EOS vs SPY

Comparison between Eaton Vance Enhanced Equity Income Fund II (EOS, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed EOS, delivering a return of +13.3% compared to +8.5%

EOS vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EOS(ETF)	SPY(ETF)
Net Assets	$1.20B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	63.63%	56.47%
Sharpe Ratio	0.66	2.07
5Y Beta	1.00	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	10.80%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

EOS

$1.20B

Winner

SPY

$652B

Expense Ratio

EOS

N/A

SPY

0.09%

Max Drawdown

EOS

63.63%

Winner

SPY

56.47%

Sharpe Ratio

EOS

0.66

Winner

SPY

2.07

5Y Beta

EOS

1.00

Winner

SPY

1.00

P/E Ratio

EOS

N/A

SPY

28.24

Forward P/E

EOS

N/A

SPY

21.85

5Y Dividends CAGR

Winner

EOS

10.80%

SPY

5.43%

5Y EPS CAGR

EOS

N/A

SPY

25.79%

Debt to Equity

EOS

N/A

SPY

22.35%

P/S Ratio

EOS

N/A

SPY

3.55

P/B Ratio

EOS

N/A

SPY

5.29

EOS vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	EOS	SPY
1 month	+7.68%	+9.11%
3 months	+4.08%	+6.59%
6 months	+3.64%	+10.56%
1 year	+12.06%	+32.04%
5 years(CAGR)	+8.53%	+13.35%
10 years(CAGR)	+14.02%	+15.49%
Max(CAGR)	+9.66%	+8.50%

EOS

+7.68%

Winner

SPY

+9.11%

EOS

+4.08%

Winner

SPY

+6.59%

EOS

+3.64%

Winner

SPY

+10.56%

EOS

+12.06%

Winner

SPY

+32.04%

5Y(CAGR)

EOS

+8.53%

Winner

SPY

+13.35%

10Y(CAGR)

EOS

+14.02%

Winner

SPY

+15.49%

Max(CAGR)

Winner

EOS

+9.66%

SPY

+8.50%

EOS vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EOS	SPY
2026	+1.07%	+8.27%
2025	+6.24%	+18.00%
2024	+41.08%	+25.59%
2023	+21.50%	+26.72%
2022	-25.87%	-18.64%
2021	+22.95%	+30.52%
2020	+29.43%	+17.28%
2019	+29.90%	+31.09%
2018	+2.38%	-5.24%
2017	+27.08%	+20.78%
2016	+2.99%	+13.59%
2015	+6.40%	+1.31%
2014	+15.87%	+14.56%
2013	+33.14%	+29.00%
2012	+12.08%	+14.17%
2011	-8.20%	+0.85%
2010	-7.17%	+13.14%
2009	+45.12%	+22.67%
2008	-32.54%	-36.25%
2007	-4.93%	+5.32%
2006	+23.07%	+13.85%
2005	-3.91%	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

EOS vs SPY Drawdown Comparison

The maximum drawdown for EOS was -55.70%, occurring on Mar 9, 2009. Recovery took 1411 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current EOS drawdown is -2.26%.

Rank	EOS	SPY
#1	-55.70% Jul 3, 2007 - Feb 8, 2013	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-41.12% Feb 19, 2020 - Aug 3, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-34.30% Dec 31, 2021 - Mar 12, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-25.69% Aug 29, 2018 - Jun 28, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-24.33% Dec 24, 2024 - Jun 27, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-19.16% Aug 5, 2015 - Jul 19, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-17.12% Sep 22, 2025 - Mar 30, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-12.44% Jul 10, 2024 - Oct 9, 2024	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.99% Aug 19, 2005 - Mar 3, 2006	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.46% Sep 18, 2014 - Oct 31, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.08% Sep 2, 2020 - Nov 16, 2020	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-8.65% Jan 26, 2018 - Mar 8, 2018	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-8.50% May 21, 2013 - Jul 15, 2013	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-8.29% Feb 14, 2005 - Jul 11, 2005	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-7.84% Feb 19, 2021 - Apr 13, 2021	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between EOS and SPY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (1999 - 2026)

EOS vs SPY dividend yield comparison.

Year	EOS	SPY
2026	2.67%	0.24%
2025	7.81%	1.07%
2024	7.17%	1.21%
2023	7.38%	1.40%
2022	9.69%	1.65%
2021	5.60%	1.20%
2020	5.01%	1.52%
2019	6.65%	1.75%
2018	7.16%	2.04%
2017	6.90%	1.80%
2016	8.20%	2.03%
2015	7.70%	2.06%
2014	7.59%	1.87%
2013	8.08%	1.81%
2012	10.15%	2.18%
2011	10.84%	2.05%
2010	11.57%	1.80%
2009	12.07%	1.95%
2008	16.19%	3.02%
2007	9.74%	1.85%
2006	8.36%	1.73%
2005	8.06%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%