ETB vs GDE

Comparison between Eaton Vance Tax-Managed Buy-Write Income Fund (ETB, ETF) and WISDOMTREE EFFICIENT GOLD PLUS EQUITY STRATEGY FUND (GDE, ETF).

ETB vs GDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETB(ETF)	GDE(ETF)
Net Assets	$494M	$496M
Expense Ratio	N/A	0.20%
Max Drawdown	59.40%	32.01%
Sharpe Ratio	1.07	0.98
5Y Beta	0.75	1.12
P/E Ratio	N/A	29.27
Forward P/E	N/A	21.29
PEG Ratio	N/A	0.33
5Y Dividends CAGR	1.20%	N/A
5Y EPS CAGR	N/A	29.20%
Debt to Equity	N/A	30.19%
P/S Ratio	N/A	3.73
P/B Ratio	N/A	5.92

Net Assets

ETB

$494M

Winner

GDE

$496M

Expense Ratio

ETB

N/A

GDE

0.20%

Max Drawdown

ETB

59.40%

Winner

GDE

32.01%

Sharpe Ratio

Winner

ETB

1.07

GDE

0.98

5Y Beta

Winner

ETB

0.75

GDE

1.12

P/E Ratio

ETB

N/A

GDE

29.27

Forward P/E

ETB

N/A

GDE

21.29

PEG Ratio

ETB

N/A

GDE

0.33

5Y Dividends CAGR

ETB

1.20%

GDE

N/A

5Y EPS CAGR

ETB

N/A

GDE

29.20%

Debt to Equity

ETB

N/A

GDE

30.19%

P/S Ratio

ETB

N/A

GDE

3.73

P/B Ratio

ETB

N/A

GDE

5.92

ETB vs GDE - Historical Returns

Returns include dividend reinvestment.

Period	ETB	GDE
1 month	+1.48%	-1.22%
3 months	+3.43%	-10.44%
6 months	+3.49%	-14.06%
1 year	+14.87%	+28.42%
5 years(CAGR)	+7.40%	+25.56%
10 years(CAGR)	+8.18%	N/A
Max(CAGR)	+8.15%	+25.56%

Winner

ETB

+1.48%

GDE

-1.22%

Winner

ETB

+3.43%

GDE

-10.44%

Winner

ETB

+3.49%

GDE

-14.06%

ETB

+14.87%

Winner

GDE

+28.42%

5Y(CAGR)

ETB

+7.40%

Winner

GDE

+25.56%

10Y(CAGR)

ETB

+8.18%

GDE

N/A

Max(CAGR)

ETB

+8.15%

Winner

GDE

+25.56%

ETB vs GDE - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETB	GDE
2026	+5.30%	-1.94%
2025	+11.50%	+73.61%
2024	+26.79%	+46.71%
2023	+7.26%	+32.98%
2022	-17.06%	-18.68%
2021	+26.64%	N/A
2020	+0.51%	N/A
2019	+29.45%	N/A
2018	-12.67%	N/A
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 GDE Drawdown Comparison

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

The maximum drawdown for GDE was -32.01%, occurring on Oct 14, 2022. Recovery took 421 trading sessions.

The current ETB drawdown is -1.57%. The current GDE drawdown is -20.48%.

Rank	ETB	GDE
#1	-50.92% Jun 1, 2007 - Sep 16, 2009	-32.01% Mar 30, 2022 - Dec 1, 2023
#2	-45.03% Feb 19, 2020 - Mar 17, 2021	-22.66% Jan 28, 2026 - Mar 26, 2026
#3	-25.67% Mar 24, 2010 - Jul 13, 2012	-16.45% Feb 13, 2025 - Apr 24, 2025
#4	-24.54% Sep 20, 2018 - Apr 29, 2019	-10.73% Jul 16, 2024 - Aug 21, 2024
#5	-23.45% Mar 22, 2022 - Jul 12, 2024	-8.96% Oct 20, 2025 - Dec 19, 2025
#6	-20.10% Jan 23, 2025 - Aug 6, 2025	-7.89% Dec 11, 2024 - Jan 22, 2025
#7	-17.38% Dec 29, 2015 - Apr 12, 2016	-7.30% Oct 30, 2024 - Dec 11, 2024
#8	-14.19% Jan 14, 2010 - Mar 10, 2010	-5.98% Apr 11, 2024 - May 15, 2024
#9	-13.97% Oct 15, 2012 - Jan 15, 2013	-5.94% Aug 27, 2024 - Sep 13, 2024
#10	-12.26% Aug 2, 2005 - Mar 13, 2006	-5.62% Dec 26, 2025 - Jan 12, 2026
#11	-11.06% Jul 28, 2014 - Oct 31, 2014	-5.25% May 21, 2024 - Jul 5, 2024
#12	-10.54% Aug 19, 2015 - Nov 23, 2015	-4.77% Feb 9, 2024 - Mar 1, 2024
#13	-9.17% Feb 25, 2026 - Apr 15, 2026	-4.40% Jul 22, 2025 - Aug 8, 2025
#14	-9.02% Jan 12, 2022 - Feb 16, 2022	-4.08% Dec 27, 2023 - Jan 29, 2024
#15	-8.93% Jan 12, 2018 - Jul 17, 2018	-3.85% Aug 8, 2025 - Aug 28, 2025

Correlation

Correlation between ETB and GDE is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2005 - 2026)

ETB vs GDE dividend yield comparison.

Year	ETB	GDE
2026	4.83%	0.00%
2025	8.31%	4.32%
2024	8.21%	7.14%
2023	8.62%	2.22%
2022	9.63%	0.81%
2021	7.57%	0.00%
2020	8.64%	0.00%
2019	7.90%	0.00%
2018	9.64%	0.00%
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%