EVN vs LEO

Comparison between Eaton Vance Municipal Income Trust (EVN, ETF) and BNY Mellon Strategic Municipals Inc (LEO, ETF).

5-Year PerformanceEVN has outperformed LEO, delivering a return of +0.2% compared to -2.1%

EVN vs LEO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EVN(ETF)	LEO(ETF)
Net Assets	$431M	$429M
Max Drawdown	62.55%	54.53%
Sharpe Ratio	0.86	1.06
5Y Beta	0.18	0.17
5Y Dividends CAGR	3.10%	-6.91%

Net Assets

Winner

EVN

$431M

LEO

$429M

Max Drawdown

EVN

62.55%

Winner

LEO

54.53%

Sharpe Ratio

EVN

0.86

Winner

LEO

1.06

5Y Beta

EVN

0.18

Winner

LEO

0.17

5Y Dividends CAGR

Winner

EVN

3.10%

LEO

-6.91%

EVN vs LEO - Historical Returns

Returns include dividend reinvestment.

Period	EVN	LEO
1 month	+5.16%	+3.21%
3 months	+3.42%	+2.25%
6 months	+4.29%	+3.78%
1 year	+13.47%	+16.23%
5 years(CAGR)	+0.24%	-2.12%
10 years(CAGR)	+2.35%	+1.15%
Max(CAGR)	+5.88%	+4.85%

Winner

EVN

+5.16%

LEO

+3.21%

Winner

EVN

+3.42%

LEO

+2.25%

Winner

EVN

+4.29%

LEO

+3.78%

EVN

+13.47%

Winner

LEO

+16.23%

5Y(CAGR)

Winner

EVN

+0.24%

LEO

-2.12%

10Y(CAGR)

Winner

EVN

+2.35%

LEO

+1.15%

Max(CAGR)

Winner

EVN

+5.88%

LEO

+4.85%

EVN vs LEO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EVN	LEO
2026	+5.76%	+2.97%
2025	+12.50%	+8.40%
2024	+8.33%	+6.40%
2023	+3.00%	-1.05%
2022	-25.04%	-23.74%
2021	+7.73%	+5.05%
2020	+10.09%	+4.86%
2019	+15.59%	+22.72%
2018	-3.88%	-12.42%
2017	+4.85%	+8.83%
2016	-3.37%	+3.50%
2015	+9.71%	+11.03%
2014	+35.72%	+15.50%
2013	-19.33%	-16.60%
2012	+16.12%	+14.70%
2011	+23.98%	+23.10%
2010	+3.83%	+3.15%
2009	+56.76%	+46.92%
2008	-39.77%	-27.48%
2007	-9.13%	-7.07%
2006	+14.02%	+13.96%
2005	-1.43%	+7.55%
2004	+11.85%	-7.35%
2003	+18.50%	+10.84%
2002	+11.13%	+6.78%
2001	+19.65%	+22.11%
2000	+4.37%	N/A
1999	-3.08%	N/A

EVN vs LEO Drawdown Comparison

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

The maximum drawdown for LEO was -47.31%, occurring on Oct 10, 2008. Recovery took 671 trading sessions.

The current EVN drawdown is -1.33%. The current LEO drawdown is -16.40%.

Rank	EVN	LEO
#1	-56.82% May 11, 2007 - Aug 2, 2010	-47.31% May 7, 2007 - Jan 5, 2010
#2	-32.80% Sep 21, 2021 - Oct 23, 2023	-41.48% Aug 27, 2021 - Oct 25, 2023
#3	-27.63% Feb 21, 2020 - Nov 19, 2020	-30.28% Feb 25, 2020 - Feb 5, 2021
#4	-27.40% Mar 6, 2013 - Sep 9, 2014	-23.62% Jan 8, 2013 - Nov 3, 2015
#5	-19.70% Nov 16, 1999 - Jan 3, 2001	-21.68% Jan 21, 2004 - Sep 7, 2005
#6	-18.58% Jul 11, 2016 - Aug 8, 2019	-19.81% Sep 10, 2010 - Oct 12, 2011
#7	-17.26% Sep 7, 2010 - Jul 5, 2011	-17.32% Aug 1, 2017 - Jul 2, 2019
#8	-14.82% Apr 1, 2004 - Aug 27, 2004	-12.16% Jul 8, 2016 - Jul 11, 2017
#9	-11.51% Sep 24, 2002 - Mar 7, 2003	-11.77% Oct 1, 2002 - Apr 29, 2003
#10	-11.30% Feb 3, 2015 - Nov 30, 2015	-11.61% Jun 12, 2003 - Jan 7, 2004
#11	-10.92% Jun 17, 2003 - Oct 31, 2003	-9.85% Aug 28, 2001 - Dec 31, 2001
#12	-9.84% Sep 5, 2001 - Oct 9, 2001	-8.30% Sep 7, 2005 - Mar 29, 2006
#13	-9.44% Jun 28, 2005 - Jul 31, 2006	-6.69% Mar 12, 2012 - May 9, 2012
#14	-9.33% Mar 4, 2005 - May 25, 2005	-6.02% Nov 29, 2012 - Jan 8, 2013
#15	-8.39% Jul 12, 2011 - Sep 13, 2011	-5.98% Dec 31, 2001 - Apr 5, 2002

Correlation

Correlation between EVN and LEO is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2000 - 2026)

EVN vs LEO dividend yield comparison.

Year	EVN	LEO
2026	2.80%	2.45%
2025	5.72%	4.03%
2024	5.78%	3.77%
2023	4.80%	4.37%
2022	5.60%	5.66%
2021	4.14%	4.84%
2020	4.20%	4.95%
2019	4.46%	4.94%
2018	5.50%	5.96%
2017	5.37%	5.97%
2016	6.06%	6.14%
2015	6.46%	6.04%
2014	6.71%	7.11%
2013	8.81%	7.74%
2012	6.92%	6.16%
2011	7.76%	6.61%
2010	8.54%	7.54%
2009	7.54%	6.32%
2008	10.42%	8.94%
2007	5.76%	6.13%
2006	5.39%	5.03%
2005	7.24%	6.51%
2004	7.26%	7.38%
2003	7.19%	7.32%
2002	7.35%	7.14%
2001	5.71%	5.74%
2000	2.07%	0.00%