ETG vs VOO
Eaton Vance Tax-Advantaged Global Dividend Income Fund vs Vanguard S&P 500 ETF
Which is better, ETG or VOO?
Allocation/Balanced against Large Cap Blend.
VOO has a lower expense ratio. ETG led over 1Y and 3Y, VOO over 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ETG | VOO |
|---|---|---|
| Expense Ratio | 1.27% | 0.03%Best |
| AUM | $1.3B | $997.4B |
| Dividend Yield | 5.85% | 1.04% |
| Holdings | 193 | 509 |
| YTD Return | +6.50% | +12.23%Best |
| 1Y Return | +19.82%Best | +18.60% |
| 3Y Return (annualized) | +21.33%Best | +20.98% |
| 5Y Return (annualized) | +9.00% | +12.76%Best |
| Volatility (annualized) | 19.9% | 14.1%Best |
| Max Drawdown | -52.0% | -34.3%Best |
| $10,000 over 5 years | $15,386 | $18,230Best |
| Fund Family | Eaton Vance | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Jan 30, 2004 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 9, 2026 (16 years).
ETG vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
ETG vs VOO Performance
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) is an ETF from Eaton Vance and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ETG returned +19.82% while VOO returned +18.60%. Year to date, ETG is up 6.50% versus a gain of 12.23% for VOO.
Over three years, ETG compounded at +21.33% per year against +20.98% for VOO; over five years the annualized figures are +9.00% and +12.76% respectively. Across the full 16-year window we track, VOO has the edge at +13.40% annualized vs +6.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETG has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.0% for ETG and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ETG charges 1.27% per year while VOO charges 0.03%. On a $10,000 position that is $127 vs $3 annually, a gap of $124 per year that compounds over a long holding period. On income, ETG currently yields 5.85% against 1.04% for VOO.
Holdings Overlap
At least 39.0% of VOO's money is in holdings ETG also owns.
Stated as a floor: for ETG, our book for it covers 94.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 123 days apart, ETG as of Feb 27, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
50 positions in common, counted across the 154 positions we hold weights for in ETG and 505 in VOO, against full books of 193 and 509.
Top Shared Holdings
| Stock | Weight in ETG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 2.82% | 7.51% | 4.69% |
| AAPLApple, Inc | 2.03% | 6.59% | 4.56% |
| GOOGAlphabet Inc | 4.75% | 2.59% | 2.16% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 2.48% | 4.30% | 1.82% |
| MUMicron Technology, Inc. | 3.81% | 2.02% | 1.79% |
| AMZNAmazon.Com Inc | 2.15% | 3.62% | 1.47% |
| AVGOBroadcom Inc | 1.30% | 2.77% | 1.47% |
| LLYEli Lilly & Co. | 1.23% | 1.47% | 0.24% |
| XOMExxon Mobil Corp. | 1.21% | 0.88% | 0.33% |
| VVisa Inc | 0.82% | 0.87% | 0.05% |
39.0% of VOO is already inside ETG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ETG or VOO?
ETG has an expense ratio of 1.27% while VOO charges 0.03%. VOO is the cheaper option, by $124 a year on a $10,000 investment.
Which performed better, ETG or VOO?
Over the past year ETG returned +19.82% vs +18.60% for VOO, so ETG leads on 1-year performance. Over the longest common window we track (16 years), ETG annualized +6.27% vs +13.40% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETG or VOO?
ETG has been the more volatile fund at 19.9% annualized versus 14.1% for VOO. Worst drawdown: ETG -52.0% vs VOO -34.3%.
Should I hold both ETG and VOO?
ETG and VOO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ETG and VOO?
At least 39.0% of VOO's money is in holdings ETG also owns. Our book for ETG is partial, so the real figure is this or higher. They hold 50 positions in common, counted across the 154 positions we hold weights for in ETG and 505 in VOO.
Which pays a higher dividend, ETG or VOO?
ETG yields 5.85% while VOO yields 1.04%, so ETG currently pays the higher dividend yield.
Is VOO better than ETG?
VOO has a lower expense ratio. ETG led over 1Y and 3Y, VOO over 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.