ECHMX vs. EISMX
Compare and contrast key facts about Eaton Vance National Municipal Income Fund (ECHMX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX).
ECHMX is managed by Eaton Vance. It was launched on Dec 2, 1993. EISMX is managed by Eaton Vance. It was launched on Apr 30, 2002.
Performance
ECHMX vs. EISMX - Performance Comparison
Loading graphics...
ECHMX vs. EISMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ECHMX Eaton Vance National Municipal Income Fund | -0.61% | 2.64% | 1.45% | 6.36% | -10.60% | 0.70% | 5.01% | 7.51% | 1.02% | 3.90% |
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund | -6.70% | -5.66% | 17.64% | 14.01% | -8.77% | 22.02% | 11.31% | 34.37% | -5.55% | 24.71% |
Returns By Period
In the year-to-date period, ECHMX achieves a -0.61% return, which is significantly higher than EISMX's -6.70% return. Over the past 10 years, ECHMX has underperformed EISMX with an annualized return of 1.59%, while EISMX has yielded a comparatively higher 9.47% annualized return.
ECHMX
- 1D
- 0.22%
- 1M
- -2.70%
- YTD
- -0.61%
- 6M
- 0.81%
- 1Y
- 2.75%
- 3Y*
- 2.29%
- 5Y*
- -0.07%
- 10Y*
- 1.59%
EISMX
- 1D
- 0.53%
- 1M
- -9.55%
- YTD
- -6.70%
- 6M
- -7.34%
- 1Y
- -7.69%
- 3Y*
- 5.35%
- 5Y*
- 3.91%
- 10Y*
- 9.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ECHMX vs. EISMX - Expense Ratio Comparison
ECHMX has a 1.39% expense ratio, which is higher than EISMX's 0.88% expense ratio.
Return for Risk
ECHMX vs. EISMX — Risk / Return Rank
ECHMX
EISMX
ECHMX vs. EISMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance National Municipal Income Fund (ECHMX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX). 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.
| ECHMX | EISMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | -0.38 | +1.00 |
Sortino ratioReturn per unit of downside risk | 0.86 | -0.44 | +1.30 |
Omega ratioGain probability vs. loss probability | 1.17 | 0.95 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.70 | -0.56 | +1.26 |
Martin ratioReturn relative to average drawdown | 1.87 | -1.28 | +3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ECHMX | EISMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | -0.38 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.23 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.50 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.52 | +0.10 |
Correlation
The correlation between ECHMX and EISMX is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
ECHMX vs. EISMX - Dividend Comparison
ECHMX's dividend yield for the trailing twelve months is around 3.03%, less than EISMX's 6.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECHMX Eaton Vance National Municipal Income Fund | 3.03% | 3.76% | 3.29% | 2.41% | 2.27% | 1.38% | 1.92% | 2.76% | 2.86% | 2.90% | 3.07% | 3.14% |
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund | 6.89% | 6.43% | 7.26% | 2.78% | 10.37% | 10.49% | 9.80% | 6.52% | 7.20% | 3.30% | 3.58% | 6.70% |
Drawdowns
ECHMX vs. EISMX - Drawdown Comparison
The maximum ECHMX drawdown since its inception was -40.96%, smaller than the maximum EISMX drawdown of -45.32%. Use the drawdown chart below to compare losses from any high point for ECHMX and EISMX.
Loading graphics...
Drawdown Indicators
| ECHMX | EISMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.96% | -45.32% | +4.36% |
Max Drawdown (1Y)Largest decline over 1 year | -5.46% | -14.66% | +9.20% |
Max Drawdown (5Y)Largest decline over 5 years | -16.32% | -19.81% | +3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -16.32% | -39.95% | +23.63% |
Current DrawdownCurrent decline from peak | -2.70% | -17.06% | +14.36% |
Average DrawdownAverage peak-to-trough decline | -3.95% | -5.77% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 6.38% | -4.33% |
Volatility
ECHMX vs. EISMX - Volatility Comparison
The current volatility for Eaton Vance National Municipal Income Fund (ECHMX) is 1.25%, while Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX) has a volatility of 4.16%. This indicates that ECHMX experiences smaller price fluctuations and is considered to be less risky than EISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ECHMX | EISMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 4.16% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 1.90% | 11.11% | -9.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.64% | 18.89% | -13.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.56% | 17.07% | -12.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.33% | 18.82% | -14.49% |