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ETG vs. EXG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ETG vs. EXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG). The values are adjusted to include any dividend payments, if applicable.

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ETG vs. EXG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ETG
Eaton Vance Tax Advantaged Global Dividend Income Closed Fund
-11.37%36.92%15.46%21.97%-27.62%33.08%10.08%43.62%-15.90%33.55%
EXG
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
-7.20%27.79%16.04%11.46%-22.24%31.53%10.19%28.71%-12.09%29.58%

Returns By Period

In the year-to-date period, ETG achieves a -11.37% return, which is significantly lower than EXG's -7.20% return. Over the past 10 years, ETG has outperformed EXG with an annualized return of 11.66%, while EXG has yielded a comparatively lower 9.69% annualized return.


ETG

1D
3.44%
1M
-12.13%
YTD
-11.37%
6M
-1.37%
1Y
18.89%
3Y*
16.18%
5Y*
9.36%
10Y*
11.66%

EXG

1D
4.59%
1M
-9.69%
YTD
-7.20%
6M
-0.71%
1Y
16.23%
3Y*
13.21%
5Y*
7.59%
10Y*
9.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ETG vs. EXG - Expense Ratio Comparison

ETG has a 2.57% expense ratio, which is higher than EXG's 1.07% expense ratio.


Return for Risk

ETG vs. EXG — Risk / Return Rank

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

ETG
ETG Risk / Return Rank: 5151
Overall Rank
ETG Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
ETG Sortino Ratio Rank: 5757
Sortino Ratio Rank
ETG Omega Ratio Rank: 5353
Omega Ratio Rank
ETG Calmar Ratio Rank: 4444
Calmar Ratio Rank
ETG Martin Ratio Rank: 4949
Martin Ratio Rank

EXG
EXG Risk / Return Rank: 4848
Overall Rank
EXG Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
EXG Sortino Ratio Rank: 4949
Sortino Ratio Rank
EXG Omega Ratio Rank: 5252
Omega Ratio Rank
EXG Calmar Ratio Rank: 4545
Calmar Ratio Rank
EXG Martin Ratio Rank: 5151
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.

ETG vs. EXG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG). 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.


ETGEXGDifference

Sharpe ratio

Return per unit of total volatility

0.95

0.89

+0.06

Sortino ratio

Return per unit of downside risk

1.48

1.37

+0.12

Omega ratio

Gain probability vs. loss probability

1.21

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

1.11

1.12

-0.01

Martin ratio

Return relative to average drawdown

4.84

5.00

-0.16

ETG vs. EXG - Sharpe Ratio Comparison

The current ETG Sharpe Ratio is 0.95, which is comparable to the EXG Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of ETG and EXG, 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


ETGEXGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

0.89

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.44

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.49

+0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.29

+0.07

Correlation

The correlation between ETG and EXG 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

ETG vs. EXG - Dividend Comparison

ETG's dividend yield for the trailing twelve months is around 7.71%, less than EXG's 9.10% yield.


TTM20252024202320222021202020192018201720162015
ETG
Eaton Vance Tax Advantaged Global Dividend Income Closed Fund
7.71%6.72%8.03%7.02%9.94%6.02%6.74%6.83%9.08%7.69%8.74%7.93%
EXG
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
9.10%8.27%9.27%8.60%10.59%7.27%8.43%8.42%12.23%9.84%12.16%11.02%

Drawdowns

ETG vs. EXG - Drawdown Comparison

The maximum ETG drawdown since its inception was -74.76%, which is greater than EXG's maximum drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for ETG and EXG.


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Drawdown Indicators


ETGEXGDifference

Max Drawdown

Largest peak-to-trough decline

-74.76%

-58.45%

-16.31%

Max Drawdown (1Y)

Largest decline over 1 year

-16.64%

-14.28%

-2.36%

Max Drawdown (5Y)

Largest decline over 5 years

-31.64%

-27.82%

-3.82%

Max Drawdown (10Y)

Largest decline over 10 years

-51.53%

-45.36%

-6.17%

Current Drawdown

Current decline from peak

-13.77%

-10.34%

-3.43%

Average Drawdown

Average peak-to-trough decline

-13.55%

-9.68%

-3.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.81%

3.19%

+0.62%

Volatility

ETG vs. EXG - Volatility Comparison

Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) have volatilities of 7.08% and 7.18%, 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


ETGEXGDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.08%

7.18%

-0.10%

Volatility (6M)

Calculated over the trailing 6-month period

11.53%

10.46%

+1.07%

Volatility (1Y)

Calculated over the trailing 1-year period

20.00%

18.24%

+1.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.69%

17.35%

+2.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.15%

19.93%

+1.22%