Correlation
The correlation between AGEPX and EELDX is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AGEPX vs. EELDX
Compare and contrast key facts about American Beacon Frontier Markets Income Fund (AGEPX) and Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX).
AGEPX is managed by American Beacon. It was launched on Feb 24, 2014. EELDX is managed by Eaton Vance. It was launched on Feb 3, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGEPX or EELDX.
Performance
AGEPX vs. EELDX - Performance Comparison
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Key characteristics
AGEPX:
2.98
EELDX:
3.20
AGEPX:
4.15
EELDX:
4.44
AGEPX:
1.79
EELDX:
1.71
AGEPX:
2.56
EELDX:
3.21
AGEPX:
15.08
EELDX:
15.69
AGEPX:
0.82%
EELDX:
0.67%
AGEPX:
4.15%
EELDX:
3.44%
AGEPX:
-21.27%
EELDX:
-19.12%
AGEPX:
0.00%
EELDX:
-0.74%
Returns By Period
The year-to-date returns for both investments are quite close, with AGEPX having a 4.48% return and EELDX slightly higher at 4.55%. Over the past 10 years, AGEPX has underperformed EELDX with an annualized return of 5.45%, while EELDX has yielded a comparatively higher 6.21% annualized return.
AGEPX
4.48%
3.04%
5.25%
12.15%
9.84%
7.49%
5.45%
EELDX
4.55%
1.90%
5.56%
10.92%
11.07%
7.74%
6.21%
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AGEPX vs. EELDX - Expense Ratio Comparison
AGEPX has a 1.38% expense ratio, which is higher than EELDX's 0.78% expense ratio.
Risk-Adjusted Performance
AGEPX vs. EELDX — Risk-Adjusted Performance Rank
AGEPX
EELDX
AGEPX vs. EELDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Frontier Markets Income Fund (AGEPX) and Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AGEPX vs. EELDX - Dividend Comparison
AGEPX's dividend yield for the trailing twelve months is around 11.94%, more than EELDX's 7.80% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AGEPX American Beacon Frontier Markets Income Fund | 11.94% | 11.93% | 9.40% | 8.76% | 7.66% | 7.08% | 8.40% | 9.57% | 7.08% | 7.84% | 7.43% | 3.12% |
EELDX Eaton Vance Emerging Markets Debt Opportunities Fund | 7.80% | 8.63% | 9.07% | 9.15% | 7.89% | 7.69% | 7.87% | 8.13% | 7.87% | 4.12% | 1.65% | 3.98% |
Drawdowns
AGEPX vs. EELDX - Drawdown Comparison
The maximum AGEPX drawdown since its inception was -21.27%, which is greater than EELDX's maximum drawdown of -19.12%. Use the drawdown chart below to compare losses from any high point for AGEPX and EELDX.
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Volatility
AGEPX vs. EELDX - Volatility Comparison
The current volatility for American Beacon Frontier Markets Income Fund (AGEPX) is 1.14%, while Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) has a volatility of 1.40%. This indicates that AGEPX experiences smaller price fluctuations and is considered to be less risky than EELDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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