ALB vs. EVSD
ALB (Albemarle Corporation) is a stock, while EVSD (Eaton Vance Short Duration Income ETF) is Short-Term Bond fund actively managed by Eaton Vance. Over the past year, ALB returned 99.64% vs 4.35% for EVSD. At a 0.10 correlation, their price movements are largely independent.
Performance
ALB vs. EVSD - Performance Comparison
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Returns By Period
In the year-to-date period, ALB achieves a -8.32% return, which is significantly lower than EVSD's 1.07% return.
ALB
- 1D
- -3.57%
- 1M
- -16.79%
- 6M
- -18.01%
- YTD
- -8.32%
- 1Y
- 99.64%
- 3Y*
- -17.15%
- 5Y*
- -4.00%
- 10Y*
- 5.84%
EVSD
- 1D
- -0.14%
- 1M
- 0.45%
- 6M
- 0.95%
- YTD
- 1.07%
- 1Y
- 4.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALB vs. EVSD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ALB Albemarle Corporation | -8.32% | 67.72% | -16.13% |
EVSD Eaton Vance Short Duration Income ETF | 1.07% | 6.80% | 3.86% |
Correlation
The correlation between ALB and EVSD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2024 | 0.10 |
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Return for Risk
ALB vs. EVSD — Risk / Return Rank
ALB
EVSD
ALB vs. EVSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Eaton Vance Short Duration Income ETF (EVSD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALB | EVSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.58 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.46 | -0.96 |
| Martin ratioReturn relative to average drawdown | 7.62 | 14.44 | -6.82 |
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Drawdowns
ALB vs. EVSD - Drawdown Comparison
The maximum ALB drawdown since its inception was -83.90%, which is greater than EVSD's maximum drawdown of -1.26%. Use the drawdown chart below to compare losses from any high point for ALB and EVSD.
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Drawdown Indicators
| ALB | EVSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.90% | -1.26% | -82.64% |
Max Drawdown (1Y)Largest decline over 1 year | -40.01% | -1.26% | -38.75% |
Max Drawdown (3Y)Largest decline over 3 years | -78.60% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -83.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -83.90% | — | — |
Current DrawdownCurrent decline from peak | -58.26% | -0.14% | -58.12% |
Average DrawdownAverage peak-to-trough decline | -20.74% | -0.19% | -20.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.13% | 0.30% | +12.83% |
Volatility
ALB vs. EVSD - Volatility Comparison
Albemarle Corporation (ALB) has a higher volatility of 17.44% compared to Eaton Vance Short Duration Income ETF (EVSD) at 0.58%. This indicates that ALB's price experiences larger fluctuations and is considered to be riskier than EVSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALB | EVSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.44% | 0.58% | +16.86% |
Volatility (6M)Calculated over the trailing 6-month period | 43.53% | 1.24% | +42.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.48% | 1.57% | +60.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.87% | 1.94% | +52.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.40% | 1.94% | +46.46% |
Dividends
ALB vs. EVSD - Dividend Comparison
ALB's dividend yield for the trailing twelve months is around 1.26%, less than EVSD's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 1.26% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
EVSD Eaton Vance Short Duration Income ETF | 4.63% | 4.64% | 2.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ALB and EVSD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALB has higher volatility (17.44%) compared to EVSD (0.58%). In terms of maximum drawdown, ALB dropped -83.90% vs EVSD's -1.26%.
EVSD currently has the higher Sharpe Ratio (2.79 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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