EVMO vs. JMTG

Last updated Apr 2, 2026

Compare and contrast key facts about Eaton Vance Mortgage Opportunities ETF (EVMO) and JPMorgan Mortgage-Backed Securities ETF (JMTG).

EVMO and JMTG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVMO is an actively managed fund by Eaton Vance. It was launched on Aug 4, 2025. JMTG is an actively managed fund by JPMorgan. It was launched on Aug 18, 2000.

Performance

EVMO vs. JMTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Mortgage Opportunities ETF (EVMO) and JPMorgan Mortgage-Backed Securities ETF (JMTG). The values are adjusted to include any dividend payments, if applicable.

EVMO vs. JMTG - Yearly Performance Comparison

	2026 (YTD)	2025
EVMO Eaton Vance Mortgage Opportunities ETF	0.38%	3.33%
JMTG JPMorgan Mortgage-Backed Securities ETF	0.60%	3.36%

Returns By Period

In the year-to-date period, EVMO achieves a 0.38% return, which is significantly lower than JMTG's 0.60% return.

EVMO

• 1D: 0.00%
• 1M: -1.11%
• YTD: 0.38%
• 6M: 2.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMTG

• 1D: 0.01%
• 1M: -1.21%
• YTD: 0.60%
• 6M: 1.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EVMO vs. JMTG - Expense Ratio Comparison

EVMO has a 0.45% expense ratio, which is higher than JMTG's 0.24% expense ratio.

EVMO

Eaton Vance Mortgage Opportunities ETF

JMTG

JPMorgan Mortgage-Backed Securities ETF

Return for Risk

EVMO vs. JMTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Mortgage Opportunities ETF (EVMO) and JPMorgan Mortgage-Backed Securities ETF (JMTG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EVMO	JMTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.06	1.65	+0.41

Correlation

The correlation between EVMO and JMTG is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EVMO vs. JMTG - Dividend Comparison

EVMO's dividend yield for the trailing twelve months is around 3.17%, which matches JMTG's 3.16% yield.

	TTM	2025
EVMO Eaton Vance Mortgage Opportunities ETF	3.17%	1.95%
JMTG JPMorgan Mortgage-Backed Securities ETF	3.16%	2.10%

Drawdowns

EVMO vs. JMTG - Drawdown Comparison

The maximum EVMO drawdown since its inception was -1.89%, smaller than the maximum JMTG drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for EVMO and JMTG.

Drawdown Indicators

	EVMO	JMTG	Difference
Max Drawdown Largest peak-to-trough decline	-1.89%	-2.64%	+0.75%
Current Drawdown Current decline from peak	-1.26%	-1.65%	+0.39%
Average Drawdown Average peak-to-trough decline	-0.25%	-0.46%	+0.21%

Volatility

Volatility by Period

	EVMO	JMTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.78%	3.67%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.78%	3.67%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.78%	3.67%	-0.89%