EAEAX vs. FASGX
Compare and contrast key facts about Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) and Fidelity Asset Manager 70% Fund (FASGX).
EAEAX is managed by BlackRock. It was launched on Mar 3, 2002. FASGX is managed by BlackRock. It was launched on Dec 30, 1991.
Performance
EAEAX vs. FASGX - Performance Comparison
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EAEAX vs. FASGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EAEAX Eaton Vance Tax-Managed Equity Asset Allocation Fund | -6.63% | 12.06% | 17.99% | 20.69% | -18.19% | 21.24% | 15.47% | 27.44% | -5.86% | 19.16% |
FASGX Fidelity Asset Manager 70% Fund | -2.99% | 18.23% | 10.81% | 16.45% | -16.83% | 13.98% | 17.19% | 22.81% | -7.65% | 17.34% |
Returns By Period
In the year-to-date period, EAEAX achieves a -6.63% return, which is significantly lower than FASGX's -2.99% return. Over the past 10 years, EAEAX has outperformed FASGX with an annualized return of 10.18%, while FASGX has yielded a comparatively lower 8.70% annualized return.
EAEAX
- 1D
- -0.25%
- 1M
- -8.13%
- YTD
- -6.63%
- 6M
- -4.39%
- 1Y
- 8.28%
- 3Y*
- 12.12%
- 5Y*
- 7.03%
- 10Y*
- 10.18%
FASGX
- 1D
- -0.24%
- 1M
- -7.42%
- YTD
- -2.99%
- 6M
- -0.12%
- 1Y
- 15.54%
- 3Y*
- 11.72%
- 5Y*
- 6.38%
- 10Y*
- 8.70%
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EAEAX vs. FASGX - Expense Ratio Comparison
EAEAX has a 1.25% expense ratio, which is higher than FASGX's 0.67% expense ratio.
Return for Risk
EAEAX vs. FASGX — Risk / Return Rank
EAEAX
FASGX
EAEAX vs. FASGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) and Fidelity Asset Manager 70% Fund (FASGX). 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.
| EAEAX | FASGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 1.21 | -0.68 |
Sortino ratioReturn per unit of downside risk | 0.88 | 1.73 | -0.85 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.26 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.58 | 1.55 | -0.97 |
Martin ratioReturn relative to average drawdown | 2.62 | 6.89 | -4.27 |
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
| EAEAX | FASGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 1.21 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.70 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.60 | -0.16 |
Correlation
The correlation between EAEAX and FASGX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EAEAX vs. FASGX - Dividend Comparison
EAEAX's dividend yield for the trailing twelve months is around 4.60%, less than FASGX's 7.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAEAX Eaton Vance Tax-Managed Equity Asset Allocation Fund | 4.60% | 4.29% | 0.80% | 0.53% | 0.79% | 2.58% | 0.57% | 1.87% | 2.12% | 3.13% | 1.10% | 6.32% |
FASGX Fidelity Asset Manager 70% Fund | 7.56% | 7.33% | 4.60% | 1.72% | 6.69% | 2.73% | 2.20% | 5.19% | 6.31% | 2.75% | 0.20% | 5.58% |
Drawdowns
EAEAX vs. FASGX - Drawdown Comparison
The maximum EAEAX drawdown since its inception was -53.71%, which is greater than FASGX's maximum drawdown of -47.35%. Use the drawdown chart below to compare losses from any high point for EAEAX and FASGX.
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Drawdown Indicators
| EAEAX | FASGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.71% | -47.35% | -6.36% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -9.07% | -2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -24.72% | -23.54% | -1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -34.74% | -27.20% | -7.54% |
Current DrawdownCurrent decline from peak | -9.37% | -7.95% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -7.87% | -6.74% | -1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.04% | +0.56% |
Volatility
EAEAX vs. FASGX - Volatility Comparison
The current volatility for Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) is 4.15%, while Fidelity Asset Manager 70% Fund (FASGX) has a volatility of 4.57%. This indicates that EAEAX experiences smaller price fluctuations and is considered to be less risky than FASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EAEAX | FASGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 4.57% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.32% | 7.78% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.71% | 12.82% | +3.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 12.14% | +3.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 12.56% | +4.24% |