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EATVX vs. NASDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EATVX vs. NASDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax Managed Value Fund (EATVX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). The values are adjusted to include any dividend payments, if applicable.

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EATVX vs. NASDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EATVX
Eaton Vance Tax Managed Value Fund
1.24%12.86%14.37%9.44%-9.77%25.92%4.39%29.73%-5.98%17.65%
NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
-6.04%21.00%36.91%54.69%-32.57%27.32%48.59%38.22%-1.21%31.27%

Returns By Period

In the year-to-date period, EATVX achieves a 1.24% return, which is significantly higher than NASDX's -6.04% return. Over the past 10 years, EATVX has underperformed NASDX with an annualized return of 10.32%, while NASDX has yielded a comparatively higher 19.48% annualized return.


EATVX

1D
2.25%
1M
-5.56%
YTD
1.24%
6M
4.73%
1Y
14.94%
3Y*
12.79%
5Y*
8.16%
10Y*
10.32%

NASDX

1D
3.39%
1M
-5.03%
YTD
-6.04%
6M
-4.08%
1Y
22.65%
3Y*
25.90%
5Y*
14.78%
10Y*
19.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EATVX vs. NASDX - Expense Ratio Comparison

EATVX has a 1.15% expense ratio, which is higher than NASDX's 0.63% expense ratio.


Return for Risk

EATVX vs. NASDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EATVX
EATVX Risk / Return Rank: 4343
Overall Rank
EATVX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
EATVX Sortino Ratio Rank: 3939
Sortino Ratio Rank
EATVX Omega Ratio Rank: 4141
Omega Ratio Rank
EATVX Calmar Ratio Rank: 4444
Calmar Ratio Rank
EATVX Martin Ratio Rank: 5252
Martin Ratio Rank

NASDX
NASDX Risk / Return Rank: 6565
Overall Rank
NASDX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
NASDX Sortino Ratio Rank: 6161
Sortino Ratio Rank
NASDX Omega Ratio Rank: 5757
Omega Ratio Rank
NASDX Calmar Ratio Rank: 7878
Calmar Ratio Rank
NASDX Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EATVX vs. NASDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Managed Value Fund (EATVX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.


EATVXNASDXDifference

Sharpe ratio

Return per unit of total volatility

0.90

1.04

-0.14

Sortino ratio

Return per unit of downside risk

1.33

1.63

-0.30

Omega ratio

Gain probability vs. loss probability

1.20

1.23

-0.03

Calmar ratio

Return relative to maximum drawdown

1.25

1.87

-0.62

Martin ratio

Return relative to average drawdown

5.51

7.07

-1.56

EATVX vs. NASDX - Sharpe Ratio Comparison

The current EATVX Sharpe Ratio is 0.90, which is comparable to the NASDX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of EATVX and NASDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EATVXNASDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.90

1.04

-0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.64

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.86

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.29

+0.15

Correlation

The correlation between EATVX and NASDX is 0.73, 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

EATVX vs. NASDX - Dividend Comparison

EATVX's dividend yield for the trailing twelve months is around 4.11%, more than NASDX's 3.80% yield.


TTM20252024202320222021202020192018201720162015
EATVX
Eaton Vance Tax Managed Value Fund
4.11%4.16%3.75%3.24%2.17%4.50%1.29%1.13%1.57%0.95%1.10%8.71%
NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
3.80%3.76%16.95%7.61%3.75%2.59%1.28%7.09%2.47%1.65%0.75%0.85%

Drawdowns

EATVX vs. NASDX - Drawdown Comparison

The maximum EATVX drawdown since its inception was -53.01%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for EATVX and NASDX.


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Drawdown Indicators


EATVXNASDXDifference

Max Drawdown

Largest peak-to-trough decline

-53.01%

-83.16%

+30.15%

Max Drawdown (1Y)

Largest decline over 1 year

-12.69%

-12.70%

+0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-20.70%

-35.33%

+14.63%

Max Drawdown (10Y)

Largest decline over 10 years

-38.63%

-35.33%

-3.30%

Current Drawdown

Current decline from peak

-5.97%

-8.91%

+2.94%

Average Drawdown

Average peak-to-trough decline

-8.23%

-34.59%

+26.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.89%

3.37%

-0.48%

Volatility

EATVX vs. NASDX - Volatility Comparison

The current volatility for Eaton Vance Tax Managed Value Fund (EATVX) is 4.71%, while Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a volatility of 6.54%. This indicates that EATVX experiences smaller price fluctuations and is considered to be less risky than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EATVXNASDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.71%

6.54%

-1.83%

Volatility (6M)

Calculated over the trailing 6-month period

8.72%

12.89%

-4.17%

Volatility (1Y)

Calculated over the trailing 1-year period

16.59%

22.75%

-6.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.06%

23.07%

-8.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.52%

22.63%

-5.11%