EVSMvsSCMBETF Comparison
VS
Eaton Vance Short Duration Municipal Income ETF (EVSM) and Schwab Municipal Bond ETF (SCMB) belong to the same industry segment: Municipal Bonds. EVSM's top 3 sector exposures are Municipal, Sovereign and Non-Corporate. In contrast, SCMB's top sector exposures are Municipal. EVSM is more expensive with a Total Expense Ratio (TER) of 0.19%, versus 0.03% for SCMB. EVSM is up 1.18% year-to-date (YTD) with +$259M in YTD flows. SCMB performs worse with -0.67% YTD performance, and +$1.53B in YTD flows. Run a side-by-side ETF comparison of EVSM and SCMB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
EVSM vs SCMB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EVSM SCMB | +0.13%-0.84% | +0.17%-1.99% | +1.18%-0.67% | +2.43%+3.31% | n/a+8.78% | n/an/a |
| Flows | EVSM SCMB | +$48M+$278M | +$114M+$395M | +$259M+$1.53B | +$398M+$1.97B | -+$4.06B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EVSM SCMB | +0.96%+2.72% | +0.94%+2.57% | n/a+3.73% | n/an/a |
| Max drawdown | EVSM SCMB | -0.62%-2.64% | -1.01%-2.72% | n/a-5.45% | n/an/a |
| Max drawdown duration | EVSM SCMB | 37d59d | 103d122d | n/a275d | n/an/a |
Trading data
EVSM | SCMB | |
Last sale 9/3/2026 at 1:30 PM | $49.97 | $24.88 |
| Previous close 09/02/2026 | $49.96 | $24.95 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 4, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
EVSM
is actively managed and doesn’t replicate an indexEVSM | SCMB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
EVSM | SCMB | |
|---|---|---|
| Last price | $49.97 | $24.88 |
| 1D performance | +0.02% | -0.28% |
| AuM | $827.57 M | $4.15 B |
| E/R | 0.19% | 0.03% |
Characteristics
EVSM | SCMB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Morgan Stanley | Schwab ETFs |
| Benchmark | - | ICE AMT-Free Core U.S. National Municipal Index |
| N° of holdings | 211 | 319 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 25, 2024 | October 12, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
EVSM
USA
60.04%
Other
39.96%
SCMB
USA
60.28%
Other
39.72%
Sectors
EVSM
Municipal
56.06%
Other
43.94%
SCMB
Municipal
60.28%
Other
39.72%
Advertisement
Diversification
EVSM
Total weight of top 15 holdings out of 15
14.48%
SCMB
Total weight of top 15 holdings out of 15
8.71%
Top 15 holdings
Data as of July 31, 2026
EVSM
BlackRock Liquidity MuniCash
1.65%
Gainesville (FL), FRN 1oct2042, USD (2012)
1.11%
City of Los Angeles, 5% 24jun2027, USD (2026)
1.11%
US083773EE76
1.10%
Arkansas Development Finance Authority, 4% 1sep2046, USD (2026A)
1.02%
Build NYC Resource Corp., 5.25% 15dec2031, USD (2026B-3)
1.02%
US454898XD44
1.01%
University of Connecticut, 3.83% 23mar2027, USD (2026)
0.96%
Aquarion Water Authority, 5.25% 1feb2031, USD (2026)
0.90%
Ohio Water Development Authority, FRN 1dec2054, USD (2024C)
0.87%
US607167DW00
0.86%
US254845VW74
0.82%
Nashville and Davidson Metropolitan Government, 5% 1jul2032, USD (2026)
0.69%
US84136HCT86
0.68%
Dallas Independent School District, 5% 15feb2056, USD (2026B)
0.68%
SCMB
New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026)
1.46%
Massachusetts, 5% 1nov2043, USD (2017)
0.67%
Pennsylvania, 4% 1mar2036, USD
0.66%
University of California, 5% 15nov2040, USD (2026)
0.59%
US64972GA612
0.57%
California, 5.25% 1sep2047, USD
0.56%
US93974EEM49
0.55%
Northwest Independent School District, 5% 15feb2055, USD (2025)
0.55%
University of California, 5% 15nov2035, USD (2026)
0.45%
US68607DXA89
0.45%
US74265L3A45
0.44%
US544647HQ66
0.44%
US592112XL58
0.44%
City of New York, 5% 1aug2032, USD (2022)
0.44%
US709225GV28
0.44%
Frequently asked questions about EVSM and SCMB
How have the EVSM and SCMB ETFs performed in 2026?
As of September 1, 2026, EVSM is up 1.18% year-to-date (YTD), while SCMB has lost -0.67%. That puts EVSM better performer ahead so far this year.
Which ETF is attracting more investor money: EVSM or SCMB?
Year-to-date, the EVSM ETF saw +$259M in flows, compared to +$1.53B for SCMB.
Which ETF is more volatile: EVSM or SCMB?
Over the past year, EVSM had a volatility of 0.94%, while SCMB experienced 2.57%.
Which ETF is bigger: EVSM or SCMB?
As of September 1, 2026, EVSM holds $827.57 M in assets under management (AUM), while SCMB manages $4.15 B.
What sectors do the EVSM and SCMB ETFs invest in?
EVSM leans toward sectors like Municipal. Meanwhile, SCMB focuses on Municipal.
What are the top holdings of the EVSM ETF and SCMB ETF?
EVSM top holdings include BlackRock Liquidity MuniCash, Gainesville (FL), FRN 1oct2042, USD (2012) and City of Los Angeles, 5% 24jun2027, USD (2026). SCMB holds in its top three: New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026), Massachusetts, 5% 1nov2043, USD (2017) and Pennsylvania, 4% 1mar2036, USD.
Which ETF is more diversified: EVSM or SCMB?
EVSM holds 379 securities with 14.48% of its assets in the top 15. SCMB has 541 securities and a top 15 weight of 8.71%.
Advertisement
Advertisement
