Eaton Vance Short Duration High Income Fund (ESHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ESHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ESHIX
ESHIX charges 0.66% annually. There are 47 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | ESHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | ESHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ESHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | ESHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | ESHIX vs CRDOX |
Best Risk-Adjusted Alternatives to ESHIX
ESHIX has a PortfoliosLab risk / return rank of 93. There are 20 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | ESHIX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | ESHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ESHIX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | ESHIX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | ESHIX vs PSHNX |
Top Performing ESHIX Alternatives (YTD)
ESHIX is at 1.84% YTD. There are 59 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | ESHIX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | ESHIX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | ESHIX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | ESHIX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | ESHIX vs FIQTX |
Lowest Volatility Alternatives to ESHIX
ESHIX has 2.44% 1-year volatility. There are 19 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | ESHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | ESHIX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | ESHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | ESHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | ESHIX vs OSTIX |
Lowest Drawdown Alternatives to ESHIX
ESHIX has a 1-year max drawdown of -1.56%. There are 20 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | ESHIX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ESHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | ESHIX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | ESHIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | ESHIX vs SCFIX |
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 ESHIX
Investors most often compare ESHIX with EHSTX, RSIIX, FAHCX. These 10 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Large-Cap Value Fund | Large Cap Value Equities | 87 | 17.25% | — | Sep 1931 | ESHIX vs EHSTX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 69 | 2.32% | — | Sep 2013 | ESHIX vs RSIIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 71 | 4.88% | — | Jul 1995 | ESHIX vs FAHCX | |
| T. Rowe Price Floating Rate Fund - Investor Class | High Yield Bonds | 90 | 1.84% | — | Jul 2011 | ESHIX vs PRFRX | |
| Eaton Vance Emerging Markets Local Income Fund | Emerging Markets Bonds | 78 | 4.98% | — | Jun 2007 | ESHIX vs EEIAX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 67 | 4.77% | — | Jan 1987 | ESHIX vs FAHYX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 1.93% | — | Feb 2011 | ESHIX vs SHOYX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.75% | — | Feb 2011 | ESHIX vs SHYPX | |
| Eaton Vance Atlanta Capital SMID-Cap Fund | Mid Cap Growth Equities | 4 | 5.24% | — | Apr 2002 | ESHIX vs EISMX | |
| Fidelity Series High Income Fund | High Yield Bonds | 95 | 2.61% | — | Mar 2011 | ESHIX vs FSHNX |
Compare ESHIX with Any Fund or Stock
Compare ESHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ESHIX with funds that move differently
Eaton Vance Short Duration High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ESHIX.
Explore ESHIX Diversifiers