Parametric Volatility Risk Premium - Defensive Fund (EIVPX) belongs to the Options Trading category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EIVPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EIVPX
EIVPX charges 0.47% annually. No mutual funds in the Options Trading category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.60%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Hedged Equity 2 Fund Class I | 0.60% | — | Feb 2021 | EIVPX vs JHQDX | |
| JPMorgan Hedged Equity 3 Fund | 0.60% | — | Feb 2021 | EIVPX vs JHQTX | |
| Gateway Equity Call Premium Fund | 0.68% | — | Sep 2014 | EIVPX vs GCPYX | |
| Gateway Fund Class Y Shares | 0.70% | — | — | EIVPX vs GTEYX | |
| JPMorgan Hedged Equity Fund | 0.83% | — | Dec 2013 | EIVPX vs JHQAX |
Best Risk-Adjusted Alternatives to EIVPX
EIVPX has a PortfoliosLab risk / return rank of 89. There are 3 mutual funds in the Options Trading category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 100 | — | Nov 2016 | EIVPX vs PPFIX | |
| Glenmede Secured Options Portfolio | 92 | — | Jun 2010 | EIVPX vs GTSOX | |
| MAI Managed Volatility Fund | 92 | — | Sep 2010 | EIVPX vs MAIPX | |
| Easterly Hedged Equity Fund | 87 | — | Jul 2015 | EIVPX vs JDIEX | |
| Gateway Equity Call Premium Fund | 86 | — | Sep 2014 | EIVPX vs GCPYX |
Top Performing EIVPX Alternatives (YTD)
EIVPX is at 6.81% YTD. There are 7 mutual funds in the Options Trading category with higher YTD returns, going as high as 11.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 11.14% | — | Jan 2007 | EIVPX vs QQQX | |
| AlphaCentric Premium Opportunity Fund | 9.49% | — | Sep 2016 | EIVPX vs HMXIX | |
| Easterly Hedged Equity Fund | 8.08% | — | Jul 2015 | EIVPX vs JDIEX | |
| Glenmede Secured Options Portfolio | 7.74% | — | Jun 2010 | EIVPX vs GTSOX | |
| Cboe Vest US Large Cap 10% Buffer Fund | 7.28% | — | Aug 2016 | EIVPX vs BUIGX |
Lowest Volatility Alternatives to EIVPX
EIVPX has 6.91% 1-year volatility. There are 11 mutual funds in the Options Trading category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | 0.86% | — | Nov 2016 | EIVPX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | 3.60% | — | Apr 2012 | EIVPX vs STTIX | |
| MAI Managed Volatility Fund | 4.84% | — | Sep 2010 | EIVPX vs MAIPX | |
| Beacon Planned Return Strategy Fund | 5.17% | — | Oct 2017 | EIVPX vs BPRLX | |
| Rational Tactical Return Fund | 5.21% | — | Apr 2007 | EIVPX vs HRSTX |
Lowest Drawdown Alternatives to EIVPX
EIVPX has a 1-year max drawdown of -3.81%. There are 5 mutual funds in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Princeton Premium Fund | -0.25% | — | Nov 2016 | EIVPX vs PPFIX | |
| North SquareTrilogy Alternative Return Fund | -2.86% | — | Apr 2012 | EIVPX vs STTIX | |
| Rational Tactical Return Fund | -3.09% | — | Apr 2007 | EIVPX vs HRSTX | |
| MAI Managed Volatility Fund | -3.10% | — | Sep 2010 | EIVPX vs MAIPX | |
| Easterly Hedged Equity Fund | -3.49% | — | Jul 2015 | EIVPX vs JDIEX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 10 categories.
Often Compared With EIVPX
Investors most often compare EIVPX with SPY, LVHD, VFMV. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare EIVPX with Any Fund or Stock
Compare EIVPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EIVPX with funds that move differently
Parametric Volatility Risk Premium - Defensive Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EIVPX.
Explore EIVPX Diversifiers