ETG vs VOO
Eaton Vance Tax-Advantaged Global Dividend Income Fund vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. ETG delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | ETG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.27% | 0.03% | |
| AUM | $1.3B | $997.4B | |
| Dividend Yield | 6.00% | 1.08% | |
| Holdings | 193 | 509 | |
| YTD Return | +8.81% | +13.20% | |
| 1Y Return | +24.86% | +21.62% | |
| 3Y Return (annualized) | +22.67% | +22.16% | |
| 5Y Return (annualized) | +10.35% | +13.42% | |
| Volatility (annualized) | 21.7% | 14.1% | |
| Max Drawdown | -78.3% | -34.3% | |
| Fund Family | Eaton Vance | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jan 30, 2004 | Sep 7, 2010 |
ETG vs VOO Performance
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) is a ETF from Eaton Vance and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ETG returned +24.86% while VOO returned +21.62%. Year to date, ETG is up 8.81% versus a gain of 13.20% for VOO.
Over three years, ETG compounded at +22.67% per year against +22.16% for VOO; over five years the annualized figures are +10.35% and +13.42% respectively. Across the full 16-year window we track, VOO has the edge at +13.51% annualized vs +2.70%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETG has been the more volatile fund, with annualized monthly volatility of 21.7% 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 -78.3% for ETG and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 6.00% against 1.08% for VOO.
Holdings Overlap
ETG and VOO share 51 holdings out of 608 unique holdings combined, representing a 23.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $124 per year of difference.
Which performed better, ETG or VOO?
Over the past year ETG returned +24.86% vs +21.62% for VOO, so ETG leads on 1-year performance. Over the longest common window we track (16 years), ETG annualized +2.70% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, ETG or VOO?
ETG has been the more volatile fund at 21.7% annualized versus 14.1% for VOO. Worst drawdown: ETG -78.3% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between ETG and VOO?
ETG and VOO share 51 common holdings with a 23.1% weight overlap. Combined, they hold 608 unique securities.
Which pays a higher dividend, ETG or VOO?
ETG yields 6.00% while VOO yields 1.08%, so ETG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.