ETO vs VGM

Comparison between Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO, ETF) and Invesco Trust for Investment Grade Municipals (VGM, ETF).

5-Year PerformanceETO has outperformed VGM, delivering a return of +8.6% compared to -0.2%

ETO vs VGM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETO(ETF)	VGM(ETF)
Net Assets	$561M	$562M
Max Drawdown	75.20%	56.97%
Sharpe Ratio	1.23	1.09
5Y Beta	0.84	0.21
5Y Dividends CAGR	5.67%	4.04%

Net Assets

ETO

$561M

Winner

VGM

$562M

Max Drawdown

ETO

75.20%

Winner

VGM

56.97%

Sharpe Ratio

Winner

ETO

1.23

VGM

1.09

5Y Beta

ETO

0.84

Winner

VGM

0.21

5Y Dividends CAGR

Winner

ETO

5.67%

VGM

4.04%

ETO vs VGM - Historical Returns

Returns include dividend reinvestment.

Period	ETO	VGM
1 month	+2.08%	-1.02%
3 months	+11.06%	+0.81%
6 months	+9.96%	+2.69%
1 year	+22.43%	+15.92%
5 years(CAGR)	+8.61%	-0.23%
10 years(CAGR)	+12.69%	+2.13%
Max(CAGR)	+10.53%	+5.28%

Winner

ETO

+2.08%

VGM

-1.02%

Winner

ETO

+11.06%

VGM

+0.81%

Winner

ETO

+9.96%

VGM

+2.69%

Winner

ETO

+22.43%

VGM

+15.92%

5Y(CAGR)

Winner

ETO

+8.61%

VGM

-0.23%

10Y(CAGR)

Winner

ETO

+12.69%

VGM

+2.13%

Max(CAGR)

Winner

ETO

+10.53%

VGM

+5.28%

ETO vs VGM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ETO	VGM
2026	+6.79%	+1.07%
2025	+30.49%	+10.26%
2024	+16.89%	+9.33%
2023	+21.38%	+4.12%
2022	-30.30%	-24.02%
2021	+38.76%	+11.38%
2020	+5.60%	+7.57%
2019	+48.13%	+15.89%
2018	-18.67%	-7.78%
2017	+33.20%	+9.59%
2016	+9.91%	+0.84%
2015	-3.13%	+6.74%
2014	+13.76%	+16.53%
2013	+30.52%	-16.11%
2012	+24.01%	+9.31%
2011	-12.34%	+21.70%
2010	+11.90%	+3.53%
2009	+40.57%	+55.64%
2008	-52.19%	-32.30%
2007	+19.59%	-6.33%
2006	+33.45%	+11.93%
2005	+31.87%	+4.42%
2004	+6.89%	+1.63%
2003	N/A	+7.57%
2002	N/A	+16.03%
2001	N/A	+8.58%
2000	N/A	+10.93%
1999	N/A	-6.34%

ETO vs VGM Drawdown Comparison

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

The maximum drawdown for VGM was -49.32%, occurring on Dec 16, 2008. Recovery took 581 trading sessions.

The current ETO drawdown is -1.38%. The current VGM drawdown is -5.29%.

Rank	ETO	VGM
#1	-71.95% Oct 31, 2007 - May 2, 2013	-49.32% May 16, 2007 - Sep 3, 2009
#2	-51.93% Feb 20, 2020 - Dec 16, 2020	-36.59% Sep 22, 2021 - Oct 25, 2023
#3	-35.40% Nov 11, 2021 - Dec 4, 2024	-24.75% Feb 11, 2020 - Nov 30, 2020
#4	-29.75% Aug 28, 2018 - Mar 21, 2019	-23.11% Jan 25, 2013 - Feb 2, 2015
#5	-24.20% Apr 22, 2015 - Aug 23, 2016	-17.26% Nov 5, 2010 - Sep 7, 2011
#6	-23.75% Jul 12, 2007 - Oct 5, 2007	-15.75% Mar 11, 2004 - Aug 25, 2005
#7	-18.24% Feb 20, 2025 - May 13, 2025	-15.16% Jul 8, 2016 - Jun 28, 2019
#8	-16.44% May 21, 2013 - Nov 15, 2013	-12.53% Nov 5, 1999 - Aug 21, 2000
#9	-15.27% Feb 25, 2026 - May 6, 2026	-10.76% Oct 6, 2009 - Mar 8, 2010
#10	-14.73% Jun 1, 2004 - Nov 16, 2004	-10.20% Jun 16, 2003 - Jan 14, 2004
#11	-13.96% Jul 23, 2014 - Nov 6, 2014	-9.87% Sep 30, 2002 - Apr 10, 2003
#12	-13.70% May 10, 2006 - Aug 9, 2006	-7.48% Feb 2, 2015 - Nov 23, 2015
#13	-11.74% Dec 29, 2006 - Apr 3, 2007	-7.01% Nov 13, 2001 - Jan 18, 2002
#14	-11.38% Jan 24, 2018 - Aug 7, 2018	-6.40% Sep 27, 2012 - Jan 25, 2013
#15	-11.20% Sep 13, 2021 - Nov 11, 2021	-6.33% Aug 21, 2000 - Dec 28, 2000

Correlation

Correlation between ETO and VGM is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2000 - 2026)

ETO vs VGM dividend yield comparison.

Year	ETO	VGM
2026	2.83%	3.16%
2025	6.85%	7.48%
2024	7.81%	6.35%
2023	6.97%	4.42%
2022	9.87%	5.67%
2021	5.82%	4.65%
2020	7.36%	4.65%
2019	8.32%	4.82%
2018	11.51%	5.97%
2017	8.50%	5.79%
2016	9.51%	6.50%
2015	9.29%	6.62%
2014	12.51%	6.64%
2013	8.49%	7.68%
2012	6.48%	6.91%
2011	7.55%	7.05%
2010	6.26%	7.91%
2009	6.62%	6.61%
2008	14.74%	9.50%
2007	5.66%	5.80%
2006	5.82%	5.33%
2005	6.16%	7.95%
2004	4.31%	6.67%
2003	0.00%	7.36%
2002	0.00%	8.71%
2001	0.00%	7.55%
2000	0.00%	2.67%