ETG vs. VT

Last updated Jun 3, 2026

ETG (Eaton Vance Tax Advantaged Global Dividend Income Closed Fund) and VT (Vanguard Total World Stock ETF) are both Global Equities funds. ETG is actively managed, while VT is passively managed. Over the past 10 years, ETG returned 13.16%/yr vs 12.84%/yr for VT. A 0.77 correlation means they provide meaningful diversification when combined. ETG charges 2.57%/yr vs 0.06%/yr for VT.

Performance

ETG vs. VT - 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 Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETG achieves a 4.45% return, which is significantly lower than VT's 13.23% return. Both investments have delivered pretty close results over the past 10 years, with ETG having a 13.16% annualized return and VT not far behind at 12.84%.

ETG

• 1D: 0.64%
• 1M: 4.26%
• YTD: 4.45%
• 6M: 8.39%
• 1Y: 24.96%
• 3Y*: 21.94%
• 5Y*: 10.73%
• 10Y*: 13.16%

VT

• 1D: 0.47%
• 1M: 5.22%
• YTD: 13.23%
• 6M: 14.61%
• 1Y: 30.72%
• 3Y*: 21.29%
• 5Y*: 11.39%
• 10Y*: 12.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETG vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETG Eaton Vance Tax Advantaged Global Dividend Income Closed Fund	4.45%	36.92%	15.46%	21.97%	-27.62%	33.08%	10.08%	43.62%	-15.90%	33.55%
VT Vanguard Total World Stock ETF	13.23%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between ETG and VT is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jun 27, 2008	0.77

The correlation between ETG and VT has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

Return for Risk

ETG vs. VT — Risk / Return Rank

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

ETG

ETG Risk / Return Rank: 27
ETG Sharpe Ratio Rank: 32
ETG Sortino Ratio Rank: 31
ETG Omega Ratio Rank: 30
ETG Calmar Ratio Rank: 17
ETG Martin Ratio Rank: 23

VT

VT Risk / Return Rank: 72
VT Sharpe Ratio Rank: 74
VT Sortino Ratio Rank: 73
VT Omega Ratio Rank: 73
VT Calmar Ratio Rank: 65
VT Martin Ratio Rank: 75

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. VT - 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 Vanguard Total World Stock ETF (VT). 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.

	ETG	VT	Difference
Sharpe ratio Return per unit of total volatility	1.65	2.44	-0.78
Sortino ratio Return per unit of downside risk	2.33	3.36	-1.03
Omega ratio Gain probability vs. loss probability	1.29	1.44	-0.15
Calmar ratio Return relative to maximum drawdown	1.55	3.27	-1.72
Martin ratio Return relative to average drawdown	6.15	14.59	-8.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETG vs. VT - Sharpe Ratio Comparison

The current ETG Sharpe Ratio is 1.65, which is lower than the VT Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of ETG and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETG	VT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	2.44	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.71	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.75	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.44	-0.05

Drawdowns

ETG vs. VT - Drawdown Comparison

The maximum ETG drawdown since its inception was -74.76%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for ETG and VT.

Drawdown Indicators

	ETG	VT	Difference
Max Drawdown Largest peak-to-trough decline	-74.76%	-50.27%	-24.49%
Max Drawdown (1Y) Largest decline over 1 year	-16.64%	-9.67%	-6.97%
Max Drawdown (3Y) Largest decline over 3 years	-16.95%	-16.51%	-0.44%
Max Drawdown (5Y) Largest decline over 5 years	-31.64%	-26.38%	-5.26%
Max Drawdown (10Y) Largest decline over 10 years	-51.53%	-34.24%	-17.29%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.48%	-7.02%	-6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.19%	2.17%	+2.02%

Volatility

ETG vs. VT - Volatility Comparison

Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) has a higher volatility of 4.77% compared to Vanguard Total World Stock ETF (VT) at 3.75%. This indicates that ETG's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETG	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	3.75%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	12.23%	10.13%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	15.17%	12.67%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.81%	16.04%	+3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	17.23%	+4.02%

ETG vs. VT - Expense Ratio Comparison

ETG has a 2.57% expense ratio, which is higher than VT's 0.06% expense ratio.

Dividends

ETG vs. VT - Dividend Comparison

ETG's dividend yield for the trailing twelve months is around 6.62%, more than VT's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETG Eaton Vance Tax Advantaged Global Dividend Income Closed Fund	6.62%	6.72%	8.03%	7.02%	9.94%	6.02%	6.74%	6.83%	9.08%	7.69%	8.74%	7.93%
VT Vanguard Total World Stock ETF	1.58%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both ETG and VT in my portfolio?

ETG and VT have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETG or VT?

ETG has higher volatility (4.77%) compared to VT (3.75%). In terms of maximum drawdown, ETG dropped -74.76% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (2.44 vs 1.65), 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.