ETW vs FLHY
Comparison between Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW, ETF) and FRANKLIN HIGH YIELD CORPORATE ETF (FLHY, ETF).
5-Year PerformanceETW has outperformed FLHY, delivering a return of +6.1% compared to +4.6%
ETW vs FLHY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ETW vs FLHY - Historical Returns
Returns include dividend reinvestment.
ETW vs FLHY - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | ETW | FLHY |
|---|---|---|
| 2026 | +5.73% | +2.00% |
| 2025 | +20.06% | +9.08% |
| 2024 | +19.65% | +8.69% |
| 2023 | +8.79% | +13.35% |
| 2022 | -23.44% | -10.35% |
| 2021 | +28.00% | +4.62% |
| 2020 | +3.30% | +7.41% |
| 2019 | +16.80% | +16.64% |
| 2018 | -12.76% | -1.32% |
| 2017 | +28.77% | N/A |
| 2016 | +1.80% | N/A |
| 2015 | +11.06% | N/A |
| 2014 | +0.99% | N/A |
| 2013 | +21.90% | N/A |
| 2012 | +14.27% | N/A |
| 2011 | -6.94% | N/A |
| 2010 | -0.16% | N/A |
| 2009 | +51.32% | N/A |
| 2008 | -33.62% | N/A |
| 2007 | -3.82% | N/A |
| 2006 | +26.31% | N/A |
| 2005 | -4.12% | N/A |
ETW vs FLHY Drawdown Comparison
The maximum drawdown for ETW was -54.20%, occurring on Nov 20, 2008. Recovery took 618 trading sessions.
The maximum drawdown for FLHY was -22.58%, occurring on Mar 23, 2020. Recovery took 116 trading sessions.
The current ETW drawdown is -1.62%. The current FLHY drawdown is -0.19%.
| Rank | ETW | FLHY |
|---|---|---|
| #1 | -54.20% Jul 3, 2007 - Dec 14, 2009 | -22.58% Feb 12, 2020 - Jul 29, 2020 |
| #2 | -47.92% Aug 20, 2018 - Jan 7, 2021 | -15.19% Dec 27, 2021 - Dec 13, 2023 |
| #3 | -27.91% Dec 29, 2021 - Nov 7, 2024 | -5.44% Sep 28, 2018 - Jan 18, 2019 |
| #4 | -20.10% Jul 7, 2011 - Mar 1, 2012 | -4.50% Mar 3, 2025 - May 12, 2025 |
| #5 | -20.04% Oct 23, 2015 - Aug 15, 2016 | -2.48% Sep 15, 2021 - Dec 22, 2021 |
| #6 | -19.75% Dec 21, 2009 - Apr 27, 2011 | -2.46% Sep 2, 2020 - Oct 7, 2020 |
| #7 | -16.29% Feb 18, 2025 - Jun 10, 2025 | -2.43% Feb 18, 2026 - Apr 9, 2026 |
| #8 | -12.92% Jul 24, 2014 - Apr 28, 2015 | -2.42% Feb 12, 2021 - May 3, 2021 |
| #9 | -11.89% Aug 5, 2015 - Oct 23, 2015 | -1.75% Mar 27, 2024 - May 3, 2024 |
| #10 | -10.60% Mar 1, 2012 - Aug 9, 2012 | -1.61% Oct 12, 2020 - Nov 5, 2020 |
| #11 | -10.17% Feb 25, 2026 - Apr 14, 2026 | -1.60% Apr 30, 2019 - Jun 11, 2019 |
| #12 | -8.68% Oct 17, 2012 - Jan 4, 2013 | -1.55% Dec 4, 2024 - Jan 21, 2025 |
| #13 | -8.49% Jan 25, 2018 - Jun 20, 2018 | -1.52% Dec 27, 2023 - Jan 29, 2024 |
| #14 | -7.33% Dec 16, 2005 - Jan 6, 2006 | -1.42% Jul 3, 2019 - Aug 27, 2019 |
| #15 | -6.86% May 21, 2013 - Jul 15, 2013 | -1.40% Jan 16, 2020 - Feb 11, 2020 |
Correlation
Correlation between ETW and FLHY is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2005 - 2026)
ETW vs FLHY dividend yield comparison.
| Year | ETW | FLHY |
|---|---|---|
| 2026 | 4.27% | 2.63% |
| 2025 | 8.64% | 6.53% |
| 2024 | 9.17% | 6.51% |
| 2023 | 8.99% | 6.26% |
| 2022 | 10.87% | 6.54% |
| 2021 | 7.80% | 5.76% |
| 2020 | 9.01% | 5.47% |
| 2019 | 8.41% | 5.61% |
| 2018 | 11.46% | 4.27% |
| 2017 | 9.27% | 0.00% |
| 2016 | 11.59% | 0.00% |
| 2015 | 10.40% | 0.00% |
| 2014 | 10.60% | 0.00% |
| 2013 | 9.65% | 0.00% |
| 2012 | 10.93% | 0.00% |
| 2011 | 11.77% | 0.00% |
| 2010 | 12.02% | 0.00% |
| 2009 | 12.96% | 0.00% |
| 2008 | 17.79% | 0.00% |
| 2007 | 10.37% | 0.00% |
| 2006 | 8.86% | 0.00% |
| 2005 | 2.62% | 0.00% |
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