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 0.72, 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:
0.87
ETV:
0.97
ETW:
1.21
ETV:
1.39
ETW:
1.16
ETV:
1.18
ETW:
0.76
ETV:
1.38
ETW:
5.40
ETV:
4.41
ETW:
2.07%
ETV:
2.84%
ETW:
12.85%
ETV:
12.84%
ETW:
-54.13%
ETV:
-52.11%
ETW:
-4.19%
ETV:
-7.96%
Fundamentals
Returns By Period
In the year-to-date period, ETW achieves a 0.20% return, which is significantly higher than ETV's -5.64% return. Over the past 10 years, ETW has underperformed ETV with an annualized return of 6.12%, while ETV has yielded a comparatively higher 8.02% annualized return.
ETW
0.20%
-0.88%
0.05%
12.00%
13.28%
6.12%
ETV
-5.64%
-3.94%
1.29%
12.69%
13.18%
8.02%
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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 9.61%, more than ETV's 8.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.61% | 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 | 8.95% | 8.18% | 9.24% | 10.57% | 7.94% | 8.66% | 8.89% | 9.86% | 8.65% | 8.96% | 8.69% | 9.46% |
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
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) have volatilities of 4.57% and 4.57%, 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
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