NSCI vs. EVMO

Last updated Jun 7, 2026

NSCI (Nuveen Securitized Income ETF) and EVMO (Eaton Vance Mortgage Opportunities ETF) are both Mortgage Backed Securities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. NSCI charges 0.38%/yr vs 0.45%/yr for EVMO.

Performance

NSCI vs. EVMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Securitized Income ETF (NSCI) and Eaton Vance Mortgage Opportunities ETF (EVMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NSCI achieves a 1.90% return, which is significantly higher than EVMO's 0.37% return.

NSCI

• 1D: 0.02%
• 1M: 0.37%
• YTD: 1.90%
• 6M: 2.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVMO

• 1D: -0.46%
• 1M: -0.52%
• YTD: 0.37%
• 6M: 0.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NSCI vs. EVMO - Yearly Performance Comparison

	2026 (YTD)	2025
NSCI Nuveen Securitized Income ETF	1.90%	1.66%
EVMO Eaton Vance Mortgage Opportunities ETF	0.37%	1.88%

Correlation

The correlation between NSCI and EVMO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.47

Return for Risk

NSCI vs. EVMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Securitized Income ETF (NSCI) and Eaton Vance Mortgage Opportunities ETF (EVMO). 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.

Sharpe Ratios by Period

	NSCI	EVMO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.97	1.56	+2.41

Drawdowns

NSCI vs. EVMO - Drawdown Comparison

The maximum NSCI drawdown since its inception was -1.10%, smaller than the maximum EVMO drawdown of -1.89%. Use the drawdown chart below to compare losses from any high point for NSCI and EVMO.

Drawdown Indicators

	NSCI	EVMO	Difference
Max Drawdown Largest peak-to-trough decline	-1.10%	-1.89%	+0.79%
Current Drawdown Current decline from peak	0.00%	-1.26%	+1.26%
Average Drawdown Average peak-to-trough decline	-0.19%	-0.39%	+0.20%

Volatility

Volatility by Period

	NSCI	EVMO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.32%	2.86%	-1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.32%	2.86%	-1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.32%	2.86%	-1.54%

NSCI vs. EVMO - Expense Ratio Comparison

NSCI has a 0.38% expense ratio, which is lower than EVMO's 0.45% expense ratio.

Dividends

NSCI vs. EVMO - Dividend Comparison

NSCI's dividend yield for the trailing twelve months is around 3.04%, less than EVMO's 4.08% yield.

Position	TTM	2025
EVMO Eaton Vance Mortgage Opportunities ETF	4.08%	1.95%
NSCI Nuveen Securitized Income ETF	3.04%	1.09%

Frequently Asked Questions

Can I hold both NSCI and EVMO in my portfolio?

NSCI and EVMO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NSCI or EVMO?

On fees, NSCI is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NSCI or EVMO?

NSCI is cheaper with a 0.38% expense ratio, compared with 0.45% for EVMO.

Which ETF pays a higher dividend yield, NSCI or EVMO?

EVMO has the higher dividend yield at 4.08%, compared with 3.04% for NSCI.

What is the main difference between NSCI and EVMO?

They also come from different issuers: Nuveen and Eaton Vance. Their fees differ too: 0.38% for NSCI and 0.45% for EVMO.