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EVSM
+0.23 · +0.47%
$50.54 · NYSE ARCA

Morgan Stanley ETF Trust (EVSM) ETF Analysis | Muni National Short

Eaton Vance ETFs · USA
AUM:$651.4M
#– of – in Muni National Short ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

EVSM returned +4.6% over the past year, broadly in line with flat market conditions.

What is EVSM?

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in municipal securities, the interest on which is exempt from regular federal income tax.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
EVSM returned 4.6% over the past year.
Broadly Diversified
Top 10 holdings represent just 4.6% of the ETF — exposure spread across many positions.
Notable Dividend Yield
Current yield of 3.05% provides a meaningful income component alongside market exposure.
ETF Information
AUM$651.4M
Expense Ratio0.00%
Dividend Yield3.05%
Holdings1
Inception DateDec 2018
Domicile–
Distribution–
Index–
ProviderEaton Vance ETFs
Beta0.20
CategoryMuni National Short
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-0.9%
1Y
+1.5%
3Y
+7.2%
5Y
+7.2%
OpenBook InsightIf you had invested £10,000 in EVSM 5 years ago, it would have grown to £10,719 — a gain of £719.

Annual Returns

Calendar year performance

EVSM delivered positive returns in 3 of the last 3 calendar years.
YearEVSM
2026 YTD+0.3%
2025+4.3%
2024+2.5%
CAGR 2yr+3.4%
3/3 positive yearsAvg return: +2.4%Worst year: +0.3% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
1.5%
Low
Momentum
-0.2%
30-day change
Support Level
50.01
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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