ETX vs SVAL

Comparison between Eaton Vance Municipal Income 2028 Term Trust (ETX, ETF) and ISHARES US SMALL CAP VALUE FACTOR ETF (SVAL, ETF).

5-Year PerformanceSVAL has outperformed ETX, delivering a return of +10.0% compared to +0.5%

ETX vs SVAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETX(ETF)	SVAL(ETF)
Net Assets	$199M	$198M
Expense Ratio	N/A	0.20%
Max Drawdown	32.76%	27.97%
Sharpe Ratio	0.45	1.65
5Y Beta	0.08	0.92
P/E Ratio	N/A	19.66
Forward P/E	N/A	13.37
5Y Dividends CAGR	3.62%	24.55%
5Y EPS CAGR	N/A	3.77%
Debt to Equity	N/A	32.45%
P/S Ratio	N/A	0.86
P/B Ratio	N/A	1.44

Net Assets

Winner

ETX

$199M

SVAL

$198M

Expense Ratio

ETX

N/A

SVAL

0.20%

Max Drawdown

ETX

32.76%

Winner

SVAL

27.97%

Sharpe Ratio

ETX

0.45

Winner

SVAL

1.65

5Y Beta

Winner

ETX

0.08

SVAL

0.92

P/E Ratio

ETX

N/A

SVAL

19.66

Forward P/E

ETX

N/A

SVAL

13.37

5Y Dividends CAGR

ETX

3.62%

Winner

SVAL

24.55%

5Y EPS CAGR

ETX

N/A

SVAL

3.77%

Debt to Equity

ETX

N/A

SVAL

32.45%

P/S Ratio

ETX

N/A

SVAL

0.86

P/B Ratio

ETX

N/A

SVAL

1.44

ETX vs SVAL - Historical Returns

Returns include dividend reinvestment.

Period	ETX	SVAL
1 month	-0.08%	+4.73%
3 months	+1.36%	+10.53%
6 months	+1.98%	+15.08%
1 year	+8.28%	+36.05%
5 years(CAGR)	+0.45%	+9.97%
10 years(CAGR)	+3.20%	N/A
Max(CAGR)	+4.03%	+17.35%

ETX

-0.08%

Winner

SVAL

+4.73%

ETX

+1.36%

Winner

SVAL

+10.53%

ETX

+1.98%

Winner

SVAL

+15.08%

ETX

+8.28%

Winner

SVAL

+36.05%

5Y(CAGR)

ETX

+0.45%

Winner

SVAL

+9.97%

10Y(CAGR)

ETX

+3.20%

SVAL

N/A

Max(CAGR)

ETX

+4.03%

Winner

SVAL

+17.35%

ETX vs SVAL - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	ETX	SVAL
2026	+2.08%	+24.51%
2025	+11.55%	+9.24%
2024	+6.08%	+7.72%
2023	-0.69%	+12.71%
2022	-13.36%	-11.05%
2021	-4.59%	+34.68%
2020	+12.33%	+27.93%
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 SVAL Drawdown Comparison

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

The maximum drawdown for SVAL was -27.44%, occurring on Apr 8, 2025. Recovery took 277 trading sessions.

The current ETX drawdown is -1.90%. The current SVAL drawdown is -0.70%.

Rank	ETX	SVAL
#1	-32.09% May 3, 2013 - Nov 30, 2015	-27.44% Nov 25, 2024 - Jan 6, 2026
#2	-25.15% Dec 5, 2019 - Aug 3, 2020	-25.26% Nov 11, 2021 - Jul 15, 2024
#3	-24.19% Jun 29, 2021 - Oct 28, 2025	-13.52% Jun 8, 2021 - Nov 3, 2021
#4	-11.85% Aug 22, 2016 - Aug 29, 2017	-11.04% Jul 26, 2024 - Nov 6, 2024
#5	-9.62% Oct 2, 2018 - Jan 24, 2019	-8.94% Feb 20, 2026 - Apr 14, 2026
#6	-8.40% Sep 15, 2017 - Oct 2, 2018	-8.93% Mar 12, 2021 - May 7, 2021
#7	-7.93% Mar 22, 2021 - Jun 29, 2021	-6.75% Jan 14, 2021 - Feb 5, 2021
#8	-6.85% Dec 31, 2020 - Mar 22, 2021	-5.72% Nov 24, 2020 - Dec 4, 2020
#9	-6.85% Sep 9, 2020 - Nov 25, 2020	-5.08% May 7, 2021 - Jun 1, 2021
#10	-6.76% Sep 10, 2019 - Oct 8, 2019	-3.94% Nov 3, 2020 - Nov 9, 2020
#11	-5.69% Oct 8, 2019 - Dec 5, 2019	-3.69% Feb 24, 2021 - Mar 5, 2021
#12	-4.93% Oct 28, 2025 - May 19, 2026	-3.61% Nov 10, 2020 - Nov 16, 2020
#13	-4.14% Jul 7, 2016 - Aug 8, 2016	-3.51% Nov 11, 2024 - Nov 25, 2024
#14	-3.40% May 16, 2016 - Jun 3, 2016	-2.94% May 8, 2026 - May 22, 2026
#15	-3.09% Dec 2, 2020 - Dec 29, 2020	-2.74% Jun 12, 2026 - Jun 25, 2026

Correlation

Correlation between ETX and SVAL is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53

-101

Dividend Comparison (2013 - 2026)

ETX vs SVAL dividend yield comparison.

Year	ETX	SVAL
2026	2.94%	0.60%
2025	5.02%	2.33%
2024	5.33%	1.82%
2023	4.15%	2.25%
2022	4.62%	2.09%
2021	3.96%	2.33%
2020	3.60%	0.28%
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%