ETO vs AGZ

Comparison between Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO, ETF) and ISHARES AGENCY BOND ETF (AGZ, ETF).

5-Year PerformanceETO has outperformed AGZ, delivering a return of +7.7% compared to +1.2%

ETO vs AGZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETO(ETF)	AGZ(ETF)
Net Assets	$564M	$563M
Expense Ratio	N/A	0.15%
Max Drawdown	75.20%	13.98%
Sharpe Ratio	1.23	-0.34
5Y Beta	0.84	-0.00
5Y Dividends CAGR	5.67%	12.75%

Net Assets

Winner

ETO

$564M

AGZ

$563M

Expense Ratio

ETO

N/A

AGZ

0.15%

Max Drawdown

ETO

75.20%

Winner

AGZ

13.98%

Sharpe Ratio

Winner

ETO

1.23

AGZ

-0.34

5Y Beta

ETO

0.84

Winner

AGZ

-0.00

5Y Dividends CAGR

ETO

5.67%

Winner

AGZ

12.75%

ETO vs AGZ - Historical Returns

Returns include dividend reinvestment.

Period	ETO	AGZ
1 month	+6.20%	+0.75%
3 months	+6.12%	+0.75%
6 months	+7.62%	+0.11%
1 year	+24.29%	+2.97%
5 years(CAGR)	+7.68%	+1.18%
10 years(CAGR)	+12.32%	+1.82%
Max(CAGR)	+10.69%	+2.39%

Winner

ETO

+6.20%

AGZ

+0.75%

Winner

ETO

+6.12%

AGZ

+0.75%

Winner

ETO

+7.62%

AGZ

+0.11%

Winner

ETO

+24.29%

AGZ

+2.97%

5Y(CAGR)

Winner

ETO

+7.68%

AGZ

+1.18%

10Y(CAGR)

Winner

ETO

+12.32%

AGZ

+1.82%

Max(CAGR)

Winner

ETO

+10.69%

AGZ

+2.39%

ETO vs AGZ - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	ETO	AGZ
2026	+12.44%	+0.88%
2025	+30.49%	+6.06%
2024	+16.89%	+3.32%
2023	+21.38%	+4.99%
2022	-30.30%	-7.53%
2021	+38.76%	-1.08%
2020	+5.60%	+5.59%
2019	+48.13%	+5.34%
2018	-18.67%	+1.51%
2017	+33.20%	+2.14%
2016	+9.91%	+1.02%
2015	-3.13%	+1.06%
2014	+13.76%	+3.44%
2013	+30.52%	-1.22%
2012	+24.01%	+1.65%
2011	-12.34%	+4.87%
2010	+11.90%	+3.70%
2009	+40.57%	+2.08%
2008	-52.19%	+6.01%
2007	+19.59%	N/A
2006	+33.45%	N/A
2005	+31.87%	N/A
2004	+6.89%	N/A

ETO vs AGZ Drawdown Comparison

The maximum drawdown for ETO was -71.95%, occurring on Mar 9, 2009. Recovery took 1384 trading sessions.

The maximum drawdown for AGZ was -11.01%, occurring on Oct 20, 2022. Recovery took 1126 trading sessions.

The current ETO drawdown is -1.18%. The current AGZ drawdown is -0.05%.

Rank	ETO	AGZ
#1	-71.95% Oct 31, 2007 - May 2, 2013	-11.01% Sep 3, 2020 - Feb 28, 2025
#2	-51.93% Feb 20, 2020 - Dec 16, 2020	-4.98% Nov 13, 2008 - Dec 11, 2008
#3	-35.40% Nov 11, 2021 - Dec 4, 2024	-3.28% May 1, 2013 - May 15, 2014
#4	-29.75% Aug 28, 2018 - Mar 21, 2019	-2.88% Jul 6, 2016 - Aug 18, 2017
#5	-24.20% Apr 22, 2015 - Aug 23, 2016	-2.52% Nov 4, 2010 - Jun 1, 2011
#6	-23.75% Jul 12, 2007 - Oct 5, 2007	-2.34% Sep 7, 2017 - Dec 18, 2018
#7	-18.24% Feb 20, 2025 - May 13, 2025	-2.24% Apr 14, 2009 - Jul 8, 2009
#8	-16.44% May 21, 2013 - Nov 15, 2013	-2.24% Mar 9, 2020 - Jul 20, 2020
#9	-15.27% Feb 25, 2026 - May 6, 2026	-1.84% Jan 23, 2015 - Oct 14, 2015
#10	-14.73% Jun 1, 2004 - Nov 16, 2004	-1.80% Jan 14, 2009 - Mar 18, 2009
#11	-13.96% Jul 23, 2014 - Nov 6, 2014	-1.58% Jul 8, 2009 - Sep 1, 2009
#12	-13.70% May 10, 2006 - Aug 9, 2006	-1.53% Sep 4, 2019 - Jan 23, 2020
#13	-11.74% Dec 29, 2006 - Apr 3, 2007	-1.53% Nov 30, 2009 - May 4, 2010
#14	-11.38% Jan 24, 2018 - Aug 7, 2018	-1.35% Feb 27, 2026 - May 19, 2026
#15	-11.20% Sep 13, 2021 - Nov 11, 2021	-1.30% Apr 4, 2025 - Apr 28, 2025

Correlation

Correlation between ETO and AGZ is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2004 - 2026)

ETO vs AGZ dividend yield comparison.

Year	ETO	AGZ
2026	4.37%	2.11%
2025	6.85%	3.75%
2024	7.81%	3.48%
2023	6.97%	3.14%
2022	9.87%	1.56%
2021	5.82%	0.96%
2020	7.36%	2.25%
2019	8.32%	2.32%
2018	11.51%	2.15%
2017	8.50%	1.58%
2016	9.51%	1.52%
2015	9.29%	1.30%
2014	12.51%	1.33%
2013	8.49%	1.19%
2012	6.48%	1.22%
2011	7.55%	1.66%
2010	6.26%	1.88%
2009	6.62%	2.00%
2008	14.74%	0.38%
2007	5.66%	0.00%
2006	5.82%	0.00%
2005	6.16%	0.00%
2004	4.31%	0.00%