EZNYX vs. NQP
EZNYX (Eaton Vance New York Municipal Opportunities Fund) and NQP (Nuveen Pennsylvania Quality Municipal Income) are both Municipal Bonds funds. At a 0.26 correlation, their price movements are largely independent. EZNYX charges 1.56%/yr vs 1.27%/yr for NQP.
Performance
EZNYX vs. NQP - Performance Comparison
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Returns By Period
EZNYX
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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NQP
- 1D
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- 1M
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- YTD
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- 6M
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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EZNYX vs. NQP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EZNYX Eaton Vance New York Municipal Opportunities Fund | -0.22% | 3.63% | 1.59% | 5.84% | -9.79% | 0.73% | 3.85% | 6.42% | 0.68% | 2.43% |
NQP Nuveen Pennsylvania Quality Municipal Income | 3.84% | 15.46% | 2.70% | 7.44% | -21.95% | 7.75% | 7.08% | 21.21% | -2.28% | 5.96% |
Correlation
The correlation between EZNYX and NQP is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 1993 | 0.26 |
The correlation between EZNYX and NQP shifts across timeframes, from 0.26 (all time) to 0.54 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
EZNYX vs. NQP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance New York Municipal Opportunities Fund (EZNYX) and Nuveen Pennsylvania Quality Municipal Income (NQP). 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.
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Drawdowns
EZNYX vs. NQP - Drawdown Comparison
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Volatility
EZNYX vs. NQP - Volatility Comparison
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EZNYX vs. NQP - Expense Ratio Comparison
EZNYX has a 1.56% expense ratio, which is higher than NQP's 1.27% expense ratio.
Dividends
EZNYX vs. NQP - Dividend Comparison
EZNYX's dividend yield for the trailing twelve months is around 2.08%, less than NQP's 7.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EZNYX Eaton Vance New York Municipal Opportunities Fund | 2.08% | 3.17% | 2.58% | 1.59% | 1.38% | 1.45% | 1.18% | 1.63% | 1.75% | 1.76% | 1.96% | 2.00% |
NQP Nuveen Pennsylvania Quality Municipal Income | 7.13% | 7.87% | 6.69% | 3.07% | 4.89% | 4.51% | 4.38% | 4.23% | 5.34% | 5.34% | 5.67% | 6.10% |
Frequently Asked Questions
EZNYX and NQP have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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