APENX vs. ESIIX
Compare and contrast key facts about Cavanal Hill Strategic Enhanced Yield Fund (APENX) and Eaton Vance Strategic Income Fund Class I (ESIIX).
APENX is managed by Cavanal Hill funds. It was launched on Dec 25, 2017. ESIIX is an actively managed fund by Eaton Vance. It was launched on Apr 3, 2009.
Performance
APENX vs. ESIIX - Performance Comparison
Loading graphics...
APENX vs. ESIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APENX Cavanal Hill Strategic Enhanced Yield Fund | -0.44% | 7.88% | 3.28% | 4.87% | -12.87% | -0.01% | 5.73% | 6.77% | 2.87% | 0.00% |
ESIIX Eaton Vance Strategic Income Fund Class I | 0.53% | 12.46% | 6.66% | 8.52% | -2.32% | 1.59% | 7.80% | 7.65% | -2.44% | 0.06% |
Returns By Period
In the year-to-date period, APENX achieves a -0.44% return, which is significantly lower than ESIIX's 0.53% return.
APENX
- 1D
- 0.56%
- 1M
- -2.08%
- YTD
- -0.44%
- 6M
- 0.73%
- 1Y
- 4.60%
- 3Y*
- 4.35%
- 5Y*
- 0.75%
- 10Y*
- —
ESIIX
- 1D
- 0.15%
- 1M
- -2.15%
- YTD
- 0.53%
- 6M
- 3.43%
- 1Y
- 9.40%
- 3Y*
- 8.51%
- 5Y*
- 5.22%
- 10Y*
- 5.12%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APENX vs. ESIIX - Expense Ratio Comparison
APENX has a 1.01% expense ratio, which is lower than ESIIX's 1.21% expense ratio.
Return for Risk
APENX vs. ESIIX — Risk / Return Rank
APENX
ESIIX
APENX vs. ESIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cavanal Hill Strategic Enhanced Yield Fund (APENX) and Eaton Vance Strategic Income Fund Class I (ESIIX). 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.
| APENX | ESIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 3.12 | -1.92 |
Sortino ratioReturn per unit of downside risk | 1.70 | 4.43 | -2.73 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.71 | -0.49 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 3.99 | -2.23 |
Martin ratioReturn relative to average drawdown | 5.64 | 16.84 | -11.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| APENX | ESIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 3.12 | -1.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 1.67 | -1.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.45 | +0.02 |
Correlation
The correlation between APENX and ESIIX is 0.31, 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.
Dividends
APENX vs. ESIIX - Dividend Comparison
APENX's dividend yield for the trailing twelve months is around 3.60%, less than ESIIX's 7.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APENX Cavanal Hill Strategic Enhanced Yield Fund | 3.60% | 4.03% | 4.51% | 3.66% | 3.72% | 2.00% | 3.20% | 4.02% | 2.02% | 0.00% | 0.00% | 0.00% |
ESIIX Eaton Vance Strategic Income Fund Class I | 7.40% | 7.01% | 7.23% | 7.19% | 5.82% | 4.57% | 4.44% | 5.29% | 4.25% | 3.95% | 4.18% | 4.59% |
Drawdowns
APENX vs. ESIIX - Drawdown Comparison
The maximum APENX drawdown since its inception was -16.63%, smaller than the maximum ESIIX drawdown of -26.87%. Use the drawdown chart below to compare losses from any high point for APENX and ESIIX.
Loading graphics...
Drawdown Indicators
| APENX | ESIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.63% | -26.87% | +10.24% |
Max Drawdown (1Y)Largest decline over 1 year | -3.03% | -2.44% | -0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -6.18% | -9.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -12.25% | — |
Current DrawdownCurrent decline from peak | -2.08% | -2.15% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -4.55% | -4.76% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.58% | +0.37% |
Volatility
APENX vs. ESIIX - Volatility Comparison
Cavanal Hill Strategic Enhanced Yield Fund (APENX) has a higher volatility of 1.48% compared to Eaton Vance Strategic Income Fund Class I (ESIIX) at 1.32%. This indicates that APENX's price experiences larger fluctuations and is considered to be riskier than ESIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| APENX | ESIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 1.32% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 1.97% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 3.03% | +1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.74% | 3.15% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.27% | 3.15% | +1.12% |