EVV vs SPY

Comparison between Eaton Vance Ltd Duration Income Fund (EVV, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed EVV, delivering a return of +13.3% compared to +3.6%

EVV vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EVV(ETF)	SPY(ETF)
Net Assets	$1.20B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	60.34%	56.47%
Sharpe Ratio	0.13	2.07
5Y Beta	0.35	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	-6.12%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

EVV

$1.20B

Winner

SPY

$652B

Expense Ratio

EVV

N/A

SPY

0.09%

Max Drawdown

EVV

60.34%

Winner

SPY

56.47%

Sharpe Ratio

EVV

0.13

Winner

SPY

2.07

5Y Beta

Winner

EVV

0.35

SPY

1.00

P/E Ratio

EVV

N/A

SPY

28.24

Forward P/E

EVV

N/A

SPY

21.85

5Y Dividends CAGR

EVV

-6.12%

Winner

SPY

5.43%

5Y EPS CAGR

EVV

N/A

SPY

25.79%

Debt to Equity

EVV

N/A

SPY

22.35%

P/S Ratio

EVV

N/A

SPY

3.55

P/B Ratio

EVV

N/A

SPY

5.29

EVV vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	EVV	SPY
1 month	+0.85%	+9.11%
3 months	-2.46%	+6.59%
6 months	-1.57%	+10.56%
1 year	+4.24%	+32.04%
5 years(CAGR)	+3.63%	+13.35%
10 years(CAGR)	+5.84%	+15.49%
Max(CAGR)	+5.72%	+8.50%

EVV

+0.85%

Winner

SPY

+9.11%

EVV

-2.46%

Winner

SPY

+6.59%

EVV

-1.57%

Winner

SPY

+10.56%

EVV

+4.24%

Winner

SPY

+32.04%

5Y(CAGR)

EVV

+3.63%

Winner

SPY

+13.35%

10Y(CAGR)

EVV

+5.84%

Winner

SPY

+15.49%

Max(CAGR)

EVV

+5.72%

Winner

SPY

+8.50%

EVV vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EVV	SPY
2026	-1.74%	+8.27%
2025	+8.71%	+18.00%
2024	+11.65%	+25.59%
2023	+12.00%	+26.72%
2022	-20.21%	-18.64%
2021	+16.25%	+30.52%
2020	+4.58%	+17.28%
2019	+19.59%	+31.09%
2018	-6.08%	-5.24%
2017	+7.49%	+20.78%
2016	+19.31%	+13.59%
2015	-0.90%	+1.31%
2014	+0.40%	+14.56%
2013	-1.56%	+29.00%
2012	+16.71%	+14.17%
2011	+2.99%	+0.85%
2010	+17.11%	+13.14%
2009	+60.56%	+22.67%
2008	-27.67%	-36.25%
2007	-9.17%	+5.32%
2006	+19.36%	+13.85%
2005	-7.36%	+5.32%
2004	+10.84%	+10.75%
2003	-3.75%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

EVV vs SPY Drawdown Comparison

The maximum drawdown for EVV was -51.34%, occurring on Oct 10, 2008. Recovery took 590 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current EVV drawdown is -3.17%.

Rank	EVV	SPY
#1	-51.34% May 29, 2007 - Sep 29, 2009	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-40.40% Feb 20, 2020 - Dec 30, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-25.86% Dec 30, 2021 - Aug 9, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-16.39% May 21, 2013 - Jul 14, 2016	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-14.10% Jul 15, 2011 - Jan 27, 2012	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-11.99% Mar 8, 2005 - Jun 16, 2006	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-11.95% Oct 13, 2017 - Mar 5, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-10.01% Jun 11, 2003 - Jan 16, 2004	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-9.86% May 3, 2010 - Aug 3, 2010	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-9.79% Apr 1, 2004 - Aug 23, 2004	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-9.53% Feb 26, 2025 - Jun 11, 2025	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-8.65% Feb 13, 2026 - Mar 27, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-8.48% Nov 7, 2012 - Jan 11, 2013	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-7.57% Nov 8, 2010 - Apr 28, 2011	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-6.10% Aug 30, 2016 - Dec 6, 2016	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between EVV and SPY is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

EVV vs SPY dividend yield comparison.

Year	EVV	SPY
2026	3.05%	0.24%
2025	8.86%	1.07%
2024	9.78%	1.21%
2023	10.43%	1.40%
2022	12.78%	1.65%
2021	9.16%	1.20%
2020	9.58%	1.52%
2019	6.42%	1.75%
2018	8.44%	2.04%
2017	7.22%	1.80%
2016	8.46%	2.03%
2015	9.56%	2.06%
2014	8.64%	1.87%
2013	7.98%	1.81%
2012	7.51%	2.18%
2011	7.68%	2.05%
2010	8.66%	1.80%
2009	9.60%	1.95%
2008	13.30%	3.02%
2007	10.14%	1.85%
2006	8.45%	1.73%
2005	9.51%	1.73%
2004	8.57%	1.82%
2003	5.10%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%