ETV/QQQ-60/40 income + growth
ETV/QQQ 60/40
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | Financial Services | 60% |
QQQ Invesco QQQ | Large Cap Blend Equities | 40% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETV/QQQ-60/40 income + growth, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
The earliest data available for this chart is Jun 28, 2005, corresponding to the inception date of ETV
Returns By Period
As of May 9, 2025, the ETV/QQQ-60/40 income + growth returned -5.16% Year-To-Date and 11.65% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| ETV/QQQ-60/40 income + growth | -5.16% | 15.42% | -3.05% | 11.03% | 12.21% | 11.65% |
| Portfolio components: | ||||||
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | -5.75% | 14.11% | -2.05% | 10.55% | 8.42% | 7.84% |
QQQ Invesco QQQ | -4.34% | 17.36% | -4.62% | 11.64% | 17.57% | 17.21% |
Monthly Returns
The table below presents the monthly returns of ETV/QQQ-60/40 income + growth, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.37% | -1.63% | -6.79% | 0.03% | 2.01% | -5.16% | |||||||
| 2024 | 1.68% | 5.14% | 0.81% | -2.49% | 4.67% | 5.97% | -0.80% | 1.25% | 2.28% | -0.05% | 5.50% | 0.47% | 26.85% |
| 2023 | 8.53% | -0.08% | 2.60% | -0.68% | 3.05% | 5.79% | 4.20% | -2.56% | -5.13% | -3.83% | 11.22% | 2.01% | 26.61% |
| 2022 | -7.41% | -1.81% | 3.02% | -9.17% | -1.00% | -6.46% | 12.49% | -2.81% | -10.43% | 7.24% | -1.16% | -8.23% | -24.95% |
| 2021 | -1.39% | 1.02% | 3.01% | 4.46% | 0.55% | 3.63% | 2.25% | 2.35% | -3.90% | 5.70% | -0.16% | 2.91% | 22.00% |
| 2020 | 1.69% | -7.71% | -8.81% | 13.53% | 4.70% | 4.36% | 3.29% | 7.77% | -5.58% | -2.93% | 10.74% | 5.45% | 26.50% |
| 2019 | 10.57% | 1.75% | 2.26% | 4.16% | -8.25% | 7.82% | 3.14% | -3.97% | 1.28% | 3.26% | 1.85% | 2.47% | 28.15% |
| 2018 | 3.83% | -0.08% | -3.07% | 1.13% | 4.15% | 1.20% | 2.79% | 4.25% | 0.08% | -8.36% | 0.97% | -8.46% | -2.62% |
| 2017 | 4.17% | 2.04% | 1.26% | 2.88% | 1.41% | -1.10% | 2.77% | 0.69% | 0.46% | 1.50% | 1.56% | 1.35% | 20.61% |
| 2016 | -6.22% | -0.40% | 5.12% | 0.07% | 1.83% | -0.70% | 3.34% | 1.87% | 1.55% | -2.17% | 2.11% | 0.48% | 6.58% |
| 2015 | 0.17% | 5.68% | 0.50% | 0.92% | 3.08% | -2.60% | 4.25% | -6.56% | -0.60% | 8.10% | 2.39% | -0.43% | 15.04% |
| 2014 | -1.25% | 4.20% | -0.51% | 2.04% | 4.10% | 0.46% | 0.72% | 5.07% | -1.88% | 2.13% | 3.12% | -4.94% | 13.58% |
Expense Ratio
ETV/QQQ-60/40 income + growth has an expense ratio of 0.08%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ETV/QQQ-60/40 income + growth is 39, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 0.54 | 0.90 | 1.14 | 0.54 | 2.22 |
QQQ Invesco QQQ | 0.47 | 0.81 | 1.11 | 0.51 | 1.67 |
Dividends
Dividend yield
ETV/QQQ-60/40 income + growth provided a 5.67% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.67% | 5.13% | 5.79% | 6.66% | 4.94% | 5.42% | 5.63% | 6.28% | 5.52% | 5.80% | 5.58% | 6.19% |
| Portfolio components: | ||||||||||||
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 9.03% | 8.18% | 9.24% | 10.57% | 7.94% | 8.66% | 8.89% | 9.86% | 8.65% | 8.96% | 8.64% | 9.38% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ETV/QQQ-60/40 income + growth. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETV/QQQ-60/40 income + growth was 49.92%, occurring on Nov 20, 2008. Recovery took 267 trading sessions.
The current ETV/QQQ-60/40 income + growth drawdown is 8.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.92% | Oct 8, 2007 | 285 | Nov 20, 2008 | 267 | Dec 14, 2009 | 552 |
| -36.2% | Feb 20, 2020 | 23 | Mar 23, 2020 | 55 | Jun 10, 2020 | 78 |
| -27.74% | Dec 28, 2021 | 253 | Dec 28, 2022 | 288 | Feb 22, 2024 | 541 |
| -21.89% | Oct 2, 2018 | 58 | Dec 24, 2018 | 77 | Apr 16, 2019 | 135 |
| -20.77% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The current ETV/QQQ-60/40 income + growth volatility is 12.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 2 assets, with an effective number of assets of 1.92, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | ETV | QQQ | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | 0.67 | 0.89 | 0.85 |
| ETV | 0.67 | 1.00 | 0.62 | 0.91 |
| QQQ | 0.89 | 0.62 | 1.00 | 0.87 |
| Portfolio | 0.85 | 0.91 | 0.87 | 1.00 |