ETG (Eaton Vance Tax Advgd Gbl Div Fd) 1-Year Sharpe Ratio: 0.54 (As of Aug. 10, 2026)

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ETG Eaton Vance Tax Advgd Gbl Div Inc Fd ETG
50 GF Score
Price $24.42
GF Value $39.82
Valuation Possible Value Trap
! 6 Warning Signs
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What is Eaton Vance Tax Advgd Gbl Div Fd 1-Year Sharpe Ratio?

Eaton Vance Tax Advgd Gbl Div Fd ETG +0.54% 50 1-Year Sharpe Ratio is 0.54 as of Aug. 10, 2026. GuruFocus rates ETG with a GF Score™ of 50/100 and a GF Value™ of $39.82 (Possible Value Trap). The stock has 6 warning signs investors should review.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-08-10), Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio is 0.54.


Eaton Vance Tax Advgd Gbl Div Fd  (NYSE:ETG) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.


Eaton Vance Tax Advgd Gbl Div Fd 1-Year Sharpe Ratio Related Terms


ETG vs GAB, STEW, USA: 1-Year Sharpe Ratio Comparison

For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Tax Advgd Gbl Div Fd 1-Year Sharpe Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio falls into.


ETG
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Eaton Vance Tax Advgd Gbl Div Inc Fd ETG
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Tax Advgd Gbl Div Fd 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of 0.54 mean?
Eaton Vance Tax Advgd Gbl Div Fd (ETG) has a 1-Year Sharpe Ratio of 0.54 as of Aug. 10, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Eaton Vance Tax Advgd Gbl Div Fd and its competitors.
Is Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio too high?
Eaton Vance Tax Advgd Gbl Div Fd's current 1-Year Sharpe Ratio is 0.54. Overall, Eaton Vance Tax Advgd Gbl Div Fd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio compare to GAB and STEW?
Eaton Vance Tax Advgd Gbl Div Fd's 1-Year Sharpe Ratio of 0.54 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for an Asset Management company?
A good 1-Year Sharpe Ratio depends on the Asset Management industry context. However, 1-Year Sharpe Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Eaton Vance Tax Advgd Gbl Div Fd and its competitors. Eaton Vance Tax Advgd Gbl Div Fd's current 1-Year Sharpe Ratio is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Tax Advgd Gbl Div Fd stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd (ETG) is currently considered Possible Value Trap. The stock's GF Value™ is $39.82, compared to a current price of $24.42 — trading 38.7% below its estimated fair value. The current 1-Year Sharpe Ratio is 0.54. Eaton Vance Tax Advgd Gbl Div Fd's overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Eaton Vance Tax Advgd Gbl Div Fd (ETG), the current 1-Year Sharpe Ratio is 0.54 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eaton Vance Tax Advgd Gbl Div Fd (ETG) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd stock appears to be undervalued. The current stock price of $24.42 is trading 38.7% below its estimated GF Value™ of $39.82. GuruFocus considers Eaton Vance Tax Advgd Gbl Div Fd to be Possible Value Trap.

Key valuation signals for ETG:

  • 1-Year Sharpe Ratio: 0.54
  • GF Value™: $39.82 vs. price of $24.42 (38.7% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the ETG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eaton Vance Tax Advgd Gbl Div Fd Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.42
Price
$39.82
GF Value