DEMIX vs. EICOX
Compare and contrast key facts about Delaware Emerging Markets Fund (DEMIX) and Eaton Vance Emerging and Frontier Countries Equity Fund (EICOX).
DEMIX is managed by Delaware Funds. It was launched on Jun 9, 1996. EICOX is managed by Eaton Vance. It was launched on Nov 2, 2014.
Performance
DEMIX vs. EICOX - Performance Comparison
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DEMIX vs. EICOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEMIX Delaware Emerging Markets Fund | 13.36% | 86.79% | 6.52% | 17.59% | -28.66% | -2.08% | 26.09% | 24.33% | -17.10% | 41.98% |
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund | 0.16% | 33.22% | 11.99% | 25.78% | -14.59% | 13.43% | 13.46% | 12.59% | -14.57% | 31.41% |
Returns By Period
In the year-to-date period, DEMIX achieves a 13.36% return, which is significantly higher than EICOX's 0.16% return. Over the past 10 years, DEMIX has outperformed EICOX with an annualized return of 14.40%, while EICOX has yielded a comparatively lower 11.08% annualized return.
DEMIX
- 1D
- 0.99%
- 1M
- -18.24%
- YTD
- 13.36%
- 6M
- 43.46%
- 1Y
- 104.80%
- 3Y*
- 35.24%
- 5Y*
- 12.50%
- 10Y*
- 14.40%
EICOX
- 1D
- -0.60%
- 1M
- -12.87%
- YTD
- 0.16%
- 6M
- 6.66%
- 1Y
- 28.05%
- 3Y*
- 20.33%
- 5Y*
- 12.21%
- 10Y*
- 11.08%
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DEMIX vs. EICOX - Expense Ratio Comparison
DEMIX has a 1.26% expense ratio, which is lower than EICOX's 1.31% expense ratio.
Return for Risk
DEMIX vs. EICOX — Risk / Return Rank
DEMIX
EICOX
DEMIX vs. EICOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Emerging Markets Fund (DEMIX) and Eaton Vance Emerging and Frontier Countries Equity Fund (EICOX). 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.
| DEMIX | EICOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.11 | 1.60 | +1.51 |
Sortino ratioReturn per unit of downside risk | 3.29 | 1.98 | +1.31 |
Omega ratioGain probability vs. loss probability | 1.51 | 1.33 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 4.81 | 1.77 | +3.04 |
Martin ratioReturn relative to average drawdown | 18.57 | 6.64 | +11.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DEMIX | EICOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.11 | 1.60 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.94 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.84 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.62 | -0.18 |
Correlation
The correlation between DEMIX and EICOX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DEMIX vs. EICOX - Dividend Comparison
DEMIX's dividend yield for the trailing twelve months is around 16.74%, more than EICOX's 3.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMIX Delaware Emerging Markets Fund | 16.74% | 18.97% | 1.99% | 2.95% | 1.89% | 3.42% | 0.87% | 0.80% | 0.65% | 1.80% | 0.94% | 0.30% |
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund | 3.68% | 3.68% | 2.02% | 1.95% | 5.72% | 2.71% | 0.10% | 2.00% | 2.95% | 0.00% | 0.59% | 2.35% |
Drawdowns
DEMIX vs. EICOX - Drawdown Comparison
The maximum DEMIX drawdown since its inception was -63.15%, which is greater than EICOX's maximum drawdown of -38.75%. Use the drawdown chart below to compare losses from any high point for DEMIX and EICOX.
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Drawdown Indicators
| DEMIX | EICOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.15% | -38.75% | -24.40% |
Max Drawdown (1Y)Largest decline over 1 year | -20.32% | -13.40% | -6.92% |
Max Drawdown (5Y)Largest decline over 5 years | -43.95% | -22.46% | -21.49% |
Max Drawdown (10Y)Largest decline over 10 years | -46.29% | -38.75% | -7.54% |
Current DrawdownCurrent decline from peak | -19.53% | -13.40% | -6.13% |
Average DrawdownAverage peak-to-trough decline | -18.54% | -8.79% | -9.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 3.57% | +1.69% |
Volatility
DEMIX vs. EICOX - Volatility Comparison
Delaware Emerging Markets Fund (DEMIX) has a higher volatility of 19.15% compared to Eaton Vance Emerging and Frontier Countries Equity Fund (EICOX) at 8.03%. This indicates that DEMIX's price experiences larger fluctuations and is considered to be riskier than EICOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEMIX | EICOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.15% | 8.03% | +11.12% |
Volatility (6M)Calculated over the trailing 6-month period | 28.50% | 11.48% | +17.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.36% | 16.00% | +17.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.11% | 13.10% | +10.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.94% | 13.29% | +8.65% |