CXH vs. ETX
CXH (MFS Investment Grade Municipal Trust) and ETX (Eaton Vance Municipal Income 2028 Term Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. At a 0.25 correlation, their price movements are largely independent.
Performance
CXH vs. ETX - Performance Comparison
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Returns By Period
CXH
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETX
- 1D
- 0.00%
- 1M
- -0.75%
- 6M
- 1.73%
- YTD
- 2.29%
- 1Y
- 8.29%
- 3Y*
- 6.76%
- 5Y*
- 0.45%
- 10Y*
- 3.19%
CXH vs. ETX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CXH MFS Investment Grade Municipal Trust | 0.24% | 4.39% | 9.77% | 10.39% | -27.91% | 10.50% | 5.37% | 16.63% | -4.89% | 8.75% |
ETX Eaton Vance Municipal Income 2028 Term Trust | 2.29% | 11.72% | 6.87% | 1.32% | -13.52% | -4.67% | 11.31% | 19.57% | -3.74% | 10.22% |
Correlation
The correlation between CXH and ETX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2013 | 0.25 |
Over the past year, the correlation between CXH and ETX has dropped to 0.03 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
CXH:
$62.57M
ETX:
$202.50M
CXH:
$1.19
ETX:
$1.37
CXH:
6.39
ETX:
13.58
CXH:
0.12
ETX:
0.60
CXH:
6.59
ETX:
10.76
CXH:
$9.50M
ETX:
$18.81M
CXH:
$8.34M
ETX:
$8.18M
CXH:
$15.00M
ETX:
$16.49M
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Return for Risk
CXH vs. ETX — Risk / Return Rank
CXH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ETX
CXH vs. ETX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Investment Grade Municipal Trust (CXH) and Eaton Vance Municipal Income 2028 Term Trust (ETX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CXH | ETX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.14 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.69 | — |
| Martin ratioReturn relative to average drawdown | — | 3.78 | — |
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Drawdowns
CXH vs. ETX - Drawdown Comparison
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Drawdown Indicators
| CXH | ETX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -32.09% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.18% | — |
Current DrawdownCurrent decline from peak | — | -2.12% | — |
Average DrawdownAverage peak-to-trough decline | — | -8.09% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.20% | — |
Volatility
CXH vs. ETX - Volatility Comparison
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Volatility by Period
| CXH | ETX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.44% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 11.27% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 13.10% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 14.44% | — |
Dividends
CXH vs. ETX - Dividend Comparison
CXH's dividend yield for the trailing twelve months is around 6.69%, more than ETX's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXH MFS Investment Grade Municipal Trust | 6.69% | 4.70% | 3.84% | 3.63% | 4.75% | 4.77% | 4.77% | 4.63% | 5.28% | 4.90% | 5.19% | 5.14% |
ETX Eaton Vance Municipal Income 2028 Term Trust | 5.05% | 5.02% | 5.33% | 4.15% | 4.62% | 3.96% | 3.60% | 3.88% | 4.46% | 4.11% | 4.33% | 4.60% |
Financials
CXH vs. ETX - Financials Comparison
This section allows you to compare key financial metrics between MFS Investment Grade Municipal Trust and Eaton Vance Municipal Income 2028 Term Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CXH and ETX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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