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ETO correlations (Eaton Vance Tax-Advantage Global Dividend Opp)

Which assets move with ETO and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

16.6%

3y weekly

Beta vs S&P 500

1.02

3y weekly

1-year return

+24.4%

price, adjusted

5-year return

+43.6%

price, adjusted

Market cap

$0.5B

latest

P/E ratio

3.8

trailing

Dividend yield

6.57%

trailing

Max drawdown

-18.2%

3y, daily closes

ETO over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ETO

Asset		Correlation (3Y)
ETG	Eaton Vance Tax-Advantaged Global Dividend Income Fund	0.95
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income	0.94
ACWI	iShares MSCI ACWI ETF	0.93
VT	Vanguard Total World Stock ETF	0.93
VOO	Vanguard S&P 500 ETF	0.89

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ETO.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.76
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.70
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.70

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/eto.json

Correlations, diversifiers, beta and volatility for ETO, plus one endpoint per pair. API documentation.