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:
2.03
ETW:
1.40
ETV:
2.76
ETW:
1.88
ETV:
1.37
ETW:
1.26
ETV:
1.77
ETW:
0.92
ETV:
12.33
ETW:
9.67
ETV:
1.91%
ETW:
1.78%
ETV:
11.62%
ETW:
12.30%
ETV:
-52.11%
ETW:
-54.13%
ETV:
-2.47%
ETW:
-3.22%
Fundamentals
Returns By Period
In the year-to-date period, ETV achieves a 25.12% return, which is significantly higher than ETW's 17.95% return. Over the past 10 years, ETV has outperformed ETW with an annualized return of 8.61%, while ETW has yielded a comparatively lower 6.29% annualized return.
ETV
25.12%
0.35%
12.01%
22.89%
8.10%
8.61%
ETW
17.95%
-1.21%
6.49%
17.18%
4.93%
6.29%
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Risk-Adjusted Performance
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 8.24%, less than ETW's 9.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.24% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% | 9.51% |
ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.04% | 8.96% | 10.90% | 7.83% | 9.05% | 8.45% | 11.46% | 9.26% | 11.56% | 10.37% | 10.56% | 9.62% |
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) and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) have volatilities of 2.78% and 2.69%, 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.
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