LGOV vs ETJ

Comparison between FIRST TRUST LONG DURATION OPPORTUNITIES ETF (LGOV, ETF) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF).

5-Year PerformanceETJ has outperformed LGOV, delivering a return of +3.5% compared to -2.2%

LGOV vs ETJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LGOV(ETF)	ETJ(ETF)
Net Assets	$619M	$619M
Expense Ratio	0.49%	N/A
Max Drawdown	37.47%	67.20%
Sharpe Ratio	-0.13	0.01
5Y Beta	0.03	0.66
5Y Dividends CAGR	2.58%	-1.48%

Net Assets

Winner

LGOV

$619M

ETJ

$619M

Expense Ratio

LGOV

0.49%

ETJ

N/A

Max Drawdown

Winner

LGOV

37.47%

ETJ

67.20%

Sharpe Ratio

LGOV

-0.13

Winner

ETJ

0.01

5Y Beta

Winner

LGOV

0.03

ETJ

0.66

5Y Dividends CAGR

Winner

LGOV

2.58%

ETJ

-1.48%

LGOV vs ETJ - Historical Returns

Returns include dividend reinvestment.

Period	LGOV	ETJ
1 month	+0.61%	+1.97%
3 months	-0.36%	+2.58%
6 months	-3.95%	+1.15%
1 year	+2.47%	+3.36%
5 years(CAGR)	-2.23%	+3.49%
10 years(CAGR)	N/A	+8.38%
Max(CAGR)	+1.13%	+5.48%

LGOV

+0.61%

Winner

ETJ

+1.97%

LGOV

-0.36%

Winner

ETJ

+2.58%

LGOV

-3.95%

Winner

ETJ

+1.15%

LGOV

+2.47%

Winner

ETJ

+3.36%

5Y(CAGR)

LGOV

-2.23%

Winner

ETJ

+3.49%

10Y(CAGR)

LGOV

N/A

ETJ

+8.38%

Max(CAGR)

LGOV

+1.13%

Winner

ETJ

+5.48%

LGOV vs ETJ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	LGOV	ETJ
2026	-0.49%	+2.20%
2025	+9.08%	+4.37%
2024	-1.38%	+30.50%
2023	+3.91%	+14.46%
2022	-18.69%	-23.01%
2021	-2.09%	+15.18%
2020	+11.10%	+22.42%
2019	+11.54%	+26.64%
2018	N/A	-8.47%
2017	N/A	+18.00%
2016	N/A	+0.02%
2015	N/A	+4.14%
2014	N/A	+4.34%
2013	N/A	+17.40%
2012	N/A	+9.78%
2011	N/A	-13.13%
2010	N/A	-11.37%
2009	N/A	+3.45%
2008	N/A	+6.37%
2007	N/A	-4.18%

LGOV vs ETJ Drawdown Comparison

The maximum drawdown for LGOV was -30.86%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

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

The current LGOV drawdown is -15.33%. The current ETJ drawdown is -0.06%.

Rank	LGOV	ETJ
#1	-30.86% Mar 9, 2020 - Oct 19, 2023	-32.81% Feb 19, 2020 - Jun 3, 2020
#2	-4.68% Sep 4, 2019 - Jan 30, 2020	-31.32% Apr 22, 2010 - Jan 14, 2014
#3	-1.68% Mar 28, 2019 - May 13, 2019	-30.40% Jul 31, 2008 - Jul 21, 2009
#4	-1.49% Jul 3, 2019 - Aug 1, 2019	-28.53% Nov 12, 2021 - Aug 16, 2024
#5	-1.15% Feb 26, 2019 - Mar 8, 2019	-19.65% Oct 1, 2018 - Apr 17, 2019
#6	-0.99% Jan 31, 2020 - Feb 18, 2020	-15.45% Dec 26, 2024 - Jun 30, 2025
#7	-0.83% Aug 15, 2019 - Aug 27, 2019	-15.30% Jul 27, 2007 - Apr 24, 2008
#8	-0.65% Jun 3, 2019 - Jun 18, 2019	-12.54% Jun 18, 2015 - Jul 8, 2016
#9	-0.44% Feb 8, 2019 - Feb 19, 2019	-10.41% Feb 2, 2026 - Aug 7, 2026
#10	-0.43% Feb 1, 2019 - Feb 7, 2019	-9.84% Aug 22, 2016 - Jan 25, 2017
#11	-0.39% Feb 20, 2019 - Feb 26, 2019	-8.46% Jan 12, 2018 - Jun 4, 2018
#12	-0.33% May 17, 2019 - May 23, 2019	-8.25% Nov 28, 2014 - Jun 18, 2015
#13	-0.31% Jun 28, 2019 - Jul 2, 2019	-8.19% Sep 18, 2014 - Nov 28, 2014
#14	-0.24% Aug 28, 2019 - Sep 3, 2019	-7.97% Sep 1, 2020 - Nov 13, 2020
#15	-0.24% Aug 8, 2019 - Aug 12, 2019	-6.75% Sep 18, 2009 - Jan 8, 2010

Correlation

Correlation between LGOV and ETJ is -0.09 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.09

-101

Dividend Comparison (2007 - 2026)

LGOV vs ETJ dividend yield comparison.

Year	LGOV	ETJ
2026	2.94%	6.15%
2025	4.02%	8.86%
2024	4.03%	8.16%
2023	3.59%	8.86%
2022	1.97%	11.68%
2021	2.58%	8.53%
2020	3.75%	8.79%
2019	3.01%	9.77%
2018	0.00%	11.23%
2017	0.00%	9.82%
2016	0.00%	12.46%
2015	0.00%	10.98%
2014	0.00%	10.47%
2013	0.00%	9.90%
2012	0.00%	11.09%
2011	0.00%	12.23%
2010	0.00%	13.55%
2009	0.00%	10.80%
2008	0.00%	10.01%
2007	0.00%	2.41%