PCQ vs EIM

Comparison between Pimco California Municipal Income Fund (PCQ, ETF) and Eaton Vance Municipal Bond Fund (EIM, ETF).

5-Year PerformanceEIM has outperformed PCQ, delivering a return of -2.0% compared to -10.3%

PCQ vs EIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCQ(ETF)	EIM(ETF)
Net Assets	$544M	$543M
Max Drawdown	60.60%	56.59%
Sharpe Ratio	0.93	0.27
5Y Beta	0.15	0.14
5Y Dividends CAGR	-11.37%	2.10%

Net Assets

Winner

PCQ

$544M

EIM

$543M

Max Drawdown

PCQ

60.60%

Winner

EIM

56.59%

Sharpe Ratio

Winner

PCQ

0.93

EIM

0.27

5Y Beta

PCQ

0.15

Winner

EIM

0.14

5Y Dividends CAGR

PCQ

-11.37%

Winner

EIM

2.10%

PCQ vs EIM - Historical Returns

Returns include dividend reinvestment.

Period	PCQ	EIM
1 month	+2.17%	+0.94%
3 months	+1.81%	+0.52%
6 months	-1.92%	-0.98%
1 year	+10.73%	+4.29%
5 years(CAGR)	-10.32%	-2.00%
10 years(CAGR)	-1.90%	+1.29%
Max(CAGR)	+3.70%	+4.30%

Winner

PCQ

+2.17%

EIM

+0.94%

Winner

PCQ

+1.81%

EIM

+0.52%

PCQ

-1.92%

Winner

EIM

-0.98%

Winner

PCQ

+10.73%

EIM

+4.29%

5Y(CAGR)

PCQ

-10.32%

Winner

EIM

-2.00%

10Y(CAGR)

PCQ

-1.90%

Winner

EIM

+1.29%

Max(CAGR)

PCQ

+3.70%

Winner

EIM

+4.30%

PCQ vs EIM - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	PCQ	EIM
2026	+2.82%	+3.24%
2025	+0.17%	-0.67%
2024	+1.28%	+8.21%
2023	-36.42%	+3.26%
2022	-15.26%	-19.82%
2021	+7.87%	+4.58%
2020	-6.19%	+10.73%
2019	+26.15%	+17.96%
2018	-1.10%	-5.45%
2017	+16.44%	+6.28%
2016	+5.62%	+0.62%
2015	+6.94%	+7.23%
2014	+26.59%	+21.23%
2013	-14.10%	-15.89%
2012	+25.62%	+17.58%
2011	+18.97%	+20.30%
2010	+6.14%	-1.71%
2009	+45.10%	+42.16%
2008	-41.29%	-34.49%
2007	-3.73%	-4.87%
2006	+16.83%	+13.91%
2005	+24.28%	+23.19%
2004	+8.38%	+4.61%
2003	+0.07%	+9.41%
2002	+2.59%	-8.99%
2001	+0.78%	N/A

PCQ vs EIM Drawdown Comparison

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

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

The current PCQ drawdown is -45.14%. The current EIM drawdown is -10.27%.

Rank	PCQ	EIM
#1	-56.28% May 11, 2007 - Sep 9, 2010	-52.49% Jan 14, 2008 - May 27, 2010
#2	-54.86% Nov 12, 2021 - Oct 6, 2023	-31.68% Sep 15, 2021 - Oct 25, 2023
#3	-37.82% Dec 9, 2019 - Jul 15, 2021	-26.00% Dec 6, 2012 - Jan 28, 2015
#4	-22.43% Jan 23, 2013 - Nov 20, 2014	-24.04% Feb 25, 2020 - Jul 21, 2020
#5	-17.69% Oct 15, 2010 - Sep 29, 2011	-23.12% Oct 4, 2010 - Dec 27, 2011
#6	-17.09% Dec 11, 2017 - Jul 9, 2018	-15.00% Jul 8, 2016 - May 13, 2019
#7	-14.13% Aug 13, 2018 - Jan 28, 2019	-14.38% Mar 18, 2004 - Oct 19, 2004
#8	-13.13% Sep 8, 2016 - May 8, 2017	-12.21% Sep 5, 2002 - May 13, 2003
#9	-12.06% Jun 13, 2003 - Apr 1, 2004	-11.75% May 3, 2007 - Jan 11, 2008
#10	-11.35% Feb 2, 2015 - Oct 20, 2015	-10.50% Jun 19, 2003 - Jan 12, 2004
#11	-10.17% Jul 11, 2012 - Nov 28, 2012	-8.57% Dec 29, 2005 - Aug 17, 2006
#12	-9.02% Jan 30, 2012 - Apr 24, 2012	-7.84% Jan 30, 2015 - Oct 20, 2015
#13	-8.76% Apr 1, 2004 - Aug 6, 2004	-7.62% Feb 14, 2005 - May 4, 2005
#14	-8.05% Sep 13, 2002 - May 22, 2003	-7.30% Mar 5, 2012 - May 9, 2012
#15	-7.19% Aug 16, 2001 - Aug 6, 2002	-4.71% Oct 19, 2004 - Jan 13, 2005

Correlation

Correlation between PCQ and EIM is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2001 - 2026)

PCQ vs EIM dividend yield comparison.

Year	PCQ	EIM
2026	3.31%	4.23%
2025	4.95%	6.27%
2024	4.78%	5.65%
2023	4.64%	4.07%
2022	5.29%	4.87%
2021	4.20%	4.38%
2020	4.39%	4.29%
2019	4.65%	4.00%
2018	5.72%	4.98%
2017	5.35%	5.48%
2016	5.89%	5.64%
2015	5.89%	5.90%
2014	5.90%	5.97%
2013	7.10%	6.78%
2012	5.80%	5.56%
2011	6.87%	7.15%
2010	7.45%	7.96%
2009	7.46%	6.74%
2008	10.68%	8.76%
2007	5.95%	6.80%
2006	5.25%	7.10%
2005	5.83%	10.57%
2004	6.83%	6.92%
2003	6.90%	6.59%
2002	6.45%	1.69%
2001	2.53%	0.00%