Eaton Vance Ultra-Short Income ETF (EVSB) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVSB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EVSB
EVSB charges 0.17% annually. There are 31 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | EVSB vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | EVSB vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | EVSB vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | EVSB vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.56B | Jun 2023 | EVSB vs CLIP |
Best Risk-Adjusted Alternatives to EVSB
EVSB has a PortfoliosLab risk / return rank of 99. There are 41 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 95.28B | May 2020 | EVSB vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | EVSB vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | EVSB vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | EVSB vs BILZ | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | EVSB vs VBIL |
Top Performing EVSB Alternatives (YTD)
EVSB is at 1.89% YTD. There are 12 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 4.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 4.97% | 14.84M | Sep 2021 | EVSB vs CUSD | |
| American Century Multisector Floating Income ETF | 2.74% | 22.70M | Mar 2023 | EVSB vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.39% | 1.34B | Aug 2022 | EVSB vs CSHI | |
| VanEck IG Floating Rate ETF | 2.19% | 2.81B | Apr 2011 | EVSB vs FLTR | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | EVSB vs BUCK |
Lowest Volatility Alternatives to EVSB
EVSB has 0.78% 1-year volatility. There are 52 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 95.28B | May 2020 | EVSB vs SGOV | |
| Invesco Short Term Treasury ETF | 0.19% | 2.58B | Jan 2017 | EVSB vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | EVSB vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.09B | Jun 2023 | EVSB vs BILZ | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | EVSB vs SHV |
Lowest Drawdown Alternatives to EVSB
EVSB has a 1-year max drawdown of -0.25%. There are 46 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 95.28B | May 2020 | EVSB vs SGOV | |
| Invesco Short Term Treasury ETF | -0.01% | 2.58B | Jan 2017 | EVSB vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | EVSB vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | EVSB vs VBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.61B | Feb 2014 | EVSB vs TFLO |
Other ETFs from Eaton Vance
The 10 most viewed Eaton Vance ETFs shown here include EVTR, EVSD, EVLN and span 9 categories. AUM among these funds goes as high as $6B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Total Return Bond ETF | Intermediate Core-Plus Bond | 38 | 0.51% | 5.55B | Nov 1984 | EVSB vs EVTR | |
| Eaton Vance Short Duration Income ETF | Short-Term Bond | 86 | 0.83% | 1.31B | Mar 1992 | EVSB vs EVSD | |
| Eaton Vance Floating-Rate ETF | Bank Loan | 75 | 1.50% | 1.36B | Feb 2024 | EVSB vs EVLN | |
| Eaton Vance High Yield ETF | High Yield Bonds | 61 | 1.48% | 23.59M | Oct 2023 | EVSB vs EVHY | |
| Eaton Vance Mortgage Opportunities ETF | Mortgage Backed Securities | — | 0.71% | — | Aug 2025 | EVSB vs EVMO | |
| Eaton Vance Income Opportunities ETF | Multisector Bonds | — | 2.01% | — | Nov 2025 | EVSB vs XAGG | |
| Eaton Vance Short Duration Municipal Income ETF | Municipal Bonds | 87 | 1.27% | 738.74M | Dec 2018 | EVSB vs EVSM | |
| Eaton Vance Intermediate Municipal Income ETF | Municipal Bonds | 76 | 1.73% | 247.05M | Oct 2023 | EVSB vs EVIM | |
| Eaton Vance High Income Municipal ETF | High Yield Muni | 86 | 3.83% | 56.78M | Feb 2025 | EVSB vs EVYM | |
| Eaton Vance Preferred Securities and Income ETF | Preferred Stock/Convertible Bonds | — | — | 35.16M | Mar 2026 | EVSB vs EVPF |
Often Compared With EVSB
Investors most often compare EVSB with JPST, GSST, CLOZ. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare EVSB with Any Fund or Stock
Compare EVSB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EVSB with funds that move differently
Eaton Vance Ultra-Short Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVSB.
Explore EVSB Diversifiers