EVT vs. FINFX

Last updated Jun 4, 2026

EVT (Eaton Vance Tax-Advantaged Dividend Income Fund) and FINFX (American Funds Fundamental Investors® Class F-2) are both mutual funds - EVT is a Dividend fund managed by Eaton Vance, while FINFX is a Large Cap Blend Equities fund managed by American Funds. Over the past 10 years, EVT returned 11.18%/yr vs 15.13%/yr for FINFX. A 0.74 correlation means they provide meaningful diversification when combined. EVT charges 0.01%/yr vs 0.39%/yr for FINFX.

Performance

EVT vs. FINFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) and American Funds Fundamental Investors® Class F-2 (FINFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVT achieves a 10.58% return, which is significantly lower than FINFX's 15.23% return. Over the past 10 years, EVT has underperformed FINFX with an annualized return of 11.18%, while FINFX has yielded a comparatively higher 15.13% annualized return.

EVT

• 1D: 0.15%
• 1M: 3.03%
• YTD: 10.58%
• 6M: 14.55%
• 1Y: 25.02%
• 3Y*: 16.16%
• 5Y*: 7.34%
• 10Y*: 11.18%

FINFX

• 1D: 0.01%
• 1M: 5.92%
• YTD: 15.23%
• 6M: 16.26%
• 1Y: 34.80%
• 3Y*: 26.35%
• 5Y*: 15.15%
• 10Y*: 15.13%

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

EVT vs. FINFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EVT Eaton Vance Tax-Advantaged Dividend Income Fund	10.58%	13.79%	17.34%	5.78%	-17.33%	33.94%	1.72%	44.71%	-11.92%	21.80%
FINFX American Funds Fundamental Investors® Class F-2	15.23%	24.44%	22.98%	26.14%	-16.47%	22.68%	15.16%	27.34%	-7.96%	23.00%

Correlation

The correlation between EVT and FINFX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 4, 2008	0.74

The correlation between EVT and FINFX shifts across timeframes, from 0.61 (1 year) to 0.75 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EVT vs. FINFX — Risk / Return Rank

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

EVT

EVT Risk / Return Rank: 52
EVT Sharpe Ratio Rank: 52
EVT Sortino Ratio Rank: 49
EVT Omega Ratio Rank: 49
EVT Calmar Ratio Rank: 51
EVT Martin Ratio Rank: 58

FINFX

FINFX Risk / Return Rank: 75
FINFX Sharpe Ratio Rank: 80
FINFX Sortino Ratio Rank: 70
FINFX Omega Ratio Rank: 70
FINFX Calmar Ratio Rank: 74
FINFX Martin Ratio Rank: 83

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.

EVT vs. FINFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) and American Funds Fundamental Investors® Class F-2 (FINFX). 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.

	EVT	FINFX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.60	-0.48
Sortino ratio: Return per unit of downside risk	2.95	3.49	-0.54
Omega ratio: Gain probability vs. loss probability	1.38	1.47	-0.09
Calmar ratio: Return relative to maximum drawdown	2.72	3.36	-0.64
Martin ratio: Return relative to average drawdown	11.60	15.58	-3.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVT vs. FINFX - Sharpe Ratio Comparison

The current EVT Sharpe Ratio is 2.12, which is comparable to the FINFX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of EVT and FINFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EVT	FINFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.60	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.91	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.86	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.61	-0.20

Drawdowns

EVT vs. FINFX - Drawdown Comparison

The maximum EVT drawdown since its inception was -74.01%, which is greater than FINFX's maximum drawdown of -46.54%. Use the drawdown chart below to compare losses from any high point for EVT and FINFX.

Drawdown Indicators

	EVT	FINFX	Difference
Max Drawdown Largest peak-to-trough decline	-74.01%	-46.54%	-27.47%
Max Drawdown (1Y) Largest decline over 1 year	-9.22%	-10.64%	+1.42%
Max Drawdown (3Y) Largest decline over 3 years	-19.09%	-17.94%	-1.15%
Max Drawdown (5Y) Largest decline over 5 years	-28.23%	-24.95%	-3.28%
Max Drawdown (10Y) Largest decline over 10 years	-52.03%	-33.91%	-18.12%
Current Drawdown Current decline from peak	-0.55%	0.00%	-0.55%
Average Drawdown Average peak-to-trough decline	-11.13%	-5.99%	-5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	2.29%	-0.13%

Volatility

EVT vs. FINFX - Volatility Comparison

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) and American Funds Fundamental Investors® Class F-2 (FINFX) have volatilities of 3.64% and 3.69%, 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.

Volatility by Period

	EVT	FINFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	3.69%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.19%	10.83%	-1.64%
Volatility (1Y) Calculated over the trailing 1-year period	11.83%	13.76%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	16.80%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.59%	17.73%	+2.86%

EVT vs. FINFX - Expense Ratio Comparison

EVT has a 0.01% expense ratio, which is lower than FINFX's 0.39% expense ratio.

Dividends

EVT vs. FINFX - Dividend Comparison

EVT's dividend yield for the trailing twelve months is around 7.32%, less than FINFX's 7.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVT Eaton Vance Tax-Advantaged Dividend Income Fund	7.32%	7.84%	8.02%	8.03%	8.44%	5.65%	7.97%	6.82%	9.16%	6.85%	8.47%	7.49%
FINFX American Funds Fundamental Investors® Class F-2	7.59%	8.73%	9.11%	6.01%	5.21%	11.19%	2.81%	7.11%	9.54%	7.46%	4.91%	6.29%

Frequently Asked Questions

Can I hold both EVT and FINFX in my portfolio?

EVT and FINFX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVT or FINFX?

FINFX has higher volatility (3.69%) compared to EVT (3.64%). In terms of maximum drawdown, EVT dropped -74.01% vs FINFX's -46.54%.

Which has better risk-adjusted returns?

FINFX currently has the higher Sharpe Ratio (2.60 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.