MetaCap

Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) vs Invesco Quality Municipal Income (IQI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

On valuation, Invesco Quality Municipal Income trades at a lower trailing P/E (26.9x vs 28.4x for Eaton Vance Risk-Managed Diversified Equity Income Fund). Invesco Quality Municipal Income pays a dividend yielding 8.52%, while Eaton Vance Risk-Managed Diversified Equity Income Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ETJ-2.72%IQI-13.10%
+2%-7%-17%
Jul 9, 20261 yearOct 9, 2026
ETJ-3.06%IQI-13.10%
+1%-6%-14%
Jul 6, 20265 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ETJ versus IQI key metrics
MetricETJIQI
Share price$8.24$8.89
Market cap$554.57M—
1-day change+1.35%+0.45%
YTD return—-10.74%
1-year return—-10.20%
5-year return—-32.24%
P/E ratio (TTM)28.4126.94
EPS (TTM)$0.29$0.33
Dividend yield9.61%8.52%
Annual dividend$0.00$0.757
52-week high$9.01$10.42
52-week low$7.88$8.47
Distance from 52-week high-8.55%-14.68%
Analyst consensus—hold
Average volume131.79K212.88K
Shares outstanding67.30M—
SectorFinanceFinance
IndustryFinance CompaniesFinance Companies

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Eaton Vance Risk-Managed Diversified Equity Income Fund offers a meaningfully higher dividend yield (9.61% vs 8.52%).

About Eaton Vance Risk-Managed Diversified Equity Income Fund

ETJ stock →

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States.

Finance · Finance Companies

About Invesco Quality Municipal Income

IQI stock →

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd.

Finance · Finance Companies

ETJ vs IQI FAQ

Which has the lower P/E ratio, ETJ or IQI?

IQI has the lower trailing P/E at 26.9, versus 28.4 for ETJ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Eaton Vance Risk-Managed Diversified Equity Income Fund or Invesco Quality Municipal Income?

Eaton Vance Risk-Managed Diversified Equity Income Fund has the higher yield at 9.61%, compared with 8.52% for Invesco Quality Municipal Income.

Are Eaton Vance Risk-Managed Diversified Equity Income Fund and Invesco Quality Municipal Income in the same industry?

Yes. Both are classified in the Finance Companies industry within the Finance sector.

More comparisons