ETY vs. EOS-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) and EOS (EOS-USD).

ETY is an actively managed fund by Eaton Vance. It was launched on Nov 27, 2006.

Performance

ETY vs. EOS-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) and EOS (EOS-USD). The values are adjusted to include any dividend payments, if applicable.

ETY vs. EOS-USD - 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%	12.05%
EOS-USD EOS	-50.07%	-79.52%	-8.35%	-1.89%	-71.60%	16.76%	0.93%	0.16%	-70.72%	931.30%

Returns By Period

In the year-to-date period, ETY achieves a -7.42% return, which is significantly higher than EOS-USD's -50.07% 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%

EOS-USD

• 1D: 4.79%
• 1M: 2.60%
• YTD: -50.07%
• 6M: -80.69%
• 1Y: -88.50%
• 3Y*: -59.94%
• 5Y*: -58.27%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ETY vs. EOS-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETY

ETY Risk / Return Rank: 12
ETY Sharpe Ratio Rank: 10
ETY Sortino Ratio Rank: 11
ETY Omega Ratio Rank: 12
ETY Calmar Ratio Rank: 13
ETY Martin Ratio Rank: 14

EOS-USD

EOS-USD Risk / Return Rank: 22
EOS-USD Sharpe Ratio Rank: 3
EOS-USD Sortino Ratio Rank: 0
EOS-USD Omega Ratio Rank: 0
EOS-USD Calmar Ratio Rank: 50
EOS-USD Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETY vs. EOS-USD - 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 EOS (EOS-USD). 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	EOS-USD	Difference
Sharpe ratio Return per unit of total volatility	0.28	-1.05	+1.33
Sortino ratio Return per unit of downside risk	0.56	-2.76	+3.32
Omega ratio Gain probability vs. loss probability	1.08	0.72	+0.36
Calmar ratio Return relative to maximum drawdown	0.39	-1.08	+1.47
Martin ratio Return relative to average drawdown	1.45	-1.53	+2.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETY vs. EOS-USD - Sharpe Ratio Comparison

The current ETY Sharpe Ratio is 0.28, which is higher than the EOS-USD Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of ETY and EOS-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ETY	EOS-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	-1.05	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	-0.59	+1.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	-0.19	+0.57

Correlation

The correlation between ETY and EOS-USD is 0.14, 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.

Drawdowns

ETY vs. EOS-USD - Drawdown Comparison

The maximum ETY drawdown since its inception was -53.06%, smaller than the maximum EOS-USD drawdown of -99.67%. Use the drawdown chart below to compare losses from any high point for ETY and EOS-USD.

Drawdown Indicators

	ETY	EOS-USD	Difference
Max Drawdown Largest peak-to-trough decline	-53.06%	-99.67%	+46.61%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	-92.33%	+77.93%
Max Drawdown (5Y) Largest decline over 5 years	-24.06%	-99.50%	+75.44%
Max Drawdown (10Y) Largest decline over 10 years	-42.46%	—	—
Current Drawdown Current decline from peak	-9.46%	-99.63%	+90.17%
Average Drawdown Average peak-to-trough decline	-7.62%	-84.66%	+77.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	61.91%	-58.04%

Volatility

ETY vs. EOS-USD - Volatility Comparison

The current volatility for Eaton Vance Tax Managed Diversified Equity Income Closed Fund (ETY) is 7.04%, while EOS (EOS-USD) has a volatility of 14.80%. This indicates that ETY experiences smaller price fluctuations and is considered to be less risky than EOS-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETY	EOS-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.04%	14.80%	-7.76%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	61.25%	-50.79%
Volatility (1Y) Calculated over the trailing 1-year period	20.27%	70.61%	-50.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.85%	82.89%	-65.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	105.22%	-85.37%