ETW vs PTNQ

Comparison between Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW, ETF) and PACER TRENDPILOT 100 ETF (PTNQ, ETF).

5-Year PerformancePTNQ has outperformed ETW, delivering a return of +10.9% compared to +6.4%

ETW vs PTNQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETW(ETF)	PTNQ(ETF)
Net Assets	$1.10B	$1.10B
Expense Ratio	N/A	0.65%
Max Drawdown	72.81%	28.07%
Sharpe Ratio	1.65	1.46
5Y Beta	0.79	0.61
P/E Ratio	N/A	36.55
Forward P/E	N/A	24.29
PEG Ratio	N/A	0.45
5Y Dividends CAGR	-0.21%	52.84%
5Y EPS CAGR	N/A	30.70%
Debt to Equity	N/A	35.81%
P/S Ratio	N/A	5.64
P/B Ratio	N/A	8.85

Net Assets

ETW

$1.10B

PTNQ

$1.10B

Expense Ratio

ETW

N/A

PTNQ

0.65%

Max Drawdown

ETW

72.81%

Winner

PTNQ

28.07%

Sharpe Ratio

Winner

ETW

1.65

PTNQ

1.46

5Y Beta

ETW

0.79

Winner

PTNQ

0.61

P/E Ratio

ETW

N/A

PTNQ

36.55

Forward P/E

ETW

N/A

PTNQ

24.29

PEG Ratio

ETW

N/A

PTNQ

0.45

5Y Dividends CAGR

ETW

-0.21%

Winner

PTNQ

52.84%

5Y EPS CAGR

ETW

N/A

PTNQ

30.70%

Debt to Equity

ETW

N/A

PTNQ

35.81%

P/S Ratio

ETW

N/A

PTNQ

5.64

P/B Ratio

ETW

N/A

PTNQ

8.85

ETW vs PTNQ - Historical Returns

Returns include dividend reinvestment.

Period	ETW	PTNQ
1 month	+4.24%	+14.61%
3 months	+1.20%	+8.90%
6 months	+9.64%	+9.80%
1 year	+24.89%	+28.36%
5 years(CAGR)	+6.45%	+10.86%
10 years(CAGR)	+8.84%	+15.70%
Max(CAGR)	+7.26%	+12.74%

ETW

+4.24%

Winner

PTNQ

+14.61%

ETW

+1.20%

Winner

PTNQ

+8.90%

ETW

+9.64%

Winner

PTNQ

+9.80%

ETW

+24.89%

Winner

PTNQ

+28.36%

5Y(CAGR)

ETW

+6.45%

Winner

PTNQ

+10.86%

10Y(CAGR)

ETW

+8.84%

Winner

PTNQ

+15.70%

Max(CAGR)

ETW

+7.26%

Winner

PTNQ

+12.74%

ETW vs PTNQ - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETW	PTNQ
2026	+5.47%	+9.13%
2025	+20.06%	+7.27%
2024	+19.65%	+16.30%
2023	+8.79%	+35.50%
2022	-23.44%	-16.59%
2021	+28.00%	+14.46%
2020	+3.30%	+27.22%
2019	+16.80%	+23.91%
2018	-12.76%	+6.81%
2017	+28.77%	+31.40%
2016	+1.80%	-1.66%
2015	+11.06%	-3.30%
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 PTNQ Drawdown Comparison

The maximum drawdown for ETW was -54.20%, occurring on Nov 20, 2008. Recovery took 618 trading sessions.

The maximum drawdown for PTNQ was -28.07%, occurring on Mar 16, 2020. Recovery took 98 trading sessions.

The current ETW drawdown is -0.63%.

Rank	ETW	PTNQ
#1	-54.20% Jul 3, 2007 - Dec 14, 2009	-28.07% Feb 19, 2020 - Jul 9, 2020
#2	-47.92% Aug 20, 2018 - Jan 7, 2021	-24.01% Jul 21, 2015 - Apr 24, 2017
#3	-27.91% Dec 29, 2021 - Nov 7, 2024	-18.47% Nov 19, 2021 - May 26, 2023
#4	-20.10% Jul 7, 2011 - Mar 1, 2012	-14.19% Feb 19, 2025 - Sep 18, 2025
#5	-20.04% Oct 23, 2015 - Aug 15, 2016	-12.95% Sep 2, 2020 - Jan 8, 2021
#6	-19.75% Dec 21, 2009 - Apr 27, 2011	-12.31% Aug 29, 2018 - Apr 23, 2019
#7	-16.29% Feb 18, 2025 - Jun 10, 2025	-11.76% Oct 29, 2025 - May 5, 2026
#8	-12.92% Jul 24, 2014 - Apr 28, 2015	-10.83% May 3, 2019 - Jul 3, 2019
#9	-11.89% Aug 5, 2015 - Oct 23, 2015	-10.58% Mar 12, 2018 - Jun 4, 2018
#10	-10.60% Mar 1, 2012 - Aug 9, 2012	-9.98% Jan 26, 2018 - Mar 9, 2018
#11	-10.17% Feb 25, 2026 - Apr 14, 2026	-7.59% Jul 26, 2019 - Oct 25, 2019
#12	-8.68% Oct 17, 2012 - Jan 4, 2013	-7.55% Jul 10, 2024 - Oct 29, 2024
#13	-8.49% Jan 25, 2018 - Jun 20, 2018	-6.01% Feb 12, 2021 - Apr 9, 2021
#14	-7.33% Dec 16, 2005 - Jan 6, 2006	-5.07% Jul 19, 2023 - Nov 14, 2023
#15	-6.86% May 21, 2013 - Jul 15, 2013	-4.82% Jun 8, 2017 - Jul 19, 2017

Correlation

Correlation between ETW and PTNQ is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2005 - 2026)

ETW vs PTNQ dividend yield comparison.

Year	ETW	PTNQ
2026	2.81%	0.00%
2025	8.64%	0.88%
2024	9.17%	1.96%
2023	8.99%	1.47%
2022	10.87%	0.62%
2021	7.80%	0.00%
2020	9.01%	0.16%
2019	8.41%	0.44%
2018	11.46%	0.45%
2017	9.27%	0.32%
2016	11.59%	0.30%
2015	10.40%	0.22%
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%