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ANGLX vs. EIRRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ANGLX and EIRRX is 0.03, 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.


Performance

ANGLX vs. EIRRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Angel Oak Multi-Strategy Income Fund (ANGLX) and Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ANGLX:

2.71

EIRRX:

3.28

Sortino Ratio

ANGLX:

4.80

EIRRX:

5.11

Omega Ratio

ANGLX:

1.62

EIRRX:

1.83

Calmar Ratio

ANGLX:

1.15

EIRRX:

5.90

Martin Ratio

ANGLX:

12.00

EIRRX:

27.61

Ulcer Index

ANGLX:

0.65%

EIRRX:

0.25%

Daily Std Dev

ANGLX:

2.88%

EIRRX:

2.08%

Max Drawdown

ANGLX:

-16.40%

EIRRX:

-10.28%

Current Drawdown

ANGLX:

-0.71%

EIRRX:

-0.29%

Returns By Period

In the year-to-date period, ANGLX achieves a 1.89% return, which is significantly lower than EIRRX's 3.06% return. Over the past 10 years, ANGLX has underperformed EIRRX with an annualized return of 1.87%, while EIRRX has yielded a comparatively higher 3.57% annualized return.


ANGLX

YTD

1.89%

1M

0.32%

6M

2.55%

1Y

7.89%

5Y*

2.40%

10Y*

1.87%

EIRRX

YTD

3.06%

1M

1.19%

6M

3.25%

1Y

6.86%

5Y*

5.88%

10Y*

3.57%

*Annualized

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ANGLX vs. EIRRX - Expense Ratio Comparison

ANGLX has a 1.21% expense ratio, which is higher than EIRRX's 0.64% expense ratio.


Risk-Adjusted Performance

ANGLX vs. EIRRX — Risk-Adjusted Performance Rank

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

ANGLX
The Risk-Adjusted Performance Rank of ANGLX is 9494
Overall Rank
The Sharpe Ratio Rank of ANGLX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGLX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of ANGLX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of ANGLX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of ANGLX is 9595
Martin Ratio Rank

EIRRX
The Risk-Adjusted Performance Rank of EIRRX is 9898
Overall Rank
The Sharpe Ratio Rank of EIRRX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of EIRRX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of EIRRX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of EIRRX is 9898
Calmar Ratio Rank
The Martin Ratio Rank of EIRRX is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ANGLX vs. EIRRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Angel Oak Multi-Strategy Income Fund (ANGLX) and Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX). 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.


The current ANGLX Sharpe Ratio is 2.71, which is comparable to the EIRRX Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of ANGLX and EIRRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ANGLX vs. EIRRX - Dividend Comparison

ANGLX's dividend yield for the trailing twelve months is around 5.73%, more than EIRRX's 4.39% yield.


TTM20242023202220212020201920182017201620152014
ANGLX
Angel Oak Multi-Strategy Income Fund
5.73%5.82%5.73%5.46%4.71%4.36%4.53%4.71%4.99%6.34%6.74%5.05%
EIRRX
Eaton Vance Short Duration Inflation-Protected Income Fund
4.39%4.09%4.50%5.07%3.54%2.20%2.67%2.92%2.14%2.25%2.05%2.34%

Drawdowns

ANGLX vs. EIRRX - Drawdown Comparison

The maximum ANGLX drawdown since its inception was -16.40%, which is greater than EIRRX's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for ANGLX and EIRRX. For additional features, visit the drawdowns tool.


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Volatility

ANGLX vs. EIRRX - Volatility Comparison

The current volatility for Angel Oak Multi-Strategy Income Fund (ANGLX) is 0.81%, while Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) has a volatility of 0.94%. This indicates that ANGLX experiences smaller price fluctuations and is considered to be less risky than EIRRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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