ETX vs. CXH
Compare and contrast key facts about Eaton Vance Municipal Income 2028 Term Trust (ETX) and MFS Investment Grade Municipal Trust (CXH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETX or CXH.
Key characteristics
| ETX | CXH | |
|---|---|---|
| YTD Return | 10.82% | 10.72% |
| 1Y Return | 12.28% | 19.40% |
| 3Y Return (Ann) | -1.54% | -2.63% |
| 5Y Return (Ann) | 1.35% | 0.72% |
| 10Y Return (Ann) | 5.11% | 3.49% |
| Sharpe Ratio | 1.61 | 2.71 |
| Sortino Ratio | 2.49 | 3.94 |
| Omega Ratio | 1.31 | 1.51 |
| Calmar Ratio | 0.71 | 0.75 |
| Martin Ratio | 10.97 | 14.81 |
| Ulcer Index | 1.34% | 1.36% |
| Daily Std Dev | 9.10% | 7.40% |
| Max Drawdown | -32.09% | -49.10% |
| Current Drawdown | -10.79% | -12.59% |
Fundamentals
| ETX | CXH | |
|---|---|---|
| Market Cap | $200.87M | $65.76M |
| EPS | $0.77 | $0.26 |
| PE Ratio | 23.96 | 30.85 |
| PEG Ratio | 0.00 | 0.00 |
Correlation
The correlation between ETX and CXH is 0.27, 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.
Performance
ETX vs. CXH - Performance Comparison
The year-to-date returns for both stocks are quite close, with ETX having a 10.82% return and CXH slightly lower at 10.72%. Over the past 10 years, ETX has outperformed CXH with an annualized return of 5.11%, while CXH has yielded a comparatively lower 3.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ETX vs. CXH - Risk-Adjusted Performance 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.
Dividends
ETX vs. CXH - Dividend Comparison
ETX's dividend yield for the trailing twelve months is around 4.86%, more than CXH's 3.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETX Eaton Vance Municipal Income 2028 Term Trust | 4.86% | 4.15% | 4.63% | 3.96% | 3.61% | 3.89% | 4.83% | 4.45% | 4.34% | 4.61% | 4.87% | 3.40% |
CXH MFS Investment Grade Municipal Trust | 3.81% | 3.63% | 4.76% | 4.77% | 4.79% | 4.67% | 5.28% | 4.92% | 5.24% | 5.15% | 5.62% | 6.39% |
Drawdowns
ETX vs. CXH - Drawdown Comparison
The maximum ETX drawdown since its inception was -32.09%, smaller than the maximum CXH drawdown of -49.10%. Use the drawdown chart below to compare losses from any high point for ETX and CXH. For additional features, visit the drawdowns tool.
Volatility
ETX vs. CXH - Volatility Comparison
The current volatility for Eaton Vance Municipal Income 2028 Term Trust (ETX) is 2.09%, while MFS Investment Grade Municipal Trust (CXH) has a volatility of 2.65%. This indicates that ETX experiences smaller price fluctuations and is considered to be less risky than CXH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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