EADIX vs. TQQQ
Compare and contrast key facts about Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and ProShares UltraPro QQQ (TQQQ).
EADIX is managed by BlackRock. It was launched on May 29, 2003. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Performance
EADIX vs. TQQQ - Performance Comparison
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EADIX vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EADIX Eaton Vance Tax-Managed Global Dividend Income Fund | -3.39% | 23.11% | 8.75% | 25.02% | -18.77% | 23.18% | 14.32% | 28.50% | -11.44% | 20.02% |
TQQQ ProShares UltraPro QQQ | -17.87% | 34.35% | 58.27% | 198.04% | -79.09% | 82.98% | 110.05% | 133.84% | -19.79% | 118.06% |
Returns By Period
In the year-to-date period, EADIX achieves a -3.39% return, which is significantly higher than TQQQ's -17.87% return. Over the past 10 years, EADIX has underperformed TQQQ with an annualized return of 10.12%, while TQQQ has yielded a comparatively higher 35.31% annualized return.
EADIX
- 1D
- 3.32%
- 1M
- -6.04%
- YTD
- -3.39%
- 6M
- 1.86%
- 1Y
- 18.69%
- 3Y*
- 14.60%
- 5Y*
- 8.67%
- 10Y*
- 10.12%
TQQQ
- 1D
- 3.72%
- 1M
- -12.88%
- YTD
- -17.87%
- 6M
- -17.28%
- 1Y
- 48.52%
- 3Y*
- 46.87%
- 5Y*
- 13.55%
- 10Y*
- 35.31%
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EADIX vs. TQQQ - Expense Ratio Comparison
EADIX has a 1.18% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Return for Risk
EADIX vs. TQQQ — Risk / Return Rank
EADIX
TQQQ
EADIX vs. TQQQ - Risk-Adjusted Trends Comparison
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.
| EADIX | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 0.72 | +0.31 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.41 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.41 | +0.15 |
Martin ratioReturn relative to average drawdown | 6.54 | 4.28 | +2.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EADIX | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 0.72 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.20 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.54 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.65 | -0.18 |
Correlation
The correlation between EADIX and TQQQ is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EADIX vs. TQQQ - Dividend Comparison
EADIX's dividend yield for the trailing twelve months is around 3.83%, more than TQQQ's 0.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EADIX Eaton Vance Tax-Managed Global Dividend Income Fund | 3.83% | 3.38% | 4.15% | 3.97% | 5.42% | 6.52% | 3.12% | 3.18% | 3.95% | 3.09% | 3.92% | 3.84% |
TQQQ ProShares UltraPro QQQ | 0.73% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Drawdowns
EADIX vs. TQQQ - Drawdown Comparison
The maximum EADIX drawdown since its inception was -52.70%, 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.
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Drawdown Indicators
| EADIX | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.70% | -81.66% | +28.96% |
Max Drawdown (1Y)Largest decline over 1 year | -12.01% | -36.97% | +24.96% |
Max Drawdown (5Y)Largest decline over 5 years | -27.71% | -81.66% | +53.95% |
Max Drawdown (10Y)Largest decline over 10 years | -35.34% | -81.66% | +46.32% |
Current DrawdownCurrent decline from peak | -8.17% | -28.08% | +19.91% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -18.66% | +10.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 12.13% | -9.27% |
Volatility
EADIX vs. TQQQ - Volatility Comparison
The current volatility for Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) is 6.78%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.74%. This indicates that EADIX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EADIX | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 19.74% | -12.96% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 38.50% | -28.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 67.35% | -49.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.77% | 66.53% | -49.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.62% | 65.83% | -48.21% |