ETB vs IGD

Comparison between Eaton Vance Tax-Managed Buy-Write Income Fund (ETB, ETF) and Voya Global Equity Dividend and Premium Opportunity Fund (IGD, ETF).

5-Year PerformanceIGD has outperformed ETB, delivering a return of +11.3% compared to +7.4%

ETB vs IGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETB(ETF)	IGD(ETF)
Net Assets	$494M	$494M
Max Drawdown	59.40%	82.53%
Sharpe Ratio	1.07	1.27
5Y Beta	0.75	0.56
5Y Dividends CAGR	1.20%	4.56%

Net Assets

Winner

ETB

$494M

IGD

$494M

Max Drawdown

Winner

ETB

59.40%

IGD

82.53%

Sharpe Ratio

ETB

1.07

Winner

IGD

1.27

5Y Beta

ETB

0.75

Winner

IGD

0.56

5Y Dividends CAGR

ETB

1.20%

Winner

IGD

4.56%

ETB vs IGD - Historical Returns

Returns include dividend reinvestment.

Period	ETB	IGD
1 month	+1.48%	+2.93%
3 months	+3.43%	+9.38%
6 months	+3.49%	+16.14%
1 year	+14.87%	+22.71%
5 years(CAGR)	+7.40%	+11.31%
10 years(CAGR)	+8.18%	+9.07%
Max(CAGR)	+8.15%	+5.50%

ETB

+1.48%

Winner

IGD

+2.93%

ETB

+3.43%

Winner

IGD

+9.38%

ETB

+3.49%

Winner

IGD

+16.14%

ETB

+14.87%

Winner

IGD

+22.71%

5Y(CAGR)

ETB

+7.40%

Winner

IGD

+11.31%

10Y(CAGR)

ETB

+8.18%

Winner

IGD

+9.07%

Max(CAGR)

Winner

ETB

+8.15%

IGD

+5.50%

ETB vs IGD - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETB	IGD
2026	+5.30%	+16.95%
2025	+11.50%	+17.40%
2024	+26.79%	+21.59%
2023	+7.26%	+1.52%
2022	-17.06%	-5.17%
2021	+26.64%	+30.35%
2020	+0.51%	-7.55%
2019	+29.45%	+15.38%
2018	-12.67%	-16.71%
2017	+12.37%	+25.47%
2016	+8.92%	+10.55%
2015	+13.83%	-5.55%
2014	+16.83%	+4.15%
2013	+11.61%	+12.66%
2012	+19.91%	+12.13%
2011	-3.08%	-11.30%
2010	-4.88%	-0.43%
2009	+46.53%	+40.90%
2008	-19.08%	-32.54%
2007	-8.12%	-13.29%
2006	+26.09%	+33.18%
2005	-4.99%	-8.42%

ETB vs IGD Drawdown Comparison

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

The maximum drawdown for IGD was -59.27%, occurring on Nov 20, 2008. Recovery took 1712 trading sessions.

The current ETB drawdown is -1.57%. The current IGD drawdown is -0.78%.

Rank	ETB	IGD
#1	-50.92% Jun 1, 2007 - Sep 16, 2009	-59.27% Jun 1, 2007 - Mar 20, 2014
#2	-45.03% Feb 19, 2020 - Mar 17, 2021	-41.01% Jan 24, 2018 - Apr 16, 2021
#3	-25.67% Mar 24, 2010 - Jul 13, 2012	-27.27% Aug 27, 2014 - Feb 28, 2017
#4	-24.54% Sep 20, 2018 - Apr 29, 2019	-15.80% Jan 12, 2022 - Mar 12, 2024
#5	-23.45% Mar 22, 2022 - Jul 12, 2024	-15.14% Aug 31, 2005 - Jul 5, 2006
#6	-20.10% Jan 23, 2025 - Aug 6, 2025	-11.01% Mar 31, 2025 - May 16, 2025
#7	-17.38% Dec 29, 2015 - Apr 12, 2016	-9.82% Dec 27, 2006 - May 31, 2007
#8	-14.19% Jan 14, 2010 - Mar 10, 2010	-6.29% Sep 3, 2021 - Dec 22, 2021
#9	-13.97% Oct 15, 2012 - Jan 15, 2013	-6.20% Mar 2, 2026 - Apr 14, 2026
#10	-12.26% Aug 2, 2005 - Mar 13, 2006	-5.56% Oct 23, 2017 - Jan 11, 2018
#11	-11.06% Jul 28, 2014 - Oct 31, 2014	-5.48% Jul 24, 2014 - Aug 25, 2014
#12	-10.54% Aug 19, 2015 - Nov 23, 2015	-5.35% Dec 3, 2024 - Feb 19, 2025
#13	-9.17% Feb 25, 2026 - Apr 15, 2026	-4.94% Mar 28, 2024 - May 15, 2024
#14	-9.02% Jan 12, 2022 - Feb 16, 2022	-4.88% Sep 19, 2025 - Dec 22, 2025
#15	-8.93% Jan 12, 2018 - Jul 17, 2018	-4.84% Jul 31, 2024 - Aug 15, 2024

Correlation

Correlation between ETB and IGD is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2005 - 2026)

ETB vs IGD dividend yield comparison.

Year	ETB	IGD
2026	4.83%	4.73%
2025	8.31%	10.49%
2024	8.21%	10.52%
2023	8.62%	9.66%
2022	9.63%	8.87%
2021	7.57%	7.73%
2020	8.64%	9.20%
2019	7.90%	10.47%
2018	9.64%	12.49%
2017	7.75%	9.45%
2016	7.85%	13.23%
2015	7.77%	13.03%
2014	8.15%	10.96%
2013	8.70%	10.91%
2012	9.24%	13.03%
2011	10.09%	13.81%
2010	12.49%	12.21%
2009	10.68%	14.87%
2008	14.37%	18.46%
2007	10.33%	12.49%
2006	8.53%	7.91%
2005	4.96%	7.76%