PMTGX vs. ETV
Compare and contrast key facts about PIA MBS Bond Fund (PMTGX) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV).
PMTGX is managed by PIA Mutual Funds. It was launched on Feb 27, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMTGX or ETV.
Correlation
The correlation between PMTGX and ETV is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PMTGX vs. ETV - Performance Comparison
Key characteristics
PMTGX:
0.75
ETV:
2.03
PMTGX:
1.11
ETV:
2.78
PMTGX:
1.13
ETV:
1.37
PMTGX:
0.36
ETV:
2.85
PMTGX:
1.83
ETV:
12.90
PMTGX:
2.42%
ETV:
1.90%
PMTGX:
5.90%
ETV:
12.12%
PMTGX:
-16.91%
ETV:
-52.11%
PMTGX:
-6.35%
ETV:
-0.21%
Returns By Period
In the year-to-date period, PMTGX achieves a 1.01% return, which is significantly lower than ETV's 2.30% return. Over the past 10 years, PMTGX has underperformed ETV with an annualized return of 0.87%, while ETV has yielded a comparatively higher 9.19% annualized return.
PMTGX
1.01%
0.89%
-1.17%
4.82%
-0.72%
0.87%
ETV
2.30%
1.66%
14.62%
24.20%
8.56%
9.19%
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Risk-Adjusted Performance
PMTGX vs. ETV — Risk-Adjusted Performance Rank
PMTGX
ETV
PMTGX vs. ETV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIA MBS Bond Fund (PMTGX) 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
PMTGX vs. ETV - Dividend Comparison
PMTGX's dividend yield for the trailing twelve months is around 4.10%, less than ETV's 8.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMTGX PIA MBS Bond Fund | 4.10% | 4.14% | 3.48% | 2.39% | 0.81% | 2.13% | 2.95% | 2.77% | 2.76% | 2.97% | 2.80% | 3.16% |
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
PMTGX vs. ETV - Drawdown Comparison
The maximum PMTGX drawdown since its inception was -16.91%, smaller than the maximum ETV drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for PMTGX and ETV. For additional features, visit the drawdowns tool.
Volatility
PMTGX vs. ETV - Volatility Comparison
The current volatility for PIA MBS Bond Fund (PMTGX) is 1.50%, while Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has a volatility of 3.25%. This indicates that PMTGX 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.