EIM vs IQI

Comparison between Eaton Vance Municipal Bond Fund (EIM, ETF) and Invesco Quality Municipal Income Trust (IQI, ETF).

5-Year PerformanceIQI has outperformed EIM, delivering a return of +0.3% compared to -1.5%

EIM vs IQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EIM(ETF)	IQI(ETF)
Net Assets	$543M	$541M
Max Drawdown	56.59%	55.16%
Sharpe Ratio	0.63	1.53
5Y Beta	0.13	0.23
5Y Dividends CAGR	2.10%	4.12%

Net Assets

Winner

EIM

$543M

IQI

$541M

Max Drawdown

EIM

56.59%

Winner

IQI

55.16%

Sharpe Ratio

EIM

0.63

Winner

IQI

1.53

5Y Beta

Winner

EIM

0.13

IQI

0.23

5Y Dividends CAGR

EIM

2.10%

Winner

IQI

4.12%

EIM vs IQI - Historical Returns

Returns include dividend reinvestment.

Period	EIM	IQI
1 month	+0.82%	+1.32%
3 months	+0.43%	+3.65%
6 months	+2.92%	+4.03%
1 year	+9.97%	+18.85%
5 years(CAGR)	-1.49%	+0.31%
10 years(CAGR)	+1.43%	+2.59%
Max(CAGR)	+4.36%	+5.36%

EIM

+0.82%

Winner

IQI

+1.32%

EIM

+0.43%

Winner

IQI

+3.65%

EIM

+2.92%

Winner

IQI

+4.03%

EIM

+9.97%

Winner

IQI

+18.85%

5Y(CAGR)

EIM

-1.49%

Winner

IQI

+0.31%

10Y(CAGR)

EIM

+1.43%

Winner

IQI

+2.59%

Max(CAGR)

EIM

+4.36%

Winner

IQI

+5.36%

EIM vs IQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EIM	IQI
2026	+4.30%	+5.73%
2025	-0.67%	+8.56%
2024	+8.21%	+9.98%
2023	+3.26%	+4.31%
2022	-19.82%	-27.10%
2021	+4.58%	+9.25%
2020	+10.73%	+8.86%
2019	+17.96%	+15.59%
2018	-5.45%	-4.47%
2017	+6.28%	+6.13%
2016	+0.62%	+2.85%
2015	+7.23%	+8.13%
2014	+21.23%	+19.39%
2013	-15.89%	-14.68%
2012	+17.58%	+7.81%
2011	+20.30%	+19.74%
2010	-1.71%	+8.35%
2009	+42.16%	+33.00%
2008	-34.49%	-20.84%
2007	-4.87%	-8.00%
2006	+13.91%	+10.77%
2005	+23.19%	+10.91%
2004	+4.61%	+1.23%
2003	+9.41%	+11.68%
2002	-8.99%	+7.07%
2001	N/A	+9.01%
2000	N/A	+16.17%
1999	N/A	-6.11%

EIM vs IQI Drawdown Comparison

The maximum drawdown for EIM was -52.49%, occurring on Dec 15, 2008. Recovery took 597 trading sessions.

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The current EIM drawdown is -9.34%. The current IQI drawdown is -2.14%.

Rank	EIM	IQI
#1	-52.49% Jan 14, 2008 - May 27, 2010	-50.21% May 7, 2007 - Feb 3, 2010
#2	-31.68% Sep 15, 2021 - Oct 25, 2023	-35.34% Jul 29, 2021 - Jul 14, 2026
#3	-26.00% Dec 6, 2012 - Jan 28, 2015	-26.28% Mar 4, 2020 - Nov 24, 2020
#4	-24.04% Feb 25, 2020 - Jul 21, 2020	-22.85% Jul 25, 2012 - Jan 13, 2015
#5	-23.12% Oct 4, 2010 - Dec 27, 2011	-18.18% Sep 30, 2010 - Oct 28, 2011
#6	-15.00% Jul 8, 2016 - May 13, 2019	-13.33% Aug 18, 2016 - Apr 10, 2019
#7	-14.38% Mar 18, 2004 - Oct 19, 2004	-11.24% Mar 23, 2004 - Feb 4, 2005
#8	-12.21% Sep 5, 2002 - May 13, 2003	-10.07% Jun 17, 2003 - Jan 15, 2004
#9	-11.75% May 3, 2007 - Jan 11, 2008	-9.68% Nov 5, 1999 - Feb 3, 2000
#10	-10.50% Jun 19, 2003 - Jan 12, 2004	-9.35% Feb 2, 2015 - Dec 1, 2015
#11	-8.57% Dec 29, 2005 - Aug 17, 2006	-8.54% Sep 12, 2000 - Jan 2, 2001
#12	-7.84% Jan 30, 2015 - Oct 20, 2015	-7.40% Mar 1, 2012 - Jun 11, 2012
#13	-7.62% Feb 14, 2005 - May 4, 2005	-7.23% Oct 2, 2002 - Feb 27, 2003
#14	-7.30% Mar 5, 2012 - May 9, 2012	-7.19% Feb 4, 2002 - Jul 10, 2002
#15	-4.71% Oct 19, 2004 - Jan 13, 2005	-7.14% Feb 8, 2000 - Jul 18, 2000

Correlation

Correlation between EIM and IQI is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2000 - 2026)

EIM vs IQI dividend yield comparison.

Year	EIM	IQI
2026	3.64%	4.39%
2025	6.27%	7.60%
2024	5.65%	6.48%
2023	4.07%	4.70%
2022	4.87%	5.82%
2021	4.38%	4.53%
2020	4.29%	4.61%
2019	4.00%	4.88%
2018	4.98%	6.04%
2017	5.48%	5.33%
2016	5.64%	6.15%
2015	5.90%	6.08%
2014	5.97%	6.24%
2013	6.78%	7.39%
2012	5.56%	6.43%
2011	7.15%	6.46%
2010	7.96%	6.96%
2009	6.74%	6.59%
2008	8.76%	7.30%
2007	6.80%	5.66%
2006	7.10%	6.73%
2005	10.57%	7.70%
2004	6.92%	6.33%
2003	6.59%	8.51%
2002	1.69%	8.43%
2001	0.00%	8.85%
2000	0.00%	2.65%