ETY vs IPAC

Comparison between Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF) and ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF).

5-Year PerformanceIPAC has outperformed ETY, delivering a return of +9.0% compared to +8.8%

ETY vs IPAC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETY(ETF)	IPAC(ETF)
Net Assets	$2.50B	$2.60B
Expense Ratio	N/A	0.09%
Max Drawdown	64.57%	35.11%
Sharpe Ratio	-0.18	1.27
5Y Beta	0.92	0.82
5Y Dividends CAGR	4.98%	16.42%

Net Assets

ETY

$2.50B

Winner

IPAC

$2.60B

Expense Ratio

ETY

N/A

IPAC

0.09%

Max Drawdown

ETY

64.57%

Winner

IPAC

35.11%

Sharpe Ratio

ETY

-0.18

Winner

IPAC

1.27

5Y Beta

ETY

0.92

Winner

IPAC

0.82

5Y Dividends CAGR

ETY

4.98%

Winner

IPAC

16.42%

ETY vs IPAC - Historical Returns

Returns include dividend reinvestment.

Period	ETY	IPAC
1 month	+1.37%	+4.84%
3 months	+0.47%	+6.35%
6 months	+1.39%	+8.74%
1 year	+0.74%	+27.24%
5 years(CAGR)	+8.81%	+9.02%
10 years(CAGR)	+12.31%	+9.09%
Max(CAGR)	+8.58%	+7.65%

ETY

+1.37%

Winner

IPAC

+4.84%

ETY

+0.47%

Winner

IPAC

+6.35%

ETY

+1.39%

Winner

IPAC

+8.74%

ETY

+0.74%

Winner

IPAC

+27.24%

5Y(CAGR)

ETY

+8.81%

Winner

IPAC

+9.02%

10Y(CAGR)

Winner

ETY

+12.31%

IPAC

+9.09%

Max(CAGR)

Winner

ETY

+8.58%

IPAC

+7.65%

ETY vs IPAC - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	ETY	IPAC
2026	+0.52%	+17.71%
2025	+11.01%	+25.63%
2024	+35.10%	+7.18%
2023	+21.52%	+14.24%
2022	-20.72%	-13.68%
2021	+34.82%	+3.83%
2020	+6.29%	+11.23%
2019	+31.23%	+18.82%
2018	-10.18%	-13.52%
2017	+29.36%	+24.89%
2016	+4.62%	+6.70%
2015	+9.12%	+3.73%
2014	+12.87%	-5.19%
2013	+25.11%	N/A
2012	+16.30%	N/A
2011	-13.08%	N/A
2010	-2.81%	N/A
2009	+36.46%	N/A
2008	-25.83%	N/A
2007	-8.21%	N/A
2006	+0.25%	N/A

ETY vs IPAC Drawdown Comparison

The maximum drawdown for ETY was -52.91%, occurring on Nov 20, 2008. Recovery took 1419 trading sessions.

The maximum drawdown for IPAC was -30.99%, occurring on Mar 23, 2020. Recovery took 702 trading sessions.

The current ETY drawdown is -2.07%.

Rank	ETY	IPAC
#1	-52.91% Jun 1, 2007 - Jan 18, 2013	-30.99% Jan 26, 2018 - Nov 9, 2020
#2	-42.40% Feb 12, 2020 - Nov 17, 2020	-29.61% Sep 13, 2021 - Jul 12, 2024
#3	-24.43% Sep 13, 2018 - Jun 20, 2019	-22.39% Apr 28, 2015 - Feb 10, 2017
#4	-24.03% Dec 31, 2021 - Feb 5, 2024	-15.45% Sep 26, 2024 - May 12, 2025
#5	-21.28% Feb 19, 2025 - Jun 25, 2025	-11.49% Feb 11, 2026 - Jun 16, 2026
#6	-14.39% Sep 22, 2025 - Mar 30, 2026	-11.16% Jul 30, 2014 - Mar 18, 2015
#7	-13.90% Nov 3, 2015 - Aug 5, 2016	-9.95% Jul 16, 2024 - Aug 23, 2024
#8	-12.52% Sep 3, 2014 - Nov 5, 2014	-5.42% Oct 28, 2025 - Dec 15, 2025
#9	-11.93% Jul 20, 2015 - Nov 3, 2015	-5.17% Feb 16, 2021 - Jun 7, 2021
#10	-8.97% Jan 26, 2018 - May 8, 2018	-4.99% Oct 6, 2025 - Oct 27, 2025
#11	-8.63% Sep 8, 2016 - Jan 26, 2017	-4.52% Jun 7, 2021 - Sep 3, 2021
#12	-8.09% May 21, 2013 - Jul 15, 2013	-4.12% Aug 30, 2024 - Sep 19, 2024
#13	-7.21% Jul 10, 2024 - Aug 30, 2024	-3.97% Jun 22, 2026 - Aug 4, 2026
#14	-6.77% Nov 28, 2014 - Feb 27, 2015	-3.84% Jan 20, 2021 - Feb 8, 2021
#15	-6.17% Jan 22, 2014 - Feb 18, 2014	-3.06% Jul 23, 2025 - Aug 7, 2025

Correlation

Correlation between ETY and IPAC is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2007 - 2026)

ETY vs IPAC dividend yield comparison.

Year	ETY	IPAC
2026	4.74%	1.02%
2025	7.76%	4.32%
2024	7.59%	3.43%
2023	7.92%	3.16%
2022	10.04%	2.76%
2021	7.01%	4.03%
2020	8.26%	1.68%
2019	8.08%	3.37%
2018	9.92%	2.95%
2017	8.30%	2.98%
2016	9.77%	2.66%
2015	9.03%	2.60%
2014	9.06%	0.96%
2013	9.26%	0.00%
2012	11.19%	0.00%
2011	13.06%	0.00%
2010	14.35%	0.00%
2009	14.09%	0.00%
2008	17.11%	0.00%
2007	11.13%	0.00%