ETY vs. EIDOX
Compare and contrast key facts about Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX).
ETY is an actively managed fund by Eaton Vance. It was launched on Nov 27, 2006. EIDOX is a passively managed fund by Eaton Vance that tracks the performance of the J.P. Morgan EMB (JEMB) Hard Currency / Local Currency 50-50 Index. It was launched on Sep 3, 2015.
Performance
ETY vs. EIDOX - Performance Comparison
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ETY vs. EIDOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETY Eaton Vance Tax Managed Diversified Equity Income Closed Fund | -7.42% | 11.02% | 33.11% | 21.83% | -21.21% | 32.61% | 7.27% | 33.68% | -8.96% | 28.72% |
EIDOX Eaton Vance Emerging Markets Debt Opportunities Fund Class I | 1.56% | 15.59% | 14.78% | 11.40% | -6.25% | 1.52% | 7.39% | 18.25% | -4.28% | 12.97% |
Returns By Period
In the year-to-date period, ETY achieves a -7.42% return, which is significantly lower than EIDOX's 1.56% return. Over the past 10 years, ETY has outperformed EIDOX with an annualized return of 11.66%, while EIDOX has yielded a comparatively lower 7.72% annualized return.
ETY
- 1D
- 0.94%
- 1M
- -5.89%
- YTD
- -7.42%
- 6M
- -8.71%
- 1Y
- 5.70%
- 3Y*
- 14.96%
- 5Y*
- 10.29%
- 10Y*
- 11.66%
EIDOX
- 1D
- 0.12%
- 1M
- -2.39%
- YTD
- 1.56%
- 6M
- 6.74%
- 1Y
- 15.27%
- 3Y*
- 13.69%
- 5Y*
- 7.66%
- 10Y*
- 7.72%
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ETY vs. EIDOX - Expense Ratio Comparison
ETY has a 1.06% expense ratio, which is higher than EIDOX's 0.79% expense ratio.
Return for Risk
ETY vs. EIDOX — Risk / Return Rank
ETY
EIDOX
ETY vs. EIDOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX). 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.
| ETY | EIDOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | 4.24 | -3.96 |
Sortino ratioReturn per unit of downside risk | 0.56 | 5.83 | -5.27 |
Omega ratioGain probability vs. loss probability | 1.08 | 2.06 | -0.97 |
Calmar ratioReturn relative to maximum drawdown | 0.39 | 4.21 | -3.82 |
Martin ratioReturn relative to average drawdown | 1.45 | 16.91 | -15.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETY | EIDOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 4.24 | -3.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 1.67 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 1.63 | -1.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 1.65 | -1.27 |
Correlation
The correlation between ETY and EIDOX is 0.32, 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.
Dividends
ETY vs. EIDOX - Dividend Comparison
ETY's dividend yield for the trailing twelve months is around 8.55%, less than EIDOX's 11.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETY Eaton Vance Tax Managed Diversified Equity Income Closed Fund | 8.55% | 7.76% | 7.59% | 7.92% | 10.04% | 7.01% | 8.26% | 8.08% | 9.92% | 8.30% | 9.77% | 9.03% |
EIDOX Eaton Vance Emerging Markets Debt Opportunities Fund Class I | 11.11% | 9.41% | 8.52% | 8.97% | 9.13% | 7.82% | 7.66% | 7.81% | 8.10% | 7.85% | 4.10% | 0.00% |
Drawdowns
ETY vs. EIDOX - Drawdown Comparison
The maximum ETY drawdown since its inception was -53.06%, which is greater than EIDOX's maximum drawdown of -19.06%. Use the drawdown chart below to compare losses from any high point for ETY and EIDOX.
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Drawdown Indicators
| ETY | EIDOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.06% | -19.06% | -34.00% |
Max Drawdown (1Y)Largest decline over 1 year | -14.40% | -3.56% | -10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.06% | -17.42% | -6.64% |
Max Drawdown (10Y)Largest decline over 10 years | -42.46% | -19.06% | -23.40% |
Current DrawdownCurrent decline from peak | -9.46% | -3.45% | -6.01% |
Average DrawdownAverage peak-to-trough decline | -7.62% | -2.50% | -5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 0.89% | +2.98% |
Volatility
ETY vs. EIDOX - Volatility Comparison
Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) has a higher volatility of 7.04% compared to Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX) at 1.78%. This indicates that ETY's price experiences larger fluctuations and is considered to be riskier than EIDOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETY | EIDOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.04% | 1.78% | +5.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 2.69% | +7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 3.59% | +16.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.85% | 4.61% | +13.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.85% | 4.76% | +15.09% |