ETW vs. ETV
Compare and contrast key facts about Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETW or ETV.
Correlation
The correlation between ETW and ETV 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
ETW vs. ETV - Performance Comparison
Key characteristics
ETW:
1.68
ETV:
2.00
ETW:
2.22
ETV:
2.74
ETW:
1.31
ETV:
1.36
ETW:
1.40
ETV:
2.82
ETW:
11.08
ETV:
12.76
ETW:
1.87%
ETV:
1.91%
ETW:
12.37%
ETV:
12.14%
ETW:
-54.13%
ETV:
-52.11%
ETW:
0.00%
ETV:
0.00%
Fundamentals
Returns By Period
In the year-to-date period, ETW achieves a 4.58% return, which is significantly higher than ETV's 2.51% return. Over the past 10 years, ETW has underperformed ETV with an annualized return of 6.66%, while ETV has yielded a comparatively higher 9.27% annualized return.
ETW
4.58%
3.02%
10.44%
20.24%
5.67%
6.66%
ETV
2.51%
2.22%
14.15%
24.80%
8.48%
9.27%
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Risk-Adjusted Performance
ETW vs. ETV — Risk-Adjusted Performance Rank
ETW
ETV
ETW vs. ETV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV). 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
ETW vs. ETV - Dividend Comparison
ETW's dividend yield for the trailing twelve months is around 9.71%, more than ETV's 8.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.71% | 9.12% | 8.96% | 10.90% | 7.83% | 9.05% | 8.45% | 11.46% | 9.26% | 11.56% | 10.37% | 10.56% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.78% | 8.16% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% |
Drawdowns
ETW vs. ETV - Drawdown Comparison
The maximum ETW drawdown since its inception was -54.13%, roughly equal to the maximum ETV drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for ETW and ETV. For additional features, visit the drawdowns tool.
Volatility
ETW vs. ETV - Volatility Comparison
The current volatility for Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) is 2.59%, while Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a volatility of 3.29%. This indicates that ETW experiences smaller price fluctuations and is considered to be less risky than ETV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ETW vs. ETV - Financials Comparison
This section allows you to compare key financial metrics between Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund and Eaton Vance Tax-Managed 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