EALCX vs. EAEAX
Compare and contrast key facts about Eaton Vance Growth Fund (EALCX) and Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX).
EALCX is managed by Eaton Vance. It was launched on Sep 9, 2002. EAEAX is managed by Blackrock. It was launched on Mar 3, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EALCX or EAEAX.
Correlation
The correlation between EALCX and EAEAX is 0.92, 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.
Performance
EALCX vs. EAEAX - Performance Comparison
Key characteristics
EALCX:
0.90
EAEAX:
1.48
EALCX:
1.25
EAEAX:
2.05
EALCX:
1.18
EAEAX:
1.28
EALCX:
0.90
EAEAX:
2.30
EALCX:
3.90
EAEAX:
8.00
EALCX:
4.42%
EAEAX:
2.12%
EALCX:
19.07%
EAEAX:
11.42%
EALCX:
-50.81%
EAEAX:
-57.02%
EALCX:
-5.41%
EAEAX:
-1.01%
Returns By Period
In the year-to-date period, EALCX achieves a 3.65% return, which is significantly lower than EAEAX's 4.31% return. Over the past 10 years, EALCX has underperformed EAEAX with an annualized return of 6.57%, while EAEAX has yielded a comparatively higher 8.41% annualized return.
EALCX
3.65%
2.24%
2.73%
19.27%
7.64%
6.57%
EAEAX
4.31%
2.07%
6.16%
17.98%
9.98%
8.41%
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EALCX vs. EAEAX - Expense Ratio Comparison
EALCX has a 1.05% expense ratio, which is lower than EAEAX's 1.25% expense ratio.
Risk-Adjusted Performance
EALCX vs. EAEAX — Risk-Adjusted Performance Rank
EALCX
EAEAX
EALCX vs. EAEAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Growth Fund (EALCX) and Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX). 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.
Dividends
EALCX vs. EAEAX - Dividend Comparison
EALCX has not paid dividends to shareholders, while EAEAX's dividend yield for the trailing twelve months is around 0.10%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EALCX Eaton Vance Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.38% | 0.00% | 0.00% |
EAEAX Eaton Vance Tax-Managed Equity Asset Allocation Fund | 0.10% | 0.11% | 0.53% | 0.56% | 0.33% | 0.57% | 0.66% | 0.88% | 0.85% | 0.93% | 0.75% | 0.60% |
Drawdowns
EALCX vs. EAEAX - Drawdown Comparison
The maximum EALCX drawdown since its inception was -50.81%, smaller than the maximum EAEAX drawdown of -57.02%. Use the drawdown chart below to compare losses from any high point for EALCX and EAEAX. For additional features, visit the drawdowns tool.
Volatility
EALCX vs. EAEAX - Volatility Comparison
Eaton Vance Growth Fund (EALCX) has a higher volatility of 5.31% compared to Eaton Vance Tax-Managed Equity Asset Allocation Fund (EAEAX) at 2.45%. This indicates that EALCX's price experiences larger fluctuations and is considered to be riskier than EAEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.