EVSM vs VLU

Comparison between EATON VANCE SHORT DURATION MUNICIPAL INCOME ETF (EVSM, ETF) and STATE STREET(R) SPDR(R) S&P(R) 1500 VALUE TILT ETF (VLU, ETF).

EVSM vs VLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EVSM(ETF)	VLU(ETF)
Net Assets	$697M	$693M
Expense Ratio	0.19%	0.12%
Max Drawdown	2.12%	37.91%
Sharpe Ratio	0.32	2.07
5Y Beta	0.00	0.79
P/E Ratio	N/A	21.70
Forward P/E	N/A	15.27
5Y Dividends CAGR	N/A	8.76%
5Y EPS CAGR	N/A	13.73%
Debt to Equity	N/A	32.45%
P/S Ratio	N/A	1.37
P/B Ratio	N/A	2.66

Net Assets

Winner

EVSM

$697M

VLU

$693M

Expense Ratio

EVSM

0.19%

Winner

VLU

0.12%

Max Drawdown

Winner

EVSM

2.12%

VLU

37.91%

Sharpe Ratio

EVSM

0.32

Winner

VLU

2.07

5Y Beta

Winner

EVSM

0.00

VLU

0.79

P/E Ratio

EVSM

N/A

VLU

21.70

Forward P/E

EVSM

N/A

VLU

15.27

5Y Dividends CAGR

EVSM

N/A

VLU

8.76%

5Y EPS CAGR

EVSM

N/A

VLU

13.73%

Debt to Equity

EVSM

N/A

VLU

32.45%

P/S Ratio

EVSM

N/A

VLU

1.37

P/B Ratio

EVSM

N/A

VLU

2.66

EVSM vs VLU - Historical Returns

Returns include dividend reinvestment.

Period	EVSM	VLU
1 month	+0.52%	+1.94%
3 months	+0.38%	+7.33%
6 months	+1.54%	+12.99%
1 year	+4.04%	+29.65%
5 years(CAGR)	N/A	+11.81%
10 years(CAGR)	N/A	+13.95%
Max(CAGR)	+3.65%	+13.71%

EVSM

+0.52%

Winner

VLU

+1.94%

EVSM

+0.38%

Winner

VLU

+7.33%

EVSM

+1.54%

Winner

VLU

+12.99%

EVSM

+4.04%

Winner

VLU

+29.65%

5Y(CAGR)

EVSM

N/A

VLU

+11.81%

10Y(CAGR)

EVSM

N/A

VLU

+13.95%

Max(CAGR)

EVSM

+3.65%

Winner

VLU

+13.71%

EVSM vs VLU - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	EVSM	VLU
2026	+1.20%	+11.77%
2025	+4.30%	+16.93%
2024	+2.52%	+17.18%
2023	N/A	+17.26%
2022	N/A	-9.01%
2021	N/A	+32.52%
2020	N/A	+9.22%
2019	N/A	+25.72%
2018	N/A	-7.87%
2017	N/A	+16.99%
2016	N/A	+18.60%
2015	N/A	-0.88%
2014	N/A	+14.49%
2013	N/A	+34.60%
2012	N/A	+2.14%

EVSM vs VLU Drawdown Comparison

The maximum drawdown for EVSM was -1.50%, occurring on Apr 11, 2025. Recovery took 40 trading sessions.

The maximum drawdown for VLU was -37.36%, occurring on Mar 23, 2020. Recovery took 193 trading sessions.

The current VLU drawdown is -1.15%.

Rank	EVSM	VLU
#1	-1.50% Apr 4, 2025 - Jun 3, 2025	-37.36% Feb 12, 2020 - Nov 16, 2020
#2	-1.07% Feb 27, 2026 - Jun 5, 2026	-20.21% Sep 24, 2018 - Oct 25, 2019
#3	-0.81% Oct 15, 2024 - Dec 4, 2024	-19.56% Jan 11, 2022 - Jul 28, 2023
#4	-0.68% Dec 6, 2024 - Jan 27, 2025	-16.23% Feb 19, 2025 - Jul 1, 2025
#5	-0.54% May 15, 2024 - Jun 13, 2024	-15.95% May 19, 2015 - Jul 25, 2016
#6	-0.52% Apr 1, 2024 - May 7, 2024	-10.57% Jan 26, 2018 - Aug 21, 2018
#7	-0.49% Feb 26, 2025 - Apr 4, 2025	-10.55% Jul 31, 2023 - Dec 11, 2023
#8	-0.42% Jul 24, 2024 - Aug 1, 2024	-7.43% Sep 4, 2014 - Nov 5, 2014
#9	-0.38% Feb 6, 2025 - Feb 25, 2025	-6.63% Jan 15, 2014 - Feb 24, 2014
#10	-0.36% Jul 16, 2024 - Jul 24, 2024	-6.34% Feb 11, 2026 - Apr 14, 2026
#11	-0.34% Aug 5, 2024 - Aug 23, 2024	-6.21% Nov 29, 2024 - Feb 19, 2025
#12	-0.34% Sep 17, 2025 - Oct 13, 2025	-5.99% Jul 17, 2024 - Aug 23, 2024
#13	-0.26% Oct 2, 2024 - Oct 15, 2024	-5.76% Nov 8, 2021 - Dec 27, 2021
#14	-0.26% Nov 11, 2025 - Dec 11, 2025	-5.32% Oct 31, 2012 - Dec 11, 2012
#15	-0.24% Oct 13, 2025 - Nov 11, 2025	-5.16% May 31, 2013 - Jul 9, 2013

Correlation

Correlation between EVSM and VLU is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2012 - 2026)

EVSM vs VLU dividend yield comparison.

Year	EVSM	VLU
2026	1.23%	0.39%
2025	3.12%	1.82%
2024	2.99%	2.00%
2023	0.00%	2.02%
2022	0.00%	2.16%
2021	0.00%	1.86%
2020	0.00%	1.98%
2019	0.00%	2.19%
2018	0.00%	2.57%
2017	0.00%	1.96%
2016	0.00%	2.14%
2015	0.00%	6.37%
2014	0.00%	5.42%
2013	0.00%	3.41%
2012	0.00%	0.55%