VLU vs EVSM

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

VLU vs EVSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

VLU

$693M

Winner

EVSM

$697M

Expense Ratio

Winner

VLU

0.12%

EVSM

0.19%

Max Drawdown

VLU

37.91%

Winner

EVSM

2.12%

Sharpe Ratio

Winner

VLU

2.07

EVSM

0.32

5Y Beta

VLU

0.79

Winner

EVSM

0.00

P/E Ratio

VLU

21.70

EVSM

N/A

Forward P/E

VLU

15.27

EVSM

N/A

5Y Dividends CAGR

VLU

8.76%

EVSM

N/A

5Y EPS CAGR

VLU

13.73%

EVSM

N/A

Debt to Equity

VLU

32.45%

EVSM

N/A

P/S Ratio

VLU

1.37

EVSM

N/A

P/B Ratio

VLU

2.66

EVSM

N/A

VLU vs EVSM - Historical Returns

Returns include dividend reinvestment.

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

Winner

VLU

+1.94%

EVSM

+0.52%

Winner

VLU

+7.33%

EVSM

+0.38%

Winner

VLU

+12.99%

EVSM

+1.54%

Winner

VLU

+29.65%

EVSM

+4.04%

5Y(CAGR)

VLU

+11.81%

EVSM

N/A

10Y(CAGR)

VLU

+13.95%

EVSM

N/A

Max(CAGR)

Winner

VLU

+13.71%

EVSM

+3.65%

VLU vs EVSM - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

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

VLU vs EVSM Drawdown Comparison

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

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

The current VLU drawdown is -1.15%.

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

Correlation

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

0.95

-101

Dividend Comparison (2012 - 2026)

VLU vs EVSM dividend yield comparison.

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