EVTMX vs. ETV
Compare and contrast key facts about Eaton Vance Dividend Builder Fund (EVTMX) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).
EVTMX is managed by Eaton Vance. It was launched on Dec 18, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVTMX or ETV.
Performance
EVTMX vs. ETV - Performance Comparison
Returns By Period
In the year-to-date period, EVTMX achieves a 17.95% return, which is significantly lower than ETV's 24.92% return. Over the past 10 years, EVTMX has underperformed ETV with an annualized return of 3.30%, while ETV has yielded a comparatively higher 8.72% annualized return.
EVTMX
17.95%
1.64%
11.49%
22.53%
4.05%
3.30%
ETV
24.92%
2.87%
15.05%
26.19%
8.44%
8.72%
Key characteristics
| EVTMX | ETV | |
|---|---|---|
| Sharpe Ratio | 2.25 | 2.27 |
| Sortino Ratio | 3.11 | 3.09 |
| Omega Ratio | 1.41 | 1.42 |
| Calmar Ratio | 0.84 | 1.97 |
| Martin Ratio | 13.78 | 13.88 |
| Ulcer Index | 1.67% | 1.91% |
| Daily Std Dev | 10.26% | 11.68% |
| Max Drawdown | -65.04% | -52.11% |
| Current Drawdown | -10.56% | 0.00% |
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Correlation
The correlation between EVTMX and ETV is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
EVTMX vs. ETV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Dividend Builder Fund (EVTMX) 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
EVTMX vs. ETV - Dividend Comparison
EVTMX's dividend yield for the trailing twelve months is around 1.34%, less than ETV's 8.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVTMX Eaton Vance Dividend Builder Fund | 1.34% | 1.58% | 2.42% | 1.73% | 1.55% | 1.69% | 2.11% | 1.81% | 1.95% | 1.80% | 1.37% | 1.34% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.26% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% | 9.51% |
Drawdowns
EVTMX vs. ETV - Drawdown Comparison
The maximum EVTMX drawdown since its inception was -65.04%, which is greater than ETV's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for EVTMX and ETV. For additional features, visit the drawdowns tool.
Volatility
EVTMX vs. ETV - Volatility Comparison
Eaton Vance Dividend Builder Fund (EVTMX) has a higher volatility of 3.26% compared to Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) at 2.42%. This indicates that EVTMX's price experiences larger fluctuations and is considered to be riskier than ETV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.