EVSM vs EQL
Comparison between EATON VANCE SHORT DURATION MUNICIPAL INCOME ETF (EVSM, ETF) and ALPS EQUAL SECTOR WEIGHT ETF (EQL, ETF).
EVSM vs EQL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
EVSM
$697M
EQL
$696M
Expense Ratio
Winner
EVSM
0.19%
EQL
0.27%
Max Drawdown
Winner
EVSM
2.12%
EQL
36.36%
Sharpe Ratio
EVSM
0.32
Winner
EQL
1.50
5Y Beta
Winner
EVSM
0.00
EQL
0.70
5Y Dividends CAGR
EVSM
N/A
EQL
11.58%
EVSM vs EQL - Historical Returns
Returns include dividend reinvestment.
1M
Winner
EVSM
+0.52%
EQL
+0.18%
3M
EVSM
+0.38%
Winner
EQL
+2.51%
6M
EVSM
+1.54%
Winner
EQL
+8.91%
1Y
EVSM
+4.04%
Winner
EQL
+19.47%
5Y(CAGR)
EVSM
N/A
EQL
+10.44%
10Y(CAGR)
EVSM
N/A
EQL
+12.40%
Max(CAGR)
EVSM
+3.65%
Winner
EQL
+13.60%
EVSM vs EQL - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | EVSM | EQL |
|---|---|---|
| 2026 | +1.20% | +7.96% |
| 2025 | +4.30% | +13.32% |
| 2024 | +2.52% | +16.33% |
| 2023 | N/A | +17.25% |
| 2022 | N/A | -10.83% |
| 2021 | N/A | +31.31% |
| 2020 | N/A | +10.55% |
| 2019 | N/A | +27.93% |
| 2018 | N/A | -6.48% |
| 2017 | N/A | +17.71% |
| 2016 | N/A | +14.59% |
| 2015 | N/A | -1.15% |
| 2014 | N/A | +14.14% |
| 2013 | N/A | +27.40% |
| 2012 | N/A | +12.86% |
| 2011 | N/A | +1.53% |
| 2010 | N/A | +13.63% |
| 2009 | N/A | +28.94% |
EVSM vs EQL Drawdown Comparison
The maximum drawdown for EVSM was -1.50%, occurring on Apr 11, 2025. Recovery took 40 trading sessions.
The maximum drawdown for EQL was -35.65%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.
The current EQL drawdown is -1.22%.
| Rank | EVSM | EQL |
|---|---|---|
| #1 | -1.50% Apr 4, 2025 - Jun 3, 2025 | -35.65% Feb 19, 2020 - Sep 2, 2020 |
| #2 | -1.07% Feb 27, 2026 - Jun 5, 2026 | -19.23% Mar 29, 2022 - Jul 25, 2023 |
| #3 | -0.81% Oct 15, 2024 - Dec 4, 2024 | -18.66% Jul 7, 2011 - Feb 7, 2012 |
| #4 | -0.68% Dec 6, 2024 - Jan 27, 2025 | -17.43% Sep 21, 2018 - Apr 2, 2019 |
| #5 | -0.54% May 15, 2024 - Jun 13, 2024 | -15.34% Apr 23, 2010 - Nov 4, 2010 |
| #6 | -0.52% Apr 1, 2024 - May 7, 2024 | -15.08% Nov 29, 2024 - Jun 30, 2025 |
| #7 | -0.49% Feb 26, 2025 - Apr 4, 2025 | -13.01% May 21, 2015 - Apr 19, 2016 |
| #8 | -0.42% Jul 24, 2024 - Aug 1, 2024 | -10.32% Jul 31, 2023 - Dec 13, 2023 |
| #9 | -0.38% Feb 6, 2025 - Feb 25, 2025 | -9.49% Jan 26, 2018 - Aug 20, 2018 |
| #10 | -0.36% Jul 16, 2024 - Jul 24, 2024 | -9.02% Apr 2, 2012 - Aug 8, 2012 |
| #11 | -0.34% Aug 5, 2024 - Aug 23, 2024 | -8.66% Jan 4, 2022 - Mar 29, 2022 |
| #12 | -0.34% Sep 17, 2025 - Oct 13, 2025 | -8.32% Jan 19, 2010 - Mar 16, 2010 |
| #13 | -0.26% Oct 2, 2024 - Oct 15, 2024 | -8.22% Sep 2, 2020 - Nov 9, 2020 |
| #14 | -0.26% Nov 11, 2025 - Dec 11, 2025 | -6.99% Oct 18, 2012 - Jan 2, 2013 |
| #15 | -0.24% Oct 13, 2025 - Nov 11, 2025 | -6.90% Sep 19, 2014 - Oct 31, 2014 |
Correlation
Correlation between EVSM and EQL is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2009 - 2026)
EVSM vs EQL dividend yield comparison.
| Year | EVSM | EQL |
|---|---|---|
| 2026 | 1.23% | 0.37% |
| 2025 | 3.12% | 1.73% |
| 2024 | 2.99% | 1.78% |
| 2023 | 0.00% | 1.96% |
| 2022 | 0.00% | 2.14% |
| 2021 | 0.00% | 1.69% |
| 2020 | 0.00% | 2.29% |
| 2019 | 0.00% | 1.95% |
| 2018 | 0.00% | 2.39% |
| 2017 | 0.00% | 1.97% |
| 2016 | 0.00% | 2.89% |
| 2015 | 0.00% | 2.07% |
| 2014 | 0.00% | 1.68% |
| 2013 | 0.00% | 1.55% |
| 2012 | 0.00% | 2.09% |
| 2011 | 0.00% | 1.87% |
| 2010 | 0.00% | 1.72% |
| 2009 | 0.00% | 1.00% |
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