EADOX vs. EVT
EADOX (Eaton Vance Emerging Markets Debt Opportunities Fund Class A) and EVT (Eaton Vance Tax-Advantaged Dividend Income Fund) are both mutual funds - EADOX is a Emerging Markets Bonds fund managed by Eaton Vance, while EVT is a Dividend fund managed by Eaton Vance. Over the past 10 years, EADOX returned 7.69%/yr vs 11.01%/yr for EVT. At a 0.35 correlation, their price movements are largely independent. EADOX charges 1.11%/yr vs 0.01%/yr for EVT.
Performance
EADOX vs. EVT - Performance Comparison
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Returns By Period
In the year-to-date period, EADOX achieves a 8.17% return, which is significantly lower than EVT's 12.44% return. Over the past 10 years, EADOX has underperformed EVT with an annualized return of 7.69%, while EVT has yielded a comparatively higher 11.01% annualized return.
EADOX
- 1D
- 0.00%
- 1M
- 0.52%
- 6M
- 6.74%
- YTD
- 8.17%
- 1Y
- 17.75%
- 3Y*
- 14.67%
- 5Y*
- 8.58%
- 10Y*
- 7.69%
EVT
- 1D
- -0.37%
- 1M
- 2.11%
- 6M
- 9.80%
- YTD
- 12.44%
- 1Y
- 22.23%
- 3Y*
- 14.38%
- 5Y*
- 7.98%
- 10Y*
- 11.01%
EADOX vs. EVT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EADOX Eaton Vance Emerging Markets Debt Opportunities Fund Class A | 8.17% | 16.93% | 14.52% | 11.13% | -6.42% | 1.24% | 7.12% | 17.85% | -4.44% | 12.58% |
EVT Eaton Vance Tax-Advantaged Dividend Income Fund | 12.44% | 13.79% | 17.34% | 5.78% | -17.33% | 33.94% | 1.72% | 44.71% | -11.92% | 21.80% |
Correlation
The correlation between EADOX and EVT is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.35 |
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Return for Risk
EADOX vs. EVT — Risk / Return Rank
EADOX
EVT
EADOX vs. EVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) and Eaton Vance Tax-Advantaged Dividend Income Fund (EVT). 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.
| EADOX | EVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.42 | ||
| Sortino ratioReturn per unit of downside risk | +5.73 | ||
| Omega ratioGain probability vs. loss probability | 2.44 | 1.32 | +1.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.89 | 2.42 | +2.47 |
| Martin ratioReturn relative to average drawdown | 19.86 | 10.05 | +9.81 |
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Drawdowns
EADOX vs. EVT - Drawdown Comparison
The maximum EADOX drawdown since its inception was -19.15%, smaller than the maximum EVT drawdown of -74.01%. Use the drawdown chart below to compare losses from any high point for EADOX and EVT.
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Drawdown Indicators
| EADOX | EVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.15% | -74.01% | +54.86% |
Max Drawdown (1Y)Largest decline over 1 year | -3.61% | -9.22% | +5.61% |
Max Drawdown (3Y)Largest decline over 3 years | -3.61% | -19.09% | +15.48% |
Max Drawdown (5Y)Largest decline over 5 years | -17.56% | -28.23% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | -19.15% | -52.03% | +32.88% |
Current DrawdownCurrent decline from peak | -0.23% | -1.93% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -2.50% | -11.08% | +8.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 2.22% | -1.33% |
Volatility
EADOX vs. EVT - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) is 0.71%, while Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) has a volatility of 3.79%. This indicates that EADOX experiences smaller price fluctuations and is considered to be less risky than EVT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EADOX | EVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 3.79% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | 10.11% | -7.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 12.47% | -9.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 17.16% | -12.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.68% | 20.61% | -15.93% |
EADOX vs. EVT - Expense Ratio Comparison
EADOX has a 1.11% expense ratio, which is higher than EVT's 0.01% expense ratio.
Dividends
EADOX vs. EVT - Dividend Comparison
EADOX's dividend yield for the trailing twelve months is around 10.36%, more than EVT's 7.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EADOX Eaton Vance Emerging Markets Debt Opportunities Fund Class A | 10.36% | 10.51% | 8.27% | 8.73% | 8.87% | 7.56% | 7.42% | 7.57% | 7.83% | 7.61% | 4.04% | 0.00% |
EVT Eaton Vance Tax-Advantaged Dividend Income Fund | 7.29% | 7.84% | 8.02% | 8.03% | 8.44% | 5.65% | 7.97% | 6.82% | 9.16% | 6.85% | 8.47% | 7.49% |
Frequently Asked Questions
EADOX and EVT have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVT has higher volatility (3.79%) compared to EADOX (0.71%). In terms of maximum drawdown, EADOX dropped -19.15% vs EVT's -74.01%.
EADOX currently has the higher Sharpe Ratio (5.21 vs 1.79), 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.
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