IQI vs EIM

Comparison between Invesco Quality Municipal Income Trust (IQI, ETF) and Eaton Vance Municipal Bond Fund (EIM, ETF).

5-Year PerformanceIQI has outperformed EIM, delivering a return of +0.3% compared to -1.5%

IQI vs EIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQI(ETF)	EIM(ETF)
Net Assets	$541M	$543M
Max Drawdown	55.16%	56.59%
Sharpe Ratio	1.53	0.63
5Y Beta	0.23	0.13
5Y Dividends CAGR	4.12%	2.10%

Net Assets

IQI

$541M

Winner

EIM

$543M

Max Drawdown

Winner

IQI

55.16%

EIM

56.59%

Sharpe Ratio

Winner

IQI

1.53

EIM

0.63

5Y Beta

IQI

0.23

Winner

EIM

0.13

5Y Dividends CAGR

Winner

IQI

4.12%

EIM

2.10%

IQI vs EIM - Historical Returns

Returns include dividend reinvestment.

Period	IQI	EIM
1 month	+1.32%	+0.82%
3 months	+3.65%	+0.43%
6 months	+4.03%	+2.92%
1 year	+18.85%	+9.97%
5 years(CAGR)	+0.31%	-1.49%
10 years(CAGR)	+2.59%	+1.43%
Max(CAGR)	+5.36%	+4.36%

Winner

IQI

+1.32%

EIM

+0.82%

Winner

IQI

+3.65%

EIM

+0.43%

Winner

IQI

+4.03%

EIM

+2.92%

Winner

IQI

+18.85%

EIM

+9.97%

5Y(CAGR)

Winner

IQI

+0.31%

EIM

-1.49%

10Y(CAGR)

Winner

IQI

+2.59%

EIM

+1.43%

Max(CAGR)

Winner

IQI

+5.36%

EIM

+4.36%

IQI vs EIM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IQI	EIM
2026	+5.73%	+4.30%
2025	+8.56%	-0.67%
2024	+9.98%	+8.21%
2023	+4.31%	+3.26%
2022	-27.10%	-19.82%
2021	+9.25%	+4.58%
2020	+8.86%	+10.73%
2019	+15.59%	+17.96%
2018	-4.47%	-5.45%
2017	+6.13%	+6.28%
2016	+2.85%	+0.62%
2015	+8.13%	+7.23%
2014	+19.39%	+21.23%
2013	-14.68%	-15.89%
2012	+7.81%	+17.58%
2011	+19.74%	+20.30%
2010	+8.35%	-1.71%
2009	+33.00%	+42.16%
2008	-20.84%	-34.49%
2007	-8.00%	-4.87%
2006	+10.77%	+13.91%
2005	+10.91%	+23.19%
2004	+1.23%	+4.61%
2003	+11.68%	+9.41%
2002	+7.07%	-8.99%
2001	+9.01%	N/A
2000	+16.17%	N/A
1999	-6.11%	N/A

IQI vs EIM Drawdown Comparison

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

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

The current IQI drawdown is -2.14%. The current EIM drawdown is -9.34%.

Rank	IQI	EIM
#1	-50.21% May 7, 2007 - Feb 3, 2010	-52.49% Jan 14, 2008 - May 27, 2010
#2	-35.34% Jul 29, 2021 - Jul 14, 2026	-31.68% Sep 15, 2021 - Oct 25, 2023
#3	-26.28% Mar 4, 2020 - Nov 24, 2020	-26.00% Dec 6, 2012 - Jan 28, 2015
#4	-22.85% Jul 25, 2012 - Jan 13, 2015	-24.04% Feb 25, 2020 - Jul 21, 2020
#5	-18.18% Sep 30, 2010 - Oct 28, 2011	-23.12% Oct 4, 2010 - Dec 27, 2011
#6	-13.33% Aug 18, 2016 - Apr 10, 2019	-15.00% Jul 8, 2016 - May 13, 2019
#7	-11.24% Mar 23, 2004 - Feb 4, 2005	-14.38% Mar 18, 2004 - Oct 19, 2004
#8	-10.07% Jun 17, 2003 - Jan 15, 2004	-12.21% Sep 5, 2002 - May 13, 2003
#9	-9.68% Nov 5, 1999 - Feb 3, 2000	-11.75% May 3, 2007 - Jan 11, 2008
#10	-9.35% Feb 2, 2015 - Dec 1, 2015	-10.50% Jun 19, 2003 - Jan 12, 2004
#11	-8.54% Sep 12, 2000 - Jan 2, 2001	-8.57% Dec 29, 2005 - Aug 17, 2006
#12	-7.40% Mar 1, 2012 - Jun 11, 2012	-7.84% Jan 30, 2015 - Oct 20, 2015
#13	-7.23% Oct 2, 2002 - Feb 27, 2003	-7.62% Feb 14, 2005 - May 4, 2005
#14	-7.19% Feb 4, 2002 - Jul 10, 2002	-7.30% Mar 5, 2012 - May 9, 2012
#15	-7.14% Feb 8, 2000 - Jul 18, 2000	-4.71% Oct 19, 2004 - Jan 13, 2005

Correlation

Correlation between IQI and EIM is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2000 - 2026)

IQI vs EIM dividend yield comparison.

Year	IQI	EIM
2026	4.39%	3.64%
2025	7.60%	6.27%
2024	6.48%	5.65%
2023	4.70%	4.07%
2022	5.82%	4.87%
2021	4.53%	4.38%
2020	4.61%	4.29%
2019	4.88%	4.00%
2018	6.04%	4.98%
2017	5.33%	5.48%
2016	6.15%	5.64%
2015	6.08%	5.90%
2014	6.24%	5.97%
2013	7.39%	6.78%
2012	6.43%	5.56%
2011	6.46%	7.15%
2010	6.96%	7.96%
2009	6.59%	6.74%
2008	7.30%	8.76%
2007	5.66%	6.80%
2006	6.73%	7.10%
2005	7.70%	10.57%
2004	6.33%	6.92%
2003	8.51%	6.59%
2002	8.43%	1.69%
2001	8.85%	0.00%
2000	2.65%	0.00%