Eaton Vance Short Duration Municipal Income ETF (EVSM) Alternatives
Eaton Vance Short Duration Municipal Income ETF (EVSM) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVSM. 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 EVSM
EVSM charges 0.19% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among EVSM alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | Oct 11, 2022 | EVSM vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | Jul 11, 2019 | EVSM vs FMUN | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | Aug 21, 2015 | EVSM vs VTEB | |
| Vanguard Short-Term Tax-Exempt Bond ETF Shares | 0.07% | Mar 8, 2023 | EVSM vs VTES | |
| Xtrackers California Municipal Bond ETF | 0.07% | Dec 13, 2023 | EVSM vs CA |
Best Risk-Adjusted Alternatives to EVSM
Among ETFs in the Municipal Bonds 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 | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | 98 | Jul 23, 2024 | EVSM vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 97 | Nov 1, 2018 | EVSM vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 97 | Mar 3, 2015 | EVSM vs MEAR | |
| PGIM Ultra Short Municipal Bond ETF | 95 | Jun 24, 2024 | EVSM vs PUSH | |
| iShares Short-Term California Muni Active ETF | 95 | Oct 4, 2007 | EVSM vs CALI |
Top Performing EVSM Alternatives (YTD)
EVSM alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 1.20% | Sep 30, 2019 | EVSM vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 1.00% | Jun 4, 2013 | EVSM vs RVNU | |
| X-Square Municipal Income Tax Free ETF | 0.90% | May 18, 2023 | EVSM vs ZTAX | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.72% | Jul 23, 2024 | EVSM vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | 0.64% | Nov 1, 2018 | EVSM vs FUMB |
Lowest Volatility Alternatives to EVSM
EVSM alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | Mar 20, 2018 | EVSM vs IBMM | |
| First Trust Ultra Short Duration Municipal ETF | 1.03% | Nov 1, 2018 | EVSM vs FUMB | |
| iShares Short-Term California Muni Active ETF | 1.09% | Oct 4, 2007 | EVSM vs CALI | |
| abrdn Ultra Short Municipal Income Active ETF | 1.12% | Oct 20, 2025 | EVSM vs AMUN | |
| Goldman Sachs Ultra Short Municipal Income ETF | 1.15% | Jul 23, 2024 | EVSM vs GUMI |
Lowest Drawdown Alternatives to EVSM
EVSM alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | -0.48% | Jul 23, 2024 | EVSM vs GUMI | |
| First Trust Ultra Short Duration Municipal ETF | -0.60% | Nov 1, 2018 | EVSM vs FUMB | |
| iShares Short-Term California Muni Active ETF | -0.78% | Oct 4, 2007 | EVSM vs CALI | |
| PGIM Ultra Short Municipal Bond ETF | -0.85% | Jun 24, 2024 | EVSM vs PUSH | |
| iShares Short Maturity Municipal Bond ETF | -0.86% | Mar 3, 2015 | EVSM vs MEAR |
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 | EVSM vs EVTR | |
| Eaton Vance Short Duration Income ETF | Short-Term Bond | 97 | 0.10% | Mar 31, 1992 | EVSM vs EVSD | |
| Eaton Vance Floating-Rate ETF | Bank Loan | 80 | -0.98% | Feb 6, 2024 | EVSM vs EVLN | |
| Eaton Vance Ultra-Short Income ETF | Ultrashort Bond | 99 | 0.90% | Oct 16, 2023 | EVSM vs EVSB | |
| Eaton Vance High Yield ETF | High Yield Bonds | 82 | -0.49% | Oct 16, 2023 | EVSM vs EVHY | |
| Eaton Vance Intermediate Municipal Income ETF | Municipal Bonds | 69 | -0.16% | Oct 16, 2023 | EVSM vs EVIM | |
| Eaton Vance Mortgage Opportunities ETF | Mortgage Backed Securities | — | 0.38% | Aug 4, 2025 | EVSM vs EVMO | |
| Eaton Vance Income Opportunities ETF | Multisector Bonds | — | 0.15% | Nov 10, 2025 | EVSM vs XAGG |
Often Compared With EVSM
What investors most often compare with EVSM, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares Short-Term National Muni Bond ETF | Municipal Bonds | 92 | 0.23% | Nov 5, 2008 | EVSM vs SUB | |
| VanEck Vectors Biotech ETF | Health & Biotech Equities | 55 | -0.66% | Dec 20, 2011 | EVSM vs BBH | |
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 0.86% | May 26, 2020 | EVSM vs SGOV | |
| iShares National AMT-Free Muni Bond ETF | Municipal Bonds | 54 | -0.37% | Sep 7, 2007 | EVSM vs MUB |
Compare EVSM with Any Fund or Stock
Compare EVSM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.