GVAL vs EIM

Comparison between CAMBRIA GLOBAL VALUE ETF (GVAL, ETF) and Eaton Vance Municipal Bond Fund (EIM, ETF).

5-Year PerformanceGVAL has outperformed EIM, delivering a return of +12.6% compared to -1.6%

GVAL vs EIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GVAL(ETF)	EIM(ETF)
Net Assets	$541M	$543M
Expense Ratio	0.66%	N/A
Max Drawdown	50.58%	56.59%
Sharpe Ratio	1.90	0.43
5Y Beta	0.66	0.13
5Y Dividends CAGR	20.07%	2.10%

Net Assets

GVAL

$541M

Winner

EIM

$543M

Expense Ratio

GVAL

0.66%

EIM

N/A

Max Drawdown

Winner

GVAL

50.58%

EIM

56.59%

Sharpe Ratio

Winner

GVAL

1.90

EIM

0.43

5Y Beta

GVAL

0.66

Winner

EIM

0.13

5Y Dividends CAGR

Winner

GVAL

20.07%

EIM

2.10%

GVAL vs EIM - Historical Returns

Returns include dividend reinvestment.

Period	GVAL	EIM
1 month	-0.09%	-1.91%
3 months	+5.99%	-1.49%
6 months	+13.87%	+0.79%
1 year	+35.08%	+7.29%
5 years(CAGR)	+12.59%	-1.61%
10 years(CAGR)	+10.34%	+1.45%
Max(CAGR)	+6.39%	+4.31%

Winner

GVAL

-0.09%

EIM

-1.91%

Winner

GVAL

+5.99%

EIM

-1.49%

Winner

GVAL

+13.87%

EIM

+0.79%

Winner

GVAL

+35.08%

EIM

+7.29%

5Y(CAGR)

Winner

GVAL

+12.59%

EIM

-1.61%

10Y(CAGR)

Winner

GVAL

+10.34%

EIM

+1.45%

Max(CAGR)

Winner

GVAL

+6.39%

EIM

+4.31%

GVAL vs EIM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	GVAL	EIM
2026	+10.42%	+2.60%
2025	+57.23%	-0.67%
2024	+3.68%	+8.21%
2023	+14.39%	+3.26%
2022	-8.72%	-19.82%
2021	+10.00%	+4.58%
2020	-9.89%	+10.73%
2019	+15.47%	+17.96%
2018	-15.91%	-5.45%
2017	+27.73%	+6.28%
2016	+18.62%	+0.62%
2015	-8.38%	+7.23%
2014	-19.20%	+21.23%
2013	N/A	-15.89%
2012	N/A	+17.58%
2011	N/A	+20.30%
2010	N/A	-1.71%
2009	N/A	+42.16%
2008	N/A	-34.49%
2007	N/A	-4.87%
2006	N/A	+13.91%
2005	N/A	+23.19%
2004	N/A	+4.61%
2003	N/A	+9.41%
2002	N/A	-8.99%

GVAL vs EIM Drawdown Comparison

The maximum drawdown for GVAL was -46.84%, occurring on Mar 18, 2020. Recovery took 1581 trading sessions.

The maximum drawdown for EIM was -52.49%, occurring on Dec 15, 2008. Recovery took 597 trading sessions.

The current GVAL drawdown is -3.69%. The current EIM drawdown is -10.82%.

Rank	GVAL	EIM
#1	-46.84% Jan 26, 2018 - May 9, 2024	-52.49% Jan 14, 2008 - May 27, 2010
#2	-37.79% Jun 10, 2014 - Jul 18, 2017	-31.68% Sep 15, 2021 - Oct 25, 2023
#3	-15.72% Mar 5, 2025 - May 13, 2025	-26.00% Dec 6, 2012 - Jan 28, 2015
#4	-11.50% Feb 25, 2026 - Apr 14, 2026	-24.04% Feb 25, 2020 - Jul 21, 2020
#5	-9.45% May 20, 2024 - Sep 24, 2024	-23.12% Oct 4, 2010 - Dec 27, 2011
#6	-9.19% Oct 7, 2024 - Feb 11, 2025	-15.00% Jul 8, 2016 - May 13, 2019
#7	-5.19% Sep 11, 2017 - Jan 2, 2018	-14.38% Mar 18, 2004 - Oct 19, 2004
#8	-4.86% Apr 9, 2014 - Jun 6, 2014	-12.21% Sep 5, 2002 - May 13, 2003
#9	-4.52% Apr 17, 2026 - Jun 2, 2026	-11.75% May 3, 2007 - Jan 11, 2008
#10	-3.69% Jun 2, 2026 - Jun 5, 2026	-10.50% Jun 19, 2003 - Jan 12, 2004
#11	-3.14% Nov 12, 2025 - Dec 2, 2025	-8.57% Dec 29, 2005 - Aug 17, 2006
#12	-3.02% Oct 1, 2025 - Oct 23, 2025	-7.84% Jan 30, 2015 - Oct 20, 2015
#13	-2.63% Jul 25, 2025 - Aug 7, 2025	-7.62% Feb 14, 2005 - May 4, 2005
#14	-2.50% Aug 7, 2017 - Aug 25, 2017	-7.30% Mar 5, 2012 - May 9, 2012
#15	-2.03% Jun 12, 2025 - Jun 26, 2025	-4.71% Oct 19, 2004 - Jan 13, 2005

Correlation

Correlation between GVAL and EIM is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.44

-101

Dividend Comparison (2002 - 2026)

GVAL vs EIM dividend yield comparison.

Year	GVAL	EIM
2026	0.27%	2.62%
2025	2.93%	6.27%
2024	4.75%	5.65%
2023	6.12%	4.07%
2022	5.05%	4.87%
2021	2.97%	4.38%
2020	1.90%	4.29%
2019	2.84%	4.00%
2018	4.65%	4.98%
2017	2.00%	5.48%
2016	2.53%	5.64%
2015	2.11%	5.90%
2014	2.70%	5.97%
2013	0.00%	6.78%
2012	0.00%	5.56%
2011	0.00%	7.15%
2010	0.00%	7.96%
2009	0.00%	6.74%
2008	0.00%	8.76%
2007	0.00%	6.80%
2006	0.00%	7.10%
2005	0.00%	10.57%
2004	0.00%	6.92%
2003	0.00%	6.59%
2002	0.00%	1.69%