EHSTX vs. DVY
EHSTX (Eaton Vance Large-Cap Value Fund) and DVY (iShares Select Dividend ETF) are both Large Cap Value Equities funds. Over the past 10 years, EHSTX returned 10.96%/yr vs 10.13%/yr for DVY. Their correlation of 0.89 suggests significant overlap in exposure. EHSTX charges 1.01%/yr vs 0.39%/yr for DVY.
Performance
EHSTX vs. DVY - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EHSTX having a 15.15% return and DVY slightly higher at 15.49%. Over the past 10 years, EHSTX has outperformed DVY with an annualized return of 10.96%, while DVY has yielded a comparatively lower 10.13% annualized return.
EHSTX
- 1D
- 0.26%
- 1M
- 1.86%
- 6M
- 11.68%
- YTD
- 15.15%
- 1Y
- 22.41%
- 3Y*
- 14.54%
- 5Y*
- 9.89%
- 10Y*
- 10.96%
DVY
- 1D
- 0.65%
- 1M
- 1.84%
- 6M
- 12.19%
- YTD
- 15.49%
- 1Y
- 22.12%
- 3Y*
- 16.03%
- 5Y*
- 10.64%
- 10Y*
- 10.13%
EHSTX vs. DVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EHSTX Eaton Vance Large-Cap Value Fund | 15.15% | 12.11% | 11.25% | 7.93% | -2.80% | 24.25% | 2.29% | 30.84% | -6.96% | 14.79% |
DVY iShares Select Dividend ETF | 15.49% | 11.60% | 16.24% | 1.12% | 1.80% | 31.70% | -4.91% | 22.62% | -6.36% | 14.82% |
Correlation
The correlation between EHSTX and DVY is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2003 | 0.89 |
Over the past year, the correlation between EHSTX and DVY has dropped to 0.67 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
EHSTX vs. DVY — Risk / Return Rank
EHSTX
DVY
EHSTX vs. DVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Large-Cap Value Fund (EHSTX) and iShares Select Dividend ETF (DVY). 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.
| EHSTX | DVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 3.22 | -0.59 |
| Martin ratioReturn relative to average drawdown | 10.58 | 11.30 | -0.72 |
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Drawdowns
EHSTX vs. DVY - Drawdown Comparison
The maximum EHSTX drawdown since its inception was -53.47%, smaller than the maximum DVY drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for EHSTX and DVY.
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Drawdown Indicators
| EHSTX | DVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.47% | -62.59% | +9.12% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -6.89% | -1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -16.44% | -16.00% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -16.44% | -17.54% | +1.10% |
Max Drawdown (10Y)Largest decline over 10 years | -39.30% | -41.59% | +2.29% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -7.39% | -8.76% | +1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 1.96% | +0.10% |
Volatility
EHSTX vs. DVY - Volatility Comparison
Eaton Vance Large-Cap Value Fund (EHSTX) and iShares Select Dividend ETF (DVY) have volatilities of 3.79% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EHSTX | DVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 3.74% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 7.68% | +1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.62% | 11.19% | +0.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.75% | 15.13% | -0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.24% | 18.00% | -0.76% |
EHSTX vs. DVY - Expense Ratio Comparison
EHSTX has a 1.01% expense ratio, which is higher than DVY's 0.39% expense ratio.
Dividends
EHSTX vs. DVY - Dividend Comparison
EHSTX's dividend yield for the trailing twelve months is around 5.26%, more than DVY's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 3.28% | 3.65% | 3.65% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% |
EHSTX Eaton Vance Large-Cap Value Fund | 5.26% | 6.12% | 4.03% | 2.93% | 4.25% | 7.32% | 1.94% | 2.76% | 10.94% | 5.88% | 1.33% | 11.02% |
Frequently Asked Questions
EHSTX and DVY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EHSTX has higher volatility (3.79%) compared to DVY (3.74%). In terms of maximum drawdown, EHSTX dropped -53.47% vs DVY's -62.59%.
DVY currently has the higher Sharpe Ratio (1.99 vs 1.88), 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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