IAT vs ETJ

Comparison between ISHARES U.S. REGIONAL BANKS ETF (IAT, ETF) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF).

5-Year PerformanceETJ has outperformed IAT, delivering a return of +3.0% compared to +2.2%

IAT vs ETJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAT(ETF)	ETJ(ETF)
Net Assets	$625M	$626M
Expense Ratio	0.38%	N/A
Max Drawdown	78.80%	67.20%
Sharpe Ratio	1.11	-0.02
5Y Beta	1.01	0.68
P/E Ratio	12.33	N/A
Forward P/E	11.13	N/A
PEG Ratio	0.39	N/A
5Y Dividends CAGR	7.63%	-1.48%
5Y EPS CAGR	6.81%	N/A
Debt to Equity	54.03%	N/A
P/S Ratio	3.61	N/A
P/B Ratio	1.27	N/A

Net Assets

IAT

$625M

Winner

ETJ

$626M

Expense Ratio

IAT

0.38%

ETJ

N/A

Max Drawdown

IAT

78.80%

Winner

ETJ

67.20%

Sharpe Ratio

Winner

IAT

1.11

ETJ

-0.02

5Y Beta

IAT

1.01

Winner

ETJ

0.68

P/E Ratio

IAT

12.33

ETJ

N/A

Forward P/E

IAT

11.13

ETJ

N/A

PEG Ratio

IAT

0.39

ETJ

N/A

5Y Dividends CAGR

Winner

IAT

7.63%

ETJ

-1.48%

5Y EPS CAGR

IAT

6.81%

ETJ

N/A

Debt to Equity

IAT

54.03%

ETJ

N/A

P/S Ratio

IAT

3.61

ETJ

N/A

P/B Ratio

IAT

1.27

ETJ

N/A

IAT vs ETJ - Historical Returns

Returns include dividend reinvestment.

Period	IAT	ETJ
1 month	+1.03%	-1.11%
3 months	+5.67%	-2.00%
6 months	+10.95%	-1.26%
1 year	+29.39%	+3.27%
5 years(CAGR)	+2.18%	+3.01%
10 years(CAGR)	+8.25%	+8.07%
Max(CAGR)	+3.34%	+5.33%

Winner

IAT

+1.03%

ETJ

-1.11%

Winner

IAT

+5.67%

ETJ

-2.00%

Winner

IAT

+10.95%

ETJ

-1.26%

Winner

IAT

+29.39%

ETJ

+3.27%

5Y(CAGR)

IAT

+2.18%

Winner

ETJ

+3.01%

10Y(CAGR)

Winner

IAT

+8.25%

ETJ

+8.07%

Max(CAGR)

IAT

+3.34%

Winner

ETJ

+5.33%

IAT vs ETJ - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	IAT	ETJ
2026	+5.65%	-1.67%
2025	+13.83%	+4.37%
2024	+23.07%	+30.50%
2023	-8.57%	+14.46%
2022	-22.25%	-23.01%
2021	+39.74%	+15.18%
2020	-7.86%	+22.42%
2019	+29.03%	+26.64%
2018	-17.78%	-8.47%
2017	+10.25%	+18.00%
2016	+35.82%	+0.02%
2015	+2.41%	+4.14%
2014	+8.94%	+4.34%
2013	+33.18%	+17.40%
2012	+15.22%	+9.78%
2011	-13.91%	-13.13%
2010	+18.93%	-11.37%
2009	-11.04%	+3.45%
2008	-31.81%	+6.37%
2007	-25.73%	-4.18%
2006	+6.02%	N/A

IAT vs ETJ Drawdown Comparison

The maximum drawdown for IAT was -77.21%, occurring on Mar 6, 2009. Recovery took 2465 trading sessions.

The maximum drawdown for ETJ was -32.81%, occurring on Mar 18, 2020. Recovery took 73 trading sessions.

The current IAT drawdown is -6.14%. The current ETJ drawdown is -3.70%.

Rank	IAT	ETJ
#1	-77.21% Feb 20, 2007 - Dec 1, 2016	-32.81% Feb 19, 2020 - Jun 3, 2020
#2	-55.53% Jan 14, 2022 - Feb 4, 2026	-31.32% Apr 22, 2010 - Jan 14, 2014
#3	-52.03% Mar 9, 2018 - Jan 12, 2021	-30.40% Jul 31, 2008 - Jul 21, 2009
#4	-17.49% Feb 6, 2026 - Mar 13, 2026	-28.53% Nov 12, 2021 - Aug 16, 2024
#5	-13.86% May 17, 2021 - Oct 5, 2021	-19.65% Oct 1, 2018 - Apr 17, 2019
#6	-13.59% Mar 1, 2017 - Nov 29, 2017	-15.45% Dec 26, 2024 - Jun 30, 2025
#7	-10.68% Oct 22, 2021 - Jan 6, 2022	-15.30% Jul 27, 2007 - Apr 24, 2008
#8	-9.71% Jan 14, 2021 - Feb 9, 2021	-12.54% Jun 18, 2015 - Jul 8, 2016
#9	-7.34% Feb 1, 2018 - Mar 7, 2018	-10.41% Feb 2, 2026 - Mar 27, 2026
#10	-7.19% Mar 12, 2021 - Apr 27, 2021	-9.84% Aug 22, 2016 - Jan 25, 2017
#11	-5.42% Feb 24, 2021 - Mar 8, 2021	-8.46% Jan 12, 2018 - Jun 4, 2018
#12	-5.30% May 8, 2006 - Sep 20, 2006	-8.25% Nov 28, 2014 - Jun 18, 2015
#13	-4.22% Jan 4, 2017 - Jan 25, 2017	-8.19% Sep 18, 2014 - Nov 28, 2014
#14	-3.93% May 7, 2021 - May 14, 2021	-7.97% Sep 1, 2020 - Nov 13, 2020
#15	-2.99% Dec 27, 2006 - Feb 7, 2007	-6.75% Sep 18, 2009 - Jan 8, 2010

Correlation

Correlation between IAT and ETJ is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2006 - 2026)

IAT vs ETJ dividend yield comparison.

Year	IAT	ETJ
2026	0.44%	3.90%
2025	2.94%	8.86%
2024	2.95%	8.16%
2023	3.56%	8.86%
2022	3.12%	11.68%
2021	1.88%	8.53%
2020	2.87%	8.79%
2019	2.49%	9.77%
2018	2.48%	11.23%
2017	1.55%	9.82%
2016	1.52%	12.46%
2015	1.78%	10.98%
2014	1.68%	10.47%
2013	1.56%	9.90%
2012	1.96%	11.09%
2011	1.95%	12.23%
2010	1.11%	13.55%
2009	2.03%	10.80%
2008	5.21%	10.01%
2007	3.41%	2.41%
2006	2.30%	0.00%