QTPI vs CEV

Comparison between NORTH SQUARE RCIM TAX-ADVANTAGED PREFERRED AND INCOME SECURITIES ETF (QTPI, ETF) and Eaton Vance California Municipal Income Trust (CEV, ETF).

QTPI vs CEV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QTPI(ETF)	CEV(ETF)
Net Assets	$78M	$78M
Expense Ratio	0.60%	N/A
Max Drawdown	4.88%	61.83%
Sharpe Ratio	0.24	1.06
5Y Beta	0.14	0.12
5Y Dividends CAGR	N/A	1.20%

Net Assets

Winner

QTPI

$78M

CEV

$78M

Expense Ratio

QTPI

0.60%

CEV

N/A

Max Drawdown

Winner

QTPI

4.88%

CEV

61.83%

Sharpe Ratio

QTPI

0.24

Winner

CEV

1.06

5Y Beta

QTPI

0.14

Winner

CEV

0.12

5Y Dividends CAGR

QTPI

N/A

CEV

1.20%

QTPI vs CEV - Historical Returns

Returns include dividend reinvestment.

Period	QTPI	CEV
1 month	+0.41%	+0.47%
3 months	+0.78%	+1.84%
6 months	+1.03%	+5.15%
1 year	+5.05%	+14.60%
5 years(CAGR)	N/A	-0.93%
10 years(CAGR)	N/A	+1.51%
Max(CAGR)	+5.87%	+5.12%

QTPI

+0.41%

Winner

CEV

+0.47%

QTPI

+0.78%

Winner

CEV

+1.84%

QTPI

+1.03%

Winner

CEV

+5.15%

QTPI

+5.05%

Winner

CEV

+14.60%

5Y(CAGR)

QTPI

N/A

CEV

-0.93%

10Y(CAGR)

QTPI

N/A

CEV

+1.51%

Max(CAGR)

Winner

QTPI

+5.87%

CEV

+5.12%

QTPI vs CEV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	QTPI	CEV
2026	+1.41%	+6.41%
2025	+7.38%	+5.19%
2024	+0.34%	+1.93%
2023	N/A	+8.06%
2022	N/A	-24.31%
2021	N/A	+2.98%
2020	N/A	+6.21%
2019	N/A	+25.02%
2018	N/A	-4.89%
2017	N/A	+2.64%
2016	N/A	-3.39%
2015	N/A	+7.78%
2014	N/A	+22.63%
2013	N/A	-17.98%
2012	N/A	+16.53%
2011	N/A	+23.43%
2010	N/A	+4.71%
2009	N/A	+60.06%
2008	N/A	-39.27%
2007	N/A	-7.13%
2006	N/A	+12.80%
2005	N/A	-2.30%
2004	N/A	+7.28%
2003	N/A	+15.22%
2002	N/A	+5.14%
2001	N/A	+21.58%
2000	N/A	+13.59%
1999	N/A	-7.78%

QTPI vs CEV Drawdown Comparison

The maximum drawdown for QTPI was -4.07%, occurring on Apr 10, 2025. Recovery took 34 trading sessions.

The maximum drawdown for CEV was -58.45%, occurring on Dec 16, 2008. Recovery took 764 trading sessions.

The current QTPI drawdown is -0.31%. The current CEV drawdown is -8.19%.

Rank	QTPI	CEV
#1	-4.07% Mar 24, 2025 - May 12, 2025	-58.45% May 21, 2007 - Jun 2, 2010
#2	-2.11% Feb 20, 2026 - Jun 29, 2026	-32.99% Nov 12, 2021 - Oct 31, 2022
#3	-1.24% Dec 30, 2024 - Jan 21, 2025	-26.49% Feb 12, 2013 - Jan 29, 2015
#4	-0.90% May 29, 2025 - Jun 3, 2025	-25.93% Feb 19, 2020 - Jul 31, 2020
#5	-0.78% Oct 1, 2025 - Oct 24, 2025	-19.14% Apr 6, 2016 - Aug 2, 2019
#6	-0.77% Jun 3, 2025 - Jun 23, 2025	-18.74% Sep 7, 2010 - Aug 22, 2011
#7	-0.68% Oct 27, 2025 - Nov 26, 2025	-14.62% Nov 9, 1999 - Apr 12, 2000
#8	-0.65% May 19, 2025 - May 29, 2025	-14.25% Apr 13, 2000 - Aug 21, 2000
#9	-0.59% Jul 9, 2025 - Jul 29, 2025	-13.63% Mar 17, 2004 - Sep 14, 2004
#10	-0.50% Jul 6, 2026 - Jul 16, 2026	-12.41% Jul 2, 2003 - Dec 19, 2003
#11	-0.49% Dec 19, 2025 - Jan 5, 2026	-11.73% Oct 8, 2002 - May 14, 2003
#12	-0.49% Jan 21, 2025 - Jan 27, 2025	-11.55% Feb 14, 2005 - Mar 1, 2006
#13	-0.46% Feb 28, 2025 - Mar 24, 2025	-11.18% May 11, 2006 - Dec 1, 2006
#14	-0.42% Jan 27, 2025 - Jan 30, 2025	-10.25% Nov 12, 2001 - Feb 6, 2002
#15	-0.42% Dec 2, 2025 - Dec 10, 2025	-9.96% Feb 7, 2001 - Aug 1, 2001

Correlation

Correlation between QTPI and CEV is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

QTPI vs CEV dividend yield comparison.

Year	QTPI	CEV
2026	2.25%	3.38%
2025	4.58%	5.98%
2024	0.10%	5.58%
2023	0.00%	4.14%
2022	0.00%	5.24%
2021	0.00%	4.17%
2020	0.00%	4.00%
2019	0.00%	3.95%
2018	0.00%	4.25%
2017	0.00%	4.01%
2016	0.00%	4.81%
2015	0.00%	5.46%
2014	0.00%	5.75%
2013	0.00%	7.07%
2012	0.00%	5.84%
2011	0.00%	6.78%
2010	0.00%	7.57%
2009	0.00%	6.69%
2008	0.00%	8.81%
2007	0.00%	5.06%
2006	0.00%	4.87%
2005	0.00%	6.29%
2004	0.00%	6.81%
2003	0.00%	6.34%
2002	0.00%	6.71%
2001	0.00%	5.33%
2000	0.00%	5.99%
1999	0.00%	1.16%