ETO vs NXTG

Comparison between Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO, ETF) and FIRST TRUST INDXX NEXTG ETF (NXTG, ETF).

5-Year PerformanceNXTG has outperformed ETO, delivering a return of +16.2% compared to +8.4%

ETO vs NXTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETO(ETF)	NXTG(ETF)
Net Assets	$563M	$564M
Expense Ratio	N/A	0.70%
Max Drawdown	75.20%	34.71%
Sharpe Ratio	0.93	1.83
5Y Beta	0.84	0.98
5Y Dividends CAGR	5.67%	22.89%

Net Assets

ETO

$563M

Winner

NXTG

$564M

Expense Ratio

ETO

N/A

NXTG

0.70%

Max Drawdown

ETO

75.20%

Winner

NXTG

34.71%

Sharpe Ratio

ETO

0.93

Winner

NXTG

1.83

5Y Beta

Winner

ETO

0.84

NXTG

0.98

5Y Dividends CAGR

ETO

5.67%

Winner

NXTG

22.89%

ETO vs NXTG - Historical Returns

Returns include dividend reinvestment.

Period	ETO	NXTG
1 month	+1.30%	-5.22%
3 months	+6.32%	+13.27%
6 months	+3.93%	+29.87%
1 year	+17.84%	+50.69%
5 years(CAGR)	+8.37%	+16.17%
10 years(CAGR)	+11.73%	+15.99%
Max(CAGR)	+10.47%	+12.29%

Winner

ETO

+1.30%

NXTG

-5.22%

ETO

+6.32%

Winner

NXTG

+13.27%

ETO

+3.93%

Winner

NXTG

+29.87%

ETO

+17.84%

Winner

NXTG

+50.69%

5Y(CAGR)

ETO

+8.37%

Winner

NXTG

+16.17%

10Y(CAGR)

ETO

+11.73%

Winner

NXTG

+15.99%

Max(CAGR)

ETO

+10.47%

Winner

NXTG

+12.29%

ETO vs NXTG - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	ETO	NXTG
2026	+6.55%	+34.34%
2025	+30.49%	+28.94%
2024	+16.89%	+14.55%
2023	+21.38%	+27.68%
2022	-30.30%	-25.21%
2021	+38.76%	+21.75%
2020	+5.60%	+26.42%
2019	+48.13%	+29.30%
2018	-18.67%	-17.25%
2017	+33.20%	+29.08%
2016	+9.91%	+17.99%
2015	-3.13%	-3.79%
2014	+13.76%	+16.97%
2013	+30.52%	+31.10%
2012	+24.01%	+4.91%
2011	-12.34%	-20.85%
2010	+11.90%	N/A
2009	+40.57%	N/A
2008	-52.19%	N/A
2007	+19.59%	N/A
2006	+33.45%	N/A
2005	+31.87%	N/A
2004	+6.89%	N/A

ETO vs NXTG Drawdown Comparison

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

The maximum drawdown for NXTG was -33.62%, occurring on Oct 14, 2022. Recovery took 545 trading sessions.

The current ETO drawdown is -2.42%. The current NXTG drawdown is -12.61%.

Rank	ETO	NXTG
#1	-71.95% Oct 31, 2007 - May 2, 2013	-33.62% Jan 3, 2022 - Mar 6, 2024
#2	-51.93% Feb 20, 2020 - Dec 16, 2020	-30.46% Feb 18, 2011 - Jul 16, 2013
#3	-35.40% Nov 11, 2021 - Dec 4, 2024	-29.87% Feb 12, 2020 - Jul 20, 2020
#4	-29.75% Aug 28, 2018 - Mar 21, 2019	-23.64% Jan 17, 2018 - Dec 16, 2019
#5	-24.20% Apr 22, 2015 - Aug 23, 2016	-23.50% Apr 23, 2015 - Sep 22, 2016
#6	-23.75% Jul 12, 2007 - Oct 5, 2007	-17.75% Feb 20, 2025 - May 15, 2025
#7	-18.24% Feb 20, 2025 - May 13, 2025	-14.00% Jun 2, 2026 - Jul 20, 2026
#8	-16.44% May 21, 2013 - Nov 15, 2013	-13.41% Sep 3, 2014 - Dec 5, 2014
#9	-15.27% Feb 25, 2026 - May 6, 2026	-10.27% Feb 27, 2026 - Apr 9, 2026
#10	-14.73% Jun 1, 2004 - Nov 16, 2004	-9.24% Jul 16, 2024 - Aug 30, 2024
#11	-13.96% Jul 23, 2014 - Nov 6, 2014	-9.01% Mar 7, 2024 - Jun 5, 2024
#12	-13.70% May 10, 2006 - Aug 9, 2006	-8.91% Oct 28, 2025 - Jan 6, 2026
#13	-11.74% Dec 29, 2006 - Apr 3, 2007	-8.50% Feb 12, 2021 - Apr 15, 2021
#14	-11.38% Jan 24, 2018 - Aug 7, 2018	-6.79% Apr 26, 2021 - Jun 4, 2021
#15	-11.20% Sep 13, 2021 - Nov 11, 2021	-6.73% Oct 12, 2020 - Nov 5, 2020

Correlation

Correlation between ETO and NXTG is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2004 - 2026)

ETO vs NXTG dividend yield comparison.

Year	ETO	NXTG
2026	4.01%	0.55%
2025	6.85%	1.56%
2024	7.81%	1.51%
2023	6.97%	2.15%
2022	9.87%	2.04%
2021	5.82%	1.97%
2020	7.36%	1.04%
2019	8.32%	0.77%
2018	11.51%	1.27%
2017	8.50%	1.65%
2016	9.51%	1.23%
2015	9.29%	1.11%
2014	12.51%	1.07%
2013	8.49%	0.86%
2012	6.48%	1.24%
2011	7.55%	0.87%
2010	6.26%	0.00%
2009	6.62%	0.00%
2008	14.74%	0.00%
2007	5.66%	0.00%
2006	5.82%	0.00%
2005	6.16%	0.00%
2004	4.31%	0.00%