TAXF vs ETJ

Comparison between AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF) and Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ, ETF).

5-Year PerformanceETJ has outperformed TAXF, delivering a return of +3.0% compared to +1.1%

TAXF vs ETJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TAXF(ETF)	ETJ(ETF)
Net Assets	$627M	$626M
Expense Ratio	0.27%	N/A
Max Drawdown	15.69%	67.20%
Sharpe Ratio	1.36	-0.02
5Y Beta	0.03	0.68
5Y Dividends CAGR	11.45%	-1.48%

Net Assets

Winner

TAXF

$627M

ETJ

$626M

Expense Ratio

TAXF

0.27%

ETJ

N/A

Max Drawdown

Winner

TAXF

15.69%

ETJ

67.20%

Sharpe Ratio

Winner

TAXF

1.36

ETJ

-0.02

5Y Beta

Winner

TAXF

0.03

ETJ

0.68

5Y Dividends CAGR

Winner

TAXF

11.45%

ETJ

-1.48%

TAXF vs ETJ - Historical Returns

Returns include dividend reinvestment.

Period	TAXF	ETJ
1 month	+0.74%	-1.11%
3 months	+0.42%	-2.00%
6 months	+2.25%	-1.26%
1 year	+7.91%	+3.27%
5 years(CAGR)	+1.07%	+3.01%
10 years(CAGR)	N/A	+8.07%
Max(CAGR)	+2.88%	+5.33%

Winner

TAXF

+0.74%

ETJ

-1.11%

Winner

TAXF

+0.42%

ETJ

-2.00%

Winner

TAXF

+2.25%

ETJ

-1.26%

Winner

TAXF

+7.91%

ETJ

+3.27%

5Y(CAGR)

TAXF

+1.07%

Winner

ETJ

+3.01%

10Y(CAGR)

TAXF

N/A

ETJ

+8.07%

Max(CAGR)

TAXF

+2.88%

Winner

ETJ

+5.33%

TAXF vs ETJ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	TAXF	ETJ
2026	+1.68%	-1.67%
2025	+3.92%	+4.37%
2024	+2.02%	+30.50%
2023	+6.98%	+14.46%
2022	-9.59%	-23.01%
2021	+2.77%	+15.18%
2020	+5.37%	+22.42%
2019	+8.75%	+26.64%
2018	+0.64%	-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%

TAXF vs ETJ Drawdown Comparison

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

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

The current TAXF drawdown is -0.48%. The current ETJ drawdown is -3.70%.

Rank	TAXF	ETJ
#1	-13.94% Jul 19, 2021 - Sep 10, 2025	-32.81% Feb 19, 2020 - Jun 3, 2020
#2	-13.39% Mar 9, 2020 - Nov 23, 2020	-31.32% Apr 22, 2010 - Jan 14, 2014
#3	-2.93% Feb 27, 2026 - Mar 24, 2026	-30.40% Jul 31, 2008 - Jul 21, 2009
#4	-2.03% Feb 12, 2021 - May 25, 2021	-28.53% Nov 12, 2021 - Aug 16, 2024
#5	-1.58% Sep 4, 2019 - Dec 27, 2019	-19.65% Oct 1, 2018 - Apr 17, 2019
#6	-0.97% Sep 12, 2018 - Dec 4, 2018	-15.45% Dec 26, 2024 - Jun 30, 2025
#7	-0.55% Jun 10, 2021 - Jul 7, 2021	-15.30% Jul 27, 2007 - Apr 24, 2008
#8	-0.47% Jan 15, 2026 - Jan 30, 2026	-12.54% Jun 18, 2015 - Jul 8, 2016
#9	-0.43% Nov 11, 2025 - Nov 26, 2025	-10.41% Feb 2, 2026 - Mar 27, 2026
#10	-0.41% Nov 26, 2025 - Dec 23, 2025	-9.84% Aug 22, 2016 - Jan 25, 2017
#11	-0.32% Aug 15, 2019 - Aug 28, 2019	-8.46% Jan 12, 2018 - Jun 4, 2018
#12	-0.32% Sep 18, 2025 - Oct 1, 2025	-8.25% Nov 28, 2014 - Jun 18, 2015
#13	-0.30% Oct 24, 2025 - Nov 11, 2025	-8.19% Sep 18, 2014 - Nov 28, 2014
#14	-0.28% Jan 7, 2019 - Jan 14, 2019	-7.97% Sep 1, 2020 - Nov 13, 2020
#15	-0.27% Jan 31, 2020 - Feb 14, 2020	-6.75% Sep 18, 2009 - Jan 8, 2010

Correlation

Correlation between TAXF and ETJ is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2007 - 2026)

TAXF vs ETJ dividend yield comparison.

Year	TAXF	ETJ
2026	1.60%	3.90%
2025	3.68%	8.86%
2024	3.38%	8.16%
2023	2.93%	8.86%
2022	2.05%	11.68%
2021	1.58%	8.53%
2020	2.13%	8.79%
2019	2.64%	9.77%
2018	0.69%	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%