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IGD vs. ETJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

IGD vs. ETJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Global Equity Dividend and Premium Opportunity Fund (IGD) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ). The values are adjusted to include any dividend payments, if applicable.

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IGD vs. ETJ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IGD
Voya Global Equity Dividend and Premium Opportunity Fund
1.36%18.22%22.44%1.00%-5.01%29.11%-7.25%16.91%-16.19%25.85%
ETJ
Eaton Vance Risk-Managed Diversified Equity Income Fund
-5.25%3.49%29.55%14.15%-22.74%11.92%22.31%26.78%-7.03%18.93%

Returns By Period

In the year-to-date period, IGD achieves a 1.36% return, which is significantly higher than ETJ's -5.25% return. Both investments have delivered pretty close results over the past 10 years, with IGD having a 8.38% annualized return and ETJ not far behind at 8.27%.


IGD

1D
1.79%
1M
-4.20%
YTD
1.36%
6M
1.19%
1Y
10.53%
3Y*
15.70%
5Y*
10.28%
10Y*
8.38%

ETJ

1D
3.29%
1M
-6.12%
YTD
-5.25%
6M
-4.96%
1Y
5.57%
3Y*
10.18%
5Y*
3.25%
10Y*
8.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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IGD vs. ETJ - Expense Ratio Comparison

IGD has a 0.02% expense ratio, which is higher than ETJ's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

IGD vs. ETJ — Risk / Return Rank

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

IGD
IGD Risk / Return Rank: 3333
Overall Rank
IGD Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
IGD Sortino Ratio Rank: 2626
Sortino Ratio Rank
IGD Omega Ratio Rank: 2626
Omega Ratio Rank
IGD Calmar Ratio Rank: 3737
Calmar Ratio Rank
IGD Martin Ratio Rank: 4747
Martin Ratio Rank

ETJ
ETJ Risk / Return Rank: 1515
Overall Rank
ETJ Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
ETJ Sortino Ratio Rank: 1212
Sortino Ratio Rank
ETJ Omega Ratio Rank: 1313
Omega Ratio Rank
ETJ Calmar Ratio Rank: 1717
Calmar Ratio Rank
ETJ Martin Ratio Rank: 2020
Martin Ratio Rank
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.

IGD vs. ETJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Global Equity Dividend and Premium Opportunity Fund (IGD) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ). 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.


IGDETJDifference

Sharpe ratio

Return per unit of total volatility

0.70

0.35

+0.35

Sortino ratio

Return per unit of downside risk

1.03

0.61

+0.42

Omega ratio

Gain probability vs. loss probability

1.15

1.09

+0.06

Calmar ratio

Return relative to maximum drawdown

1.01

0.51

+0.50

Martin ratio

Return relative to average drawdown

4.73

2.23

+2.50

IGD vs. ETJ - Sharpe Ratio Comparison

The current IGD Sharpe Ratio is 0.70, which is higher than the ETJ Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of IGD and ETJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


IGDETJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.70

0.35

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.71

0.21

+0.50

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.46

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

0.28

-0.05

Correlation

The correlation between IGD and ETJ is 0.52, 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.


Dividends

IGD vs. ETJ - Dividend Comparison

IGD's dividend yield for the trailing twelve months is around 11.40%, more than ETJ's 9.56% yield.


TTM20252024202320222021202020192018201720162015
IGD
Voya Global Equity Dividend and Premium Opportunity Fund
11.40%11.36%11.44%9.66%8.87%7.73%9.20%10.47%12.49%9.45%13.23%13.03%
ETJ
Eaton Vance Risk-Managed Diversified Equity Income Fund
9.56%8.86%8.16%8.86%11.68%8.53%8.79%9.77%11.23%9.82%12.46%10.98%

Drawdowns

IGD vs. ETJ - Drawdown Comparison

The maximum IGD drawdown since its inception was -59.29%, which is greater than ETJ's maximum drawdown of -32.81%. Use the drawdown chart below to compare losses from any high point for IGD and ETJ.


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Drawdown Indicators


IGDETJDifference

Max Drawdown

Largest peak-to-trough decline

-59.29%

-32.81%

-26.48%

Max Drawdown (1Y)

Largest decline over 1 year

-10.70%

-10.40%

-0.30%

Max Drawdown (5Y)

Largest decline over 5 years

-15.81%

-28.55%

+12.74%

Max Drawdown (10Y)

Largest decline over 10 years

-41.03%

-32.81%

-8.22%

Current Drawdown

Current decline from peak

-4.52%

-7.10%

+2.58%

Average Drawdown

Average peak-to-trough decline

-9.96%

-7.55%

-2.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

2.39%

-0.04%

Volatility

IGD vs. ETJ - Volatility Comparison

Voya Global Equity Dividend and Premium Opportunity Fund (IGD) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) have volatilities of 5.62% and 5.65%, 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.


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Volatility by Period


IGDETJDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.62%

5.65%

-0.03%

Volatility (6M)

Calculated over the trailing 6-month period

8.89%

8.69%

+0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

15.22%

15.99%

-0.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.48%

15.56%

-1.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.61%

17.94%

-1.33%