EVN vs KPLT: Correlation
Eaton Vance Municipal Income Trust (EVN) and Katapult Holdings, Inc. (KPLT) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVN and KPLT?
On 3 years of weekly data the EVN/KPLT correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.31 over 3. The 5-year figure is 0.25, and annualized covariance runs at 324.7 %².
Out of 11 assets tracked against EVN, KPLT lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with EVN ahead by 67.4 points (+8.4% versus -59.0%). Note the risk asymmetry: KPLT runs 7.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EVN vs KPLT: side by side
| EVN (Eaton Vance Municipal Income Trust) | KPLT (Katapult Holdings, Inc.) | |
|---|---|---|
| 1-year return | +8.4% | -59.0% |
| 5-year return | -2.5% | -95.6% |
| Volatility (ann.) | 12.0% | 87.1% |
| Beta vs S&P 500 | 0.36 | 1.08 |
| Max drawdown (3Y) | -10.4% | -75.6% |
| Market cap | $0.4B | $0.5B |
| P/E (trailing) | 11.6 | 3.1 |
| Dividend yield | 2.83% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVN | KPLT |
|---|---|---|
| 2022 | -25.0% | -71.6% |
| 2023 | +4.4% | -54.5% |
| 2024 | +8.9% | -37.9% |
| 2025 | +12.8% | -4.5% |
| 2026 | +3.2% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVN and KPLT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EVN and KPLT?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.32 over the last year and 0.25 over 5 years.
Is KPLT a good diversifier for EVN?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/evn-vs-kplt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/evn-vs-kplt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EVN correlations · KPLT correlations
