BROIX vs. EIISX

Last updated Aug 4, 2026

BROIX (BlackRock Advantage International Fund) and EIISX (Parametric International Equity Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, BROIX returned 10.08%/yr vs 8.99%/yr for EIISX. Their correlation of 0.93 means they have usually moved in the same direction. Both charge a 0.50% expense ratio.

Performance

BROIX vs. EIISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage International Fund (BROIX) and Parametric International Equity Fund (EIISX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BROIX achieves a 12.95% return, which is significantly higher than EIISX's 9.32% return. Over the past 10 years, BROIX has outperformed EIISX with an annualized return of 10.08%, while EIISX has yielded a comparatively lower 8.99% annualized return.

BROIX

• 1D: -0.64%
• 1M: 1.29%
• 6M: 6.80%
• YTD: 12.95%
• 1Y: 26.45%
• 3Y*: 18.37%
• 5Y*: 11.04%
• 10Y*: 10.08%
• ALL TIME*: 7.23%

EIISX

• 1D: -0.93%
• 1M: 2.72%
• 6M: 5.06%
• YTD: 9.32%
• 1Y: 17.94%
• 3Y*: 16.21%
• 5Y*: 8.13%
• 10Y*: 8.99%
• ALL TIME*: 7.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BROIX BlackRock Advantage International Fund	$0.00	$0.00	$0.00
EIISX Parametric International Equity Fund	$0.00	$0.00	$0.00

BROIX vs. EIISX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BROIX BlackRock Advantage International Fund	12.95%	32.45%	6.76%	19.44%	-13.48%	13.07%	7.34%	21.61%	-15.07%	24.20%
EIISX Parametric International Equity Fund	9.32%	28.86%	7.31%	15.85%	-15.68%	8.76%	9.96%	22.12%	-11.62%	25.72%

Correlation

The correlation between BROIX and EIISX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Apr 1, 2010	0.93

The correlation between BROIX and EIISX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

BROIX vs. EIISX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BROIX

BROIX Risk / Return Rank: 66
BROIX Sharpe Ratio Rank: 66
BROIX Sortino Ratio Rank: 64
BROIX Omega Ratio Rank: 62
BROIX Calmar Ratio Rank: 70
BROIX Martin Ratio Rank: 70

EIISX

EIISX Risk / Return Rank: 57
EIISX Sharpe Ratio Rank: 62
EIISX Sortino Ratio Rank: 61
EIISX Omega Ratio Rank: 59
EIISX Calmar Ratio Rank: 53
EIISX Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BROIX vs. EIISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage International Fund (BROIX) and Parametric International Equity Fund (EIISX). 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.

	BROIX	EIISX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	1.61	+0.04
Sortino ratio: Return per unit of downside risk	2.34	2.31	+0.04
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	2.38	2.08	+0.30
Martin ratio: Return relative to average drawdown	9.19	7.38	+1.81

BROIX vs. EIISX - Sharpe Ratio Comparison

The current BROIX Sharpe Ratio is 1.65, which is comparable to the EIISX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of BROIX and EIISX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BROIX vs. EIISX - Drawdown Comparison

The maximum BROIX drawdown since its inception was -54.49%, which is greater than EIISX's maximum drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for BROIX and EIISX.

Drawdown Indicators

	BROIX	EIISX	Difference
Max Drawdown Largest peak-to-trough decline	-54.49%	-33.36%	-21.13%
Max Drawdown (1Y) Largest decline over 1 year	-11.12%	-8.90%	-2.22%
Max Drawdown (3Y) Largest decline over 3 years	-14.05%	-10.55%	-3.50%
Max Drawdown (5Y) Largest decline over 5 years	-28.24%	-31.33%	+3.09%
Max Drawdown (10Y) Largest decline over 10 years	-36.24%	-33.36%	-2.88%
Current Drawdown Current decline from peak	-0.64%	-0.93%	+0.29%
Average Drawdown Average peak-to-trough decline	-9.77%	-6.58%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.51%	+0.37%

Volatility

BROIX vs. EIISX - Volatility Comparison

BlackRock Advantage International Fund (BROIX) has a higher volatility of 4.71% compared to Parametric International Equity Fund (EIISX) at 3.38%. This indicates that BROIX's price experiences larger fluctuations and is considered to be riskier than EIISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BROIX	EIISX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	3.38%	+1.33%
Volatility (6M) Calculated over the trailing 6-month period	13.72%	9.48%	+4.24%
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	11.54%	+4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.31%	14.54%	+1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.40%	15.09%	+1.31%

BROIX vs. EIISX - Expense Ratio Comparison

Both BROIX and EIISX have an expense ratio of 0.50%.

Dividends

BROIX vs. EIISX - Dividend Comparison

BROIX's dividend yield for the trailing twelve months is around 7.40%, less than EIISX's 12.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BROIX BlackRock Advantage International Fund	7.40%	7.13%	3.55%	2.71%	3.37%	8.52%	1.72%	2.67%	2.69%	0.72%	2.09%	0.78%
EIISX Parametric International Equity Fund	12.31%	13.46%	10.34%	3.29%	4.37%	4.77%	1.55%	3.10%	3.18%	2.80%	1.81%	2.59%

Frequently Asked Questions

Can I hold both BROIX and EIISX in my portfolio?

With a correlation of 0.90, BROIX and EIISX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BROIX or EIISX?

BROIX has higher volatility (4.71%) compared to EIISX (3.38%). In terms of maximum drawdown, BROIX dropped -54.49% vs EIISX's -33.36%.

Which has better risk-adjusted returns?

BROIX currently has the higher Sharpe Ratio (1.65 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.