AGEYX vs. EIDOX

Last updated Apr 1, 2026

Compare and contrast key facts about American Beacon Developing World Income Fund Class Y (AGEYX) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX).

AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014. EIDOX is a passively managed fund by Eaton Vance that tracks the performance of the J.P. Morgan EMB (JEMB) Hard Currency / Local Currency 50-50 Index. It was launched on Sep 3, 2015. Both AGEYX and EIDOX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AGEYX vs. EIDOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon Developing World Income Fund Class Y (AGEYX) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX). The values are adjusted to include any dividend payments, if applicable.

AGEYX vs. EIDOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGEYX American Beacon Developing World Income Fund Class Y	1.59%	19.15%	15.85%	13.10%	-12.62%	6.91%	2.54%	13.49%	-3.42%	15.26%
EIDOX Eaton Vance Emerging Markets Debt Opportunities Fund Class I	1.56%	15.59%	14.78%	11.40%	-6.25%	1.52%	7.39%	18.25%	-4.28%	12.97%

Returns By Period

The year-to-date returns for both stocks are quite close, with AGEYX having a 1.59% return and EIDOX slightly lower at 1.56%. Both investments have delivered pretty close results over the past 10 years, with AGEYX having a 7.77% annualized return and EIDOX not far behind at 7.72%.

AGEYX

• 1D: -0.53%
• 1M: -3.02%
• YTD: 1.59%
• 6M: 7.64%
• 1Y: 18.64%
• 3Y*: 16.31%
• 5Y*: 8.13%
• 10Y*: 7.77%

EIDOX

• 1D: 0.12%
• 1M: -2.39%
• YTD: 1.56%
• 6M: 6.74%
• 1Y: 15.27%
• 3Y*: 13.69%
• 5Y*: 7.66%
• 10Y*: 7.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGEYX vs. EIDOX - Expense Ratio Comparison

AGEYX has a 1.14% expense ratio, which is higher than EIDOX's 0.79% expense ratio.

AGEYX

American Beacon Developing World Income Fund Class Y

EIDOX

Eaton Vance Emerging Markets Debt Opportunities Fund Class I

Return for Risk

AGEYX vs. EIDOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGEYX

AGEYX Risk / Return Rank: 98
AGEYX Sharpe Ratio Rank: 99
AGEYX Sortino Ratio Rank: 98
AGEYX Omega Ratio Rank: 98
AGEYX Calmar Ratio Rank: 97
AGEYX Martin Ratio Rank: 98

EIDOX

EIDOX Risk / Return Rank: 98
EIDOX Sharpe Ratio Rank: 100
EIDOX Sortino Ratio Rank: 99
EIDOX Omega Ratio Rank: 98
EIDOX Calmar Ratio Rank: 97
EIDOX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGEYX vs. EIDOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon Developing World Income Fund Class Y (AGEYX) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX). 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.

	AGEYX	EIDOX	Difference
Sharpe ratio Return per unit of total volatility	3.96	4.24	-0.28
Sortino ratio Return per unit of downside risk	5.44	5.83	-0.40
Omega ratio Gain probability vs. loss probability	2.04	2.06	-0.02
Calmar ratio Return relative to maximum drawdown	4.15	4.21	-0.06
Martin ratio Return relative to average drawdown	21.19	16.91	+4.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGEYX vs. EIDOX - Sharpe Ratio Comparison

The current AGEYX Sharpe Ratio is 3.96, which is comparable to the EIDOX Sharpe Ratio of 4.24. The chart below compares the historical Sharpe Ratios of AGEYX and EIDOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AGEYX	EIDOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.96	4.24	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.60	1.67	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.56	1.63	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	1.65	-0.34

Correlation

The correlation between AGEYX and EIDOX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AGEYX vs. EIDOX - Dividend Comparison

AGEYX's dividend yield for the trailing twelve months is around 9.85%, less than EIDOX's 11.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGEYX American Beacon Developing World Income Fund Class Y	9.15%	9.99%	12.16%	9.64%	7.50%	7.90%	7.34%	8.61%	9.88%	7.30%	8.43%	7.03%
EIDOX Eaton Vance Emerging Markets Debt Opportunities Fund Class I	11.11%	9.41%	8.52%	8.97%	9.13%	7.82%	7.66%	7.81%	8.10%	7.85%	4.10%	0.00%

Drawdowns

AGEYX vs. EIDOX - Drawdown Comparison

The maximum AGEYX drawdown since its inception was -22.24%, which is greater than EIDOX's maximum drawdown of -19.06%. Use the drawdown chart below to compare losses from any high point for AGEYX and EIDOX.

Drawdown Indicators

	AGEYX	EIDOX	Difference
Max Drawdown Largest peak-to-trough decline	-22.24%	-19.06%	-3.18%
Max Drawdown (1Y) Largest decline over 1 year	-4.14%	-3.56%	-0.58%
Max Drawdown (5Y) Largest decline over 5 years	-22.24%	-17.42%	-4.82%
Max Drawdown (10Y) Largest decline over 10 years	-22.24%	-19.06%	-3.18%
Current Drawdown Current decline from peak	-3.15%	-3.45%	+0.30%
Average Drawdown Average peak-to-trough decline	-3.59%	-2.50%	-1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	0.89%	-0.03%

Volatility

AGEYX vs. EIDOX - Volatility Comparison

American Beacon Developing World Income Fund Class Y (AGEYX) and Eaton Vance Emerging Markets Debt Opportunities Fund Class I (EIDOX) have volatilities of 1.74% and 1.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGEYX	EIDOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	1.78%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	2.84%	2.69%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	4.65%	3.59%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.12%	4.61%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	4.76%	+0.24%