Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) belongs to the Large Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ETY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ETY
ETY charges 1.06% annually. There are 319 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Growth Fund G Class | 0.01% | — | Mar 2022 | ETY vs ACIHX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.94B | Dec 2017 | ETY vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | ETY vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | ETY vs VIGIX | |
| Vanguard Growth Index Fund Admiral Shares | 0.05% | 393.80B | Nov 2000 | ETY vs VIGAX |
Best Risk-Adjusted Alternatives to ETY
ETY has a PortfoliosLab risk / return rank of 3. There are 398 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 90 | 92.00B | Nov 1984 | ETY vs VPMCX | |
| Chase Growth Fund Institutional Class | 90 | — | Jan 2007 | ETY vs CHAIX | |
| Chase Growth Fund | 89 | — | Dec 1997 | ETY vs CHASX | |
| One Rock Fund | 89 | — | Mar 2020 | ETY vs ONERX | |
| Fidelity Series Growth Company Fund | 88 | — | Nov 2013 | ETY vs FCGSX |
Top Performing ETY Alternatives (YTD)
ETY is at -1.65% YTD. There are 396 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 61.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 61.33% | — | Mar 2020 | ETY vs ONERX | |
| Rydex S&P 500 Pure Growth Fund | 29.02% | — | Feb 2004 | ETY vs RYGRX | |
| ICON Equity Fund | 28.44% | — | Oct 2002 | ETY vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 27.33% | — | Feb 2017 | ETY vs FUMIX | |
| Chase Growth Fund | 26.84% | — | Dec 1997 | ETY vs CHASX |
Lowest Volatility Alternatives to ETY
ETY has 13.57% 1-year volatility. There are 47 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.86% | — | Sep 2019 | ETY vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.73% | — | Jan 2005 | ETY vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 10.02% | — | Dec 2015 | ETY vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.18% | — | Apr 2010 | ETY vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.65% | — | Sep 2018 | ETY vs GQEPX |
Lowest Drawdown Alternatives to ETY
ETY has a 1-year max drawdown of -14.40%. There are 193 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -3.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | ETY vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | ETY vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | ETY vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | ETY vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | ETY vs DNVYX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Tax Advantaged Global Dividend Income ... | Global Equities | 24 | 4.10% | — | Jan 2004 | ETY vs ETG | |
| Eaton Vance Global Macro Absolute Return Advantage... | Nontraditional Bonds | 98 | 8.64% | — | Aug 2010 | ETY vs EGRIX | |
| Eaton Vance Tax-Managed Global Diversified Equity ... | Dividend, Global Equity Income | 36 | 6.68% | — | Feb 2007 | ETY vs EXG | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 94 | 2.78% | — | Apr 2009 | ETY vs ESIIX | |
| Eaton Vance Multi-Asset Credit Fund | High Yield Bonds | 89 | 1.90% | — | Oct 2011 | ETY vs EIAMX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 98 | 8.49% | — | Feb 2013 | ETY vs EELDX | |
| Eaton Vance Massachusetts Municipal Income Fund | Municipal Bonds | 77 | 1.94% | — | Jun 1993 | ETY vs EIMAX | |
| Eaton Vance Richard Bernstein All Asset Strategy F... | Tactical Allocation | 53 | 7.87% | — | Sep 2011 | ETY vs EIRAX | |
| Eaton Vance Global Macro Absolute Return Fund | Nontraditional Bonds | 99 | 5.42% | — | Jun 2007 | ETY vs EIGMX | |
| Parametric Commodity Strategy Fund Class I | Commodities | 74 | 17.04% | — | May 2011 | ETY vs EIPCX |
Often Compared With ETY
Investors most often compare ETY with CII, ADX, EVT. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare ETY with Any Fund or Stock
Compare ETY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ETY with funds that move differently
Eaton Vance Tax Managed Diversified Equity Income Closed Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETY.
Explore ETY Diversifiers