EBABX vs. DLTNX
EBABX (Eaton Vance Total Return Bond Fund Class A) and DLTNX (DoubleLine Total Return Bond Fund Class N) are both Intermediate Core-Plus Bond funds. Both are actively managed. Over the past 10 years, EBABX returned 3.32%/yr vs 1.53%/yr for DLTNX. A 0.70 correlation means they provide meaningful diversification when combined. EBABX charges 0.73%/yr vs 0.75%/yr for DLTNX.
Performance
EBABX vs. DLTNX - Performance Comparison
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Returns By Period
In the year-to-date period, EBABX achieves a 0.70% return, which is significantly higher than DLTNX's 0.37% return. Over the past 10 years, EBABX has outperformed DLTNX with an annualized return of 3.32%, while DLTNX has yielded a comparatively lower 1.53% annualized return.
EBABX
- 1D
- 0.48%
- 1M
- 0.97%
- YTD
- 0.70%
- 6M
- 1.06%
- 1Y
- 5.27%
- 3Y*
- 5.84%
- 5Y*
- 1.12%
- 10Y*
- 3.32%
DLTNX
- 1D
- 0.46%
- 1M
- 0.60%
- YTD
- 0.37%
- 6M
- 0.33%
- 1Y
- 3.96%
- 3Y*
- 4.36%
- 5Y*
- 0.42%
- 10Y*
- 1.53%
EBABX vs. DLTNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EBABX Eaton Vance Total Return Bond Fund Class A | 0.70% | 8.87% | 4.21% | 5.30% | -13.08% | 2.76% | 5.62% | 10.54% | -1.09% | 7.44% |
DLTNX DoubleLine Total Return Bond Fund Class N | 0.37% | 7.66% | 2.94% | 4.96% | -12.77% | -0.01% | 3.87% | 5.74% | 1.50% | 3.44% |
Correlation
The correlation between EBABX and DLTNX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2010 | 0.70 |
The correlation between EBABX and DLTNX shifts across timeframes, from 0.70 (all time) to 0.92 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EBABX vs. DLTNX — Risk / Return Rank
EBABX
DLTNX
EBABX vs. DLTNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Total Return Bond Fund Class A (EBABX) and DoubleLine Total Return Bond Fund Class N (DLTNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EBABX | DLTNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.27 | +0.38 |
| Martin ratioReturn relative to average drawdown | 4.75 | 3.57 | +1.17 |
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Drawdowns
EBABX vs. DLTNX - Drawdown Comparison
The maximum EBABX drawdown since its inception was -17.19%, roughly equal to the maximum DLTNX drawdown of -16.94%. Use the drawdown chart below to compare losses from any high point for EBABX and DLTNX.
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Drawdown Indicators
| EBABX | DLTNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.19% | -16.94% | -0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.27% | -3.21% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -5.68% | -6.65% | +0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -17.19% | -16.94% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -17.19% | -16.94% | -0.25% |
Current DrawdownCurrent decline from peak | -1.19% | -1.62% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -2.54% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 1.14% | -0.01% |
Volatility
EBABX vs. DLTNX - Volatility Comparison
The current volatility for Eaton Vance Total Return Bond Fund Class A (EBABX) is 1.25%, while DoubleLine Total Return Bond Fund Class N (DLTNX) has a volatility of 1.37%. This indicates that EBABX experiences smaller price fluctuations and is considered to be less risky than DLTNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EBABX | DLTNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 1.37% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.03% | 2.87% | +0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 3.78% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.33% | 5.54% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.68% | 4.38% | +0.30% |
EBABX vs. DLTNX - Expense Ratio Comparison
EBABX has a 0.73% expense ratio, which is lower than DLTNX's 0.75% expense ratio.
Dividends
EBABX vs. DLTNX - Dividend Comparison
EBABX's dividend yield for the trailing twelve months is around 4.87%, more than DLTNX's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLTNX DoubleLine Total Return Bond Fund Class N | 4.61% | 4.62% | 4.77% | 4.11% | 3.59% | 2.87% | 3.13% | 3.49% | 3.48% | 3.40% | 3.47% | 3.85% |
EBABX Eaton Vance Total Return Bond Fund Class A | 4.87% | 4.89% | 5.31% | 3.83% | 3.77% | 3.23% | 3.64% | 3.71% | 3.89% | 3.29% | 3.66% | 5.41% |
Frequently Asked Questions
EBABX and DLTNX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLTNX has higher volatility (1.37%) compared to EBABX (1.25%). In terms of maximum drawdown, EBABX dropped -17.19% vs DLTNX's -16.94%.
EBABX currently has the higher Sharpe Ratio (1.37 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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