EIM vs PCQ

Comparison between Eaton Vance Municipal Bond Fund (EIM, ETF) and Pimco California Municipal Income Fund (PCQ, ETF).

5-Year PerformanceEIM has outperformed PCQ, delivering a return of -2.0% compared to -10.3%

EIM vs PCQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EIM(ETF)	PCQ(ETF)
Net Assets	$543M	$544M
Max Drawdown	56.59%	60.60%
Sharpe Ratio	0.27	0.93
5Y Beta	0.14	0.15
5Y Dividends CAGR	2.10%	-11.37%

Net Assets

EIM

$543M

Winner

PCQ

$544M

Max Drawdown

Winner

EIM

56.59%

PCQ

60.60%

Sharpe Ratio

EIM

0.27

Winner

PCQ

0.93

5Y Beta

Winner

EIM

0.14

PCQ

0.15

5Y Dividends CAGR

Winner

EIM

2.10%

PCQ

-11.37%

EIM vs PCQ - Historical Returns

Returns include dividend reinvestment.

Period	EIM	PCQ
1 month	+0.94%	+2.17%
3 months	+0.52%	+1.81%
6 months	-0.98%	-1.92%
1 year	+4.29%	+10.73%
5 years(CAGR)	-2.00%	-10.32%
10 years(CAGR)	+1.29%	-1.90%
Max(CAGR)	+4.30%	+3.70%

EIM

+0.94%

Winner

PCQ

+2.17%

EIM

+0.52%

Winner

PCQ

+1.81%

Winner

EIM

-0.98%

PCQ

-1.92%

EIM

+4.29%

Winner

PCQ

+10.73%

5Y(CAGR)

Winner

EIM

-2.00%

PCQ

-10.32%

10Y(CAGR)

Winner

EIM

+1.29%

PCQ

-1.90%

Max(CAGR)

Winner

EIM

+4.30%

PCQ

+3.70%

EIM vs PCQ - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	EIM	PCQ
2026	+3.24%	+2.82%
2025	-0.67%	+0.17%
2024	+8.21%	+1.28%
2023	+3.26%	-36.42%
2022	-19.82%	-15.26%
2021	+4.58%	+7.87%
2020	+10.73%	-6.19%
2019	+17.96%	+26.15%
2018	-5.45%	-1.10%
2017	+6.28%	+16.44%
2016	+0.62%	+5.62%
2015	+7.23%	+6.94%
2014	+21.23%	+26.59%
2013	-15.89%	-14.10%
2012	+17.58%	+25.62%
2011	+20.30%	+18.97%
2010	-1.71%	+6.14%
2009	+42.16%	+45.10%
2008	-34.49%	-41.29%
2007	-4.87%	-3.73%
2006	+13.91%	+16.83%
2005	+23.19%	+24.28%
2004	+4.61%	+8.38%
2003	+9.41%	+0.07%
2002	-8.99%	+2.59%
2001	N/A	+0.78%

EIM vs PCQ Drawdown Comparison

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

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

The current EIM drawdown is -10.27%. The current PCQ drawdown is -45.14%.

Rank	EIM	PCQ
#1	-52.49% Jan 14, 2008 - May 27, 2010	-56.28% May 11, 2007 - Sep 9, 2010
#2	-31.68% Sep 15, 2021 - Oct 25, 2023	-54.86% Nov 12, 2021 - Oct 6, 2023
#3	-26.00% Dec 6, 2012 - Jan 28, 2015	-37.82% Dec 9, 2019 - Jul 15, 2021
#4	-24.04% Feb 25, 2020 - Jul 21, 2020	-22.43% Jan 23, 2013 - Nov 20, 2014
#5	-23.12% Oct 4, 2010 - Dec 27, 2011	-17.69% Oct 15, 2010 - Sep 29, 2011
#6	-15.00% Jul 8, 2016 - May 13, 2019	-17.09% Dec 11, 2017 - Jul 9, 2018
#7	-14.38% Mar 18, 2004 - Oct 19, 2004	-14.13% Aug 13, 2018 - Jan 28, 2019
#8	-12.21% Sep 5, 2002 - May 13, 2003	-13.13% Sep 8, 2016 - May 8, 2017
#9	-11.75% May 3, 2007 - Jan 11, 2008	-12.06% Jun 13, 2003 - Apr 1, 2004
#10	-10.50% Jun 19, 2003 - Jan 12, 2004	-11.35% Feb 2, 2015 - Oct 20, 2015
#11	-8.57% Dec 29, 2005 - Aug 17, 2006	-10.17% Jul 11, 2012 - Nov 28, 2012
#12	-7.84% Jan 30, 2015 - Oct 20, 2015	-9.02% Jan 30, 2012 - Apr 24, 2012
#13	-7.62% Feb 14, 2005 - May 4, 2005	-8.76% Apr 1, 2004 - Aug 6, 2004
#14	-7.30% Mar 5, 2012 - May 9, 2012	-8.05% Sep 13, 2002 - May 22, 2003
#15	-4.71% Oct 19, 2004 - Jan 13, 2005	-7.19% Aug 16, 2001 - Aug 6, 2002

Correlation

Correlation between EIM and PCQ is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2001 - 2026)

EIM vs PCQ dividend yield comparison.

Year	EIM	PCQ
2026	4.23%	3.31%
2025	6.27%	4.95%
2024	5.65%	4.78%
2023	4.07%	4.64%
2022	4.87%	5.29%
2021	4.38%	4.20%
2020	4.29%	4.39%
2019	4.00%	4.65%
2018	4.98%	5.72%
2017	5.48%	5.35%
2016	5.64%	5.89%
2015	5.90%	5.89%
2014	5.97%	5.90%
2013	6.78%	7.10%
2012	5.56%	5.80%
2011	7.15%	6.87%
2010	7.96%	7.45%
2009	6.74%	7.46%
2008	8.76%	10.68%
2007	6.80%	5.95%
2006	7.10%	5.25%
2005	10.57%	5.83%
2004	6.92%	6.83%
2003	6.59%	6.90%
2002	1.69%	6.45%
2001	0.00%	2.53%