EVMO vs. MBSX
EVMO (Eaton Vance Mortgage Opportunities ETF) and MBSX (Regan Fixed Rate MBS ETF) are both Mortgage Backed Securities funds. Both are actively managed. At a correlation of -0.08, they often move in opposite directions. EVMO charges 0.45%/yr vs 0.40%/yr for MBSX.
Performance
EVMO vs. MBSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EVMO achieves a 0.83% return, which is significantly higher than MBSX's -1.98% return.
EVMO
- 1D
- 0.10%
- 1M
- 0.18%
- YTD
- 0.83%
- 6M
- 1.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MBSX
- 1D
- -7.71%
- 1M
- -4.80%
- YTD
- -1.98%
- 6M
- -1.53%
- 1Y
- 4.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVMO vs. MBSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EVMO Eaton Vance Mortgage Opportunities ETF | 0.83% | 3.33% |
MBSX Regan Fixed Rate MBS ETF | -1.98% | 4.16% |
Correlation
The correlation between EVMO and MBSX is -0.08, 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 (All Time) Calculated using the full available price history since Aug 5, 2025 | -0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EVMO vs. MBSX — Risk / Return Rank
EVMO
MBSX
EVMO vs. MBSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Mortgage Opportunities ETF (EVMO) and Regan Fixed Rate MBS ETF (MBSX). 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.
Loading charts...
Sharpe Ratios by Period
| EVMO | MBSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.79 | 0.10 | +1.69 |
Drawdowns
EVMO vs. MBSX - Drawdown Comparison
The maximum EVMO drawdown since its inception was -1.89%, smaller than the maximum MBSX drawdown of -27.57%. Use the drawdown chart below to compare losses from any high point for EVMO and MBSX.
Loading charts...
Drawdown Indicators
| EVMO | MBSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.89% | -27.57% | +25.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -27.57% | — |
Current DrawdownCurrent decline from peak | -0.81% | -26.68% | +25.87% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -6.10% | +5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.85% | — |
Volatility
EVMO vs. MBSX - Volatility Comparison
Loading charts...
Volatility by Period
| EVMO | MBSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 42.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 51.45% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.82% | 53.97% | -51.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.82% | 55.11% | -52.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.82% | 55.11% | -52.29% |
EVMO vs. MBSX - Expense Ratio Comparison
EVMO has a 0.45% expense ratio, which is higher than MBSX's 0.40% expense ratio.
Dividends
EVMO vs. MBSX - Dividend Comparison
EVMO's dividend yield for the trailing twelve months is around 4.07%, more than MBSX's 3.64% yield.
| Position | TTM | 2025 |
|---|---|---|
EVMO Eaton Vance Mortgage Opportunities ETF | 4.07% | 1.95% |
MBSX Regan Fixed Rate MBS ETF | 3.64% | 2.77% |
Frequently Asked Questions
EVMO and MBSX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MBSX is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MBSX is cheaper with a 0.40% expense ratio, compared with 0.45% for EVMO.
EVMO has the higher dividend yield at 4.07%, compared with 3.64% for MBSX.
They also come from different issuers: Eaton Vance and Regan. Their fees differ too: 0.45% for EVMO and 0.40% for MBSX.
Find the right allocation for EVMO and MBSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer