ETX vs FYEE

Comparison between Eaton Vance Municipal Income 2028 Term Trust (ETX, ETF) and FIDELITY YIELD ENHANCED EQUITY ETF (FYEE, ETF).

ETX vs FYEE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETX(ETF)	FYEE(ETF)
Net Assets	$199M	$199M
Expense Ratio	N/A	0.28%
Max Drawdown	32.76%	20.67%
Sharpe Ratio	0.45	1.55
5Y Beta	0.08	0.79
P/E Ratio	N/A	27.05
Forward P/E	N/A	20.17
PEG Ratio	N/A	0.33
5Y Dividends CAGR	3.62%	N/A
5Y EPS CAGR	N/A	28.21%
Debt to Equity	N/A	44.47%
P/S Ratio	N/A	3.59
P/B Ratio	N/A	5.45

Net Assets

Winner

ETX

$199M

FYEE

$199M

Expense Ratio

ETX

N/A

FYEE

0.28%

Max Drawdown

ETX

32.76%

Winner

FYEE

20.67%

Sharpe Ratio

ETX

0.45

Winner

FYEE

1.55

5Y Beta

Winner

ETX

0.08

FYEE

0.79

P/E Ratio

ETX

N/A

FYEE

27.05

Forward P/E

ETX

N/A

FYEE

20.17

PEG Ratio

ETX

N/A

FYEE

0.33

5Y Dividends CAGR

ETX

3.62%

FYEE

N/A

5Y EPS CAGR

ETX

N/A

FYEE

28.21%

Debt to Equity

ETX

N/A

FYEE

44.47%

P/S Ratio

ETX

N/A

FYEE

3.59

P/B Ratio

ETX

N/A

FYEE

5.45

ETX vs FYEE - Historical Returns

Returns include dividend reinvestment.

Period	ETX	FYEE
1 month	-0.08%	+1.89%
3 months	+1.36%	+6.34%
6 months	+1.98%	+8.39%
1 year	+8.28%	+21.06%
5 years(CAGR)	+0.45%	N/A
10 years(CAGR)	+3.20%	N/A
Max(CAGR)	+4.03%	+16.72%

ETX

-0.08%

Winner

FYEE

+1.89%

ETX

+1.36%

Winner

FYEE

+6.34%

ETX

+1.98%

Winner

FYEE

+8.39%

ETX

+8.28%

Winner

FYEE

+21.06%

5Y(CAGR)

ETX

+0.45%

FYEE

N/A

10Y(CAGR)

ETX

+3.20%

FYEE

N/A

Max(CAGR)

ETX

+4.03%

Winner

FYEE

+16.72%

ETX vs FYEE - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	ETX	FYEE
2026	+2.08%	+8.36%
2025	+11.55%	+15.89%
2024	+6.08%	+13.18%
2023	-0.69%	N/A
2022	-13.36%	N/A
2021	-4.59%	N/A
2020	+12.33%	N/A
2019	+17.34%	N/A
2018	-3.05%	N/A
2017	+9.16%	N/A
2016	+8.96%	N/A
2015	+10.25%	N/A
2014	+24.43%	N/A
2013	-24.56%	N/A

ETX vs FYEE Drawdown Comparison

The maximum drawdown for ETX was -32.09%, occurring on Aug 16, 2013. Recovery took 649 trading sessions.

The maximum drawdown for FYEE was -18.79%, occurring on Apr 8, 2025. Recovery took 136 trading sessions.

The current ETX drawdown is -1.90%. The current FYEE drawdown is -0.29%.

Rank	ETX	FYEE
#1	-32.09% May 3, 2013 - Nov 30, 2015	-18.79% Jan 27, 2025 - Aug 12, 2025
#2	-25.15% Dec 5, 2019 - Aug 3, 2020	-7.35% Feb 2, 2026 - Apr 15, 2026
#3	-24.19% Jun 29, 2021 - Oct 28, 2025	-6.88% Jul 16, 2024 - Aug 19, 2024
#4	-11.85% Aug 22, 2016 - Aug 29, 2017	-3.98% Jun 2, 2026 - Jul 6, 2026
#5	-9.62% Oct 2, 2018 - Jan 24, 2019	-3.95% Nov 12, 2025 - Nov 28, 2025
#6	-8.40% Sep 15, 2017 - Oct 2, 2018	-3.59% Apr 11, 2024 - May 9, 2024
#7	-7.93% Mar 22, 2021 - Jun 29, 2021	-3.33% Aug 30, 2024 - Sep 16, 2024
#8	-6.85% Dec 31, 2020 - Mar 22, 2021	-3.21% Dec 6, 2024 - Jan 23, 2025
#9	-6.85% Sep 9, 2020 - Nov 25, 2020	-2.56% Oct 8, 2025 - Oct 20, 2025
#10	-6.76% Sep 10, 2019 - Oct 8, 2019	-2.31% Jan 9, 2026 - Jan 27, 2026
#11	-5.69% Oct 8, 2019 - Dec 5, 2019	-1.68% Dec 10, 2025 - Dec 22, 2025
#12	-4.93% Oct 28, 2025 - May 19, 2026	-1.67% Nov 12, 2024 - Nov 26, 2024
#13	-4.14% Jul 7, 2016 - Aug 8, 2016	-1.40% Oct 18, 2024 - Nov 6, 2024
#14	-3.40% May 16, 2016 - Jun 3, 2016	-1.32% Nov 3, 2025 - Nov 10, 2025
#15	-3.09% Dec 2, 2020 - Dec 29, 2020	-1.18% Jul 15, 2026 - Jul 17, 2026

Correlation

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

0.91

-101

Dividend Comparison (2013 - 2026)

ETX vs FYEE dividend yield comparison.

Year	ETX	FYEE
2026	2.94%	5.28%
2025	5.02%	7.08%
2024	5.33%	5.45%
2023	4.15%	0.00%
2022	4.62%	0.00%
2021	3.96%	0.00%
2020	3.60%	0.00%
2019	3.88%	0.00%
2018	4.46%	0.00%
2017	4.11%	0.00%
2016	4.33%	0.00%
2015	4.59%	0.00%
2014	5.26%	0.00%
2013	3.39%	0.00%