ETB vs BGRN

Comparison between Eaton Vance Tax-Managed Buy-Write Income Fund (ETB, ETF) and ISHARES USD GREEN BOND ETF (BGRN, ETF).

5-Year PerformanceETB has outperformed BGRN, delivering a return of +7.9% compared to +0.2%

ETB vs BGRN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETB(ETF)	BGRN(ETF)
Net Assets	$498M	$501M
Expense Ratio	N/A	0.20%
Max Drawdown	59.40%	21.52%
Sharpe Ratio	0.95	-0.35
5Y Beta	0.74	0.08
5Y Dividends CAGR	1.20%	52.64%

Net Assets

ETB

$498M

Winner

BGRN

$501M

Expense Ratio

ETB

N/A

BGRN

0.20%

Max Drawdown

ETB

59.40%

Winner

BGRN

21.52%

Sharpe Ratio

Winner

ETB

0.95

BGRN

-0.35

5Y Beta

ETB

0.74

Winner

BGRN

0.08

5Y Dividends CAGR

ETB

1.20%

Winner

BGRN

52.64%

ETB vs BGRN - Historical Returns

Returns include dividend reinvestment.

Period	ETB	BGRN
1 month	+3.39%	+0.90%
3 months	+3.78%	+0.46%
6 months	+5.43%	-0.30%
1 year	+14.61%	+2.82%
5 years(CAGR)	+7.88%	+0.22%
10 years(CAGR)	+8.53%	N/A
Max(CAGR)	+8.26%	+2.22%

Winner

ETB

+3.39%

BGRN

+0.90%

Winner

ETB

+3.78%

BGRN

+0.46%

Winner

ETB

+5.43%

BGRN

-0.30%

Winner

ETB

+14.61%

BGRN

+2.82%

5Y(CAGR)

Winner

ETB

+7.88%

BGRN

+0.22%

10Y(CAGR)

ETB

+8.53%

BGRN

N/A

Max(CAGR)

Winner

ETB

+8.26%

BGRN

+2.22%

ETB vs BGRN - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETB	BGRN
2026	+8.51%	+0.85%
2025	+11.50%	+7.28%
2024	+26.79%	+3.27%
2023	+7.26%	+6.13%
2022	-17.06%	-12.53%
2021	+26.64%	-2.90%
2020	+0.51%	+6.48%
2019	+29.45%	+9.71%
2018	-12.67%	+1.14%
2017	+12.37%	N/A
2016	+8.92%	N/A
2015	+13.83%	N/A
2014	+16.83%	N/A
2013	+11.61%	N/A
2012	+19.91%	N/A
2011	-3.08%	N/A
2010	-4.88%	N/A
2009	+46.53%	N/A
2008	-19.08%	N/A
2007	-8.12%	N/A
2006	+26.09%	N/A
2005	-4.99%	N/A

ETB vs BGRN Drawdown Comparison

The maximum drawdown for ETB was -50.92%, occurring on Nov 20, 2008. Recovery took 578 trading sessions.

The maximum drawdown for BGRN was -19.16%, occurring on Oct 20, 2022. Recovery took 1298 trading sessions.

The current BGRN drawdown is -0.50%.

Rank	ETB	BGRN
#1	-50.92% Jun 1, 2007 - Sep 16, 2009	-19.16% Dec 11, 2020 - Feb 13, 2026
#2	-45.03% Feb 19, 2020 - Mar 17, 2021	-6.56% Mar 9, 2020 - Jul 21, 2020
#3	-25.67% Mar 24, 2010 - Jul 13, 2012	-2.23% Feb 27, 2026 - Mar 27, 2026
#4	-24.54% Sep 20, 2018 - Apr 29, 2019	-2.22% Aug 28, 2019 - Jan 30, 2020
#5	-23.45% Mar 22, 2022 - Jul 12, 2024	-0.93% Aug 4, 2020 - Sep 21, 2020
#6	-20.10% Jan 23, 2025 - Aug 6, 2025	-0.86% Jul 3, 2019 - Jul 19, 2019
#7	-17.38% Dec 29, 2015 - Apr 12, 2016	-0.84% Nov 5, 2020 - Nov 19, 2020
#8	-14.19% Jan 14, 2010 - Mar 10, 2010	-0.62% Aug 15, 2019 - Aug 28, 2019
#9	-13.97% Oct 15, 2012 - Jan 15, 2013	-0.57% Nov 20, 2020 - Dec 8, 2020
#10	-12.26% Aug 2, 2005 - Mar 13, 2006	-0.52% Jan 31, 2020 - Feb 18, 2020
#11	-11.06% Jul 28, 2014 - Oct 31, 2014	-0.48% Mar 28, 2019 - Apr 24, 2019
#12	-10.54% Aug 19, 2015 - Nov 23, 2015	-0.36% Sep 21, 2020 - Sep 29, 2020
#13	-9.17% Feb 25, 2026 - Apr 15, 2026	-0.36% Jun 7, 2019 - Jun 14, 2019
#14	-9.02% Jan 12, 2022 - Feb 16, 2022	-0.35% Feb 22, 2019 - Mar 6, 2019
#15	-8.93% Jan 12, 2018 - Jul 17, 2018	-0.34% Oct 15, 2020 - Oct 27, 2020

Correlation

Correlation between ETB and BGRN is 0.37 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.37

-101

Dividend Comparison (2005 - 2026)

ETB vs BGRN dividend yield comparison.

Year	ETB	BGRN
2026	5.40%	2.53%
2025	8.31%	4.21%
2024	8.21%	4.07%
2023	8.62%	3.52%
2022	9.63%	2.66%
2021	7.57%	0.78%
2020	8.64%	1.82%
2019	7.90%	3.66%
2018	9.64%	0.21%
2017	7.75%	0.00%
2016	7.85%	0.00%
2015	7.77%	0.00%
2014	8.15%	0.00%
2013	8.70%	0.00%
2012	9.24%	0.00%
2011	10.09%	0.00%
2010	12.49%	0.00%
2009	10.68%	0.00%
2008	14.37%	0.00%
2007	10.33%	0.00%
2006	8.53%	0.00%
2005	4.96%	0.00%