ETJ vs LGOV

Comparison between Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF) and FIRST TRUST LONG DURATION OPPORTUNITIES ETF (LGOV, ETF).

5-Year PerformanceETJ has outperformed LGOV, delivering a return of +3.5% compared to -2.2%

ETJ vs LGOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETJ(ETF)	LGOV(ETF)
Net Assets	$619M	$619M
Expense Ratio	N/A	0.49%
Max Drawdown	67.20%	37.47%
Sharpe Ratio	0.01	-0.13
5Y Beta	0.66	0.03
5Y Dividends CAGR	-1.48%	2.58%

Net Assets

ETJ

$619M

Winner

LGOV

$619M

Expense Ratio

ETJ

N/A

LGOV

0.49%

Max Drawdown

ETJ

67.20%

Winner

LGOV

37.47%

Sharpe Ratio

Winner

ETJ

0.01

LGOV

-0.13

5Y Beta

ETJ

0.66

Winner

LGOV

0.03

5Y Dividends CAGR

ETJ

-1.48%

Winner

LGOV

2.58%

ETJ vs LGOV - Historical Returns

Returns include dividend reinvestment.

Period	ETJ	LGOV
1 month	+1.97%	+0.61%
3 months	+2.58%	-0.36%
6 months	+1.15%	-3.95%
1 year	+3.36%	+2.47%
5 years(CAGR)	+3.49%	-2.23%
10 years(CAGR)	+8.38%	N/A
Max(CAGR)	+5.48%	+1.13%

Winner

ETJ

+1.97%

LGOV

+0.61%

Winner

ETJ

+2.58%

LGOV

-0.36%

Winner

ETJ

+1.15%

LGOV

-3.95%

Winner

ETJ

+3.36%

LGOV

+2.47%

5Y(CAGR)

Winner

ETJ

+3.49%

LGOV

-2.23%

10Y(CAGR)

ETJ

+8.38%

LGOV

N/A

Max(CAGR)

Winner

ETJ

+5.48%

LGOV

+1.13%

ETJ vs LGOV - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	ETJ	LGOV
2026	+2.20%	-0.49%
2025	+4.37%	+9.08%
2024	+30.50%	-1.38%
2023	+14.46%	+3.91%
2022	-23.01%	-18.69%
2021	+15.18%	-2.09%
2020	+22.42%	+11.10%
2019	+26.64%	+11.54%
2018	-8.47%	N/A
2017	+18.00%	N/A
2016	+0.02%	N/A
2015	+4.14%	N/A
2014	+4.34%	N/A
2013	+17.40%	N/A
2012	+9.78%	N/A
2011	-13.13%	N/A
2010	-11.37%	N/A
2009	+3.45%	N/A
2008	+6.37%	N/A
2007	-4.18%	N/A

ETJ vs LGOV Drawdown Comparison

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

The maximum drawdown for LGOV was -30.86%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current ETJ drawdown is -0.06%. The current LGOV drawdown is -15.33%.

Rank	ETJ	LGOV
#1	-32.81% Feb 19, 2020 - Jun 3, 2020	-30.86% Mar 9, 2020 - Oct 19, 2023
#2	-31.32% Apr 22, 2010 - Jan 14, 2014	-4.68% Sep 4, 2019 - Jan 30, 2020
#3	-30.40% Jul 31, 2008 - Jul 21, 2009	-1.68% Mar 28, 2019 - May 13, 2019
#4	-28.53% Nov 12, 2021 - Aug 16, 2024	-1.49% Jul 3, 2019 - Aug 1, 2019
#5	-19.65% Oct 1, 2018 - Apr 17, 2019	-1.15% Feb 26, 2019 - Mar 8, 2019
#6	-15.45% Dec 26, 2024 - Jun 30, 2025	-0.99% Jan 31, 2020 - Feb 18, 2020
#7	-15.30% Jul 27, 2007 - Apr 24, 2008	-0.83% Aug 15, 2019 - Aug 27, 2019
#8	-12.54% Jun 18, 2015 - Jul 8, 2016	-0.65% Jun 3, 2019 - Jun 18, 2019
#9	-10.41% Feb 2, 2026 - Aug 7, 2026	-0.44% Feb 8, 2019 - Feb 19, 2019
#10	-9.84% Aug 22, 2016 - Jan 25, 2017	-0.43% Feb 1, 2019 - Feb 7, 2019
#11	-8.46% Jan 12, 2018 - Jun 4, 2018	-0.39% Feb 20, 2019 - Feb 26, 2019
#12	-8.25% Nov 28, 2014 - Jun 18, 2015	-0.33% May 17, 2019 - May 23, 2019
#13	-8.19% Sep 18, 2014 - Nov 28, 2014	-0.31% Jun 28, 2019 - Jul 2, 2019
#14	-7.97% Sep 1, 2020 - Nov 13, 2020	-0.24% Aug 28, 2019 - Sep 3, 2019
#15	-6.75% Sep 18, 2009 - Jan 8, 2010	-0.24% Aug 8, 2019 - Aug 12, 2019

Correlation

Correlation between ETJ and LGOV is -0.09 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.09

-101

Dividend Comparison (2007 - 2026)

ETJ vs LGOV dividend yield comparison.

Year	ETJ	LGOV
2026	6.15%	2.94%
2025	8.86%	4.02%
2024	8.16%	4.03%
2023	8.86%	3.59%
2022	11.68%	1.97%
2021	8.53%	2.58%
2020	8.79%	3.75%
2019	9.77%	3.01%
2018	11.23%	0.00%
2017	9.82%	0.00%
2016	12.46%	0.00%
2015	10.98%	0.00%
2014	10.47%	0.00%
2013	9.90%	0.00%
2012	11.09%	0.00%
2011	12.23%	0.00%
2010	13.55%	0.00%
2009	10.80%	0.00%
2008	10.01%	0.00%
2007	2.41%	0.00%