O vs. ETV
O (Realty Income Corporation) and ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund) are both stocks. O operates in REIT - Retail (Real Estate), while ETV operates in Asset Management (Financial Services). Over the past 10 years, O returned 4.56%/yr vs 9.42%/yr for ETV. At a 0.31 correlation, their price movements are largely independent.
Performance
O vs. ETV - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 9.20% return, which is significantly higher than ETV's 8.19% return. Over the past 10 years, O has underperformed ETV with an annualized return of 4.56%, while ETV has yielded a comparatively higher 9.42% annualized return.
O
- 1D
- -0.54%
- 1M
- -2.79%
- YTD
- 9.20%
- 6M
- 9.80%
- 1Y
- 10.46%
- 3Y*
- 5.05%
- 5Y*
- 3.72%
- 10Y*
- 4.56%
ETV
- 1D
- 1.29%
- 1M
- 2.81%
- YTD
- 8.19%
- 6M
- 8.26%
- 1Y
- 21.04%
- 3Y*
- 15.54%
- 5Y*
- 7.27%
- 10Y*
- 9.42%
O vs. ETV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 9.20% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 8.19% | 8.63% | 27.67% | 9.94% | -19.73% | 18.41% | 13.03% | 21.25% | -4.29% | 12.98% |
Correlation
The correlation between O and ETV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2005 | 0.31 |
The correlation between O and ETV shifts across timeframes, from -0.12 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
O:
$1.17
ETV:
$4.95
O:
51.30
ETV:
3.01
O:
4.18
ETV:
0.10
O:
6.93
ETV:
5.73
O:
$5.92B
ETV:
$303.84M
O:
$3.89B
ETV:
$149.51M
O:
$3.93B
ETV:
$578.17M
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Return for Risk
O vs. ETV — Risk / Return Rank
O
ETV
O vs. ETV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| O | ETV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.30 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 2.04 | -1.10 |
| Martin ratioReturn relative to average drawdown | 2.23 | 10.40 | -8.17 |
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Drawdowns
O vs. ETV - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, smaller than the maximum ETV drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for O and ETV.
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Drawdown Indicators
| O | ETV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -52.11% | +3.66% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -10.34% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -20.27% | -6.22% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -22.71% | -11.77% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -42.39% | -5.89% |
Current DrawdownCurrent decline from peak | -9.66% | 0.00% | -9.66% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -5.57% | -3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.70% | 2.03% | +2.67% |
Volatility
O vs. ETV - Volatility Comparison
Realty Income Corporation (O) has a higher volatility of 5.70% compared to Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) at 3.62%. This indicates that O'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.
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Volatility by Period
| O | ETV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 3.62% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 10.25% | +1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.44% | 12.46% | +3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 16.90% | +2.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 19.29% | +6.36% |
Dividends
O vs. ETV - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.37%, less than ETV's 7.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETV Eaton Vance Tax-Managed Buy-Write Opportunities Fund | 7.99% | 8.30% | 8.18% | 9.24% | 10.57% | 7.94% | 8.66% | 8.89% | 9.86% | 8.65% | 8.96% | 8.69% |
O Realty Income Corporation | 5.37% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
Financials
O vs. ETV - Financials Comparison
This section allows you to compare key financial metrics between Realty Income Corporation and Eaton Vance Tax-Managed Buy-Write Opportunities Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
O and ETV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.70%) compared to ETV (3.62%). In terms of maximum drawdown, O dropped -48.45% vs ETV's -52.11%.
ETV currently has the higher Sharpe Ratio (1.70 vs 0.64), 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.
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