EARRX vs. FSTZX

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX).

EARRX is managed by Eaton Vance. It was launched on Mar 31, 2010. FSTZX is managed by Fidelity. It was launched on Jan 17, 2022.

Performance

EARRX vs. FSTZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). The values are adjusted to include any dividend payments, if applicable.

EARRX vs. FSTZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	0.28%	5.46%	5.39%	5.95%	-3.22%	1.98%
FSTZX Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund	1.02%	5.99%	4.87%	4.67%	-2.83%	1.32%

Returns By Period

In the year-to-date period, EARRX achieves a 0.28% return, which is significantly lower than FSTZX's 1.02% return.

EARRX

• 1D: 0.18%
• 1M: -0.21%
• YTD: 0.28%
• 6M: 0.32%
• 1Y: 2.98%
• 3Y*: 4.81%
• 5Y*: 3.78%
• 10Y*: 3.60%

FSTZX

• 1D: 0.30%
• 1M: -0.00%
• YTD: 1.02%
• 6M: 1.30%
• 1Y: 3.95%
• 3Y*: 4.75%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EARRX vs. FSTZX - Expense Ratio Comparison

EARRX has a 0.85% expense ratio, which is higher than FSTZX's 0.00% expense ratio.

EARRX

Eaton Vance Short Duration Inflation-Protected Income Fund Class A

FSTZX

Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund

Return for Risk

EARRX vs. FSTZX — Risk / Return Rank

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

EARRX

EARRX Risk / Return Rank: 88
EARRX Sharpe Ratio Rank: 84
EARRX Sortino Ratio Rank: 86
EARRX Omega Ratio Rank: 86
EARRX Calmar Ratio Rank: 92
EARRX Martin Ratio Rank: 94

FSTZX

FSTZX Risk / Return Rank: 95
FSTZX Sharpe Ratio Rank: 93
FSTZX Sortino Ratio Rank: 95
FSTZX Omega Ratio Rank: 93
FSTZX Calmar Ratio Rank: 97
FSTZX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EARRX vs. FSTZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). 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.

	EARRX	FSTZX	Difference
Sharpe ratio Return per unit of total volatility	1.60	2.05	-0.44
Sortino ratio Return per unit of downside risk	2.29	3.11	-0.82
Omega ratio Gain probability vs. loss probability	1.36	1.45	-0.10
Calmar ratio Return relative to maximum drawdown	2.76	4.22	-1.46
Martin ratio Return relative to average drawdown	12.19	14.91	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EARRX vs. FSTZX - Sharpe Ratio Comparison

The current EARRX Sharpe Ratio is 1.60, which is comparable to the FSTZX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of EARRX and FSTZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EARRX	FSTZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.05	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.37	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	1.14	-0.10

Correlation

The correlation between EARRX and FSTZX is 0.82, 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

EARRX vs. FSTZX - Dividend Comparison

EARRX's dividend yield for the trailing twelve months is around 3.87%, less than FSTZX's 3.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	3.87%	4.36%	3.83%	4.24%	4.82%	3.32%	2.02%	2.46%	2.67%	1.90%	2.00%	1.73%
FSTZX Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund	3.98%	4.02%	2.78%	2.54%	5.25%	0.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EARRX vs. FSTZX - Drawdown Comparison

The maximum EARRX drawdown since its inception was -10.27%, which is greater than FSTZX's maximum drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for EARRX and FSTZX.

Drawdown Indicators

	EARRX	FSTZX	Difference
Max Drawdown Largest peak-to-trough decline	-10.27%	-5.30%	-4.97%
Max Drawdown (1Y) Largest decline over 1 year	-1.18%	-1.03%	-0.15%
Max Drawdown (5Y) Largest decline over 5 years	-6.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-10.27%	—	—
Current Drawdown Current decline from peak	-0.51%	-0.30%	-0.21%
Average Drawdown Average peak-to-trough decline	-1.09%	-1.13%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.27%	0.29%	-0.02%

Volatility

EARRX vs. FSTZX - Volatility Comparison

Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX) have volatilities of 0.58% and 0.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EARRX	FSTZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	0.58%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	1.05%	1.07%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	1.87%	1.99%	-0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.78%	2.83%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.71%	2.83%	-0.12%