EADOX vs. SPY
Compare and contrast key facts about Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) and State Street SPDR S&P 500 ETF (SPY).
EADOX is managed by Eaton Vance. It was launched on Sep 3, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
EADOX vs. SPY - Performance Comparison
Loading graphics...
EADOX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EADOX Eaton Vance Emerging Markets Debt Opportunities Fund Class A | 1.47% | 16.93% | 14.52% | 11.13% | -6.42% | 1.24% | 7.12% | 17.85% | -4.44% | 12.58% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, EADOX achieves a 1.47% return, which is significantly higher than SPY's -3.65% return. Over the past 10 years, EADOX has underperformed SPY with an annualized return of 7.58%, while SPY has yielded a comparatively higher 14.06% annualized return.
EADOX
- 1D
- 0.12%
- 1M
- -2.42%
- YTD
- 1.47%
- 6M
- 6.71%
- 1Y
- 14.97%
- 3Y*
- 13.94%
- 5Y*
- 7.71%
- 10Y*
- 7.58%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EADOX vs. SPY - Expense Ratio Comparison
EADOX has a 1.11% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
EADOX vs. SPY — Risk / Return Rank
EADOX
SPY
EADOX vs. SPY - 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 State Street SPDR S&P 500 ETF (SPY). 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.
| EADOX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.12 | 0.96 | +3.17 |
Sortino ratioReturn per unit of downside risk | 5.77 | 1.49 | +4.28 |
Omega ratioGain probability vs. loss probability | 2.06 | 1.23 | +0.83 |
Calmar ratioReturn relative to maximum drawdown | 4.06 | 1.53 | +2.53 |
Martin ratioReturn relative to average drawdown | 16.37 | 7.27 | +9.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EADOX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.12 | 0.96 | +3.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.71 | 0.70 | +1.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.61 | 0.79 | +0.82 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.63 | 0.56 | +1.06 |
Correlation
The correlation between EADOX and SPY is 0.36, 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
EADOX vs. SPY - Dividend Comparison
EADOX's dividend yield for the trailing twelve months is around 10.84%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EADOX Eaton Vance Emerging Markets Debt Opportunities Fund Class A | 10.84% | 10.51% | 8.27% | 8.73% | 8.87% | 7.56% | 7.42% | 7.57% | 7.83% | 7.61% | 4.04% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
EADOX vs. SPY - Drawdown Comparison
The maximum EADOX drawdown since its inception was -19.15%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EADOX and SPY.
Loading graphics...
Drawdown Indicators
| EADOX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.15% | -55.19% | +36.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.61% | -12.05% | +8.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.56% | -24.50% | +6.94% |
Max Drawdown (10Y)Largest decline over 10 years | -19.15% | -33.72% | +14.57% |
Current DrawdownCurrent decline from peak | -3.50% | -5.53% | +2.03% |
Average DrawdownAverage peak-to-trough decline | -2.56% | -9.09% | +6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 2.54% | -1.64% |
Volatility
EADOX vs. SPY - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund Class A (EADOX) is 1.77%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.35%. This indicates that EADOX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EADOX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 5.35% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 9.50% | -6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.61% | 19.06% | -15.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.53% | 17.06% | -12.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 17.92% | -13.20% |