ETY vs NUDG
Eaton Vance Tax-Managed Diversified Equity Income Fund vs Nuveen Dividend Growth Fund ETF
Which is better, ETY or NUDG?
NUDG has been ahead.
NUDG has a lower expense ratio. NUDG led over 1Y. NUDG is less concentrated, with 42.3% of the fund in its ten largest positions against 50.5%.
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 | ETY | NUDG |
|---|---|---|
| Expense Ratio | 1.06% | 0.61%Best |
| AUM | $1.8B | $6.2B |
| Dividend Yield | 7.52% | 0.50% |
| Holdings | 61 | 43 |
| YTD Return | -2.20% | +2.67%Best |
| 1Y Return | -2.84% | - |
| 3Y Return (annualized) | +15.48% | - |
| 5Y Return (annualized) | +8.08% | - |
| Top 10 Weight | 50.5% | 42.3%Best |
| Fund Family | Eaton Vance | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 27, 2006 | Jun 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ETY vs NUDG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ETY vs NUDG Performance
Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is an ETF from Eaton Vance and Nuveen Dividend Growth Fund ETF (NUDG) is an ETF from Nuveen. Year to date, ETY is down 2.20% versus a gain of 2.67% for NUDG.
Past performance does not guarantee future results.
Fees and Cost Over Time
ETY charges 1.06% per year while NUDG charges 0.61%. On a $10,000 position that is $106 vs $61 annually, a gap of $45 per year that compounds over a long holding period. On income, ETY currently yields 7.52% against 0.50% for NUDG.
Holdings Overlap
37.2% of ETY's money is in holdings NUDG also owns. 42.4% of NUDG's money is in holdings ETY also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 58 positions we hold weights for in ETY and 42 in NUDG, against full books of 61 and 43.
What only one of them owns
Our book lists 29 positions for NUDG that do not appear in our book for ETY (52.1% of the fund), and 40 for ETY that do not appear in NUDG (59.6%).
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 ETY | Weight in NUDG | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.19% | 7.67% | 1.48% |
| AAPLApple, Inc | 7.05% | 6.37% | 0.68% |
| GOOGAlphabet Inc. C | 7.02% | 3.68% | 3.34% |
| AVGOBroadcom Inc | 4.14% | 5.11% | 0.97% |
| JPMJpmorgan Chase | 3.23% | 3.72% | 0.49% |
| APHAmphenol Corp. Class A | 0.93% | 3.83% | 2.90% |
| ETNEaton Corp Plc | 1.74% | 2.26% | 0.52% |
| LINLinde Plc Ordinary Shares | 1.49% | 2.45% | 0.96% |
| ABBVAbbvie Inc. | 2.05% | 1.89% | 0.16% |
| TJXTjx Cos., Inc. | 1.30% | 1.81% | 0.51% |
42.4% of NUDG is already inside ETY.
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, ETY or NUDG?
ETY has an expense ratio of 1.06% while NUDG charges 0.61%. NUDG is the cheaper option, by $45 a year on a $10,000 investment.
What is the holdings overlap between ETY and NUDG?
42.4% of NUDG's money is in holdings ETY also owns. 42.4% of NUDG's is in holdings ETY also owns. They hold 12 positions in common, counted across the 58 positions we hold weights for in ETY and 42 in NUDG.
Which pays a higher dividend, ETY or NUDG?
ETY yields 7.52% while NUDG yields 0.50%, so ETY currently pays the higher dividend yield.
Is NUDG better than ETY?
NUDG has a lower expense ratio. NUDG led over 1Y. NUDG is less concentrated, with 42.3% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.