TAOZ vs ETB

Comparison between THORNBURG AMERICAN OPPORTUNITIES FUND ETF CLASS (TAOZ, ETF) and Eaton Vance Tax-Managed Buy-Write Income Fund (ETB, ETF).

TAOZ vs ETB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TAOZ(ETF)	ETB(ETF)
Net Assets	$494M	$494M
Expense Ratio	0.79%	N/A
Max Drawdown	3.85%	59.40%
Sharpe Ratio	2.18	1.18
5Y Beta	0.73	0.75
P/E Ratio	23.73	N/A
Forward P/E	16.76	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	N/A	1.20%
5Y EPS CAGR	19.32%	N/A
Debt to Equity	77.09%	N/A
P/S Ratio	2.89	N/A
P/B Ratio	4.03	N/A

Net Assets

Winner

TAOZ

$494M

ETB

$494M

Expense Ratio

TAOZ

0.79%

ETB

N/A

Max Drawdown

Winner

TAOZ

3.85%

ETB

59.40%

Sharpe Ratio

Winner

TAOZ

2.18

ETB

1.18

5Y Beta

Winner

TAOZ

0.73

ETB

0.75

P/E Ratio

TAOZ

23.73

ETB

N/A

Forward P/E

TAOZ

16.76

ETB

N/A

PEG Ratio

TAOZ

0.47

ETB

N/A

5Y Dividends CAGR

TAOZ

N/A

ETB

1.20%

5Y EPS CAGR

TAOZ

19.32%

ETB

N/A

Debt to Equity

TAOZ

77.09%

ETB

N/A

P/S Ratio

TAOZ

2.89

ETB

N/A

P/B Ratio

TAOZ

4.03

ETB

N/A

TAOZ vs ETB - Historical Returns

Returns include dividend reinvestment.

Period	TAOZ	ETB
1 month	+1.56%	+0.18%
3 months	N/A	+3.95%
6 months	N/A	+5.43%
1 year	N/A	+16.88%
5 years(CAGR)	N/A	+6.81%
10 years(CAGR)	N/A	+8.42%
Max(CAGR)	+35.58%	+8.11%

Winner

TAOZ

+1.56%

ETB

+0.18%

TAOZ

N/A

ETB

+3.95%

TAOZ

N/A

ETB

+5.43%

TAOZ

N/A

ETB

+16.88%

5Y(CAGR)

TAOZ

N/A

ETB

+6.81%

10Y(CAGR)

TAOZ

N/A

ETB

+8.42%

Max(CAGR)

Winner

TAOZ

+35.58%

ETB

+8.11%

TAOZ vs ETB - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	TAOZ	ETB
2026	+6.18%	+3.60%
2025	N/A	+11.50%
2024	N/A	+26.79%
2023	N/A	+7.26%
2022	N/A	-17.06%
2021	N/A	+26.64%
2020	N/A	+0.51%
2019	N/A	+29.45%
2018	N/A	-12.67%
2017	N/A	+12.37%
2016	N/A	+8.92%
2015	N/A	+13.83%
2014	N/A	+16.83%
2013	N/A	+11.61%
2012	N/A	+19.91%
2011	N/A	-3.08%
2010	N/A	-4.88%
2009	N/A	+46.53%
2008	N/A	-19.08%
2007	N/A	-8.12%
2006	N/A	+26.09%
2005	N/A	-4.99%

TAOZ vs ETB Drawdown Comparison

The maximum drawdown for TAOZ was -3.85%, occurring on Apr 29, 2026. Recovery took 33 trading sessions.

The maximum drawdown for ETB was -50.92%, occurring on Nov 20, 2008. Recovery took 578 trading sessions.

The current TAOZ drawdown is -1.35%. The current ETB drawdown is -2.05%.

Rank	TAOZ	ETB
#1	-3.85% Apr 17, 2026 - Jun 4, 2026	-50.92% Jun 1, 2007 - Sep 16, 2009
#2	-2.29% Jun 4, 2026 - Jun 10, 2026	-45.03% Feb 19, 2020 - Mar 17, 2021
#3	-0.62% Apr 9, 2026 - Apr 13, 2026	-25.67% Mar 24, 2010 - Jul 13, 2012
#4	-0.50% Apr 15, 2026 - Apr 17, 2026	-24.54% Sep 20, 2018 - Apr 29, 2019
#5	-0.14% Apr 6, 2026 - Apr 8, 2026	-23.45% Mar 22, 2022 - Jul 12, 2024
#6	N/A	-20.10% Jan 23, 2025 - Aug 6, 2025
#7	N/A	-17.38% Dec 29, 2015 - Apr 12, 2016
#8	N/A	-14.19% Jan 14, 2010 - Mar 10, 2010
#9	N/A	-13.97% Oct 15, 2012 - Jan 15, 2013
#10	N/A	-12.26% Aug 2, 2005 - Mar 13, 2006
#11	N/A	-11.06% Jul 28, 2014 - Oct 31, 2014
#12	N/A	-10.54% Aug 19, 2015 - Nov 23, 2015
#13	N/A	-9.17% Feb 25, 2026 - Apr 15, 2026
#14	N/A	-9.02% Jan 12, 2022 - Feb 16, 2022
#15	N/A	-8.93% Jan 12, 2018 - Jul 17, 2018