ETV vs. ETW
Compare and contrast key facts about Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETV or ETW.
Correlation
The correlation between ETV and ETW is 0.71, 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
ETV vs. ETW - Performance Comparison
Key characteristics
ETV:
2.25
ETW:
1.67
ETV:
3.05
ETW:
2.22
ETV:
1.41
ETW:
1.31
ETV:
2.40
ETW:
1.23
ETV:
14.22
ETW:
11.09
ETV:
1.90%
ETW:
1.87%
ETV:
12.03%
ETW:
12.39%
ETV:
-52.11%
ETW:
-54.13%
ETV:
0.00%
ETW:
-0.40%
Fundamentals
Returns By Period
In the year-to-date period, ETV achieves a 0.63% return, which is significantly lower than ETW's 1.99% return. Over the past 10 years, ETV has outperformed ETW with an annualized return of 9.35%, while ETW has yielded a comparatively lower 6.77% annualized return.
ETV
0.63%
2.04%
10.01%
26.65%
8.27%
9.35%
ETW
1.99%
2.31%
6.04%
20.13%
5.19%
6.77%
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Risk-Adjusted Performance
ETV vs. ETW — Risk-Adjusted Performance Rank
ETV
ETW
ETV vs. ETW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW). 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
ETV vs. ETW - Dividend Comparison
ETV's dividend yield for the trailing twelve months is around 8.19%, less than ETW's 9.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.19% | 8.16% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% |
ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.11% | 9.12% | 8.96% | 10.90% | 7.83% | 9.05% | 8.45% | 11.46% | 9.26% | 11.56% | 10.37% | 10.56% |
Drawdowns
ETV vs. ETW - Drawdown Comparison
The maximum ETV drawdown since its inception was -52.11%, roughly equal to the maximum ETW drawdown of -54.13%. Use the drawdown chart below to compare losses from any high point for ETV and ETW. For additional features, visit the drawdowns tool.
Volatility
ETV vs. ETW - Volatility Comparison
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a higher volatility of 4.42% compared to Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) at 3.63%. This indicates that ETV's price experiences larger fluctuations and is considered to be riskier than ETW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETV vs. ETW - Financials Comparison
This section allows you to compare key financial metrics between Eaton Vance Tax-Managed Buy-Write Opportunities Fund and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities