IBDW vs ETY

Comparison between ISHARES IBONDS DEC 2031 TERM CORPORATE ETF (IBDW, ETF) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF).

5-Year PerformanceETY has outperformed IBDW, delivering a return of +9.4% compared to +0.4%

IBDW vs ETY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBDW(ETF)	ETY(ETF)
Net Assets	$2.40B	$2.50B
Expense Ratio	0.10%	N/A
Max Drawdown	26.72%	64.57%
Sharpe Ratio	0.25	0.11
5Y Beta	0.06	0.93
5Y Dividends CAGR	N/A	4.98%

Net Assets

IBDW

$2.40B

Winner

ETY

$2.50B

Expense Ratio

IBDW

0.10%

ETY

N/A

Max Drawdown

Winner

IBDW

26.72%

ETY

64.57%

Sharpe Ratio

Winner

IBDW

0.25

ETY

0.11

5Y Beta

Winner

IBDW

0.06

ETY

0.93

5Y Dividends CAGR

IBDW

N/A

ETY

4.98%

IBDW vs ETY - Historical Returns

Returns include dividend reinvestment.

Period	IBDW	ETY
1 month	-0.37%	-2.69%
3 months	-1.00%	-0.20%
6 months	+0.16%	-3.80%
1 year	+4.89%	+4.41%
5 years(CAGR)	+0.38%	+9.40%
10 years(CAGR)	N/A	+12.34%
Max(CAGR)	+0.38%	+8.52%

Winner

IBDW

-0.37%

ETY

-2.69%

IBDW

-1.00%

Winner

ETY

-0.20%

Winner

IBDW

+0.16%

ETY

-3.80%

Winner

IBDW

+4.89%

ETY

+4.41%

5Y(CAGR)

IBDW

+0.38%

Winner

ETY

+9.40%

10Y(CAGR)

IBDW

N/A

ETY

+12.34%

Max(CAGR)

IBDW

+0.38%

Winner

ETY

+8.52%

IBDW vs ETY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	IBDW	ETY
2026	-0.22%	-1.99%
2025	+8.86%	+11.01%
2024	+3.60%	+35.10%
2023	+8.47%	+21.52%
2022	-16.41%	-20.72%
2021	+0.36%	+34.82%
2020	N/A	+6.29%
2019	N/A	+31.23%
2018	N/A	-10.18%
2017	N/A	+29.36%
2016	N/A	+4.62%
2015	N/A	+9.12%
2014	N/A	+12.87%
2013	N/A	+25.11%
2012	N/A	+16.30%
2011	N/A	-13.08%
2010	N/A	-2.81%
2009	N/A	+36.46%
2008	N/A	-25.83%
2007	N/A	-8.21%
2006	N/A	+0.25%

IBDW vs ETY Drawdown Comparison

The maximum drawdown for IBDW was -23.88%, occurring on Oct 20, 2022. Recovery took 1132 trading sessions.

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

The current IBDW drawdown is -1.51%. The current ETY drawdown is -4.52%.

Rank	IBDW	ETY
#1	-23.88% Aug 3, 2021 - Feb 5, 2026	-52.91% Jun 1, 2007 - Jan 18, 2013
#2	-2.42% Feb 23, 2026 - Mar 26, 2026	-42.40% Feb 12, 2020 - Nov 17, 2020
#3	-0.79% Jul 8, 2021 - Jul 19, 2021	-24.43% Sep 13, 2018 - Jun 20, 2019
#4	-0.59% Jul 19, 2021 - Jul 28, 2021	-24.03% Dec 31, 2021 - Feb 5, 2024
#5	-0.19% Jul 28, 2021 - Aug 2, 2021	-21.28% Feb 19, 2025 - Jun 25, 2025
#6	-0.19% Jun 30, 2021 - Jul 2, 2021	-14.39% Sep 22, 2025 - Mar 30, 2026
#7	-0.17% Jun 24, 2021 - Jun 28, 2021	-13.90% Nov 3, 2015 - Aug 5, 2016
#8	-0.12% Feb 10, 2026 - Feb 12, 2026	-12.52% Sep 3, 2014 - Nov 5, 2014
#9	-0.07% Feb 17, 2026 - Feb 23, 2026	-11.93% Jul 20, 2015 - Nov 3, 2015
#10	N/A	-8.97% Jan 26, 2018 - May 8, 2018
#11	N/A	-8.63% Sep 8, 2016 - Jan 26, 2017
#12	N/A	-8.09% May 21, 2013 - Jul 15, 2013
#13	N/A	-7.21% Jul 10, 2024 - Aug 30, 2024
#14	N/A	-6.77% Nov 28, 2014 - Feb 27, 2015
#15	N/A	-6.17% Jan 22, 2014 - Feb 18, 2014

Correlation

Correlation between IBDW and ETY is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2007 - 2026)

IBDW vs ETY dividend yield comparison.

Year	IBDW	ETY
2026	1.99%	3.43%
2025	4.78%	7.76%
2024	5.00%	7.59%
2023	4.50%	7.92%
2022	3.70%	10.04%
2021	1.10%	7.01%
2020	0.00%	8.26%
2019	0.00%	8.08%
2018	0.00%	9.92%
2017	0.00%	8.30%
2016	0.00%	9.77%
2015	0.00%	9.03%
2014	0.00%	9.06%
2013	0.00%	9.26%
2012	0.00%	11.19%
2011	0.00%	13.06%
2010	0.00%	14.35%
2009	0.00%	14.09%
2008	0.00%	17.11%
2007	0.00%	11.13%