Eaton Vance Global Income Builder Fund (EDIAX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EDIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EDIAX
EDIAX charges 1.17% annually. There are 58 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | EDIAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | EDIAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | EDIAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | EDIAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | EDIAX vs JNSMX |
Best Risk-Adjusted Alternatives to EDIAX
EDIAX has a PortfoliosLab risk / return rank of 41. There are 60 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | EDIAX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | EDIAX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | EDIAX vs GBMFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | EDIAX vs GIMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | EDIAX vs SAWMX |
Top Performing EDIAX Alternatives (YTD)
EDIAX is at 5.40% YTD. There are 55 mutual funds in the Global Allocation category with higher YTD returns, going as high as 23.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 23.16% | — | Oct 2005 | EDIAX vs CGO | |
| Calamos Global Dynamic Income Fund | 21.48% | — | Jun 2007 | EDIAX vs CHW | |
| Thornburg Investment Income Builder Fund | 16.64% | — | Dec 2002 | EDIAX vs TIBAX | |
| Calamos Global Opportunities Fund | 15.00% | — | Sep 1996 | EDIAX vs CVLOX | |
| Leuthold Global Fund | 13.98% | — | Apr 2008 | EDIAX vs GLBIX |
Lowest Volatility Alternatives to EDIAX
EDIAX has 10.23% 1-year volatility. There are 53 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | EDIAX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | EDIAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | EDIAX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.91% | — | Dec 2011 | EDIAX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | EDIAX vs NRIIX |
Lowest Drawdown Alternatives to EDIAX
EDIAX has a 1-year max drawdown of -8.41%. There are 55 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | EDIAX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | EDIAX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | EDIAX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | EDIAX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | EDIAX vs MSTGX |
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 EDIAX
Investors most often compare EDIAX with WARAX, WMRIX, HRLYX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Absolute Return Fund | Global Allocation | 87 | 13.16% | — | Feb 2012 | EDIAX vs WARAX | |
| Wilmington Real Asset Fund | Global Allocation | 49 | 11.54% | — | Jun 2003 | EDIAX vs WMRIX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.44% | — | May 2010 | EDIAX vs HRLYX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 26 | 9.99% | — | Jan 2012 | EDIAX vs RAPZX |
Compare EDIAX with Any Fund or Stock
Compare EDIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EDIAX with funds that move differently
Eaton Vance Global Income Builder Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EDIAX.
Explore EDIAX Diversifiers