Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EVT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EVT
EVT charges 0.01% annually. No mutual funds in the Dividend category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Tax-Advantaged Dividend Income Fund | 0.01% | — | Feb 2004 | EVT vs HTD | |
| The Gabelli Dividend and Income Trust | 0.01% | — | Nov 2003 | EVT vs GDV | |
| Virtus Dividend, Interest and Premium Strategy Fun... | 0.02% | — | Feb 2005 | EVT vs NFJ | |
| Wells Fargo Advantage Funds - Allspring Global Div... | 0.02% | — | Mar 2007 | EVT vs EOD | |
| Dimensional High Yield Equity Fund | 0.04% | — | Jan 2013 | EVT vs DHY |
Best Risk-Adjusted Alternatives to EVT
EVT has a PortfoliosLab risk / return rank of 52. There are 18 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 92 | — | Apr 2015 | EVT vs FDGDX | |
| Pioneer Multi-Asset Income Fund A | 89 | — | Dec 2011 | EVT vs PMAIX | |
| EuroPac International Dividend Income Fund Class A | 87 | — | Jan 2014 | EVT vs EPDPX | |
| Virtus Dividend, Interest and Premium Strategy Fun... | 84 | — | Feb 2005 | EVT vs NFJ | |
| Wells Fargo Advantage Funds - Allspring Global Div... | 82 | — | Mar 2007 | EVT vs EOD |
Top Performing EVT Alternatives (YTD)
EVT is at 10.58% YTD. There are 10 mutual funds in the Dividend category with higher YTD returns, going as high as 19.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Dividend, Interest and Premium Strategy Fun... | 19.71% | — | Feb 2005 | EVT vs NFJ | |
| Wells Fargo Advantage Funds - Allspring Global Div... | 17.52% | — | Mar 2007 | EVT vs EOD | |
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 17.24% | — | Apr 2015 | EVT vs FDGDX | |
| American Funds Fundamental Investors® Class F-2 | 15.23% | — | Aug 1978 | EVT vs FINFX | |
| EuroPac International Dividend Income Fund Class A | 13.86% | — | Jan 2014 | EVT vs EPDPX |
Lowest Volatility Alternatives to EVT
EVT has 11.83% 1-year volatility. There are 24 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.64%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.64% | — | Dec 2011 | EVT vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.17% | — | Dec 1973 | EVT vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 7.99% | — | Jul 1987 | EVT vs CAIFX | |
| JPMorgan Equity Premium Income Fund Class A | 8.60% | — | Aug 2018 | EVT vs JEPAX | |
| John Hancock Premium Dividend Fund | 8.93% | — | Dec 1989 | EVT vs PDT |
Lowest Drawdown Alternatives to EVT
EVT has a 1-year max drawdown of -9.22%. There are 24 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | EVT vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | EVT vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | EVT vs PDT | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | EVT vs CDDYX | |
| American Funds The Income Fund of America Class A | -6.13% | — | Dec 1973 | EVT vs AMECX |
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 EVT
Investors most often compare EVT with ETV, ADX, BGR. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare EVT with Any Fund or Stock
Compare EVT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EVT with funds that move differently
Eaton Vance Tax-Advantaged Dividend Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVT.
Explore EVT Diversifiers