EVT Alternatives & Similar Mutual Funds

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
HTD	John Hancock Tax-Advantaged Dividend Income Fund	0.01%	—	Feb 2004	EVT vs HTD
GDV	The Gabelli Dividend and Income Trust	0.01%	—	Nov 2003	EVT vs GDV
NFJ	Virtus Dividend, Interest and Premium Strategy Fun...	0.02%	—	Feb 2005	EVT vs NFJ
EOD	Wells Fargo Advantage Funds - Allspring Global Div...	0.02%	—	Mar 2007	EVT vs EOD
DHY	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 45. There are 25 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	88	—	Apr 2015	EVT vs FDGDX
FDGFX	Fidelity Dividend Growth Fund	86	—	Apr 1993	EVT vs FDGFX
NFJ	Virtus Dividend, Interest and Premium Strategy Fun...	84	—	Feb 2005	EVT vs NFJ
EOD	Wells Fargo Advantage Funds - Allspring Global Div...	83	—	Mar 2007	EVT vs EOD
VIHAX	Vanguard International High Dividend Yield Index F...	82	20.50B	Mar 2016	EVT vs VIHAX

Top Performing EVT Alternatives (YTD)

EVT is at 9.41% YTD. There are 17 mutual funds in the Dividend category with higher YTD returns, going as high as 21.68%.

Symbol	Name	YTD Return	AUM	Inception
NFJ	Virtus Dividend, Interest and Premium Strategy Fun...	21.68%	—	Feb 2005	EVT vs NFJ
FDGFX	Fidelity Dividend Growth Fund	17.96%	—	Apr 1993	EVT vs FDGFX
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	17.58%	—	Apr 2015	EVT vs FDGDX
EOD	Wells Fargo Advantage Funds - Allspring Global Div...	15.85%	—	Mar 2007	EVT vs EOD
FINFX	American Funds Fundamental Investors® Class F-2	14.35%	—	Aug 1978	EVT vs FINFX

Lowest Volatility Alternatives to EVT

EVT has 12.34% 1-year volatility. There are 28 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	5.90%	—	Dec 2011	EVT vs PMAIX
AMECX	American Funds The Income Fund of America Class A	7.42%	—	Dec 1973	EVT vs AMECX
CAIFX	American Funds Capital Income Builder Fund Class F...	8.24%	—	Jul 1987	EVT vs CAIFX
JEPAX	JPMorgan Equity Premium Income Fund Class A	8.78%	—	Aug 2018	EVT vs JEPAX
PDT	John Hancock Premium Dividend Fund	8.99%	—	Dec 1989	EVT vs PDT

Lowest Drawdown Alternatives to EVT

EVT has a 1-year max drawdown of -9.22%. There are 25 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	-4.07%	—	Dec 2011	EVT vs PMAIX
SVAAX	Federated Hermes Strategic Value Dividend Fund Cla...	-4.71%	—	Mar 2005	EVT vs SVAAX
PDT	John Hancock Premium Dividend Fund	-5.38%	—	Dec 1989	EVT vs PDT
CDDYX	Columbia Dividend Income Fund Institutional 3 Clas...	-5.51%	—	Nov 2012	EVT vs CDDYX
AMECX	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	23	1.63%	—	Jan 2004	EVT vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	98	7.87%	—	Aug 2010	EVT vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	30	3.51%	—	Feb 2007	EVT vs EXG
EOI	Eaton Vance Enhanced Equity Income Fund	Large Cap Blend Equities	4	-3.20%	—	Oct 2004	EVT vs EOI
EADOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.49%	—	Sep 2015	EVT vs EADOX
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	87	1.46%	—	Oct 2011	EVT vs EIAMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	4	-2.80%	—	Nov 2006	EVT vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	70	1.63%	—	Jun 1993	EVT vs EIMAX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.33%	—	Apr 2009	EVT vs ESIIX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	7.65%	—	Feb 2013	EVT vs EELDX

Often Compared With EVT

Investors most often compare EVT with ETV, ADX, BGR. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETV	Eaton Vance Tax-Managed Buy-Write Opportunities Fu...		80	7.17%	—	—	EVT vs ETV
ADX	Adams Diversified Equity Fund, Inc.	Large Cap Blend Equities	61	11.06%	—	Jan 1990	EVT vs ADX
BGR	BlackRock Energy and Resources Trust		74	14.53%	—	—	EVT vs BGR
PDO	Pimco Dynamic Income Opportunities Fund		63	-1.49%	—	—	EVT vs PDO
FCEF	First Trust CEF Income Opportunity ETF	Diversified Portfolio	60	6.36%	77.98M	Sep 2016	EVT vs FCEF
OIEIX	JPMorgan Equity Income Fund Class A	Dividend	77	12.74%	—	—	EVT vs OIEIX
BND	Vanguard Total Bond Market ETF	Total Bond Market	32	0.49%	394.40B	Apr 2007	EVT vs BND
AMINX	Amana Income Fund Institutional Class	Dividend	44	12.08%	—	Sep 2013	EVT vs AMINX
DHS	WisdomTree US High Dividend Fund	Large Cap Value Equities, Dividend	72	12.61%	1.47B	Jun 2006	EVT vs DHS
EPDPX	EuroPac International Dividend Income Fund Class A	Foreign Large Cap Equities, Dividend	74	7.93%	—	Jan 2014	EVT vs EPDPX
GPIX	Goldman Sachs S&P 500 Premium Income ETF	Derivative Income, S&P 500	66	7.99%	4.27B	Oct 2023	EVT vs GPIX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	51	7.75%	—	Sep 2011	EVT vs EIRAX
VDIGX	Vanguard Dividend Growth Fund	Dividend, Large Cap Blend Equities	16	2.27%	36.40B	May 1992	EVT vs VDIGX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	60	4.30%	—	Jun 2007	EVT vs EEIAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	63	13.72%	—	Sep 1931	EVT vs EHSTX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	Large Cap Value Equities, Dividend	79	11.67%	96.10B	Feb 2019	EVT vs VHYAX
AFNIX	AAM/Bahl & Gaynor Income Growth Fund Class I	Large Cap Blend Equities, Dividend	—	—	—	Jul 2012	EVT vs AFNIX
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	30	8.20%	3.27B	Oct 2012	EVT vs SPHD
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	1	-3.93%	—	Apr 2002	EVT vs EISMX
USA	Liberty All-Star Equity Fund		28	-4.98%	—	—	EVT vs USA

Compare EVT with Any Fund or Stock

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

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Diversifiers

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

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) Alternatives