Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) Alternatives
Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EGRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EGRIX
EGRIX charges 1.05% annually. Among mutual funds in the Nontraditional Bonds category, these options have the lowest expense ratios among EGRIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | Oct 2, 2011 | EGRIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | Apr 6, 2015 | EGRIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | Sep 28, 2011 | EGRIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | Dec 30, 2018 | EGRIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | Jan 29, 2009 | EGRIX vs PUTIX |
Best Risk-Adjusted Alternatives to EGRIX
Among mutual funds in the Nontraditional Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | Jan 27, 2023 | EGRIX vs CBYYX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | Jun 26, 2007 | EGRIX vs EIGMX | |
| PGIM Securitized Credit Fund | 99 | Jun 30, 2019 | EGRIX vs SCFZX | |
| Artisan Global Unconstrained Fund | 99 | Mar 30, 2022 | EGRIX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | Apr 6, 2014 | EGRIX vs DFLEX |
Top Performing EGRIX Alternatives (YTD)
EGRIX alternatives from the Nontraditional Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Artisan Global Unconstrained Fund | 4.02% | Mar 30, 2022 | EGRIX vs APFPX | |
| Putnam Mortgage Opportunities Fund | 2.63% | Apr 6, 2015 | EGRIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 2.43% | Jun 26, 2007 | EGRIX vs EIGMX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | EGRIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.11% | Oct 2, 2011 | EGRIX vs GMODX |
Lowest Volatility Alternatives to EGRIX
EGRIX alternatives from the Nontraditional Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | EGRIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.40% | Apr 6, 2014 | EGRIX vs DFLEX | |
| Dunham Long/Short Credit Fund | 1.45% | Dec 9, 2004 | EGRIX vs DCAIX | |
| Anfield Universal Fixed Income Fund | 1.58% | Jun 27, 2013 | EGRIX vs AFLIX | |
| GMO Opportunistic Income Fund | 1.64% | Oct 2, 2011 | EGRIX vs GMODX |
Lowest Drawdown Alternatives to EGRIX
EGRIX alternatives from the Nontraditional Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.18% | Jan 27, 2023 | EGRIX vs CBYYX | |
| Dunham Long/Short Credit Fund | -0.84% | Dec 9, 2004 | EGRIX vs DCAIX | |
| PGIM Absolute Return Bond Fund | -0.87% | Mar 29, 2011 | EGRIX vs PADZX | |
| Toews Unconstrained Income Fund | -0.87% | Aug 27, 2013 | EGRIX vs TUIFX | |
| PGIM Securitized Credit Fund | -0.93% | Jun 30, 2019 | EGRIX vs SCFZX |
Other Mutual Funds from Eaton Vance
Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.
Often Compared With EGRIX
What investors most often compare with EGRIX, based on PortfoliosLab usage data.
Compare EGRIX with Any Fund or Stock
Compare EGRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.