Eaton Vance High Income Municipal ETF (EVYM) Performance
EVYM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.1% since Dec 31, 2025
- 1 year
- +0.5% total return
- Since first price
- +3.6% since 2025
EVYM trailing returns vs AGG, TLT, SPY
| Period | EVYM total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.8% | +0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | −2.7% | −3.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.7% | −5.1% | −1.5% | −3.8% | +7.8% |
| YTD | −0.1% | −3.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.5% | −4.4% | −1.1% | −6.9% | +14.4% |
| Since inceptionFeb 27, 2025 | +3.6% | −4.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EVYM vs AGG
From Feb 27, 2025: EVYM grew to $10,356, AGG to $10,376.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EVYM returns by calendar year
2026 is year to date.
EVYM annual returns table
| Year | EVYM | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.1% | −7.8% | −1.0% | −3.4% | +12.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EVYM largest drawdowns
Now 4.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 2, 2026 | −7.8% | Oct 7, 2026 | not yet | 3 months | 4 months so far |
| Apr 4, 2025 | −6.1% | Apr 11, 2025 | Sep 15, 2025 | 7 days | 5 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
EVYM risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +0.5% |
| Volatility (annualized) | 6.5% |
| Sharpe ratio | -0.48 |
| Sortino ratio | -0.59 |
| Best month | +3.8% |
| Worst month | −4.7% |
| Best 12 months | +10.5% |
| Worst 12 months | −0.4% |
| Positive months | 58% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EVYM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | −0.4% | +8.3% | +10.5% | 89% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
EVYM performance overview
Eaton Vance High Income Municipal ETF (EVYM) returned +0.5% over the past year, with distributions reinvested. Since its first recorded price on Feb 27, 2025 it has returned +3.6%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −7.8%, from Jul 2, 2026 to Oct 7, 2026; the fund has not yet regained that high. Volatility has been 6.5% a year.
Related: EVYM chart, EVYM dividends, EVYM bond profile. See the EVYM overview for the latest quote and fund facts.
EVYM performance FAQ
What is the EVYM return over the past year?
EVYM returned +0.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.4%.
How much would $10,000 invested in EVYM be worth?
$10,000 invested in EVYM at its first recorded close on February 27, 2025 would be worth about $10,356 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of EVYM?
The largest peak-to-trough decline was −7.8% between July 2, 2026 and October 7, 2026. It has not yet recovered to that high; it is 4.7% below its peak.
How volatile is EVYM?
Over the past history EVYM had an annualized volatility of 6.5% and a Sharpe ratio of -0.48 (excess return over 1–3 month T-bills per unit of risk).