ETO vs SPY
Comparison between Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ETO, delivering a return of +13.3% compared to +8.5%
ETO vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ETO vs SPY - Historical Returns
Returns include dividend reinvestment.
ETO vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ETO | SPY |
|---|---|---|
| 2026 | +4.59% | +8.26% |
| 2025 | +30.49% | +18.00% |
| 2024 | +16.89% | +25.59% |
| 2023 | +21.38% | +26.72% |
| 2022 | -30.30% | -18.64% |
| 2021 | +38.76% | +30.52% |
| 2020 | +5.60% | +17.28% |
| 2019 | +48.13% | +31.09% |
| 2018 | -18.67% | -5.24% |
| 2017 | +33.20% | +20.78% |
| 2016 | +9.91% | +13.59% |
| 2015 | -3.13% | +1.31% |
| 2014 | +13.76% | +14.56% |
| 2013 | +30.52% | +29.00% |
| 2012 | +24.01% | +14.17% |
| 2011 | -12.34% | +0.85% |
| 2010 | +11.90% | +13.14% |
| 2009 | +40.57% | +22.67% |
| 2008 | -52.19% | -36.25% |
| 2007 | +19.59% | +5.32% |
| 2006 | +33.45% | +13.85% |
| 2005 | +31.87% | +5.32% |
| 2004 | +6.89% | +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% |
ETO vs SPY Drawdown Comparison
The maximum drawdown for ETO was -71.95%, occurring on Mar 9, 2009. Recovery took 1384 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ETO drawdown is -3.41%. The current SPY drawdown is -2.90%.
| Rank | ETO | SPY |
|---|---|---|
| #1 | -71.95% Oct 31, 2007 - May 2, 2013 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -51.93% Feb 20, 2020 - Dec 16, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -35.40% Nov 11, 2021 - Dec 4, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -29.75% Aug 28, 2018 - Mar 21, 2019 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -24.20% Apr 22, 2015 - Aug 23, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -23.75% Jul 12, 2007 - Oct 5, 2007 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -18.24% Feb 20, 2025 - May 13, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -16.44% May 21, 2013 - Nov 15, 2013 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -15.27% Feb 25, 2026 - May 6, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -14.73% Jun 1, 2004 - Nov 16, 2004 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -13.96% Jul 23, 2014 - Nov 6, 2014 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -13.70% May 10, 2006 - Aug 9, 2006 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -11.74% Dec 29, 2006 - Apr 3, 2007 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -11.38% Jan 24, 2018 - Aug 7, 2018 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -11.20% Sep 13, 2021 - Nov 11, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ETO and SPY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
ETO vs SPY dividend yield comparison.
| Year | ETO | SPY |
|---|---|---|
| 2026 | 2.89% | 0.24% |
| 2025 | 6.85% | 1.07% |
| 2024 | 7.81% | 1.21% |
| 2023 | 6.97% | 1.40% |
| 2022 | 9.87% | 1.65% |
| 2021 | 5.82% | 1.20% |
| 2020 | 7.36% | 1.52% |
| 2019 | 8.32% | 1.75% |
| 2018 | 11.51% | 2.04% |
| 2017 | 8.50% | 1.80% |
| 2016 | 9.51% | 2.03% |
| 2015 | 9.29% | 2.06% |
| 2014 | 12.51% | 1.87% |
| 2013 | 8.49% | 1.81% |
| 2012 | 6.48% | 2.18% |
| 2011 | 7.55% | 2.05% |
| 2010 | 6.26% | 1.80% |
| 2009 | 6.62% | 1.95% |
| 2008 | 14.74% | 3.02% |
| 2007 | 5.66% | 1.85% |
| 2006 | 5.82% | 1.73% |
| 2005 | 6.16% | 1.73% |
| 2004 | 4.31% | 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% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks