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EADOX vs. FFRHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EADOX and FFRHX is 0.28, 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.


Performance

EADOX vs. FFRHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) and Fidelity Floating Rate High Income Fund (FFRHX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EADOX:

3.28

FFRHX:

1.88

Sortino Ratio

EADOX:

4.96

FFRHX:

3.06

Omega Ratio

EADOX:

1.79

FFRHX:

1.71

Calmar Ratio

EADOX:

3.41

FFRHX:

1.85

Martin Ratio

EADOX:

16.22

FFRHX:

8.91

Ulcer Index

EADOX:

0.68%

FFRHX:

0.68%

Daily Std Dev

EADOX:

3.31%

FFRHX:

3.22%

Max Drawdown

EADOX:

-19.15%

FFRHX:

-22.19%

Current Drawdown

EADOX:

0.00%

FFRHX:

-0.22%

Returns By Period

In the year-to-date period, EADOX achieves a 5.08% return, which is significantly higher than FFRHX's 0.55% return.


EADOX

YTD

5.08%

1M

2.99%

6M

6.40%

1Y

10.78%

3Y*

11.47%

5Y*

7.87%

10Y*

N/A

FFRHX

YTD

0.55%

1M

2.18%

6M

1.76%

1Y

6.07%

3Y*

8.09%

5Y*

7.41%

10Y*

4.62%

*Annualized

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EADOX vs. FFRHX - Expense Ratio Comparison

EADOX has a 1.11% expense ratio, which is higher than FFRHX's 0.67% expense ratio.


Risk-Adjusted Performance

EADOX vs. FFRHX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EADOX
The Risk-Adjusted Performance Rank of EADOX is 9797
Overall Rank
The Sharpe Ratio Rank of EADOX is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of EADOX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of EADOX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of EADOX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of EADOX is 9797
Martin Ratio Rank

FFRHX
The Risk-Adjusted Performance Rank of FFRHX is 9393
Overall Rank
The Sharpe Ratio Rank of FFRHX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of FFRHX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of FFRHX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of FFRHX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of FFRHX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EADOX vs. FFRHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) and Fidelity Floating Rate High Income Fund (FFRHX). 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.


The current EADOX Sharpe Ratio is 3.28, which is higher than the FFRHX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of EADOX and FFRHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EADOX vs. FFRHX - Dividend Comparison

EADOX's dividend yield for the trailing twelve months is around 8.13%, which matches FFRHX's 8.05% yield.


TTM20242023202220212020201920182017201620152014
EADOX
Eaton Vance Emerging Markets Debt Opportunities Fund Class A
8.13%8.33%8.79%8.92%7.53%7.39%7.56%7.84%7.62%4.05%1.37%0.00%
FFRHX
Fidelity Floating Rate High Income Fund
8.05%8.33%8.25%5.06%3.27%3.85%5.17%4.75%4.01%3.94%4.25%4.00%

Drawdowns

EADOX vs. FFRHX - Drawdown Comparison

The maximum EADOX drawdown since its inception was -19.15%, smaller than the maximum FFRHX drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for EADOX and FFRHX. For additional features, visit the drawdowns tool.


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Volatility

EADOX vs. FFRHX - Volatility Comparison

Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) has a higher volatility of 1.16% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.89%. This indicates that EADOX's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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