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EVN vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EVN and VOO is 0.10, 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.


-0.50.00.51.00.1

Performance

EVN vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Municipal Income Trust (EVN) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
0.09%
8.46%
EVN
VOO

Key characteristics

Sharpe Ratio

EVN:

0.99

VOO:

2.21

Sortino Ratio

EVN:

1.44

VOO:

2.92

Omega Ratio

EVN:

1.17

VOO:

1.41

Calmar Ratio

EVN:

0.41

VOO:

3.34

Martin Ratio

EVN:

2.60

VOO:

14.07

Ulcer Index

EVN:

3.70%

VOO:

2.01%

Daily Std Dev

EVN:

9.76%

VOO:

12.80%

Max Drawdown

EVN:

-56.95%

VOO:

-33.99%

Current Drawdown

EVN:

-15.28%

VOO:

-1.36%

Returns By Period

In the year-to-date period, EVN achieves a 1.80% return, which is significantly lower than VOO's 1.98% return. Over the past 10 years, EVN has underperformed VOO with an annualized return of 2.27%, while VOO has yielded a comparatively higher 13.37% annualized return.


EVN

YTD

1.80%

1M

3.65%

6M

0.09%

1Y

10.42%

5Y*

-0.04%

10Y*

2.27%

VOO

YTD

1.98%

1M

1.13%

6M

8.46%

1Y

25.58%

5Y*

14.35%

10Y*

13.37%

*Annualized

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Risk-Adjusted Performance

EVN vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EVN
The Risk-Adjusted Performance Rank of EVN is 6969
Overall Rank
The Sharpe Ratio Rank of EVN is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of EVN is 7070
Sortino Ratio Rank
The Omega Ratio Rank of EVN is 6666
Omega Ratio Rank
The Calmar Ratio Rank of EVN is 6464
Calmar Ratio Rank
The Martin Ratio Rank of EVN is 7070
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 8383
Overall Rank
The Sharpe Ratio Rank of VOO is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 8181
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 8383
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 8383
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EVN vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Municipal Income Trust (EVN) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for EVN, currently valued at 0.99, compared to the broader market-2.000.002.004.000.992.21
The chart of Sortino ratio for EVN, currently valued at 1.44, compared to the broader market-4.00-2.000.002.004.006.001.442.92
The chart of Omega ratio for EVN, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.41
The chart of Calmar ratio for EVN, currently valued at 0.41, compared to the broader market0.002.004.006.000.413.34
The chart of Martin ratio for EVN, currently valued at 2.60, compared to the broader market-10.000.0010.0020.0030.002.6014.07
EVN
VOO

The current EVN Sharpe Ratio is 0.99, which is lower than the VOO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of EVN and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
0.99
2.21
EVN
VOO

Dividends

EVN vs. VOO - Dividend Comparison

EVN's dividend yield for the trailing twelve months is around 5.73%, more than VOO's 1.22% yield.


TTM20242023202220212020201920182017201620152014
EVN
Eaton Vance Municipal Income Trust
5.73%5.76%4.83%5.62%4.17%4.21%4.42%5.48%5.35%6.08%6.47%6.71%
VOO
Vanguard S&P 500 ETF
1.22%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

EVN vs. VOO - Drawdown Comparison

The maximum EVN drawdown since its inception was -56.95%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for EVN and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-15.28%
-1.36%
EVN
VOO

Volatility

EVN vs. VOO - Volatility Comparison

The current volatility for Eaton Vance Municipal Income Trust (EVN) is 3.41%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.05%. This indicates that EVN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember2025
3.41%
5.05%
EVN
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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