ETGAX vs. VTI
Compare and contrast key facts about Eaton Vance Georgia Municipal Income Fund (ETGAX) and Vanguard Total Stock Market ETF (VTI).
ETGAX is managed by Eaton Vance. It was launched on Dec 6, 1993. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETGAX or VTI.
Key characteristics
| ETGAX | VTI | |
|---|---|---|
| YTD Return | 1.30% | 21.49% |
| 1Y Return | 8.00% | 34.31% |
| 3Y Return (Ann) | -0.30% | 7.24% |
| 5Y Return (Ann) | 1.00% | 14.56% |
| 10Y Return (Ann) | 2.04% | 12.51% |
| Sharpe Ratio | 2.58 | 2.78 |
| Sortino Ratio | 4.10 | 3.68 |
| Omega Ratio | 1.59 | 1.51 |
| Calmar Ratio | 0.90 | 3.68 |
| Martin Ratio | 10.47 | 17.71 |
| Ulcer Index | 0.78% | 1.94% |
| Daily Std Dev | 3.15% | 12.38% |
| Max Drawdown | -27.08% | -55.45% |
| Current Drawdown | -1.76% | -1.24% |
Correlation
The correlation between ETGAX and VTI is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ETGAX vs. VTI - Performance Comparison
In the year-to-date period, ETGAX achieves a 1.30% return, which is significantly lower than VTI's 21.49% return. Over the past 10 years, ETGAX has underperformed VTI with an annualized return of 2.04%, while VTI has yielded a comparatively higher 12.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ETGAX vs. VTI - Expense Ratio Comparison
ETGAX has a 0.65% expense ratio, which is higher than VTI's 0.03% expense ratio.
Risk-Adjusted Performance
ETGAX vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Georgia Municipal Income Fund (ETGAX) and Vanguard Total Stock Market ETF (VTI). 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
ETGAX vs. VTI - Dividend Comparison
ETGAX's dividend yield for the trailing twelve months is around 3.01%, more than VTI's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETGAX Eaton Vance Georgia Municipal Income Fund | 3.01% | 2.68% | 2.01% | 1.57% | 2.04% | 2.50% | 2.90% | 2.95% | 3.07% | 3.32% | 3.85% | 3.92% |
VTI Vanguard Total Stock Market ETF | 1.31% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
ETGAX vs. VTI - Drawdown Comparison
The maximum ETGAX drawdown since its inception was -27.08%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for ETGAX and VTI. For additional features, visit the drawdowns tool.
Volatility
ETGAX vs. VTI - Volatility Comparison
The current volatility for Eaton Vance Georgia Municipal Income Fund (ETGAX) is 1.07%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 3.20%. This indicates that ETGAX experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.