EVTR vs. VCIT
Compare and contrast key facts about Eaton Vance Total Return Bond ETF (EVTR) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
EVTR and VCIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVTR is an actively managed fund by Eaton Vance. It was launched on Nov 14, 1984. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVTR or VCIT.
Key characteristics
| EVTR | VCIT | |
|---|---|---|
| Daily Std Dev | 4.96% | 5.83% |
| Max Drawdown | -3.21% | -20.56% |
| Current Drawdown | -3.09% | -5.02% |
Correlation
The correlation between EVTR and VCIT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EVTR vs. VCIT - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EVTR vs. VCIT - Expense Ratio Comparison
EVTR has a 0.32% expense ratio, which is higher than VCIT's 0.04% expense ratio.
Risk-Adjusted Performance
EVTR vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Total Return Bond ETF (EVTR) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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.
Not enough dataDividends
EVTR vs. VCIT - Dividend Comparison
EVTR's dividend yield for the trailing twelve months is around 3.39%, less than VCIT's 4.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVTR Eaton Vance Total Return Bond ETF | 3.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.30% | 3.72% | 3.04% | 2.88% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% | 4.00% |
Drawdowns
EVTR vs. VCIT - Drawdown Comparison
The maximum EVTR drawdown since its inception was -3.21%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for EVTR and VCIT. For additional features, visit the drawdowns tool.
Volatility
EVTR vs. VCIT - Volatility Comparison
The current volatility for Eaton Vance Total Return Bond ETF (EVTR) is 1.50%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 1.85%. This indicates that EVTR experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.