CXH vs. ETX
Compare and contrast key facts about MFS Investment Grade Municipal Trust (CXH) and Eaton Vance Municipal Income 2028 Term Trust (ETX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CXH or ETX.
Key characteristics
| CXH | ETX | |
|---|---|---|
| YTD Return | 10.72% | 10.82% |
| 1Y Return | 19.40% | 12.28% |
| 3Y Return (Ann) | -2.63% | -1.54% |
| 5Y Return (Ann) | 0.72% | 1.35% |
| 10Y Return (Ann) | 3.49% | 5.11% |
| Sharpe Ratio | 2.71 | 1.61 |
| Sortino Ratio | 3.94 | 2.49 |
| Omega Ratio | 1.51 | 1.31 |
| Calmar Ratio | 0.75 | 0.71 |
| Martin Ratio | 14.81 | 10.97 |
| Ulcer Index | 1.36% | 1.34% |
| Daily Std Dev | 7.40% | 9.10% |
| Max Drawdown | -49.10% | -32.09% |
| Current Drawdown | -12.59% | -10.79% |
Fundamentals
| CXH | ETX | |
|---|---|---|
| Market Cap | $65.76M | $200.87M |
| EPS | $0.26 | $0.77 |
| PE Ratio | 30.85 | 23.96 |
| PEG Ratio | 0.00 | 0.00 |
Correlation
The correlation between CXH and ETX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CXH vs. ETX - Performance Comparison
The year-to-date returns for both investments are quite close, with CXH having a 10.72% return and ETX slightly higher at 10.82%. Over the past 10 years, CXH has underperformed ETX with an annualized return of 3.49%, while ETX has yielded a comparatively higher 5.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CXH vs. ETX - Risk-Adjusted Performance 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.
Dividends
CXH vs. ETX - Dividend Comparison
CXH's dividend yield for the trailing twelve months is around 3.81%, less than ETX's 4.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXH MFS Investment Grade Municipal Trust | 3.81% | 3.63% | 4.76% | 4.77% | 4.79% | 4.67% | 5.28% | 4.92% | 5.24% | 5.15% | 5.62% | 6.39% |
ETX Eaton Vance Municipal Income 2028 Term Trust | 4.86% | 4.15% | 4.63% | 3.96% | 3.61% | 3.89% | 4.83% | 4.45% | 4.34% | 4.61% | 4.87% | 3.40% |
Drawdowns
CXH vs. ETX - Drawdown Comparison
The maximum CXH drawdown since its inception was -49.10%, which is greater than ETX's maximum drawdown of -32.09%. Use the drawdown chart below to compare losses from any high point for CXH and ETX. For additional features, visit the drawdowns tool.
Volatility
CXH vs. ETX - Volatility Comparison
MFS Investment Grade Municipal Trust (CXH) has a higher volatility of 2.65% compared to Eaton Vance Municipal Income 2028 Term Trust (ETX) at 2.09%. This indicates that CXH's price experiences larger fluctuations and is considered to be riskier than ETX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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