ETB vs VNM

Comparison between Eaton Vance Tax-Managed Buy-Write Income Fund (ETB, ETF) and VANECK VIETNAM ETF (VNM, ETF).

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

ETB vs VNM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETB(ETF)	VNM(ETF)
Net Assets	$498M	$496M
Expense Ratio	N/A	0.66%
Max Drawdown	59.40%	69.75%
Sharpe Ratio	0.95	0.12
5Y Beta	0.74	0.79
5Y Dividends CAGR	1.20%	-27.59%

Net Assets

Winner

ETB

$498M

VNM

$496M

Expense Ratio

ETB

N/A

VNM

0.66%

Max Drawdown

Winner

ETB

59.40%

VNM

69.75%

Sharpe Ratio

Winner

ETB

0.95

VNM

0.12

5Y Beta

Winner

ETB

0.74

VNM

0.79

5Y Dividends CAGR

Winner

ETB

1.20%

VNM

-27.59%

ETB vs VNM - Historical Returns

Returns include dividend reinvestment.

Period	ETB	VNM
1 month	+3.39%	+9.05%
3 months	+3.78%	-4.88%
6 months	+5.43%	-5.95%
1 year	+14.61%	+4.45%
5 years(CAGR)	+7.88%	-0.18%
10 years(CAGR)	+8.53%	+3.08%
Max(CAGR)	+8.26%	-0.60%

ETB

+3.39%

Winner

VNM

+9.05%

Winner

ETB

+3.78%

VNM

-4.88%

Winner

ETB

+5.43%

VNM

-5.95%

Winner

ETB

+14.61%

VNM

+4.45%

5Y(CAGR)

Winner

ETB

+7.88%

VNM

-0.18%

10Y(CAGR)

Winner

ETB

+8.53%

VNM

+3.08%

Max(CAGR)

Winner

ETB

+8.26%

VNM

-0.60%

ETB vs VNM - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETB	VNM
2026	+8.51%	-6.07%
2025	+11.50%	+65.39%
2024	+26.79%	-9.75%
2023	+7.26%	+10.66%
2022	-17.06%	-43.81%
2021	+26.64%	+21.63%
2020	+0.51%	+8.01%
2019	+29.45%	+8.14%
2018	-12.67%	-17.39%
2017	+12.37%	+36.46%
2016	+8.92%	-10.75%
2015	+13.83%	-19.15%
2014	+16.83%	+6.30%
2013	+11.61%	+2.36%
2012	+19.91%	+24.62%
2011	-3.08%	-46.32%
2010	-4.88%	-1.77%
2009	+46.53%	-1.90%
2008	-19.08%	N/A
2007	-8.12%	N/A
2006	+26.09%	N/A
2005	-4.99%	N/A

ETB vs VNM Drawdown Comparison

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

The maximum drawdown for VNM was -63.25%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The current VNM drawdown is -26.81%.

Rank	ETB	VNM
#1	-50.92% Jun 1, 2007 - Sep 16, 2009	-63.25% Oct 22, 2009 - Mar 23, 2020
#2	-45.03% Feb 19, 2020 - Mar 17, 2021	-6.44% Aug 21, 2009 - Sep 9, 2009
#3	-25.67% Mar 24, 2010 - Jul 13, 2012	-5.51% Sep 21, 2009 - Oct 9, 2009
#4	-24.54% Sep 20, 2018 - Apr 29, 2019	-3.04% Aug 14, 2009 - Aug 19, 2009
#5	-23.45% Mar 22, 2022 - Jul 12, 2024	-2.23% Oct 15, 2009 - Oct 19, 2009
#6	-20.10% Jan 23, 2025 - Aug 6, 2025	-1.78% Oct 19, 2009 - Oct 22, 2009
#7	-17.38% Dec 29, 2015 - Apr 12, 2016	-0.87% Sep 16, 2009 - Sep 21, 2009
#8	-14.19% Jan 14, 2010 - Mar 10, 2010	-0.82% Oct 12, 2009 - Oct 14, 2009
#9	-13.97% Oct 15, 2012 - Jan 15, 2013	N/A
#10	-12.26% Aug 2, 2005 - Mar 13, 2006	N/A
#11	-11.06% Jul 28, 2014 - Oct 31, 2014	N/A
#12	-10.54% Aug 19, 2015 - Nov 23, 2015	N/A
#13	-9.17% Feb 25, 2026 - Apr 15, 2026	N/A
#14	-9.02% Jan 12, 2022 - Feb 16, 2022	N/A
#15	-8.93% Jan 12, 2018 - Jul 17, 2018	N/A

Correlation

Correlation between ETB and VNM is -0.14 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.14

-101

Dividend Comparison (2005 - 2026)

ETB vs VNM dividend yield comparison.

Year	ETB	VNM
2026	5.40%	0.00%
2025	8.31%	0.20%
2024	8.21%	0.00%
2023	8.62%	5.21%
2022	9.63%	0.96%
2021	7.57%	0.49%
2020	8.64%	0.40%
2019	7.90%	0.76%
2018	9.64%	0.83%
2017	7.75%	1.14%
2016	7.85%	2.44%
2015	7.77%	3.69%
2014	8.15%	2.65%
2013	8.70%	3.19%
2012	9.24%	2.04%
2011	10.09%	1.12%
2010	12.49%	1.31%
2009	10.68%	0.14%
2008	14.37%	0.00%
2007	10.33%	0.00%
2006	8.53%	0.00%
2005	4.96%	0.00%