Eaton Vance Global Bond Fund (EAIIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EAIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EAIIX
EAIIX charges 1.02% annually. There are 63 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | EAIIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | EAIIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | EAIIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | EAIIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | EAIIX vs VTIBX |
Best Risk-Adjusted Alternatives to EAIIX
EAIIX has a PortfoliosLab risk / return rank of 96. There are 2 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | EAIIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | EAIIX vs DGFFX | |
| Payden Global Low Duration Fund | 88 | — | Sep 1996 | EAIIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 84 | — | Jan 2008 | EAIIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | 76 | — | Nov 1990 | EAIIX vs DFGBX |
Top Performing EAIIX Alternatives (YTD)
EAIIX is at 4.35% YTD. No mutual funds in the Global Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 3.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Templeton Global Bond Fund | 3.06% | — | Sep 1986 | EAIIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.94% | — | Feb 2009 | EAIIX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.80% | — | Mar 2017 | EAIIX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.56% | — | Oct 2006 | EAIIX vs GOBSX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 2.16% | — | Dec 2008 | EAIIX vs PRSNX |
Lowest Volatility Alternatives to EAIIX
EAIIX has 3.09% 1-year volatility. There are 17 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.73% | — | Feb 1996 | EAIIX vs DFGFX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | EAIIX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.55% | — | Nov 1990 | EAIIX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | EAIIX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | EAIIX vs SAXIX |
Lowest Drawdown Alternatives to EAIIX
EAIIX has a 1-year max drawdown of -2.33%. There are 10 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | EAIIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | EAIIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | EAIIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | EAIIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | EAIIX vs DFGBX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.
Often Compared With EAIIX
Investors most often compare EAIIX with EAERX, EHSTX, OPSIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare EAIIX with Any Fund or Stock
Compare EAIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EAIIX with funds that move differently
Eaton Vance Global Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EAIIX.
Explore EAIIX Diversifiers