 years(CAGR)	+1.99%	+0.24%
10 years(CAGR)	+3.66%	+2.35%
Max(CAGR)	+3.69%	+5.88%

CEMB

+1.14%

Winner

EVN

+5.16%

CEMB

+2.12%

Winner

EVN

+3.42%

CEMB

+2.06%

Winner

EVN

+4.29%

CEMB

+7.19%

Winner

EVN

+13.47%

5Y(CAGR)

Winner

CEMB

+1.99%

EVN

+0.24%

10Y(CAGR)

Winner

CEMB

+3.66%

EVN

+2.35%

Max(CAGR)

CEMB

+3.69%

Winner

EVN

+5.88%

CEMB vs EVN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEMB	EVN
2026	+1.94%	+5.76%
2025	+8.77%	+12.50%
2024	+6.15%	+8.33%
2023	+8.26%	+3.00%
2022	-12.21%	-25.04%
2021	-0.61%	+7.73%
2020	+6.46%	+10.09%
2019	+13.74%	+15.59%
2018	-3.04%	-3.88%
2017	+6.77%	+4.85%
2016	+10.83%	-3.37%
2015	-1.70%	+9.71%
2014	+0.11%	+35.72%
2013	-5.29%	-19.33%
2012	+9.22%	+16.12%
2011	N/A	+23.98%
2010	N/A	+3.83%
2009	N/A	+56.76%
2008	N/A	-39.77%
2007	N/A	-9.13%
2006	N/A	+14.02%
2005	N/A	-1.43%
2004	N/A	+11.85%
2003	N/A	+18.50%
2002	N/A	+11.13%
2001	N/A	+19.65%
2000	N/A	+4.37%
1999	N/A	-3.08%

CEMB vs EVN Drawdown Comparison

The maximum drawdown for CEMB was -20.84%, occurring on Mar 19, 2020. Recovery took 114 trading sessions.

The maximum drawdown for EVN was -56.82%, occurring on Dec 16, 2008. Recovery took 812 trading sessions.

The current EVN drawdown is -1.33%.

Rank	CEMB	EVN
#1	-20.84% Feb 21, 2020 - Aug 4, 2020	-56.82% May 11, 2007 - Aug 2, 2010
#2	-20.49% Sep 13, 2021 - Sep 27, 2024	-32.80% Sep 21, 2021 - Oct 23, 2023
#3	-11.84% May 2, 2013 - Jun 2, 2014	-27.63% Feb 21, 2020 - Nov 19, 2020
#4	-9.58% May 11, 2015 - Apr 4, 2016	-27.40% Mar 6, 2013 - Sep 9, 2014
#5	-7.73% Jul 10, 2014 - Apr 24, 2015	-19.70% Nov 16, 1999 - Jan 3, 2001
#6	-5.60% Jan 11, 2018 - Feb 4, 2019	-18.58% Jul 11, 2016 - Aug 8, 2019
#7	-4.05% Oct 25, 2016 - Jan 9, 2017	-17.26% Sep 7, 2010 - Jul 5, 2011
#8	-3.10% Feb 28, 2025 - May 29, 2025	-14.82% Apr 1, 2004 - Aug 27, 2004
#9	-2.88% Feb 27, 2026 - Jun 1, 2026	-11.51% Sep 24, 2002 - Mar 7, 2003
#10	-2.75% May 7, 2012 - Jun 21, 2012	-11.30% Feb 3, 2015 - Nov 30, 2015
#11	-2.49% Feb 10, 2021 - Jun 15, 2021	-10.92% Jun 17, 2003 - Oct 31, 2003
#12	-2.49% May 12, 2016 - Jul 8, 2016	-9.84% Sep 5, 2001 - Oct 9, 2001
#13	-2.29% Jan 24, 2013 - Apr 5, 2013	-9.44% Jun 28, 2005 - Jul 31, 2006
#14	-2.11% Sep 27, 2024 - Feb 24, 2025	-9.33% Mar 4, 2005 - May 25, 2005
#15	-2.11% Sep 11, 2012 - Oct 16, 2012	-8.39% Jul 12, 2011 - Sep 13, 2011

Correlation

Correlation between CEMB and EVN is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2026)

CEMB vs EVN dividend yield comparison.

Year	CEMB	EVN
2026	2.12%	2.80%
2025	5.14%	5.72%
2024	5.11%	5.78%
2023	4.77%	4.80%
2022	4.29%	5.60%
2021	3.51%	4.14%
2020	3.86%	4.20%
2019	4.19%	4.46%
2018	4.66%	5.50%
2017	4.06%	5.37%
2016	4.26%	6.06%
2015	4.76%	6.46%
2014	4.23%	6.71%
2013	3.93%	8.81%
2012	2.50%	6.92%
2011	0.00%	7.76%
2010	0.00%	8.54%
2009	0.00%	7.54%
2008	0.00%	10.42%
2007	0.00%	5.76%
2006	0.00%	5.39%
2005	0.00%	7.24%
2004	0.00%	7.26%
2003	0.00%	7.19%
2002	0.00%	7.35%
2001	0.00%	5.71%
2000	0.00%	2.07%