ETV vs TLTW
Comparison between Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV, ETF) and ISHARES 20+ YEAR TREASURY BOND BUYWRITE STRATEGY ETF (TLTW, ETF).
ETV vs TLTW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ETV vs TLTW - Historical Returns
Returns include dividend reinvestment.
ETV vs TLTW - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | ETV | TLTW |
|---|---|---|
| 2026 | +7.46% | +2.45% |
| 2025 | +10.14% | +11.03% |
| 2024 | +28.92% | -1.97% |
| 2023 | +11.04% | -0.97% |
| 2022 | -19.98% | -11.09% |
| 2021 | +21.10% | N/A |
| 2020 | +13.24% | N/A |
| 2019 | +19.82% | N/A |
| 2018 | -3.86% | N/A |
| 2017 | +12.05% | N/A |
| 2016 | +7.52% | N/A |
| 2015 | +17.42% | N/A |
| 2014 | +11.18% | N/A |
| 2013 | +21.15% | N/A |
| 2012 | +17.76% | N/A |
| 2011 | -0.90% | N/A |
| 2010 | -2.14% | N/A |
| 2009 | +57.70% | N/A |
| 2008 | -31.26% | N/A |
| 2007 | -6.47% | N/A |
| 2006 | +23.95% | N/A |
| 2005 | -6.68% | N/A |
ETV vs TLTW Drawdown Comparison
The maximum drawdown for ETV was -52.10%, occurring on Nov 20, 2008. Recovery took 567 trading sessions.
The maximum drawdown for TLTW was -18.58%, occurring on Oct 19, 2023. Recovery took 870 trading sessions.
The current ETV drawdown is -0.94%. The current TLTW drawdown is -2.10%.
| Rank | ETV | TLTW |
|---|---|---|
| #1 | -52.10% Jun 19, 2007 - Sep 17, 2009 | -18.58% Aug 26, 2022 - Feb 17, 2026 |
| #2 | -42.31% Jan 17, 2020 - Aug 12, 2020 | -5.97% Feb 27, 2026 - May 19, 2026 |
| #3 | -22.68% Dec 27, 2021 - Jun 27, 2024 | -0.98% Aug 22, 2022 - Aug 25, 2022 |
| #4 | -21.35% Oct 1, 2018 - Apr 16, 2019 | -0.21% Feb 19, 2026 - Feb 23, 2026 |
| #5 | -20.28% Feb 18, 2025 - Aug 12, 2025 | -0.13% Feb 17, 2026 - Feb 19, 2026 |
| #6 | -19.72% Dec 22, 2009 - Jan 20, 2012 | N/A |
| #7 | -13.67% Sep 18, 2014 - Dec 2, 2014 | N/A |
| #8 | -13.30% Dec 29, 2015 - Apr 18, 2016 | N/A |
| #9 | -12.88% Aug 19, 2015 - Oct 23, 2015 | N/A |
| #10 | -11.95% Jul 15, 2005 - Jul 31, 2006 | N/A |
| #11 | -10.85% Apr 23, 2019 - Jul 12, 2019 | N/A |
| #12 | -10.34% Feb 26, 2026 - Apr 30, 2026 | N/A |
| #13 | -10.21% Sep 2, 2020 - Nov 19, 2020 | N/A |
| #14 | -10.21% Oct 8, 2012 - Jan 4, 2013 | N/A |
| #15 | -8.55% Sep 17, 2009 - Nov 25, 2009 | N/A |
Correlation
Correlation between ETV and TLTW is 0.45 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
Dividend Comparison (2005 - 2026)
ETV vs TLTW dividend yield comparison.
| Year | ETV | TLTW |
|---|---|---|
| 2026 | 4.03% | 4.17% |
| 2025 | 8.30% | 14.82% |
| 2024 | 8.18% | 14.47% |
| 2023 | 9.24% | 19.59% |
| 2022 | 10.57% | 8.71% |
| 2021 | 7.94% | 0.00% |
| 2020 | 8.66% | 0.00% |
| 2019 | 8.89% | 0.00% |
| 2018 | 9.86% | 0.00% |
| 2017 | 8.65% | 0.00% |
| 2016 | 8.96% | 0.00% |
| 2015 | 8.69% | 0.00% |
| 2014 | 9.46% | 0.00% |
| 2013 | 9.49% | 0.00% |
| 2012 | 10.63% | 0.00% |
| 2011 | 11.34% | 0.00% |
| 2010 | 11.71% | 0.00% |
| 2009 | 12.62% | 0.00% |
| 2008 | 18.63% | 0.00% |
| 2007 | 11.21% | 0.00% |
| 2006 | 9.33% | 0.00% |
| 2005 | 5.35% | 0.00% |
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