Correlation
The correlation between ECSIX and DIVO is 0.26, 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.
ECSIX vs. DIVO
Compare and contrast key facts about Eaton Vance Short Duration Strategic Income Fund (ECSIX) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
ECSIX is managed by Eaton Vance. It was launched on May 24, 1994. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECSIX or DIVO.
Performance
ECSIX vs. DIVO - Performance Comparison
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Key characteristics
ECSIX:
2.44
DIVO:
0.94
ECSIX:
3.97
DIVO:
1.55
ECSIX:
1.53
DIVO:
1.23
ECSIX:
4.18
DIVO:
1.21
ECSIX:
10.54
DIVO:
4.56
ECSIX:
0.85%
DIVO:
3.21%
ECSIX:
3.45%
DIVO:
14.07%
ECSIX:
-25.65%
DIVO:
-30.04%
ECSIX:
0.00%
DIVO:
-1.20%
Returns By Period
In the year-to-date period, ECSIX achieves a 3.89% return, which is significantly lower than DIVO's 4.52% return.
ECSIX
3.89%
0.67%
3.75%
8.35%
5.36%
3.96%
2.98%
DIVO
4.52%
2.76%
-0.35%
13.05%
10.14%
12.90%
N/A
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ECSIX vs. DIVO - Expense Ratio Comparison
ECSIX has a 1.82% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
ECSIX vs. DIVO — Risk-Adjusted Performance Rank
ECSIX
DIVO
ECSIX vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Strategic Income Fund (ECSIX) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.
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Dividends
ECSIX vs. DIVO - Dividend Comparison
ECSIX's dividend yield for the trailing twelve months is around 6.09%, more than DIVO's 4.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECSIX Eaton Vance Short Duration Strategic Income Fund | 6.09% | 6.17% | 6.14% | 4.74% | 3.57% | 3.49% | 6.29% | 3.16% | 2.91% | 3.18% | 3.59% | 6.18% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.73% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
ECSIX vs. DIVO - Drawdown Comparison
The maximum ECSIX drawdown since its inception was -25.65%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for ECSIX and DIVO.
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Volatility
ECSIX vs. DIVO - Volatility Comparison
The current volatility for Eaton Vance Short Duration Strategic Income Fund (ECSIX) is 0.79%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.14%. This indicates that ECSIX experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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