EVSM vs VTES
Eaton Vance Short Duration Municipal Income ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
49 shared positions
Fee gap
14 bp
VTES is cheaper
1-year return gap
0.2 pts
EVSM is ahead
Larger fund
VTES
$2.0B
Side by side
| EVSM | VTES | |
|---|---|---|
| Fund | Eaton Vance Short Duration Municipal Income ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | Eaton Vance | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.19% | 0.05% |
| Assets | $758M | $2.0B |
| Average daily dollar volume | $20M | $92M |
| Listed | Dec 19, 2018 | Mar 8, 2023 |
| FrenzyCap score | 76 | 96 |
| 1-month return | +0.1% | +0.4% |
| 3-month return | −0.9% | −0.7% |
| Year to date | −1.5% | −1.9% |
| 1-year return | −1.8% | −2.0% |
| 30-day volatility | 2.3% | 3.2% |
| Worst drawdown, 1 year | −3.5% | −4.5% |
| Trailing 12-month yield | 3.03% | 2.70% |
| Holdings | 383 | 4,001 |
| Top 10 weight | 10.5% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$72M thru Jun 2026 | +$246M thru May 2026 |
| 30-day implied volatility | — | 15.2% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
15% of EVSM · 2% of VTES| Holding | EVSM | VTES |
|---|---|---|
| State of Illinois 5%, due Nov 1, 2028 | 0.34% | 0.24% |
| Dallas Independent School District 5%, due Feb 15, 2056 | 0.70% | 0.22% |
| California Municipal Finance Authority 5%, due Jun 30, 2032 | 0.40% | 0.15% |
| Long Island Power Authority 3%, due Sep 1, 2055 | 0.23% | 0.13% |
| City of Los Angeles CA 5%, due Jun 24, 2027 | 1.15% | 0.13% |
| Massachusetts Development Finance Agency, due Oct 1, 2042 | 0.36% | 0.12% |
| Oklahoma City Public Property Authority 5%, due Jun 1, 2029 | 0.21% | 0.10% |
| State of Texas 2.8%, due Oct 1, 2041 | 0.40% | 0.08% |
| Utah Transit Authority 5%, due Dec 15, 2033 | 0.30% | 0.08% |
| Lansing Board of Water & Light 5%, due Jul 1, 2051 | 0.17% | 0.07% |
| Arizona Industrial Development Authority 5%, due Nov 1, 2031 | 0.14% | 0.06% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due Nov 1, 2033 | 0.52% | 0.06% |
| Arapahoe County School District No. 5, due Dec 15, 2030 | 0.20% | 0.05% |
| Energy Northwest 5%, due Jul 1, 2027 | 0.67% | 0.05% |
| Connecticut State Health & Educational Facilities Authority 5%, due Jul 1, 2064 | 0.36% | 0.05% |
| Northside Independent School District 3.55%, due Jun 1, 2050 | 0.33% | 0.05% |
| Massachusetts Development Finance Agency 5%, due Oct 1, 2065 | 0.17% | 0.05% |
| North Texas Tollway Authority 5%, due Jan 1, 2027 | 0.13% | 0.04% |
| Metropolitan Transportation Authority 5%, due Nov 15, 2030 | 0.58% | 0.04% |
| Fort Bend Independent School District 3.125%, due Aug 1, 2056 | 0.17% | 0.04% |
| City of San Antonio 3.2%, due Feb 1, 2055 | 0.66% | 0.04% |
| New Hampshire Health and Education Facilities Authority Act 5%, due Jun 1, 2032 | 0.44% | 0.03% |
| Fort Bend Independent School District 3.8%, due Aug 1, 2055 | 0.25% | 0.03% |
| New York State Dormitory Authority 5%, due Feb 15, 2032 | 0.34% | 0.03% |
| City of San Antonio TX Electric & Gas Systems Revenue 3%, due Feb 1, 2055 | 0.35% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · EVSM holdings · VTES holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.