EAEMX vs. EGRIX
Compare and contrast key facts about Parametric Emerging Markets Fund (EAEMX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX).
EAEMX is managed by Eaton Vance. It was launched on Jun 29, 2006. EGRIX is managed by Eaton Vance. It was launched on Aug 30, 2010.
Performance
EAEMX vs. EGRIX - Performance Comparison
Loading graphics...
EAEMX vs. EGRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EAEMX Parametric Emerging Markets Fund | 2.89% | 27.16% | 5.39% | 9.46% | -11.27% | 4.19% | 2.65% | 12.32% | -14.02% | 27.03% |
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 3.42% | 20.36% | 9.50% | 8.37% | -1.94% | 3.66% | 4.71% | 14.80% | -8.34% | 5.78% |
Returns By Period
In the year-to-date period, EAEMX achieves a 2.89% return, which is significantly lower than EGRIX's 3.42% return. Both investments have delivered pretty close results over the past 10 years, with EAEMX having a 6.23% annualized return and EGRIX not far ahead at 6.32%.
EAEMX
- 1D
- 1.89%
- 1M
- -6.17%
- YTD
- 2.89%
- 6M
- 6.54%
- 1Y
- 26.50%
- 3Y*
- 13.51%
- 5Y*
- 6.33%
- 10Y*
- 6.23%
EGRIX
- 1D
- -0.17%
- 1M
- -2.03%
- YTD
- 3.42%
- 6M
- 9.75%
- 1Y
- 18.85%
- 3Y*
- 13.02%
- 5Y*
- 8.53%
- 10Y*
- 6.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EAEMX vs. EGRIX - Expense Ratio Comparison
EAEMX has a 1.58% expense ratio, which is higher than EGRIX's 1.05% expense ratio.
Return for Risk
EAEMX vs. EGRIX — Risk / Return Rank
EAEMX
EGRIX
EAEMX vs. EGRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parametric Emerging Markets Fund (EAEMX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX). 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.
| EAEMX | EGRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.25 | 5.18 | -2.94 |
Sortino ratioReturn per unit of downside risk | 2.86 | 6.98 | -4.12 |
Omega ratioGain probability vs. loss probability | 1.46 | 2.39 | -0.93 |
Calmar ratioReturn relative to maximum drawdown | 2.68 | 5.93 | -3.24 |
Martin ratioReturn relative to average drawdown | 10.25 | 24.80 | -14.55 |
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
| EAEMX | EGRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.25 | 5.18 | -2.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 2.15 | -1.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 1.60 | -1.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 1.29 | -1.01 |
Correlation
The correlation between EAEMX and EGRIX 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.
Dividends
EAEMX vs. EGRIX - Dividend Comparison
EAEMX's dividend yield for the trailing twelve months is around 2.75%, less than EGRIX's 6.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAEMX Parametric Emerging Markets Fund | 2.75% | 2.83% | 3.00% | 2.71% | 4.40% | 1.64% | 1.08% | 2.48% | 2.14% | 2.31% | 1.52% | 1.68% |
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 6.43% | 6.65% | 6.00% | 3.40% | 4.82% | 4.89% | 5.82% | 4.15% | 0.06% | 3.22% | 1.78% | 6.67% |
Drawdowns
EAEMX vs. EGRIX - Drawdown Comparison
The maximum EAEMX drawdown since its inception was -62.70%, which is greater than EGRIX's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for EAEMX and EGRIX.
Loading graphics...
Drawdown Indicators
| EAEMX | EGRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.70% | -14.17% | -48.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -3.13% | -6.77% |
Max Drawdown (5Y)Largest decline over 5 years | -25.43% | -10.18% | -15.25% |
Max Drawdown (10Y)Largest decline over 10 years | -44.16% | -14.17% | -29.99% |
Current DrawdownCurrent decline from peak | -8.20% | -3.12% | -5.08% |
Average DrawdownAverage peak-to-trough decline | -13.58% | -1.85% | -11.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 0.75% | +1.84% |
Volatility
EAEMX vs. EGRIX - Volatility Comparison
Parametric Emerging Markets Fund (EAEMX) has a higher volatility of 5.94% compared to Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) at 1.78%. This indicates that EAEMX's price experiences larger fluctuations and is considered to be riskier than EGRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EAEMX | EGRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 1.78% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 2.97% | +5.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 3.67% | +8.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.42% | 4.00% | +7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.38% | 3.95% | +9.43% |