Eaton Vance Mortgage Opportunities ETF (EVMO) Alternatives
Eaton Vance Mortgage Opportunities ETF (EVMO) belongs to the Mortgage Backed Securities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVMO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EVMO
EVMO charges 0.45% annually. Among ETFs in the Mortgage Backed Securities category, these options have the lowest expense ratios among EVMO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | Jan 15, 2009 | EVMO vs SPMB | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | Nov 19, 2009 | EVMO vs VMBS | |
| iShares MBS Bond ETF | 0.06% | Mar 16, 2007 | EVMO vs MBB | |
| iShares GNMA Bond ETF | 0.15% | Feb 14, 2012 | EVMO vs GNMA | |
| FlexShares Disciplined Duration MBS Index Fund | 0.20% | Sep 4, 2014 | EVMO vs MBSD |
Best Risk-Adjusted Alternatives to EVMO
Among ETFs in the Mortgage Backed Securities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 97 | Nov 4, 2013 | EVMO vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 93 | Nov 4, 2014 | EVMO vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 92 | Feb 9, 2021 | EVMO vs VABS | |
| iShares CMBS ETF | 74 | Feb 14, 2012 | EVMO vs CMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 68 | Jul 31, 1997 | EVMO vs PMBS |
Top Performing EVMO Alternatives (YTD)
EVMO alternatives from the Mortgage Backed Securities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Virtus Newfleet ABS/MBS ETF | 0.75% | Feb 9, 2021 | EVMO vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 0.66% | Nov 4, 2014 | EVMO vs LMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 0.61% | Jul 31, 1997 | EVMO vs PMBS | |
| JPMorgan Mortgage-Backed Securities ETF | 0.59% | Aug 18, 2000 | EVMO vs JMTG | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.51% | Jan 15, 2009 | EVMO vs SPMB |
Lowest Volatility Alternatives to EVMO
EVMO alternatives from the Mortgage Backed Securities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 1.97% | Nov 4, 2013 | EVMO vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | 2.23% | Feb 9, 2021 | EVMO vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 2.57% | Nov 4, 2014 | EVMO vs LMBS | |
| iShares Securitized Income Active ETF | 3.68% | Jan 26, 2026 | EVMO vs SECU | |
| JPMorgan Mortgage-Backed Securities ETF | 3.68% | Aug 18, 2000 | EVMO vs JMTG |
Lowest Drawdown Alternatives to EVMO
EVMO alternatives from the Mortgage Backed Securities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.93% | Nov 4, 2013 | EVMO vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -1.05% | Feb 9, 2021 | EVMO vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.72% | Nov 4, 2014 | EVMO vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.22% | Sep 4, 2014 | EVMO vs MBSD | |
| iShares CMBS ETF | -2.44% | Feb 14, 2012 | EVMO vs CMBS |
Other ETFs from Eaton Vance
Most popular Eaton Vance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Eaton Vance Total Return Bond ETF | Intermediate Core-Plus Bond | 69 | -0.31% | Nov 14, 1984 | EVMO vs EVTR | |
| Eaton Vance Short Duration Income ETF | Short-Term Bond | 97 | 0.10% | Mar 31, 1992 | EVMO vs EVSD | |
| Eaton Vance Floating-Rate ETF | Bank Loan | 80 | -0.98% | Feb 6, 2024 | EVMO vs EVLN | |
| Eaton Vance Ultra-Short Income ETF | Ultrashort Bond | 99 | 0.90% | Oct 16, 2023 | EVMO vs EVSB | |
| Eaton Vance High Yield ETF | High Yield Bonds | 82 | -0.49% | Oct 16, 2023 | EVMO vs EVHY | |
| Eaton Vance Intermediate Municipal Income ETF | Municipal Bonds | 69 | -0.16% | Oct 16, 2023 | EVMO vs EVIM | |
| Eaton Vance Short Duration Municipal Income ETF | Municipal Bonds | 88 | 0.34% | Dec 19, 2018 | EVMO vs EVSM | |
| Eaton Vance Income Opportunities ETF | Multisector Bonds | — | 0.15% | Nov 10, 2025 | EVMO vs XAGG |
Often Compared With EVMO
What investors most often compare with EVMO, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Capital Group Dividend Value ETF | Large Cap Value Equities, Dividend | 78 | -2.26% | Feb 22, 2022 | EVMO vs CGDV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 12 | 0.17% | Jul 22, 2002 | EVMO vs TLT | |
| Vanguard Short-Term Corporate Bond ETF | Corporate Bonds | 95 | 0.13% | Nov 19, 2009 | EVMO vs VCSH | |
| Vanguard Short-Term Treasury ETF | Government Bonds, Short-Term Bond | 97 | 0.28% | Nov 19, 2009 | EVMO vs VGSH | |
| WisdomTree Mortgage Plus Bond Fund | Mortgage Backed Securities, Actively Managed | 57 | 0.16% | Nov 14, 2019 | EVMO vs MTGP | |
| Janus Henderson Mortgage-Backed Securities ETF | Mortgage Backed Securities, Actively Managed | 65 | 0.19% | Sep 12, 2018 | EVMO vs JMBS | |
| First Trust TCW Securitized Plus ETF | Mortgage Backed Securities, Actively Managed | 61 | -0.19% | Apr 29, 2020 | EVMO vs DEED |
Compare EVMO with Any Fund or Stock
Compare EVMO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.