ETY vs TDTT

Comparison between Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF) and FLEXSHARES IBOXX 3-YEAR TARGET DURATION TIPS INDEX FUND (TDTT, ETF).

5-Year PerformanceETY has outperformed TDTT, delivering a return of +8.8% compared to +2.7%

ETY vs TDTT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETY(ETF)	TDTT(ETF)
Net Assets	$2.50B	$2.60B
Expense Ratio	N/A	0.18%
Max Drawdown	64.57%	14.05%
Sharpe Ratio	-0.16	-0.30
5Y Beta	0.93	-0.00
5Y Dividends CAGR	4.98%	14.25%

Net Assets

ETY

$2.50B

Winner

TDTT

$2.60B

Expense Ratio

ETY

N/A

TDTT

0.18%

Max Drawdown

ETY

64.57%

Winner

TDTT

14.05%

Sharpe Ratio

Winner

ETY

-0.16

TDTT

-0.30

5Y Beta

ETY

0.93

Winner

TDTT

-0.00

5Y Dividends CAGR

ETY

4.98%

Winner

TDTT

14.25%

ETY vs TDTT - Historical Returns

Returns include dividend reinvestment.

Period	ETY	TDTT
1 month	+0.21%	-0.22%
3 months	+1.98%	+0.04%
6 months	-1.87%	+1.24%
1 year	+0.33%	+3.15%
5 years(CAGR)	+8.83%	+2.67%
10 years(CAGR)	+12.38%	+3.01%
Max(CAGR)	+8.54%	+2.17%

Winner

ETY

+0.21%

TDTT

-0.22%

Winner

ETY

+1.98%

TDTT

+0.04%

ETY

-1.87%

Winner

TDTT

+1.24%

ETY

+0.33%

Winner

TDTT

+3.15%

5Y(CAGR)

Winner

ETY

+8.83%

TDTT

+2.67%

10Y(CAGR)

Winner

ETY

+12.38%

TDTT

+3.01%

Max(CAGR)

Winner

ETY

+8.54%

TDTT

+2.17%

ETY vs TDTT - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	ETY	TDTT
2026	-0.78%	+1.45%
2025	+11.01%	+6.49%
2024	+35.10%	+4.00%
2023	+21.52%	+4.36%
2022	-20.72%	-4.64%
2021	+34.82%	+5.33%
2020	+6.29%	+6.71%
2019	+31.23%	+5.65%
2018	-10.18%	+0.21%
2017	+29.36%	+0.35%
2016	+4.62%	+2.76%
2015	+9.12%	-0.62%
2014	+12.87%	-1.92%
2013	+25.11%	-2.01%
2012	+16.30%	+2.81%
2011	-13.08%	+0.60%
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 TDTT Drawdown Comparison

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

The maximum drawdown for TDTT was -6.95%, occurring on Sep 27, 2022. Recovery took 570 trading sessions.

The current ETY drawdown is -3.33%. The current TDTT drawdown is -0.53%.

Rank	ETY	TDTT
#1	-52.91% Jun 1, 2007 - Jan 18, 2013	-6.95% Mar 11, 2022 - Jun 18, 2024
#2	-42.40% Feb 12, 2020 - Nov 17, 2020	-6.62% Mar 3, 2020 - Jun 1, 2020
#3	-24.43% Sep 13, 2018 - Jun 20, 2019	-4.75% Sep 14, 2012 - Feb 22, 2019
#4	-24.03% Dec 31, 2021 - Feb 5, 2024	-2.59% Nov 17, 2021 - Mar 1, 2022
#5	-21.28% Feb 19, 2025 - Jun 25, 2025	-1.53% Sep 24, 2024 - Feb 3, 2025
#6	-14.39% Sep 22, 2025 - Mar 30, 2026	-1.51% Sep 28, 2011 - Oct 31, 2011
#7	-13.90% Nov 3, 2015 - Aug 5, 2016	-1.43% Nov 2, 2011 - Jan 26, 2012
#8	-12.52% Sep 3, 2014 - Nov 5, 2014	-1.42% Mar 16, 2012 - Aug 6, 2012
#9	-11.93% Jul 20, 2015 - Nov 3, 2015	-1.40% Apr 3, 2025 - Apr 28, 2025
#10	-8.97% Jan 26, 2018 - May 8, 2018	-1.16% Apr 30, 2025 - Jun 26, 2025
#11	-8.63% Sep 8, 2016 - Jan 26, 2017	-1.09% Aug 28, 2019 - Dec 13, 2019
#12	-8.09% May 21, 2013 - Jul 15, 2013	-0.97% May 13, 2026 - Jun 17, 2026
#13	-7.21% Jul 10, 2024 - Aug 30, 2024	-0.97% May 17, 2021 - Jul 12, 2021
#14	-6.77% Nov 28, 2014 - Feb 27, 2015	-0.90% Mar 17, 2026 - Apr 13, 2026
#15	-6.17% Jan 22, 2014 - Feb 18, 2014	-0.90% Aug 6, 2012 - Sep 13, 2012

Correlation

Correlation between ETY and TDTT is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2007 - 2026)

ETY vs TDTT dividend yield comparison.

Year	ETY	TDTT
2026	4.09%	2.93%
2025	7.76%	4.52%
2024	7.59%	4.01%
2023	7.92%	3.88%
2022	10.04%	6.97%
2021	7.01%	4.53%
2020	8.26%	1.15%
2019	8.08%	1.91%
2018	9.92%	2.48%
2017	8.30%	1.88%
2016	9.77%	1.01%
2015	9.03%	0.00%
2014	9.06%	0.85%
2013	9.26%	0.19%
2012	11.19%	0.95%
2011	13.06%	0.27%
2010	14.35%	0.00%
2009	14.09%	0.00%
2008	17.11%	0.00%
2007	11.13%	0.00%