ETY vs XSMO

Comparison between Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF) and INVESCO S&P SMALLCAP MOMENTUM ETF (XSMO, ETF).

5-Year PerformanceXSMO has outperformed ETY, delivering a return of +12.2% compared to +10.7%

ETY vs XSMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETY(ETF)	XSMO(ETF)
Net Assets	$2.30B	$2.30B
Expense Ratio	N/A	0.36%
Max Drawdown	64.57%	58.06%
Sharpe Ratio	0.84	1.65
5Y Beta	0.94	1.06
P/E Ratio	N/A	33.54
Forward P/E	N/A	19.61
5Y Dividends CAGR	4.98%	8.36%
5Y EPS CAGR	N/A	23.25%
P/S Ratio	N/A	1.16
P/B Ratio	N/A	2.83

Net Assets

ETY

$2.30B

XSMO

$2.30B

Expense Ratio

ETY

N/A

XSMO

0.36%

Max Drawdown

ETY

64.57%

Winner

XSMO

58.06%

Sharpe Ratio

ETY

0.84

Winner

XSMO

1.65

5Y Beta

Winner

ETY

0.94

XSMO

1.06

P/E Ratio

ETY

N/A

XSMO

33.54

Forward P/E

ETY

N/A

XSMO

19.61

5Y Dividends CAGR

ETY

4.98%

Winner

XSMO

8.36%

5Y EPS CAGR

ETY

N/A

XSMO

23.25%

P/S Ratio

ETY

N/A

XSMO

1.16

P/B Ratio

ETY

N/A

XSMO

2.83

ETY vs XSMO - Historical Returns

Returns include dividend reinvestment.

Period	ETY	XSMO
1 month	+6.58%	+7.19%
3 months	+1.80%	+8.10%
6 months	+0.85%	+21.77%
1 year	+13.62%	+37.32%
5 years(CAGR)	+10.72%	+12.25%
10 years(CAGR)	+13.00%	+15.06%
Max(CAGR)	+8.72%	+9.21%

ETY

+6.58%

Winner

XSMO

+7.19%

ETY

+1.80%

Winner

XSMO

+8.10%

ETY

+0.85%

Winner

XSMO

+21.77%

ETY

+13.62%

Winner

XSMO

+37.32%

5Y(CAGR)

ETY

+10.72%

Winner

XSMO

+12.25%

10Y(CAGR)

ETY

+13.00%

Winner

XSMO

+15.06%

Max(CAGR)

ETY

+8.72%

Winner

XSMO

+9.21%

ETY vs XSMO - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ETY	XSMO
2026	+0.85%	+19.81%
2025	+11.01%	+9.64%
2024	+35.10%	+18.82%
2023	+21.52%	+23.37%
2022	-20.72%	-16.09%
2021	+34.82%	+19.52%
2020	+6.29%	+22.10%
2019	+31.23%	+28.40%
2018	-10.18%	-3.68%
2017	+29.36%	+23.53%
2016	+4.62%	+10.82%
2015	+9.12%	+1.08%
2014	+12.87%	+7.32%
2013	+25.11%	+29.71%
2012	+16.30%	+12.85%
2011	-13.08%	-2.88%
2010	-2.81%	+24.08%
2009	+36.46%	+16.24%
2008	-25.83%	-37.12%
2007	-8.21%	-1.08%
2006	+0.25%	+4.67%
2005	N/A	+10.69%

ETY vs XSMO Drawdown Comparison

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

The maximum drawdown for XSMO was -58.06%, occurring on Mar 9, 2009. Recovery took 1389 trading sessions.

The current ETY drawdown is -1.75%. The current XSMO drawdown is -1.28%.

Rank	ETY	XSMO
#1	-52.91% Jun 1, 2007 - Jan 18, 2013	-58.06% Jul 19, 2007 - Jan 24, 2013
#2	-42.40% Feb 12, 2020 - Nov 17, 2020	-39.38% Feb 13, 2020 - Sep 2, 2020
#3	-24.43% Sep 13, 2018 - Jun 20, 2019	-29.63% Nov 9, 2021 - Mar 21, 2024
#4	-24.03% Dec 31, 2021 - Feb 5, 2024	-29.47% Aug 31, 2018 - Jan 16, 2020
#5	-21.28% Feb 19, 2025 - Jun 25, 2025	-29.30% Jun 23, 2015 - Feb 15, 2017
#6	-14.39% Sep 22, 2025 - Mar 30, 2026	-24.77% Nov 25, 2024 - Sep 4, 2025
#7	-13.90% Nov 3, 2015 - Aug 5, 2016	-20.97% May 5, 2006 - Jul 12, 2007
#8	-12.52% Sep 3, 2014 - Nov 5, 2014	-15.22% Feb 12, 2021 - Jun 8, 2021
#9	-11.93% Jul 20, 2015 - Nov 3, 2015	-12.39% Jul 1, 2014 - Feb 13, 2015
#10	-8.97% Jan 26, 2018 - May 8, 2018	-10.72% Jun 8, 2021 - Oct 25, 2021
#11	-8.63% Sep 8, 2016 - Jan 26, 2017	-10.31% Jul 31, 2024 - Oct 14, 2024
#12	-8.09% May 21, 2013 - Jul 15, 2013	-9.43% Mar 7, 2005 - Jun 6, 2005
#13	-7.21% Jul 10, 2024 - Aug 30, 2024	-8.94% Jan 26, 2018 - Mar 7, 2018
#14	-6.77% Nov 28, 2014 - Feb 27, 2015	-8.89% Feb 9, 2026 - Apr 8, 2026
#15	-6.17% Jan 22, 2014 - Feb 18, 2014	-8.41% Oct 15, 2020 - Nov 5, 2020

Correlation

Correlation between ETY and XSMO is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2007 - 2026)

ETY vs XSMO dividend yield comparison.

Year	ETY	XSMO
2026	2.65%	0.14%
2025	7.76%	0.75%
2024	7.59%	0.63%
2023	7.92%	0.96%
2022	10.04%	1.19%
2021	7.01%	0.30%
2020	8.26%	0.82%
2019	8.08%	0.69%
2018	9.92%	0.66%
2017	8.30%	0.27%
2016	9.77%	0.30%
2015	9.03%	0.35%
2014	9.06%	1.31%
2013	9.26%	0.91%
2012	11.19%	0.70%
2011	13.06%	0.00%
2010	14.35%	0.00%
2009	14.09%	0.69%
2008	17.11%	0.00%
2007	11.13%	0.00%