TDTT vs ETY

Comparison between FLEXSHARES IBOXX 3-YEAR TARGET DURATION TIPS INDEX FUND (TDTT, ETF) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF).

5-Year PerformanceETY has outperformed TDTT, delivering a return of +8.8% compared to +2.6%

TDTT vs ETY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TDTT(ETF)	ETY(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.18%	N/A
Max Drawdown	14.05%	64.57%
Sharpe Ratio	-0.72	-0.18
5Y Beta	-0.00	0.92
5Y Dividends CAGR	9.08%	4.98%

Net Assets

TDTT

$2.50B

ETY

$2.50B

Expense Ratio

TDTT

0.18%

ETY

N/A

Max Drawdown

Winner

TDTT

14.05%

ETY

64.57%

Sharpe Ratio

TDTT

-0.72

Winner

ETY

-0.18

5Y Beta

Winner

TDTT

-0.00

ETY

0.92

5Y Dividends CAGR

Winner

TDTT

9.08%

ETY

4.98%

TDTT vs ETY - Historical Returns

Returns include dividend reinvestment.

Period	TDTT	ETY
1 month	+0.03%	+1.37%
3 months	-0.14%	+0.47%
6 months	+1.00%	+1.39%
1 year	+2.47%	+0.74%
5 years(CAGR)	+2.60%	+8.81%
10 years(CAGR)	+3.04%	+12.31%
Max(CAGR)	+2.16%	+8.58%

TDTT

+0.03%

Winner

ETY

+1.37%

TDTT

-0.14%

Winner

ETY

+0.47%

TDTT

+1.00%

Winner

ETY

+1.39%

Winner

TDTT

+2.47%

ETY

+0.74%

5Y(CAGR)

TDTT

+2.60%

Winner

ETY

+8.81%

10Y(CAGR)

TDTT

+3.04%

Winner

ETY

+12.31%

Max(CAGR)

TDTT

+2.16%

Winner

ETY

+8.58%

TDTT vs ETY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	TDTT	ETY
2026	+1.51%	+0.52%
2025	+6.49%	+11.01%
2024	+4.00%	+35.10%
2023	+4.36%	+21.52%
2022	-4.64%	-20.72%
2021	+5.33%	+34.82%
2020	+6.71%	+6.29%
2019	+5.65%	+31.23%
2018	+0.21%	-10.18%
2017	+0.35%	+29.36%
2016	+2.76%	+4.62%
2015	-0.62%	+9.12%
2014	-1.92%	+12.87%
2013	-2.01%	+25.11%
2012	+2.81%	+16.30%
2011	+0.60%	-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%

TDTT vs ETY Drawdown Comparison

The maximum drawdown for TDTT was -6.95%, occurring on Sep 27, 2022. Recovery took 570 trading sessions.

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

The current TDTT drawdown is -0.47%. The current ETY drawdown is -2.07%.

Rank	TDTT	ETY
#1	-6.95% Mar 11, 2022 - Jun 18, 2024	-52.91% Jun 1, 2007 - Jan 18, 2013
#2	-6.62% Mar 3, 2020 - Jun 1, 2020	-42.40% Feb 12, 2020 - Nov 17, 2020
#3	-4.75% Sep 14, 2012 - Feb 22, 2019	-24.43% Sep 13, 2018 - Jun 20, 2019
#4	-2.59% Nov 17, 2021 - Mar 1, 2022	-24.03% Dec 31, 2021 - Feb 5, 2024
#5	-1.53% Sep 24, 2024 - Feb 3, 2025	-21.28% Feb 19, 2025 - Jun 25, 2025
#6	-1.51% Sep 28, 2011 - Oct 31, 2011	-14.39% Sep 22, 2025 - Mar 30, 2026
#7	-1.43% Nov 2, 2011 - Jan 26, 2012	-13.90% Nov 3, 2015 - Aug 5, 2016
#8	-1.42% Mar 16, 2012 - Aug 6, 2012	-12.52% Sep 3, 2014 - Nov 5, 2014
#9	-1.40% Apr 3, 2025 - Apr 28, 2025	-11.93% Jul 20, 2015 - Nov 3, 2015
#10	-1.16% Apr 30, 2025 - Jun 26, 2025	-8.97% Jan 26, 2018 - May 8, 2018
#11	-1.09% Aug 28, 2019 - Dec 13, 2019	-8.63% Sep 8, 2016 - Jan 26, 2017
#12	-0.97% May 13, 2026 - Jun 17, 2026	-8.09% May 21, 2013 - Jul 15, 2013
#13	-0.97% May 17, 2021 - Jul 12, 2021	-7.21% Jul 10, 2024 - Aug 30, 2024
#14	-0.90% Mar 17, 2026 - Apr 13, 2026	-6.77% Nov 28, 2014 - Feb 27, 2015
#15	-0.90% Aug 6, 2012 - Sep 13, 2012	-6.17% Jan 22, 2014 - Feb 18, 2014

Correlation

Correlation between TDTT and ETY is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

TDTT vs ETY dividend yield comparison.

Year	TDTT	ETY
2026	3.71%	4.74%
2025	4.52%	7.76%
2024	4.01%	7.59%
2023	3.88%	7.92%
2022	6.97%	10.04%
2021	4.53%	7.01%
2020	1.15%	8.26%
2019	1.91%	8.08%
2018	2.48%	9.92%
2017	1.88%	8.30%
2016	1.01%	9.77%
2015	0.00%	9.03%
2014	0.85%	9.06%
2013	0.19%	9.26%
2012	0.95%	11.19%
2011	0.27%	13.06%
2010	0.00%	14.35%
2009	0.00%	14.09%
2008	0.00%	17.11%
2007	0.00%	11.13%