UPDDX vs. EATVX

Last updated Jun 5, 2026

UPDDX (Upright Growth & Income Fund) and EATVX (Eaton Vance Tax Managed Value Fund) are both Large Cap Value Equities funds. At a correlation of -0.20, they often move in opposite directions. UPDDX charges 2.57%/yr vs 1.15%/yr for EATVX.

Performance

UPDDX vs. EATVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Upright Growth & Income Fund (UPDDX) and Eaton Vance Tax Managed Value Fund (EATVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPDDX

• 1D: -1.24%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EATVX

• 1D: -0.02%
• 1M: 3.78%
• YTD: 15.85%
• 6M: 16.86%
• 1Y: 31.04%
• 3Y*: 17.69%
• 5Y*: 9.94%
• 10Y*: 11.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UPDDX vs. EATVX - Yearly Performance Comparison

	2026 (YTD)
UPDDX Upright Growth & Income Fund	2.39%
EATVX Eaton Vance Tax Managed Value Fund	0.24%

Correlation

The correlation between UPDDX and EATVX is -0.20, 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 (All Time) Calculated using the full available price history since May 29, 2026	-0.20

Return for Risk

UPDDX vs. EATVX — Risk / Return Rank

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

EATVX

EATVX Risk / Return Rank: 81
EATVX Sharpe Ratio Rank: 82
EATVX Sortino Ratio Rank: 79
EATVX Omega Ratio Rank: 74
EATVX Calmar Ratio Rank: 83
EATVX Martin Ratio Rank: 87

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.

UPDDX vs. EATVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Growth & Income Fund (UPDDX) and Eaton Vance Tax Managed Value Fund (EATVX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UPDDX	EATVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.67	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	15.08	0.47	+14.61

Drawdowns

UPDDX vs. EATVX - Drawdown Comparison

The maximum UPDDX drawdown since its inception was -1.24%, smaller than the maximum EATVX drawdown of -53.01%. Use the drawdown chart below to compare losses from any high point for UPDDX and EATVX.

Drawdown Indicators

	UPDDX	EATVX	Difference
Max Drawdown Largest peak-to-trough decline	-1.24%	-53.01%	+51.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.63%	—
Current Drawdown Current decline from peak	-1.24%	-0.02%	-1.22%
Average Drawdown Average peak-to-trough decline	-0.39%	-8.18%	+7.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.87%	—

Volatility

Volatility by Period

	UPDDX	EATVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.35%	11.59%	+14.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.35%	15.13%	+11.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.35%	17.55%	+8.80%

UPDDX vs. EATVX - Expense Ratio Comparison

UPDDX has a 2.57% expense ratio, which is higher than EATVX's 1.15% expense ratio.

Dividends

UPDDX vs. EATVX - Dividend Comparison

UPDDX has not paid dividends to shareholders, while EATVX's dividend yield for the trailing twelve months is around 3.59%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EATVX Eaton Vance Tax Managed Value Fund	3.59%	4.16%	3.75%	3.24%	2.17%	4.50%	1.29%	1.13%	1.57%	0.95%	1.10%	8.71%
UPDDX Upright Growth & Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UPDDX and EATVX in my portfolio?

UPDDX and EATVX have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.