EADIX vs. TQQQ

In the year-to-date period, EADIX achieves a 2.54% return, which is significantly higher than TQQQ's -25.26% return. Over the past 10 years, EADIX has underperformed TQQQ with an annualized return of 8.06%, while TQQQ has yielded a comparatively higher 29.89% annualized return.

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EADIX has a 1.18% expense ratio, which is higher than TQQQ's 0.95% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and ProShares UltraPro QQQ (TQQQ). 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.

The current EADIX Sharpe Ratio is 0.15, which is higher than the TQQQ Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of EADIX and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

EADIX's dividend yield for the trailing twelve months is around 4.14%, more than TQQQ's 1.67% yield.

The maximum EADIX drawdown since its inception was -52.46%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for EADIX and TQQQ. For additional features, visit the drawdowns tool.