EVPF vs. EVSB
EVPF (Eaton Vance Preferred Securities and Income ETF) and EVSB (Eaton Vance Ultra-Short Income ETF) are both exchange-traded funds - EVPF is a Preferred Stock/Convertible Bonds fund actively managed by Eaton Vance, while EVSB is a Ultrashort Bond fund actively managed by Eaton Vance. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. EVPF charges 0.39%/yr vs 0.17%/yr for EVSB.
Performance
EVPF vs. EVSB - Performance Comparison
Loading charts...
Returns By Period
EVPF
- 1D
- 0.00%
- 1M
- 0.75%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVSB
- 1D
- -0.01%
- 1M
- 0.40%
- YTD
- 1.66%
- 6M
- 2.00%
- 1Y
- 4.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVPF vs. EVSB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.16% |
EVSB Eaton Vance Ultra-Short Income ETF | 0.98% |
Correlation
The correlation between EVPF and EVSB is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 6, 2026 | 0.24 |
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
EVPF vs. EVSB — Risk / Return Rank
EVPF
EVSB
EVPF vs. EVSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Preferred Securities and Income ETF (EVPF) and Eaton Vance Ultra-Short Income ETF (EVSB). 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
| EVPF | EVSB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 6.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 6.94 | -5.82 |
Drawdowns
EVPF vs. EVSB - Drawdown Comparison
The maximum EVPF drawdown since its inception was -2.36%, which is greater than EVSB's maximum drawdown of -0.31%. Use the drawdown chart below to compare losses from any high point for EVPF and EVSB.
Loading charts...
Drawdown Indicators
| EVPF | EVSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -0.31% | -2.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.25% | — |
Current DrawdownCurrent decline from peak | -0.17% | -0.05% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -0.02% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.04% | — |
Volatility
EVPF vs. EVSB - Volatility Comparison
Loading charts...
Volatility by Period
| EVPF | EVSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.51% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 0.77% | +3.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.31% | 0.82% | +3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.31% | 0.82% | +3.49% |
EVPF vs. EVSB - Expense Ratio Comparison
EVPF has a 0.39% expense ratio, which is higher than EVSB's 0.17% expense ratio.
Dividends
EVPF vs. EVSB - Dividend Comparison
EVPF's dividend yield for the trailing twelve months is around 1.08%, less than EVSB's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.08% | 0.00% | 0.00% | 0.00% |
EVSB Eaton Vance Ultra-Short Income ETF | 4.63% | 4.63% | 5.18% | 1.21% |
Frequently Asked Questions
EVPF and EVSB have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EVSB is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EVSB is cheaper with a 0.17% expense ratio, compared with 0.39% for EVPF.
EVSB has the higher dividend yield at 4.63%, compared with 1.08% for EVPF.
EVPF is categorized as Preferred Stock/Convertible Bonds, while EVSB is Ultrashort Bond. Their fees differ too: 0.39% for EVPF and 0.17% for EVSB.
Find the right allocation for EVPF and EVSB
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