ETX vs. VTEB
Compare and contrast key facts about Eaton Vance Municipal Income 2028 Term Trust (ETX) and Vanguard Tax-Exempt Bond ETF (VTEB).
VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETX or VTEB.
Correlation
The correlation between ETX and VTEB is 0.25, 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. VTEB - Performance Comparison
Key characteristics
ETX:
1.04
VTEB:
0.34
ETX:
1.60
VTEB:
0.50
ETX:
1.19
VTEB:
1.06
ETX:
0.45
VTEB:
0.28
ETX:
5.35
VTEB:
1.37
ETX:
1.62%
VTEB:
0.96%
ETX:
8.34%
VTEB:
3.82%
ETX:
-32.08%
VTEB:
-17.00%
ETX:
-12.40%
VTEB:
-1.94%
Returns By Period
In the year-to-date period, ETX achieves a 8.81% return, which is significantly higher than VTEB's 0.96% return.
ETX
8.81%
-0.67%
-1.87%
8.25%
0.54%
4.80%
VTEB
0.96%
-0.67%
1.23%
1.26%
0.97%
N/A
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Risk-Adjusted Performance
ETX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Municipal Income 2028 Term Trust (ETX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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. VTEB - Dividend Comparison
ETX's dividend yield for the trailing twelve months is around 4.76%, more than VTEB's 2.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETX Eaton Vance Municipal Income 2028 Term Trust | 4.76% | 4.15% | 4.63% | 3.96% | 3.61% | 3.89% | 4.83% | 4.45% | 4.34% | 4.61% | 4.87% | 3.40% |
VTEB Vanguard Tax-Exempt Bond ETF | 2.87% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% | 0.00% |
Drawdowns
ETX vs. VTEB - Drawdown Comparison
The maximum ETX drawdown since its inception was -32.08%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for ETX and VTEB. For additional features, visit the drawdowns tool.
Volatility
ETX vs. VTEB - Volatility Comparison
Eaton Vance Municipal Income 2028 Term Trust (ETX) has a higher volatility of 1.64% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 1.17%. This indicates that ETX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.