Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ETB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ETB
ETB charges 0.01% annually. No mutual funds in the Options Trading category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| XAI Madison Equity Premium Income Fund | 0.02% | — | Jan 2015 | ETB vs MCN | |
| Parametric Volatility Risk Premium - Defensive Fun... | 0.47% | — | Feb 2017 | ETB vs EIVPX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | ETB vs JHQTX | |
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | ETB vs JHQDX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | ETB vs GCPYX |
Best Risk-Adjusted Alternatives to ETB
ETB has a PortfoliosLab risk / return rank of 48. There are 17 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | ETB vs PPFIX | |
| MAI Managed Volatility Fund | 92 | — | Sep 2010 | ETB vs MAIPX | |
| Glenmede Secured Options Portfolio | 91 | — | Jun 2010 | ETB vs GTSOX | |
| Parametric Volatility Risk Premium - Defensive Fun... | 88 | — | Feb 2017 | ETB vs EIVPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | ETB vs JDIEX |
Top Performing ETB Alternatives (YTD)
ETB is at 6.99% YTD. There are 4 mutual funds in the Options Trading category with higher YTD returns, going as high as 11.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.69% | — | Jan 2007 | ETB vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 8.36% | — | Sep 2016 | ETB vs HMXIX | |
| Easterly Hedged Equity Fund | 7.61% | — | Jul 2015 | ETB vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.52% | — | Jun 2010 | ETB vs GTSOX | |
| Cboe Vest US Large Cap 10% Buffer Fund | 6.88% | — | Aug 2016 | ETB vs BUIGX |
Lowest Volatility Alternatives to ETB
ETB has 11.53% 1-year volatility. There are 24 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.88% | — | Nov 2016 | ETB vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.60% | — | Apr 2012 | ETB vs STTIX | |
| MAI Managed Volatility Fund | 4.85% | — | Sep 2010 | ETB vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.19% | — | Oct 2017 | ETB vs BPRLX | |
| Rational Tactical Return Fund | 5.25% | — | Apr 2007 | ETB vs HRSTX |
Lowest Drawdown Alternatives to ETB
ETB has a 1-year max drawdown of -9.16%. There are 25 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | ETB vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | ETB vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | ETB vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | ETB vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | ETB vs JDIEX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 10 categories.
Often Compared With ETB
Investors most often compare ETB with EHSTX, SDRIX, QQQI. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare ETB with Any Fund or Stock
Compare ETB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ETB with funds that move differently
Eaton Vance Tax-Managed Buy-Write Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETB.
Explore ETB Diversifiers