FTRB vs. EVTR

Last updated Apr 1, 2026

Compare and contrast key facts about Federated Hermes Total Return Bond ETF (FTRB) and Eaton Vance Total Return Bond ETF (EVTR).

FTRB and EVTR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTRB is an actively managed fund by Federated. It was launched on Jan 2, 2024. EVTR is an actively managed fund by Eaton Vance. It was launched on Nov 14, 1984.

Performance

FTRB vs. EVTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Total Return Bond ETF (FTRB) and Eaton Vance Total Return Bond ETF (EVTR). The values are adjusted to include any dividend payments, if applicable.

FTRB vs. EVTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FTRB Federated Hermes Total Return Bond ETF	-0.07%	7.60%	2.61%
EVTR Eaton Vance Total Return Bond ETF	-0.22%	8.10%	4.07%

Returns By Period

In the year-to-date period, FTRB achieves a -0.07% return, which is significantly higher than EVTR's -0.22% return.

FTRB

• 1D: 0.47%
• 1M: -1.72%
• YTD: -0.07%
• 6M: 1.22%
• 1Y: 4.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVTR

• 1D: 0.09%
• 1M: -1.50%
• YTD: -0.22%
• 6M: 0.78%
• 1Y: 4.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTRB vs. EVTR - Expense Ratio Comparison

FTRB has a 0.39% expense ratio, which is higher than EVTR's 0.32% expense ratio.

FTRB

Federated Hermes Total Return Bond ETF

EVTR

Eaton Vance Total Return Bond ETF

Return for Risk

FTRB vs. EVTR — Risk / Return Rank

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

FTRB

FTRB Risk / Return Rank: 62
FTRB Sharpe Ratio Rank: 66
FTRB Sortino Ratio Rank: 61
FTRB Omega Ratio Rank: 60
FTRB Calmar Ratio Rank: 68
FTRB Martin Ratio Rank: 55

EVTR

EVTR Risk / Return Rank: 63
EVTR Sharpe Ratio Rank: 68
EVTR Sortino Ratio Rank: 67
EVTR Omega Ratio Rank: 57
EVTR Calmar Ratio Rank: 66
EVTR Martin Ratio Rank: 59

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.

FTRB vs. EVTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Total Return Bond ETF (FTRB) and Eaton Vance Total Return Bond ETF (EVTR). 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.

	FTRB	EVTR	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.24	-0.05
Sortino ratio Return per unit of downside risk	1.62	1.74	-0.13
Omega ratio Gain probability vs. loss probability	1.23	1.22	+0.01
Calmar ratio Return relative to maximum drawdown	1.78	1.77	+0.01
Martin ratio Return relative to average drawdown	5.49	6.07	-0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTRB vs. EVTR - Sharpe Ratio Comparison

The current FTRB Sharpe Ratio is 1.19, which is comparable to the EVTR Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FTRB and EVTR, 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

	FTRB	EVTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.24	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	1.38	-0.40

Correlation

The correlation between FTRB and EVTR is 0.81, 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.

Dividends

FTRB vs. EVTR - Dividend Comparison

FTRB's dividend yield for the trailing twelve months is around 4.43%, less than EVTR's 4.63% yield.

	TTM	2025	2024
FTRB Federated Hermes Total Return Bond ETF	4.43%	4.46%	4.40%
EVTR Eaton Vance Total Return Bond ETF	4.63%	4.51%	4.26%

Drawdowns

FTRB vs. EVTR - Drawdown Comparison

The maximum FTRB drawdown since its inception was -4.83%, which is greater than EVTR's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for FTRB and EVTR.

Drawdown Indicators

	FTRB	EVTR	Difference
Max Drawdown Largest peak-to-trough decline	-4.83%	-4.08%	-0.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	-2.85%	+0.08%
Current Drawdown Current decline from peak	-1.72%	-1.94%	+0.22%
Average Drawdown Average peak-to-trough decline	-1.27%	-0.92%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	0.83%	+0.07%

Volatility

FTRB vs. EVTR - Volatility Comparison

Federated Hermes Total Return Bond ETF (FTRB) and Eaton Vance Total Return Bond ETF (EVTR) have volatilities of 1.67% and 1.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTRB	EVTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.67%	1.66%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	2.34%	2.42%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	4.14%	3.90%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.62%	4.30%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.62%	4.30%	+0.32%