Eaton Vance High Income Municipal ETF (EVYM) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVYM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EVYM
EVYM charges 0.40% annually. There are 8 ETFs in the High Yield Muni category with lower expense ratios, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 26.19M | Nov 2025 | EVYM vs THYM | |
| Capital Group Municipal High-Income ETF | 0.34% | 3.23B | Jun 2024 | EVYM vs CGHM | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 791.51M | Mar 2021 | EVYM vs SHYM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 291.95M | Jul 2023 | EVYM vs JMHI | |
| Nuveen High Yield Municipal Income ETF | 0.35% | 136.17M | Jan 2025 | EVYM vs NHYM |
Best Risk-Adjusted Alternatives to EVYM
EVYM has a PortfoliosLab risk / return rank of 93. There is 1 ETF in the High Yield Muni category with a higher risk-adjusted rank, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Rockefeller Opportunistic Municipal Bond ETF | 93 | 209.80M | Aug 2024 | EVYM vs RMOP | |
| Capital Group Municipal High-Income ETF | 91 | 3.23B | Jun 2024 | EVYM vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | 87 | 133.54M | Dec 2022 | EVYM vs IROC | |
| Nuveen High Yield Municipal Income ETF | 86 | 136.17M | Jan 2025 | EVYM vs NHYM | |
| Nomura National High-Yield Municipal Bond ETF | 83 | 30.14M | Mar 2025 | EVYM vs HTAX |
Top Performing EVYM Alternatives (YTD)
EVYM is at 2.72% YTD. There is 1 ETF in the High Yield Muni category with a higher YTD return, going as high as 3.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rockefeller Opportunistic Municipal Bond ETF | 3.13% | 209.80M | Aug 2024 | EVYM vs RMOP | |
| Nomura National High-Yield Municipal Bond ETF | 2.49% | 30.14M | Mar 2025 | EVYM vs HTAX | |
| Invesco Rochester High Yield Municipal ETF | 2.41% | 133.54M | Dec 2022 | EVYM vs IROC | |
| Franklin Municipal High Yield ETF | 2.36% | 565.53M | May 2018 | EVYM vs FTMH | |
| iShares High Yield Muni Active ETF | 2.34% | — | Feb 2025 | EVYM vs HIMU |
Lowest Volatility Alternatives to EVYM
EVYM has 3.73% 1-year volatility. There are 5 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.68% | 5.02M | Apr 2025 | EVYM vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.80% | 791.51M | Mar 2021 | EVYM vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.07% | 133.54M | Dec 2022 | EVYM vs IROC | |
| Capital Group Municipal High-Income ETF | 3.13% | 3.23B | Jun 2024 | EVYM vs CGHM | |
| JPMorgan High Yield Municipal ETF | 3.24% | 291.95M | Jul 2023 | EVYM vs JMHI |
Lowest Drawdown Alternatives to EVYM
EVYM has a 1-year max drawdown of -2.77%. There are 5 ETFs in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 791.51M | Mar 2021 | EVYM vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.23B | Jun 2024 | EVYM vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 133.54M | Dec 2022 | EVYM vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | EVYM vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 5.02M | Apr 2025 | EVYM vs WTMY |
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 | 33 | -0.42% | 5.65B | Nov 1984 | EVYM vs EVTR | |
| Eaton Vance Short Duration Income ETF | Short-Term Bond | 91 | 1.08% | 1.35B | Mar 1992 | EVYM vs EVSD | |
| Eaton Vance Floating-Rate ETF | Bank Loan | 76 | 1.55% | 1.40B | Feb 2024 | EVYM vs EVLN | |
| Eaton Vance Ultra-Short Income ETF | Ultrashort Bond | 99 | 2.27% | 244.87M | Oct 2023 | EVYM vs EVSB | |
| Eaton Vance High Yield ETF | High Yield Bonds | 73 | 1.65% | 23.30M | Oct 2023 | EVYM vs EVHY | |
| Eaton Vance Income Opportunities ETF | Multisector Bonds | — | 2.19% | — | Nov 2025 | EVYM vs XAGG | |
| Eaton Vance Mortgage Opportunities ETF | Mortgage Backed Securities | — | 0.65% | — | Aug 2025 | EVYM vs EVMO | |
| Eaton Vance Intermediate Municipal Income ETF | Municipal Bonds | 76 | 0.54% | 266.12M | Oct 2023 | EVYM vs EVIM | |
| Eaton Vance Short Duration Municipal Income ETF | Municipal Bonds | 84 | 1.05% | 780.62M | Dec 2018 | EVYM vs EVSM | |
| Eaton Vance Preferred Securities and Income ETF | Preferred Stock | — | — | 36.71M | Mar 2026 | EVYM vs EVPF |
Often Compared With EVYM
Investors most often compare EVYM with CVSB, YYYM, XMPT. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare EVYM with Any Fund or Stock
Compare EVYM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EVYM with funds that move differently
Eaton Vance High Income Municipal ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVYM.
Explore EVYM Diversifiers