EVSD vs. LGLV

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Short Duration Income ETF (EVSD) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV).

EVSD and LGLV 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. LGLV is a passively managed fund by State Street that tracks the performance of the SSGA US Large Cap Low Volatility (TR). It was launched on Feb 20, 2013.

Performance

EVSD vs. LGLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Short Duration Income ETF (EVSD) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). The values are adjusted to include any dividend payments, if applicable.

EVSD vs. LGLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EVSD Eaton Vance Short Duration Income ETF	0.10%	6.80%	3.87%
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	2.00%	8.37%	9.57%

Returns By Period

In the year-to-date period, EVSD achieves a 0.10% return, which is significantly lower than LGLV's 2.00% return.

EVSD

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

LGLV

• 1D: 1.10%
• 1M: -5.28%
• YTD: 2.00%
• 6M: 1.06%
• 1Y: 4.45%
• 3Y*: 11.46%
• 5Y*: 9.25%
• 10Y*: 11.24%

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

EVSD vs. LGLV - Expense Ratio Comparison

EVSD has a 0.24% expense ratio, which is higher than LGLV's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

EVSD

Eaton Vance Short Duration Income ETF

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

Return for Risk

EVSD vs. LGLV — 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

LGLV

LGLV Risk / Return Rank: 25
LGLV Sharpe Ratio Rank: 23
LGLV Sortino Ratio Rank: 22
LGLV Omega Ratio Rank: 22
LGLV Calmar Ratio Rank: 27
LGLV Martin Ratio Rank: 30

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. LGLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Income ETF (EVSD) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). 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	LGLV	Difference
Sharpe ratio Return per unit of total volatility	2.90	0.35	+2.55
Sortino ratio Return per unit of downside risk	4.50	0.58	+3.92
Omega ratio Gain probability vs. loss probability	1.62	1.08	+0.54
Calmar ratio Return relative to maximum drawdown	3.97	0.58	+3.39
Martin ratio Return relative to average drawdown	17.90	2.44	+15.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVSD vs. LGLV - Sharpe Ratio Comparison

The current EVSD Sharpe Ratio is 2.90, which is higher than the LGLV Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of EVSD and LGLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EVSD	LGLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	0.35	+2.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.10	0.78	+2.32

Correlation

The correlation between EVSD and LGLV is 0.28, 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.

Dividends

EVSD vs. LGLV - Dividend Comparison

EVSD's dividend yield for the trailing twelve months is around 4.61%, more than LGLV's 2.02% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVSD Eaton Vance Short Duration Income ETF	4.61%	4.64%	2.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	2.02%	1.94%	1.93%	2.03%	1.95%	1.65%	1.98%	1.89%	2.09%	4.39%	2.54%	2.97%

Drawdowns

EVSD vs. LGLV - Drawdown Comparison

The maximum EVSD drawdown since its inception was -1.26%, smaller than the maximum LGLV drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for EVSD and LGLV.

Drawdown Indicators

	EVSD	LGLV	Difference
Max Drawdown Largest peak-to-trough decline	-1.26%	-36.64%	+35.38%
Max Drawdown (1Y) Largest decline over 1 year	-1.26%	-9.65%	+8.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.64%	—
Current Drawdown Current decline from peak	-0.83%	-5.52%	+4.69%
Average Drawdown Average peak-to-trough decline	-0.17%	-3.19%	+3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	2.30%	-2.02%

Volatility

EVSD vs. LGLV - Volatility Comparison

The current volatility for Eaton Vance Short Duration Income ETF (EVSD) is 0.73%, while SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) has a volatility of 3.11%. This indicates that EVSD experiences smaller price fluctuations and is considered to be less risky than LGLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVSD	LGLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.73%	3.11%	-2.38%
Volatility (6M) Calculated over the trailing 6-month period	1.03%	6.63%	-5.60%
Volatility (1Y) Calculated over the trailing 1-year period	1.75%	12.78%	-11.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.97%	12.93%	-10.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.97%	16.10%	-14.13%