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HIMFX vs. EWHYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HIMFX vs. EWHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American High-Income Municipal Bond Fund Class F-3 (HIMFX) and Eaton Vance High Yield Municipal Income Fund Class W (EWHYX). The values are adjusted to include any dividend payments, if applicable.

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HIMFX vs. EWHYX - Yearly Performance Comparison


2026 (YTD)20252024202320222021
HIMFX
American High-Income Municipal Bond Fund Class F-3
-0.13%4.69%6.23%7.89%-12.36%0.52%
EWHYX
Eaton Vance High Yield Municipal Income Fund Class W
0.37%3.59%5.42%7.74%-11.72%0.21%

Returns By Period

In the year-to-date period, HIMFX achieves a -0.13% return, which is significantly lower than EWHYX's 0.37% return.


HIMFX

1D
0.33%
1M
-2.06%
YTD
-0.13%
6M
1.53%
1Y
3.90%
3Y*
5.31%
5Y*
1.76%
10Y*

EWHYX

1D
0.38%
1M
-2.08%
YTD
0.37%
6M
2.18%
1Y
3.60%
3Y*
4.88%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HIMFX vs. EWHYX - Expense Ratio Comparison

HIMFX has a 0.31% expense ratio, which is higher than EWHYX's 0.18% expense ratio.


Return for Risk

HIMFX vs. EWHYX — Risk / Return Rank

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

HIMFX
HIMFX Risk / Return Rank: 2323
Overall Rank
HIMFX Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
HIMFX Sortino Ratio Rank: 1717
Sortino Ratio Rank
HIMFX Omega Ratio Rank: 3939
Omega Ratio Rank
HIMFX Calmar Ratio Rank: 2222
Calmar Ratio Rank
HIMFX Martin Ratio Rank: 1919
Martin Ratio Rank

EWHYX
EWHYX Risk / Return Rank: 1717
Overall Rank
EWHYX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
EWHYX Sortino Ratio Rank: 1414
Sortino Ratio Rank
EWHYX Omega Ratio Rank: 2525
Omega Ratio Rank
EWHYX Calmar Ratio Rank: 1616
Calmar Ratio Rank
EWHYX Martin Ratio Rank: 1313
Martin Ratio Rank
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.

HIMFX vs. EWHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American High-Income Municipal Bond Fund Class F-3 (HIMFX) and Eaton Vance High Yield Municipal Income Fund Class W (EWHYX). 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.


HIMFXEWHYXDifference

Sharpe ratio

Return per unit of total volatility

0.67

0.61

+0.07

Sortino ratio

Return per unit of downside risk

0.91

0.84

+0.07

Omega ratio

Gain probability vs. loss probability

1.20

1.16

+0.04

Calmar ratio

Return relative to maximum drawdown

0.87

0.71

+0.16

Martin ratio

Return relative to average drawdown

2.63

1.85

+0.78

HIMFX vs. EWHYX - Sharpe Ratio Comparison

The current HIMFX Sharpe Ratio is 0.67, which is comparable to the EWHYX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of HIMFX and EWHYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HIMFXEWHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.67

0.61

+0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.19

+0.61

Correlation

The correlation between HIMFX and EWHYX is 0.92, 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

HIMFX vs. EWHYX - Dividend Comparison

HIMFX's dividend yield for the trailing twelve months is around 3.99%, less than EWHYX's 4.73% yield.


TTM202520242023202220212020201920182017
HIMFX
American High-Income Municipal Bond Fund Class F-3
3.99%4.32%3.83%3.71%2.80%3.54%3.73%3.49%3.99%3.61%
EWHYX
Eaton Vance High Yield Municipal Income Fund Class W
4.73%5.06%4.92%3.97%4.60%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HIMFX vs. EWHYX - Drawdown Comparison

The maximum HIMFX drawdown since its inception was -17.57%, which is greater than EWHYX's maximum drawdown of -16.52%. Use the drawdown chart below to compare losses from any high point for HIMFX and EWHYX.


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Drawdown Indicators


HIMFXEWHYXDifference

Max Drawdown

Largest peak-to-trough decline

-17.57%

-16.52%

-1.05%

Max Drawdown (1Y)

Largest decline over 1 year

-5.60%

-6.59%

+0.99%

Max Drawdown (5Y)

Largest decline over 5 years

-17.57%

Current Drawdown

Current decline from peak

-2.38%

-2.43%

+0.05%

Average Drawdown

Average peak-to-trough decline

-3.21%

-5.55%

+2.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.86%

2.53%

-0.67%

Volatility

HIMFX vs. EWHYX - Volatility Comparison

American High-Income Municipal Bond Fund Class F-3 (HIMFX) and Eaton Vance High Yield Municipal Income Fund Class W (EWHYX) have volatilities of 1.15% and 1.21%, 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.


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Volatility by Period


HIMFXEWHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.15%

1.21%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

1.89%

2.17%

-0.28%

Volatility (1Y)

Calculated over the trailing 1-year period

6.35%

6.62%

-0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.78%

5.27%

-0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.62%

5.27%

-0.65%