CALM vs. ETV
CALM (Cal-Maine Foods, Inc.) and ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund) are both stocks. CALM operates in Farm Products (Consumer Defensive), while ETV operates in Asset Management (Financial Services). Over the past 10 years, CALM returned 9.71%/yr vs 9.42%/yr for ETV. At a 0.23 correlation, their price movements are largely independent.
Performance
CALM vs. ETV - Performance Comparison
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Returns By Period
In the year-to-date period, CALM achieves a -1.01% return, which is significantly lower than ETV's 8.19% return. Both investments have delivered pretty close results over the past 10 years, with CALM having a 9.71% annualized return and ETV not far behind at 9.42%.
CALM
- 1D
- -0.73%
- 1M
- -0.68%
- YTD
- -1.01%
- 6M
- -8.09%
- 1Y
- -20.64%
- 3Y*
- 24.07%
- 5Y*
- 22.74%
- 10Y*
- 9.71%
ETV
- 1D
- 1.29%
- 1M
- 2.81%
- YTD
- 8.19%
- 6M
- 8.26%
- 1Y
- 21.04%
- 3Y*
- 15.54%
- 5Y*
- 7.27%
- 10Y*
- 9.42%
CALM vs. ETV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | -1.01% | -15.61% | 87.00% | 14.48% | 51.87% | -1.38% | -12.19% | 2.09% | -3.90% | 0.62% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.19% | 8.63% | 27.67% | 9.94% | -19.73% | 18.41% | 13.03% | 21.25% | -4.29% | 12.98% |
Correlation
The correlation between CALM and ETV is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2005 | 0.23 |
The correlation between CALM and ETV shifts across timeframes, from -0.01 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CALM:
$3.69B
ETV:
$1.74B
CALM:
$14.48
ETV:
$4.95
CALM:
5.37
ETV:
3.01
CALM:
0.00
ETV:
0.10
CALM:
1.08
ETV:
5.73
CALM:
1.36
ETV:
0.95
CALM:
$3.46B
ETV:
$303.84M
CALM:
$1.17B
ETV:
$149.51M
CALM:
$1.05B
ETV:
$578.17M
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Return for Risk
CALM vs. ETV — Risk / Return Rank
CALM
ETV
CALM vs. ETV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cal-Maine Foods, Inc. (CALM) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CALM | ETV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.33 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.30 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 2.04 | -2.60 |
| Martin ratioReturn relative to average drawdown | -0.85 | 10.40 | -11.25 |
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Drawdowns
CALM vs. ETV - Drawdown Comparison
The maximum CALM drawdown since its inception was -74.08%, which is greater than ETV's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for CALM and ETV.
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Drawdown Indicators
| CALM | ETV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -52.11% | -21.97% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -10.34% | -26.66% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -20.27% | -16.73% |
Max Drawdown (5Y)Largest decline over 5 years | -37.00% | -22.71% | -14.29% |
Max Drawdown (10Y)Largest decline over 10 years | -39.12% | -42.39% | +3.27% |
Current DrawdownCurrent decline from peak | -31.50% | 0.00% | -31.50% |
Average DrawdownAverage peak-to-trough decline | -30.31% | -5.57% | -24.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.26% | 2.03% | +22.23% |
Volatility
CALM vs. ETV - Volatility Comparison
Cal-Maine Foods, Inc. (CALM) has a higher volatility of 6.08% compared to Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) at 3.62%. This indicates that CALM's price experiences larger fluctuations and is considered to be riskier than ETV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CALM | ETV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 3.62% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 20.30% | 10.25% | +10.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.73% | 12.46% | +20.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.63% | 16.90% | +15.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.13% | 19.29% | +11.84% |
Dividends
CALM vs. ETV - Dividend Comparison
CALM's dividend yield for the trailing twelve months is around 6.18%, less than ETV's 7.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | 6.18% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 7.99% | 8.30% | 8.18% | 9.24% | 10.57% | 7.94% | 8.66% | 8.89% | 9.86% | 8.65% | 8.96% | 8.69% |
Financials
CALM vs. ETV - Financials Comparison
This section allows you to compare key financial metrics between Cal-Maine Foods, Inc. and Eaton Vance Tax-Managed Buy-Write Opportunities Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CALM and ETV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CALM has higher volatility (6.08%) compared to ETV (3.62%). In terms of maximum drawdown, CALM dropped -74.08% vs ETV's -52.11%.
ETV currently has the higher Sharpe Ratio (1.70 vs -0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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