EVSB: Not Right Now, But There's Potential In A Risk-Off Environment

  • EVSB offers a near-5% yield by investing in a mix of corporate and securitized debt, but underperforms compared to VGUS due to price return. The ETF's higher expense ratio and longer average duration increase risk without delivering superior total returns, making it less attractive for risk-averse investors. Despite a solid yield, EVSB's significant exposure to non-investment grade debt and current market risk-off sentiment justify a Hold rating.