EOT vs. BYM

Last updated Jun 4, 2026

EOT (Eaton Vance National Municipal Opportunities Trust) and BYM (BlackRock Municipal Income Quality Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. At a 0.36 correlation, their price movements are largely independent.

Performance

EOT vs. BYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance National Municipal Opportunities Trust (EOT) and BlackRock Municipal Income Quality Trust (BYM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EOT

• 1D: -0.47%
• 1M: -0.31%
• YTD: 1.57%
• 6M: 4.27%
• 1Y: 9.28%
• 3Y*: 3.21%
• 5Y*: -1.42%
• 10Y*: 1.58%

BYM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EOT vs. BYM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EOT Eaton Vance National Municipal Opportunities Trust	1.57%	7.97%	1.90%	7.67%	-22.32%	11.41%	-1.56%	21.98%	-12.85%	14.10%
BYM BlackRock Municipal Income Quality Trust	2.02%	7.27%	2.29%	3.11%	-23.42%	7.62%	12.74%	17.64%	-7.54%	7.71%

Correlation

The correlation between EOT and BYM is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 28, 2009	0.36

The correlation between EOT and BYM shifts across timeframes, from 0.27 (1 year) to 0.44 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS EOT : $1.69 BYM : -$0.14
PS Ratio EOT : 10.02 BYM : 6.24
Total Revenue (TTM) EOT : $26.26M BYM : $45.89M
Gross Profit (TTM) EOT : $13.95M BYM : $41.83M
EBITDA (TTM) EOT : $39.10M BYM : $11.98M

Return for Risk

EOT vs. BYM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EOT

EOT Risk / Return Rank: 67
EOT Sharpe Ratio Rank: 70
EOT Sortino Ratio Rank: 66
EOT Omega Ratio Rank: 63
EOT Calmar Ratio Rank: 66
EOT Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EOT vs. BYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance National Municipal Opportunities Trust (EOT) and BlackRock Municipal Income Quality Trust (BYM). 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.

	EOT	BYM	Difference
Sharpe ratio Return per unit of total volatility	0.95	—	—
Sortino ratio Return per unit of downside risk	1.53	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.28	—	—
Martin ratio Return relative to average drawdown	4.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EOT	BYM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

Drawdown Indicators

	EOT	BYM	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.25%	—	—
Current Drawdown Current decline from peak	-13.82%	—	—
Average Drawdown Average peak-to-trough decline	-10.73%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	—	—

Volatility

Volatility by Period

	EOT	BYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.81%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	—	—

Dividends

EOT vs. BYM - Dividend Comparison

EOT's dividend yield for the trailing twelve months is around 4.87%, more than BYM's 4.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BYM BlackRock Municipal Income Quality Trust	4.52%	6.09%	5.89%	4.20%	5.74%	4.46%	3.99%	4.27%	5.23%	5.33%	5.84%	5.77%
EOT Eaton Vance National Municipal Opportunities Trust	4.87%	4.85%	4.77%	4.43%	4.56%	3.44%	3.80%	4.73%	6.13%	5.12%	5.97%	4.83%

Financials

Frequently Asked Questions

Can I hold both EOT and BYM in my portfolio?

EOT and BYM have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.