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 46 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 | 0.13% | 25.70B | Nov 2001 | ESHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ESHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | 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 91. There are 38 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 | 100 | — | Mar 2019 | ESHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ESHIX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | ESHIX vs FSHNX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | ESHIX vs SHOYX |
Top Performing ESHIX Alternatives (YTD)
ESHIX is at 1.79% YTD. There are 78 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 7.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | ESHIX vs XILSX | |
| Fidelity Capital & Income Fund | 7.96% | — | Nov 1977 | ESHIX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.29% | — | Oct 2018 | ESHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.16% | — | Jul 1995 | ESHIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.04% | — | Jan 1987 | ESHIX vs FAHYX |
Lowest Volatility Alternatives to ESHIX
ESHIX has 2.44% 1-year volatility. There are 18 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | ESHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | ESHIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | ESHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | ESHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ESHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | ESHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | ESHIX vs XILSX | |
| 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 RSIIX, FOCIX, PRFRX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverPark Strategic Income Fund | High Yield Bonds | 68 | 1.81% | — | Sep 2013 | ESHIX vs RSIIX | |
| Fairholme Focused Income Fund | High Yield Bonds | 34 | 6.37% | — | Dec 2009 | ESHIX vs FOCIX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.96% | — | Jul 2011 | ESHIX vs PRFRX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | ESHIX vs PSHNX | |
| Eaton Vance Emerging Markets Local Income Fund | Emerging Markets Bonds | 57 | 4.01% | — | Jun 2007 | ESHIX vs EEIAX | |
| Eaton Vance Atlanta Capital SMID-Cap Fund | Mid Cap Growth Equities | 2 | -1.57% | — | Apr 2002 | ESHIX vs EISMX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 97 | 2.13% | — | Feb 2011 | ESHIX vs SHYPX |
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