EADIX vs. PIPAX
Compare and contrast key facts about Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX).
EADIX is managed by Blackrock. It was launched on May 29, 2003. PIPAX is managed by PIMCO. It was launched on Oct 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EADIX or PIPAX.
Key characteristics
| EADIX | PIPAX | |
|---|---|---|
| YTD Return | 11.50% | 12.29% |
| 1Y Return | 18.98% | 17.14% |
| 3Y Return (Ann) | 4.56% | 5.02% |
| 5Y Return (Ann) | 10.82% | 7.45% |
| 10Y Return (Ann) | 8.57% | 6.81% |
| Sharpe Ratio | 1.58 | 1.66 |
| Sortino Ratio | 2.22 | 2.12 |
| Omega Ratio | 1.28 | 1.33 |
| Calmar Ratio | 2.08 | 1.70 |
| Martin Ratio | 8.75 | 8.59 |
| Ulcer Index | 2.16% | 2.20% |
| Daily Std Dev | 11.97% | 11.37% |
| Max Drawdown | -52.47% | -58.00% |
| Current Drawdown | -2.89% | -3.41% |
Correlation
The correlation between EADIX and PIPAX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EADIX vs. PIPAX - Performance Comparison
In the year-to-date period, EADIX achieves a 11.50% return, which is significantly lower than PIPAX's 12.29% return. Over the past 10 years, EADIX has outperformed PIPAX with an annualized return of 8.57%, while PIPAX has yielded a comparatively lower 6.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EADIX vs. PIPAX - Expense Ratio Comparison
EADIX has a 1.18% expense ratio, which is higher than PIPAX's 1.15% expense ratio.
Risk-Adjusted Performance
EADIX vs. PIPAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX). 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.
Dividends
EADIX vs. PIPAX - Dividend Comparison
EADIX's dividend yield for the trailing twelve months is around 4.05%, less than PIPAX's 13.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EADIX Eaton Vance Tax-Managed Global Dividend Income Fund | 4.05% | 4.00% | 5.45% | 2.61% | 3.12% | 3.18% | 3.95% | 3.09% | 3.92% | 3.84% | 3.92% | 3.78% |
PIPAX PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A | 13.80% | 9.88% | 5.75% | 7.60% | 1.44% | 9.01% | 1.46% | 7.39% | 0.79% | 8.15% | 12.09% | 5.75% |
Drawdowns
EADIX vs. PIPAX - Drawdown Comparison
The maximum EADIX drawdown since its inception was -52.47%, smaller than the maximum PIPAX drawdown of -58.00%. Use the drawdown chart below to compare losses from any high point for EADIX and PIPAX. For additional features, visit the drawdowns tool.
Volatility
EADIX vs. PIPAX - Volatility Comparison
Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) has a higher volatility of 2.86% compared to PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX) at 2.59%. This indicates that EADIX's price experiences larger fluctuations and is considered to be riskier than PIPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.