ETOHX vs. VOHIX
Compare and contrast key facts about Eaton Vance Ohio Municipal Income Fund (ETOHX) and Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX).
ETOHX is managed by Eaton Vance. It was launched on Dec 6, 1993. VOHIX is managed by Vanguard. It was launched on Jun 18, 1990.
Performance
ETOHX vs. VOHIX - Performance Comparison
Loading graphics...
ETOHX vs. VOHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETOHX Eaton Vance Ohio Municipal Income Fund | -0.51% | 4.00% | 1.45% | 4.85% | -8.30% | 0.94% | 5.43% | 8.09% | 0.88% | 4.54% |
VOHIX Vanguard Ohio Long-Term Tax-Exempt Fund | -0.61% | 5.07% | 2.76% | 7.03% | -11.01% | 1.72% | 7.04% | 8.34% | 0.96% | 6.33% |
Returns By Period
In the year-to-date period, ETOHX achieves a -0.51% return, which is significantly higher than VOHIX's -0.61% return. Over the past 10 years, ETOHX has underperformed VOHIX with an annualized return of 1.92%, while VOHIX has yielded a comparatively higher 2.52% annualized return.
ETOHX
- 1D
- 0.25%
- 1M
- -2.16%
- YTD
- -0.51%
- 6M
- 0.71%
- 1Y
- 3.04%
- 3Y*
- 2.47%
- 5Y*
- 0.50%
- 10Y*
- 1.92%
VOHIX
- 1D
- 0.26%
- 1M
- -2.37%
- YTD
- -0.61%
- 6M
- 1.17%
- 1Y
- 4.09%
- 3Y*
- 3.71%
- 5Y*
- 0.96%
- 10Y*
- 2.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETOHX vs. VOHIX - Expense Ratio Comparison
ETOHX has a 0.70% expense ratio, which is higher than VOHIX's 0.13% expense ratio.
Return for Risk
ETOHX vs. VOHIX — Risk / Return Rank
ETOHX
VOHIX
ETOHX vs. VOHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Ohio Municipal Income Fund (ETOHX) and Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX). 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.
| ETOHX | VOHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.72 | 0.83 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.00 | 1.14 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 0.99 | -0.09 |
Martin ratioReturn relative to average drawdown | 3.03 | 3.15 | -0.12 |
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
| ETOHX | VOHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | 0.83 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.20 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.55 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 1.26 | -0.43 |
Correlation
The correlation between ETOHX and VOHIX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ETOHX vs. VOHIX - Dividend Comparison
ETOHX's dividend yield for the trailing twelve months is around 3.48%, less than VOHIX's 3.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETOHX Eaton Vance Ohio Municipal Income Fund | 3.48% | 4.24% | 3.62% | 2.42% | 2.81% | 2.56% | 2.77% | 3.40% | 3.11% | 3.42% | 3.58% | 3.73% |
VOHIX Vanguard Ohio Long-Term Tax-Exempt Fund | 3.63% | 4.43% | 3.92% | 3.05% | 2.73% | 2.78% | 3.39% | 3.93% | 3.51% | 3.70% | 3.75% | 3.84% |
Drawdowns
ETOHX vs. VOHIX - Drawdown Comparison
The maximum ETOHX drawdown since its inception was -21.71%, which is greater than VOHIX's maximum drawdown of -16.81%. Use the drawdown chart below to compare losses from any high point for ETOHX and VOHIX.
Loading graphics...
Drawdown Indicators
| ETOHX | VOHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.71% | -16.81% | -4.90% |
Max Drawdown (1Y)Largest decline over 1 year | -4.72% | -5.42% | +0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -13.00% | -16.81% | +3.81% |
Max Drawdown (10Y)Largest decline over 10 years | -13.00% | -16.81% | +3.81% |
Current DrawdownCurrent decline from peak | -2.40% | -2.70% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -2.45% | -1.89% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 1.70% | -0.30% |
Volatility
ETOHX vs. VOHIX - Volatility Comparison
The current volatility for Eaton Vance Ohio Municipal Income Fund (ETOHX) is 1.19%, while Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) has a volatility of 1.29%. This indicates that ETOHX experiences smaller price fluctuations and is considered to be less risky than VOHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETOHX | VOHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.29% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 1.74% | 1.93% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 5.56% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.84% | 4.70% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 4.61% | -0.43% |