MBS vs. ETV
Compare and contrast key facts about Angel Oak Mortgage-Backed Securities ETF (MBS) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).
MBS is an actively managed fund by Angel Oak. It was launched on Jun 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MBS or ETV.
Correlation
The correlation between MBS and ETV 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.
Performance
MBS vs. ETV - Performance Comparison
Key characteristics
MBS:
4.52%
ETV:
12.21%
MBS:
-4.09%
ETV:
-52.11%
MBS:
-2.54%
ETV:
0.00%
Returns By Period
In the year-to-date period, MBS achieves a 0.54% return, which is significantly lower than ETV's 1.33% return.
MBS
0.54%
1.19%
-0.11%
N/A
N/A
N/A
ETV
1.33%
3.41%
14.98%
23.07%
8.28%
9.21%
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Risk-Adjusted Performance
MBS vs. ETV — Risk-Adjusted Performance Rank
MBS
ETV
MBS vs. ETV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak Mortgage-Backed Securities ETF (MBS) 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.
Not enough dataDividends
MBS vs. ETV - Dividend Comparison
MBS's dividend yield for the trailing twelve months is around 4.82%, less than ETV's 8.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBS Angel Oak Mortgage-Backed Securities ETF | 4.82% | 4.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.14% | 8.16% | 9.25% | 10.59% | 7.96% | 8.68% | 8.91% | 9.88% | 8.67% | 8.98% | 8.71% | 9.47% |
Drawdowns
MBS vs. ETV - Drawdown Comparison
The maximum MBS drawdown since its inception was -4.09%, smaller than the maximum ETV drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for MBS and ETV. For additional features, visit the drawdowns tool.
Volatility
MBS vs. ETV - Volatility Comparison
The current volatility for Angel Oak Mortgage-Backed Securities ETF (MBS) is 1.13%, while Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a volatility of 3.76%. This indicates that MBS experiences smaller price fluctuations and is considered to be less risky than ETV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.