EVSD vs. EVMO

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Short Duration Income ETF (EVSD) and Eaton Vance Mortgage Opportunities ETF (EVMO).

EVSD and EVMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVSD is an actively managed fund by Eaton Vance. It was launched on Mar 31, 1992. EVMO is an actively managed fund by Eaton Vance. It was launched on Aug 4, 2025.

Performance

EVSD vs. EVMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Short Duration Income ETF (EVSD) and Eaton Vance Mortgage Opportunities ETF (EVMO). The values are adjusted to include any dividend payments, if applicable.

EVSD vs. EVMO - Yearly Performance Comparison

	2026 (YTD)	2025
EVSD Eaton Vance Short Duration Income ETF	0.10%	2.33%
EVMO Eaton Vance Mortgage Opportunities ETF	0.38%	3.33%

Returns By Period

In the year-to-date period, EVSD achieves a 0.10% return, which is significantly lower than EVMO's 0.38% return.

EVSD

• 1D: 0.20%
• 1M: -0.83%
• YTD: 0.10%
• 6M: 1.42%
• 1Y: 5.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVMO

• 1D: 0.26%
• 1M: -1.26%
• YTD: 0.38%
• 6M: 1.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVSD vs. EVMO - Expense Ratio Comparison

EVSD has a 0.24% expense ratio, which is lower than EVMO's 0.45% expense ratio.

EVMO

Eaton Vance Mortgage Opportunities ETF

EVSD

Eaton Vance Short Duration Income ETF

Return for Risk

EVSD vs. EVMO — Risk / Return Rank

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

EVSD

EVSD Risk / Return Rank: 97
EVSD Sharpe Ratio Rank: 97
EVSD Sortino Ratio Rank: 98
EVSD Omega Ratio Rank: 97
EVSD Calmar Ratio Rank: 95
EVSD Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EVSD vs. EVMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Income ETF (EVSD) and Eaton Vance Mortgage Opportunities ETF (EVMO). 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.

	EVSD	EVMO	Difference
Sharpe ratio Return per unit of total volatility	2.90	—	—
Sortino ratio Return per unit of downside risk	4.50	—	—
Omega ratio Gain probability vs. loss probability	1.62	—	—
Calmar ratio Return relative to maximum drawdown	3.97	—	—
Martin ratio Return relative to average drawdown	17.90	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EVSD	EVMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.10	2.06	+1.03

Correlation

The correlation between EVSD and EVMO is 0.46, 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

EVSD vs. EVMO - Dividend Comparison

EVSD's dividend yield for the trailing twelve months is around 4.61%, more than EVMO's 3.17% yield.

	TTM	2025	2024
EVSD Eaton Vance Short Duration Income ETF	4.61%	4.64%	2.91%
EVMO Eaton Vance Mortgage Opportunities ETF	3.17%	1.95%	0.00%

Drawdowns

EVSD vs. EVMO - Drawdown Comparison

The maximum EVSD drawdown since its inception was -1.26%, smaller than the maximum EVMO drawdown of -1.89%. Use the drawdown chart below to compare losses from any high point for EVSD and EVMO.

Drawdown Indicators

	EVSD	EVMO	Difference
Max Drawdown Largest peak-to-trough decline	-1.26%	-1.89%	+0.63%
Max Drawdown (1Y) Largest decline over 1 year	-1.26%	—	—
Current Drawdown Current decline from peak	-0.83%	-1.26%	+0.43%
Average Drawdown Average peak-to-trough decline	-0.17%	-0.25%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	—	—

Volatility

Volatility by Period

	EVSD	EVMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.75%	2.79%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.97%	2.79%	-0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.97%	2.79%	-0.82%