ETX vs. CXH
ETX (Eaton Vance Municipal Income 2028 Term Trust) and CXH (MFS Investment Grade Municipal Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. At a 0.25 correlation, their price movements are largely independent.
Performance
ETX vs. CXH - Performance Comparison
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Returns By Period
ETX
- 1D
- -0.35%
- 1M
- -0.36%
- 6M
- 2.03%
- YTD
- 2.29%
- 1Y
- 8.35%
- 3Y*
- 6.91%
- 5Y*
- 0.45%
- 10Y*
- 3.28%
CXH
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETX vs. CXH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETX Eaton Vance Municipal Income 2028 Term Trust | 2.29% | 11.72% | 6.87% | 1.32% | -13.52% | -4.67% | 11.31% | 19.57% | -3.74% | 10.22% |
CXH MFS Investment Grade Municipal Trust | 0.24% | 4.39% | 9.77% | 10.39% | -27.91% | 10.50% | 5.37% | 16.63% | -4.89% | 8.75% |
Correlation
The correlation between ETX and CXH is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2013 | 0.25 |
Over the past year, the correlation between ETX and CXH has dropped to 0.03 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
ETX:
$202.28M
CXH:
$62.57M
ETX:
$1.37
CXH:
$1.19
ETX:
13.58
CXH:
6.39
ETX:
0.60
CXH:
0.12
ETX:
10.76
CXH:
6.59
ETX:
$18.81M
CXH:
$9.50M
ETX:
$8.18M
CXH:
$8.34M
ETX:
$16.49M
CXH:
$15.00M
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Return for Risk
ETX vs. CXH — Risk / Return Rank
ETX
CXH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ETX vs. CXH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Municipal Income 2028 Term Trust (ETX) and MFS Investment Grade Municipal Trust (CXH). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ETX | CXH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | — | — |
| Martin ratioReturn relative to average drawdown | 3.81 | — | — |
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Drawdowns
ETX vs. CXH - Drawdown Comparison
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Drawdown Indicators
| ETX | CXH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.09% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -4.93% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.16% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -25.18% | — | — |
Current DrawdownCurrent decline from peak | -2.12% | — | — |
Average DrawdownAverage peak-to-trough decline | -8.10% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | — | — |
Volatility
ETX vs. CXH - Volatility Comparison
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Volatility by Period
| ETX | CXH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.11% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | — | — |
Dividends
ETX vs. CXH - Dividend Comparison
ETX's dividend yield for the trailing twelve months is around 5.05%, less than CXH's 6.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXH MFS Investment Grade Municipal Trust | 6.69% | 4.70% | 3.84% | 3.63% | 4.75% | 4.77% | 4.77% | 4.63% | 5.28% | 4.90% | 5.19% | 5.14% |
ETX Eaton Vance Municipal Income 2028 Term Trust | 5.05% | 5.02% | 5.33% | 4.15% | 4.62% | 3.96% | 3.60% | 3.88% | 4.46% | 4.11% | 4.33% | 4.60% |
Financials
ETX vs. CXH - Financials Comparison
This section allows you to compare key financial metrics between Eaton Vance Municipal Income 2028 Term Trust and MFS Investment Grade Municipal 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
Frequently Asked Questions
ETX and CXH have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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