EVN vs CEMB

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

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

EVN vs CEMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

EVN

$431M

Winner

CEMB

$431M

Expense Ratio

EVN

N/A

CEMB

0.50%

Max Drawdown

EVN

62.55%

Winner

CEMB

25.91%

Sharpe Ratio

EVN

0.86

Winner

CEMB

1.06

5Y Beta

EVN

0.18

Winner

CEMB

0.13

5Y Dividends CAGR

EVN

3.10%

Winner

CEMB

4.45%

EVN vs CEMB - Historical Returns

Returns include dividend reinvestment.

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

Winner

EVN

+5.16%

CEMB

+1.14%

Winner

EVN

+3.42%

CEMB

+2.12%

Winner

EVN

+4.29%

CEMB

+2.06%

Winner

EVN

+13.47%

CEMB

+7.19%

5Y(CAGR)

EVN

+0.24%

Winner

CEMB

+1.99%

10Y(CAGR)

EVN

+2.35%

Winner

CEMB

+3.66%

Max(CAGR)

Winner

EVN

+5.88%

CEMB

+3.69%

EVN vs CEMB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

EVN vs CEMB Drawdown Comparison

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

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

The current EVN drawdown is -1.33%.

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

Correlation

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

0.91

-101

Dividend Comparison (2000 - 2026)

EVN vs CEMB dividend yield comparison.

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