ETO Alternatives & Similar Mutual Funds

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ETO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ETO

ETO charges 2.56% annually. There are 245 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	ETO vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	ETO vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	ETO vs SSGLX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	ETO vs UCEQX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	90.20B	Feb 2019	ETO vs VTWAX

Best Risk-Adjusted Alternatives to ETO

ETO has a PortfoliosLab risk / return rank of 32. There are 141 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAGX	LSV Global Value Fund	96	—	Jun 2014	ETO vs LVAGX
VGPMX	Vanguard Global Capital Cycles Fund	95	3.90B	May 1984	ETO vs VGPMX
GCCHX	GMO Climate Change Fund	93	—	Apr 2017	ETO vs GCCHX
EPSYX	MainStay Epoch Global Equity Yield Fund	92	—	Dec 2005	ETO vs EPSYX
JGYIX	John Hancock Global Shareholder Yield Fund	92	—	Feb 2007	ETO vs JGYIX

Top Performing ETO Alternatives (YTD)

ETO is at 4.38% YTD. There are 204 mutual funds in the Global Equities category with higher YTD returns, going as high as 28.94%.

Symbol	Name	YTD Return	AUM	Inception
OBEGX	Oberweis Global Opportunities Fund	28.94%	—	Jan 1987	ETO vs OBEGX
GCCHX	GMO Climate Change Fund	28.83%	—	Apr 2017	ETO vs GCCHX
LVAGX	LSV Global Value Fund	25.25%	—	Jun 2014	ETO vs LVAGX
AGLOX	Ariel Global Fund	24.67%	—	Dec 2011	ETO vs AGLOX
PRGSX	T. Rowe Price Global Stock Fund	23.78%	—	Dec 1995	ETO vs PRGSX

Lowest Volatility Alternatives to ETO

ETO has 14.97% 1-year volatility. There are 169 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.81%	2.00B	Dec 2013	ETO vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	6.83%	2.00B	Dec 2013	ETO vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.21%	—	Jul 2006	ETO vs SVTAX
MFWIX	MFS Global Total Return Fund Class I	7.38%	—	Sep 1990	ETO vs MFWIX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.62%	—	Jan 2016	ETO vs SGMAX

Lowest Drawdown Alternatives to ETO

ETO has a 1-year max drawdown of -15.27%. There are 216 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	ETO vs RTXAX
GQFPX	GQG Partners Global Quality Dividend Income Fund	-5.24%	—	Jun 2021	ETO vs GQFPX
GQRPX	GQG Partners Global Quality Equity Fund	-5.37%	—	Mar 2019	ETO vs GQRPX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	-5.40%	—	Mar 2019	ETO vs GQRIX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	ETO vs LVAFX

Other Mutual Funds from Eaton Vance

The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	23	2.94%	—	Jan 2004	ETO vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	97	6.67%	—	Aug 2010	ETO vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	23	2.69%	—	Feb 2007	ETO vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	84	1.46%	—	Oct 2011	ETO vs EIAMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	6	-0.63%	—	Nov 2006	ETO vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	70	1.63%	—	Jun 1993	ETO vs EIMAX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	97	6.66%	—	Feb 2013	ETO vs EELDX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.18%	—	Apr 2009	ETO vs ESIIX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	50	7.81%	—	Sep 2011	ETO vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	55	12.24%	—	Sep 1931	ETO vs EHSTX

Often Compared With ETO

Investors most often compare ETO with OVF, ADX, DIVI. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
OVF	Overlay Shares Foreign Equity ETF	Foreign Large Cap Equities	58	14.61%	29.60M	Sep 2019	ETO vs OVF
ADX	Adams Diversified Equity Fund, Inc.	Large Cap Growth Equities	73	13.47%	—	Jan 1990	ETO vs ADX
DIVI	Franklin International Core Dividend Tilt Index ET...	Foreign Large Cap Equities	52	10.89%	2.55B	Jun 2016	ETO vs DIVI
GAOAX	JPMorgan Global Allocation Fund A	Global Equities	29	5.47%	—	May 2011	ETO vs GAOAX
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	Global Equities	40	9.47%	—	Aug 2017	ETO vs CSUAX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	24	7.33%	—	—	ETO vs GLIFX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	58	4.30%	—	Jun 2007	ETO vs EEIAX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-1.95%	—	Apr 2002	ETO vs EISMX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities	17	2.95%	—	Dec 2013	ETO vs MVGIX
FGIAX	Nuveen Global Infrastructure Fund Class A	Global Equities	29	9.87%	—	Dec 2007	ETO vs FGIAX
FMIEX	Wasatch Global Value Fund Investor Class Shares	Global Equities	89	13.17%	—	Sep 1996	ETO vs FMIEX
ARTHX	Artisan Global Equity Fund	Global Equities	62	13.35%	—	Mar 2010	ETO vs ARTHX
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	89	23.10%	—	May 2007	ETO vs CAEIX
PRAFX	T. Rowe Price Real Assets Fund	Global Equities	57	15.05%	—	Jul 2010	ETO vs PRAFX
TAVFX	Third Avenue Value Fund	Global Equities	84	16.28%	—	Oct 1990	ETO vs TAVFX
PGVFX	Polaris Global Value Fund	Global Equities	90	19.64%	—	May 1998	ETO vs PGVFX
MDGCX	BlackRock Advantage Global Fund, Inc.	Global Equities	91	19.80%	—	Aug 1994	ETO vs MDGCX
NALFX	New Alternatives Fund	Global Equities	64	19.18%	—	Sep 1982	ETO vs NALFX
SGSCX	DWS Global Small Cap Fund	Global Equities	85	20.12%	—	Sep 1991	ETO vs SGSCX
GLOSX	Pioneer Global Sustainable Equity Fund Class A	Global Equities, Sustainable	88	16.09%	—	Dec 2005	ETO vs GLOSX

Compare ETO with Any Fund or Stock

Compare ETO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair ETO with funds that move differently

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETO.

Explore ETO Diversifiers

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) Alternatives