ETJ vs IAT

Comparison between Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF) and ISHARES U.S. REGIONAL BANKS ETF (IAT, ETF).

5-Year PerformanceETJ has outperformed IAT, delivering a return of +3.0% compared to +2.2%

ETJ vs IAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETJ(ETF)	IAT(ETF)
Net Assets	$626M	$625M
Expense Ratio	N/A	0.38%
Max Drawdown	67.20%	78.80%
Sharpe Ratio	-0.02	1.11
5Y Beta	0.68	1.01
P/E Ratio	N/A	12.33
Forward P/E	N/A	11.13
PEG Ratio	N/A	0.39
5Y Dividends CAGR	-1.48%	7.63%
5Y EPS CAGR	N/A	6.81%
Debt to Equity	N/A	54.03%
P/S Ratio	N/A	3.61
P/B Ratio	N/A	1.27

Net Assets

Winner

ETJ

$626M

IAT

$625M

Expense Ratio

ETJ

N/A

IAT

0.38%

Max Drawdown

Winner

ETJ

67.20%

IAT

78.80%

Sharpe Ratio

ETJ

-0.02

Winner

IAT

1.11

5Y Beta

Winner

ETJ

0.68

IAT

1.01

P/E Ratio

ETJ

N/A

IAT

12.33

Forward P/E

ETJ

N/A

IAT

11.13

PEG Ratio

ETJ

N/A

IAT

0.39

5Y Dividends CAGR

ETJ

-1.48%

Winner

IAT

7.63%

5Y EPS CAGR

ETJ

N/A

IAT

6.81%

Debt to Equity

ETJ

N/A

IAT

54.03%

P/S Ratio

ETJ

N/A

IAT

3.61

P/B Ratio

ETJ

N/A

IAT

1.27

ETJ vs IAT - Historical Returns

Returns include dividend reinvestment.

Period	ETJ	IAT
1 month	-1.11%	+1.03%
3 months	-2.00%	+5.67%
6 months	-1.26%	+10.95%
1 year	+3.27%	+29.39%
5 years(CAGR)	+3.01%	+2.18%
10 years(CAGR)	+8.07%	+8.25%
Max(CAGR)	+5.33%	+3.34%

ETJ

-1.11%

Winner

IAT

+1.03%

ETJ

-2.00%

Winner

IAT

+5.67%

ETJ

-1.26%

Winner

IAT

+10.95%

ETJ

+3.27%

Winner

IAT

+29.39%

5Y(CAGR)

Winner

ETJ

+3.01%

IAT

+2.18%

10Y(CAGR)

ETJ

+8.07%

Winner

IAT

+8.25%

Max(CAGR)

Winner

ETJ

+5.33%

IAT

+3.34%

ETJ vs IAT - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	ETJ	IAT
2026	-1.67%	+5.65%
2025	+4.37%	+13.83%
2024	+30.50%	+23.07%
2023	+14.46%	-8.57%
2022	-23.01%	-22.25%
2021	+15.18%	+39.74%
2020	+22.42%	-7.86%
2019	+26.64%	+29.03%
2018	-8.47%	-17.78%
2017	+18.00%	+10.25%
2016	+0.02%	+35.82%
2015	+4.14%	+2.41%
2014	+4.34%	+8.94%
2013	+17.40%	+33.18%
2012	+9.78%	+15.22%
2011	-13.13%	-13.91%
2010	-11.37%	+18.93%
2009	+3.45%	-11.04%
2008	+6.37%	-31.81%
2007	-4.18%	-25.73%
2006	N/A	+6.02%

ETJ vs IAT Drawdown Comparison

The maximum drawdown for ETJ was -32.81%, occurring on Mar 18, 2020. Recovery took 73 trading sessions.

The maximum drawdown for IAT was -77.21%, occurring on Mar 6, 2009. Recovery took 2465 trading sessions.

The current ETJ drawdown is -3.70%. The current IAT drawdown is -6.14%.

Rank	ETJ	IAT
#1	-32.81% Feb 19, 2020 - Jun 3, 2020	-77.21% Feb 20, 2007 - Dec 1, 2016
#2	-31.32% Apr 22, 2010 - Jan 14, 2014	-55.53% Jan 14, 2022 - Feb 4, 2026
#3	-30.40% Jul 31, 2008 - Jul 21, 2009	-52.03% Mar 9, 2018 - Jan 12, 2021
#4	-28.53% Nov 12, 2021 - Aug 16, 2024	-17.49% Feb 6, 2026 - Mar 13, 2026
#5	-19.65% Oct 1, 2018 - Apr 17, 2019	-13.86% May 17, 2021 - Oct 5, 2021
#6	-15.45% Dec 26, 2024 - Jun 30, 2025	-13.59% Mar 1, 2017 - Nov 29, 2017
#7	-15.30% Jul 27, 2007 - Apr 24, 2008	-10.68% Oct 22, 2021 - Jan 6, 2022
#8	-12.54% Jun 18, 2015 - Jul 8, 2016	-9.71% Jan 14, 2021 - Feb 9, 2021
#9	-10.41% Feb 2, 2026 - Mar 27, 2026	-7.34% Feb 1, 2018 - Mar 7, 2018
#10	-9.84% Aug 22, 2016 - Jan 25, 2017	-7.19% Mar 12, 2021 - Apr 27, 2021
#11	-8.46% Jan 12, 2018 - Jun 4, 2018	-5.42% Feb 24, 2021 - Mar 8, 2021
#12	-8.25% Nov 28, 2014 - Jun 18, 2015	-5.30% May 8, 2006 - Sep 20, 2006
#13	-8.19% Sep 18, 2014 - Nov 28, 2014	-4.22% Jan 4, 2017 - Jan 25, 2017
#14	-7.97% Sep 1, 2020 - Nov 13, 2020	-3.93% May 7, 2021 - May 14, 2021
#15	-6.75% Sep 18, 2009 - Jan 8, 2010	-2.99% Dec 27, 2006 - Feb 7, 2007

Correlation

Correlation between ETJ and IAT is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2006 - 2026)

ETJ vs IAT dividend yield comparison.

Year	ETJ	IAT
2026	3.90%	0.44%
2025	8.86%	2.94%
2024	8.16%	2.95%
2023	8.86%	3.56%
2022	11.68%	3.12%
2021	8.53%	1.88%
2020	8.79%	2.87%
2019	9.77%	2.49%
2018	11.23%	2.48%
2017	9.82%	1.55%
2016	12.46%	1.52%
2015	10.98%	1.78%
2014	10.47%	1.68%
2013	9.90%	1.56%
2012	11.09%	1.96%
2011	12.23%	1.95%
2010	13.55%	1.11%
2009	10.80%	2.03%
2008	10.01%	5.21%
2007	2.41%	3.41%
2006	0.00%	2.30%