DHEIX vs. EVV
Compare and contrast key facts about Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) and Eaton Vance Limited Duration Income Fund (EVV).
DHEIX is a passively managed fund by Diamond Hill that tracks the performance of the Bloomberg US 1-3 Yr. Gov./Credit Index. It was launched on Jul 5, 2016. EVV is managed by Eaton Vance. It was launched on May 30, 2003.
Performance
DHEIX vs. EVV - Performance Comparison
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DHEIX vs. EVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 0.82% | 6.06% | 9.33% | 8.91% | -3.38% | 2.74% | 3.09% | 4.85% | 3.18% | 4.23% |
EVV Eaton Vance Limited Duration Income Fund | -2.49% | 10.72% | 12.22% | 13.33% | -19.94% | 14.66% | 4.67% | 18.91% | -5.53% | 7.48% |
Returns By Period
In the year-to-date period, DHEIX achieves a 0.82% return, which is significantly higher than EVV's -2.49% return.
DHEIX
- 1D
- 0.13%
- 1M
- -0.27%
- YTD
- 0.82%
- 6M
- 1.75%
- 1Y
- 5.26%
- 3Y*
- 7.69%
- 5Y*
- 4.48%
- 10Y*
- —
EVV
- 1D
- 4.13%
- 1M
- -3.42%
- YTD
- -2.49%
- 6M
- -2.69%
- 1Y
- 3.40%
- 3Y*
- 8.32%
- 5Y*
- 4.01%
- 10Y*
- 5.76%
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DHEIX vs. EVV - Expense Ratio Comparison
DHEIX has a 0.53% expense ratio, which is higher than EVV's 0.04% expense ratio.
Return for Risk
DHEIX vs. EVV — Risk / Return Rank
DHEIX
EVV
DHEIX vs. EVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) and Eaton Vance Limited Duration Income Fund (EVV). 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.
| DHEIX | EVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.60 | 0.30 | +4.30 |
Sortino ratioReturn per unit of downside risk | 8.07 | 0.47 | +7.60 |
Omega ratioGain probability vs. loss probability | 2.53 | 1.08 | +1.45 |
Calmar ratioReturn relative to maximum drawdown | 10.74 | 0.32 | +10.42 |
Martin ratioReturn relative to average drawdown | 40.46 | 1.19 | +39.27 |
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
| DHEIX | EVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.60 | 0.30 | +4.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.96 | 0.32 | +2.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.38 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.87 | 0.33 | +1.53 |
Correlation
The correlation between DHEIX and EVV is 0.08, 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
DHEIX vs. EVV - Dividend Comparison
DHEIX's dividend yield for the trailing twelve months is around 5.98%, less than EVV's 9.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHEIX Diamond Hill Short Duration Securitized Bond Fund Class I | 5.98% | 5.51% | 6.21% | 5.52% | 3.72% | 2.62% | 3.22% | 4.05% | 3.74% | 3.45% | 0.00% | 0.00% |
EVV Eaton Vance Limited Duration Income Fund | 9.28% | 8.86% | 9.78% | 10.43% | 12.78% | 9.16% | 9.58% | 6.42% | 8.44% | 7.22% | 8.46% | 9.56% |
Drawdowns
DHEIX vs. EVV - Drawdown Comparison
The maximum DHEIX drawdown since its inception was -12.33%, smaller than the maximum EVV drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for DHEIX and EVV.
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Drawdown Indicators
| DHEIX | EVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.33% | -51.37% | +39.04% |
Max Drawdown (1Y)Largest decline over 1 year | -0.50% | -8.65% | +8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -4.87% | -25.91% | +21.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.42% | — |
Current DrawdownCurrent decline from peak | -0.27% | -4.29% | +4.02% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -6.32% | +5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.13% | 2.33% | -2.20% |
Volatility
DHEIX vs. EVV - Volatility Comparison
The current volatility for Diamond Hill Short Duration Securitized Bond Fund Class I (DHEIX) is 0.38%, while Eaton Vance Limited Duration Income Fund (EVV) has a volatility of 5.62%. This indicates that DHEIX experiences smaller price fluctuations and is considered to be less risky than EVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHEIX | EVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.38% | 5.62% | -5.24% |
Volatility (6M)Calculated over the trailing 6-month period | 0.73% | 6.94% | -6.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.15% | 11.29% | -10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.52% | 12.52% | -11.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.28% | 15.42% | -13.14% |