EATZ vs TBG
AdvisorShares Restaurant ETF vs TBG Dividend Focus ETF
Which is better, EATZ or TBG?
TBG has been ahead.
TBG has a lower expense ratio. TBG led over 1Y and the full window. TBG is less concentrated, with 39.3% of the fund in its ten largest positions against 61.2%.
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 | EATZ | TBG |
|---|---|---|
| Expense Ratio | 1.00% | 0.45%Best |
| AUM | $2M | $284M |
| Dividend Yield | 0.48% | 2.82% |
| Holdings | 22 | 78 |
| Volatility (annualized) | 19.2% | 12.0%Best |
| Max Drawdown | -23.2% | -14.8%Best |
| $10,000 over 2.5 years | $14,201 | $15,454Best |
| Top 10 Weight | 61.2% | 39.3%Best |
| Fund Family | Advisor Shares | EA Series Trust |
| Category | Equity | Equity |
| Style | All Cap Blend | All Cap Blend |
| Inception | Apr 20, 2021 | Nov 6, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 167 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EATZ has data through Apr 30, 2026 and TBG through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Nov 7, 2023 to Apr 30, 2026 (2.5 years).
Risk: Volatility and Drawdowns
EATZ has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 12.0% for TBG. 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 -23.2% for EATZ and -14.8% for TBG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EATZ charges 1.00% per year while TBG charges 0.45%. On a $10,000 position that is $100 vs $45 annually, a gap of $55 per year that compounds over a long holding period. On income, EATZ currently yields 0.48% against 2.82% for TBG.
Holdings Overlap
4.2% of EATZ's money is in holdings TBG also owns. 1.5% of TBG's money is in holdings EATZ also owns.
EATZ and TBG share little of their money.
The two holdings books were reported 244 days apart, EATZ as of Jan 30, 2026 and TBG as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 22 positions we hold weights for in EATZ and 38 in TBG, against full books of 22 and 78.
What only one of them owns
Our book lists 36 positions for TBG that do not appear in our book for EATZ (96.8% of the fund), and 20 for EATZ that do not appear in TBG (95.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EATZ | Weight in TBG | Difference |
|---|---|---|---|
| DPZDomino's Pizza Inc | 4.20% | 1.49% | 2.71% |
You are not choosing between two funds in isolation.
Whichever of EATZ and TBG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EATZ or TBG?
EATZ has an expense ratio of 1.00% while TBG charges 0.45%. TBG is the cheaper option, by $55 a year on a $10,000 investment.
Which is riskier, EATZ or TBG?
EATZ has been the more volatile fund at 19.2% annualized versus 12.0% for TBG. Worst drawdown: EATZ -23.2% vs TBG -14.8%.
Should I hold both EATZ and TBG?
EATZ and TBG have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EATZ and TBG?
4.2% of EATZ's money is in holdings TBG also owns. 1.5% of TBG's is in holdings EATZ also owns. They hold 1 positions in common, counted across the 22 positions we hold weights for in EATZ and 38 in TBG.
Which pays a higher dividend, EATZ or TBG?
EATZ yields 0.48% while TBG yields 2.82%, so TBG currently pays the higher dividend yield.
Is TBG better than EATZ?
TBG has a lower expense ratio. TBG led over 1Y and the full window. TBG is less concentrated, with 39.3% of the fund in its ten largest positions against 61.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.