ETG vs SPY

Comparison between Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ETG, delivering a return of +13.3% compared to +10.5%

ETG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETG(ETF)	SPY(ETF)
Net Assets	$1.70B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	78.34%	56.47%
Sharpe Ratio	1.50	2.07
5Y Beta	0.92	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	6.45%	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

ETG

$1.70B

Winner

SPY

$652B

Expense Ratio

ETG

N/A

SPY

0.09%

Max Drawdown

ETG

78.34%

Winner

SPY

56.47%

Sharpe Ratio

ETG

1.50

Winner

SPY

2.07

5Y Beta

Winner

ETG

0.92

SPY

1.00

P/E Ratio

ETG

N/A

SPY

28.24

Forward P/E

ETG

N/A

SPY

21.85

5Y Dividends CAGR

Winner

ETG

6.45%

SPY

5.43%

5Y EPS CAGR

ETG

N/A

SPY

25.79%

Debt to Equity

ETG

N/A

SPY

22.35%

P/S Ratio

ETG

N/A

SPY

3.55

P/B Ratio

ETG

N/A

SPY

5.29

ETG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ETG	SPY
1 month	+9.70%	+9.11%
3 months	+0.56%	+6.59%
6 months	+9.55%	+10.56%
1 year	+28.41%	+32.04%
5 years(CAGR)	+10.53%	+13.35%
10 years(CAGR)	+13.28%	+15.49%
Max(CAGR)	+8.77%	+8.50%

Winner

ETG

+9.70%

SPY

+9.11%

ETG

+0.56%

Winner

SPY

+6.59%

ETG

+9.55%

Winner

SPY

+10.56%

ETG

+28.41%

Winner

SPY

+32.04%

5Y(CAGR)

ETG

+10.53%

Winner

SPY

+13.35%

10Y(CAGR)

ETG

+13.28%

Winner

SPY

+15.49%

Max(CAGR)

Winner

ETG

+8.77%

SPY

+8.50%

ETG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ETG	SPY
2026	+2.09%	+8.27%
2025	+36.72%	+18.00%
2024	+17.24%	+25.59%
2023	+21.74%	+26.72%
2022	-27.67%	-18.64%
2021	+35.89%	+30.52%
2020	+9.86%	+17.28%
2019	+40.82%	+31.09%
2018	-15.13%	-5.24%
2017	+30.28%	+20.78%
2016	+0.10%	+13.59%
2015	+3.39%	+1.31%
2014	+3.25%	+14.56%
2013	+30.36%	+29.00%
2012	+18.06%	+14.17%
2011	-7.33%	+0.85%
2010	+10.83%	+13.14%
2009	+36.82%	+22.67%
2008	-54.78%	-36.25%
2007	+10.23%	+5.32%
2006	+33.94%	+13.85%
2005	+11.43%	+5.32%
2004	+5.75%	+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%

ETG vs SPY Drawdown Comparison

The maximum drawdown for ETG was -74.70%, occurring on Mar 9, 2009. Recovery took 1624 trading sessions.

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

The current ETG drawdown is -0.76%.

Rank	ETG	SPY
#1	-74.70% Jul 13, 2007 - Dec 23, 2013	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-51.49% Feb 20, 2020 - Dec 16, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-31.58% Jan 3, 2022 - Jun 27, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-29.50% Sep 21, 2018 - Oct 24, 2019	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-24.65% Jun 2, 2015 - Mar 1, 2017	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-20.78% Feb 6, 2004 - Nov 23, 2004	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.96% Feb 19, 2025 - May 2, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.65% Feb 2, 2026 - Mar 30, 2026	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.58% Jul 7, 2014 - Mar 24, 2015	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-10.28% Jul 16, 2024 - Sep 19, 2024	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-10.10% Jan 23, 2018 - Jul 24, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-9.98% Dec 20, 2006 - Apr 4, 2007	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-6.88% Sep 12, 2005 - Nov 3, 2005	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-6.87% Jun 4, 2007 - Jul 13, 2007	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-6.71% Jan 22, 2014 - Feb 21, 2014	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ETG 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)

ETG vs SPY dividend yield comparison.

Year	ETG	SPY
2026	2.25%	0.24%
2025	6.72%	1.07%
2024	8.03%	1.21%
2023	7.02%	1.40%
2022	9.94%	1.65%
2021	6.02%	1.20%
2020	6.74%	1.52%
2019	6.83%	1.75%
2018	9.08%	2.04%
2017	7.69%	1.80%
2016	8.74%	2.03%
2015	7.93%	2.06%
2014	7.61%	1.87%
2013	6.66%	1.81%
2012	8.30%	2.18%
2011	9.23%	2.05%
2010	7.99%	1.80%
2009	8.21%	1.95%
2008	15.86%	3.02%
2007	5.72%	1.85%
2006	5.22%	1.73%
2005	6.36%	1.73%
2004	6.23%	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%