EATVX vs. SPY
Compare and contrast key facts about Eaton Vance Tax Managed Value Fund (EATVX) and SPDR S&P 500 ETF (SPY).
EATVX is managed by Blackrock. It was launched on Dec 27, 1999. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EATVX or SPY.
Correlation
The correlation between EATVX and SPY is 0.92, 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.
Performance
EATVX vs. SPY - Performance Comparison
Key characteristics
EATVX:
1.10
SPY:
1.88
EATVX:
1.55
SPY:
2.53
EATVX:
1.21
SPY:
1.35
EATVX:
1.22
SPY:
2.83
EATVX:
3.72
SPY:
11.74
EATVX:
3.44%
SPY:
2.02%
EATVX:
11.63%
SPY:
12.64%
EATVX:
-53.00%
SPY:
-55.19%
EATVX:
-6.12%
SPY:
-0.42%
Returns By Period
In the year-to-date period, EATVX achieves a 3.85% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, EATVX has underperformed SPY with an annualized return of 6.90%, while SPY has yielded a comparatively higher 13.18% annualized return.
EATVX
3.85%
-0.92%
1.73%
12.52%
6.60%
6.90%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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EATVX vs. SPY - Expense Ratio Comparison
EATVX has a 1.15% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EATVX vs. SPY — Risk-Adjusted Performance Rank
EATVX
SPY
EATVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Managed Value Fund (EATVX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
EATVX vs. SPY - Dividend Comparison
EATVX's dividend yield for the trailing twelve months is around 0.75%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EATVX Eaton Vance Tax Managed Value Fund | 0.75% | 0.78% | 0.72% | 1.12% | 0.79% | 1.05% | 1.08% | 1.13% | 0.95% | 1.10% | 1.36% | 1.15% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EATVX vs. SPY - Drawdown Comparison
The maximum EATVX drawdown since its inception was -53.00%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EATVX and SPY. For additional features, visit the drawdowns tool.
Volatility
EATVX vs. SPY - Volatility Comparison
The current volatility for Eaton Vance Tax Managed Value Fund (EATVX) is 2.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.93%. This indicates that EATVX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.