TBG vs. ETIDX
Compare and contrast key facts about TBG Dividend Focus ETF (TBG) and Eventide Dividend Opportunities Fund (ETIDX).
TBG is an actively managed fund by EA Series Trust. It was launched on Nov 6, 2023. ETIDX is managed by Eventide Funds. It was launched on Sep 29, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBG or ETIDX.
Key characteristics
| TBG | ETIDX | |
|---|---|---|
| YTD Return | 23.42% | 25.17% |
| 1Y Return | 33.48% | 33.86% |
| Sharpe Ratio | 3.33 | 2.68 |
| Sortino Ratio | 4.80 | 3.68 |
| Omega Ratio | 1.61 | 1.44 |
| Calmar Ratio | 7.78 | 2.34 |
| Martin Ratio | 23.37 | 17.90 |
| Ulcer Index | 1.52% | 2.09% |
| Daily Std Dev | 10.69% | 14.00% |
| Max Drawdown | -4.58% | -34.12% |
| Current Drawdown | -0.96% | -0.74% |
Correlation
The correlation between TBG and ETIDX is 0.69, 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.
Performance
TBG vs. ETIDX - Performance Comparison
In the year-to-date period, TBG achieves a 23.42% return, which is significantly lower than ETIDX's 25.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TBG vs. ETIDX - Expense Ratio Comparison
TBG has a 0.59% expense ratio, which is lower than ETIDX's 0.95% expense ratio.
Risk-Adjusted Performance
TBG vs. ETIDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TBG Dividend Focus ETF (TBG) and Eventide Dividend Opportunities Fund (ETIDX). 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
TBG vs. ETIDX - Dividend Comparison
TBG's dividend yield for the trailing twelve months is around 2.09%, more than ETIDX's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
TBG TBG Dividend Focus ETF | 2.09% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ETIDX Eventide Dividend Opportunities Fund | 0.50% | 0.67% | 1.34% | 1.14% | 1.06% | 1.99% | 2.17% | 0.30% |
Drawdowns
TBG vs. ETIDX - Drawdown Comparison
The maximum TBG drawdown since its inception was -4.58%, smaller than the maximum ETIDX drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for TBG and ETIDX. For additional features, visit the drawdowns tool.
Volatility
TBG vs. ETIDX - Volatility Comparison
The current volatility for TBG Dividend Focus ETF (TBG) is 3.71%, while Eventide Dividend Opportunities Fund (ETIDX) has a volatility of 3.92%. This indicates that TBG experiences smaller price fluctuations and is considered to be less risky than ETIDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.