EOT vs. VWAHX
Compare and contrast key facts about Eaton Vance National Municipal Opportunities Trust (EOT) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX).
VWAHX is managed by Vanguard. It was launched on Dec 27, 1978.
Performance
EOT vs. VWAHX - Performance Comparison
Loading graphics...
EOT vs. VWAHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EOT Eaton Vance National Municipal Opportunities Trust | 1.89% | 7.97% | 1.90% | 7.67% | -22.32% | 11.41% | -1.56% | 21.98% | -12.85% | 14.10% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | -0.27% | 4.96% | 3.98% | 8.39% | -11.76% | 3.36% | 5.39% | 9.48% | 1.31% | 7.86% |
Returns By Period
In the year-to-date period, EOT achieves a 1.89% return, which is significantly higher than VWAHX's -0.27% return. Over the past 10 years, EOT has underperformed VWAHX with an annualized return of 1.91%, while VWAHX has yielded a comparatively higher 2.99% annualized return.
EOT
- 1D
- -0.53%
- 1M
- -2.31%
- YTD
- 1.89%
- 6M
- 4.57%
- 1Y
- 6.40%
- 3Y*
- 3.55%
- 5Y*
- -1.05%
- 10Y*
- 1.91%
VWAHX
- 1D
- 0.38%
- 1M
- -2.23%
- YTD
- -0.27%
- 6M
- 1.32%
- 1Y
- 3.98%
- 3Y*
- 4.54%
- 5Y*
- 1.48%
- 10Y*
- 2.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EOT vs. VWAHX — Risk / Return Rank
EOT
VWAHX
EOT vs. VWAHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance National Municipal Opportunities Trust (EOT) and Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX). 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 | VWAHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 0.78 | -0.20 |
Sortino ratioReturn per unit of downside risk | 0.94 | 1.06 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.22 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.95 | +0.07 |
Martin ratioReturn relative to average drawdown | 3.26 | 2.94 | +0.33 |
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
| EOT | VWAHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 0.78 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.31 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.65 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.64 | -0.33 |
Correlation
The correlation between EOT and VWAHX is 0.23, 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.
Dividends
EOT vs. VWAHX - Dividend Comparison
EOT's dividend yield for the trailing twelve months is around 4.81%, more than VWAHX's 4.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EOT Eaton Vance National Municipal Opportunities Trust | 4.81% | 4.85% | 4.77% | 4.43% | 4.56% | 3.44% | 3.80% | 4.73% | 6.13% | 5.12% | 5.97% | 4.83% |
VWAHX Vanguard High-Yield Tax-Exempt Fund Investor Shares | 4.06% | 4.95% | 4.38% | 3.53% | 3.36% | 2.98% | 3.31% | 3.94% | 3.78% | 3.68% | 3.75% | 3.67% |
Drawdowns
EOT vs. VWAHX - Drawdown Comparison
The maximum EOT drawdown since its inception was -33.25%, smaller than the maximum VWAHX drawdown of -40.26%. Use the drawdown chart below to compare losses from any high point for EOT and VWAHX.
Loading graphics...
Drawdown Indicators
| EOT | VWAHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.25% | -40.26% | +7.01% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -5.63% | -1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -33.25% | -17.32% | -15.93% |
Max Drawdown (10Y)Largest decline over 10 years | -33.25% | -17.32% | -15.93% |
Current DrawdownCurrent decline from peak | -13.55% | -2.50% | -11.05% |
Average DrawdownAverage peak-to-trough decline | -10.70% | -6.95% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 1.82% | +0.46% |
Volatility
EOT vs. VWAHX - Volatility Comparison
Eaton Vance National Municipal Opportunities Trust (EOT) has a higher volatility of 5.83% compared to Vanguard High-Yield Tax-Exempt Fund Investor Shares (VWAHX) at 1.29%. This indicates that EOT's price experiences larger fluctuations and is considered to be riskier than VWAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EOT | VWAHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 1.29% | +4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 1.99% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.05% | 5.70% | +5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.87% | 4.75% | +9.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.74% | 4.61% | +10.13% |