EVIM vs VOO
Eaton Vance Intermediate Municipal Income ETF vs Vanguard S&P 500 ETF
Which is better, EVIM or VOO?
Municipal Bond against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EVIM | VOO |
|---|---|---|
| Expense Ratio | 0.11% | 0.03%Best |
| AUM | $285M | $997.4B |
| Dividend Yield | 3.58% | 1.04% |
| Holdings | 282 | 509 |
| YTD Return | -1.20% | +11.01%Best |
| 1Y Return | +0.59% | +15.60%Best |
| 3Y Return (annualized) | +4.58% | +20.82%Best |
| 5Y Return (annualized) | - | +12.60% |
| Volatility (annualized) | 4.7%Best | 12.5% |
| Max Drawdown | -4.2%Best | -18.7% |
| $10,000 over 2.9 years | $11,387 | $18,292Best |
| Fund Family | Eaton Vance | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Oct 16, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 19, 2023 to Sep 16, 2026 (2.9 years).
EVIM vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
EVIM vs VOO Performance
Eaton Vance Intermediate Municipal Income ETF (EVIM) is an ETF from Eaton Vance and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EVIM returned +0.59% while VOO returned +15.60%. Year to date, EVIM is down 1.20% versus a gain of 11.01% for VOO.
Over three years, EVIM compounded at +4.58% per year against +20.82% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 4.7% for EVIM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.2% for EVIM and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EVIM charges 0.11% per year while VOO charges 0.03%. On a $10,000 position that is $11 vs $3 annually, a gap of $8 per year that compounds over a long holding period. On income, EVIM currently yields 3.58% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 79 holdings in EVIM and 494 in VOO, totalling 29.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 79 positions we hold weights for in EVIM and 494 in VOO, against full books of 282 and 509.
You are not choosing between two funds in isolation.
Whichever of EVIM and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EVIM or VOO?
EVIM has an expense ratio of 0.11% while VOO charges 0.03%. VOO is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, EVIM or VOO?
Over the past year EVIM returned +0.59% vs +15.60% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVIM or VOO?
VOO has been the more volatile fund at 12.5% annualized versus 4.7% for EVIM. Worst drawdown: EVIM -4.2% vs VOO -18.7%.
Should I hold both EVIM and VOO?
EVIM and VOO have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EVIM or VOO?
EVIM yields 3.58% while VOO yields 1.04%, so EVIM currently pays the higher dividend yield.
Is VOO better than EVIM?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.