EEIAX vs. AGEPX
Compare and contrast key facts about Eaton Vance Emerging Markets Local Income Fund (EEIAX) and American Beacon Frontier Markets Income Fund (AGEPX).
EEIAX is managed by Eaton Vance. It was launched on Jun 26, 2007. AGEPX is managed by American Beacon. It was launched on Feb 24, 2014.
Performance
EEIAX vs. AGEPX - Performance Comparison
Loading graphics...
EEIAX vs. AGEPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEIAX Eaton Vance Emerging Markets Local Income Fund | -1.86% | 23.43% | -1.23% | 13.63% | -11.99% | -7.64% | 4.68% | 22.66% | -8.38% | 16.10% |
AGEPX American Beacon Frontier Markets Income Fund | 1.56% | 18.76% | 15.58% | 12.83% | -12.84% | 6.64% | 2.25% | 13.10% | -3.51% | 14.90% |
Returns By Period
In the year-to-date period, EEIAX achieves a -1.86% return, which is significantly lower than AGEPX's 1.56% return. Over the past 10 years, EEIAX has underperformed AGEPX with an annualized return of 4.46%, while AGEPX has yielded a comparatively higher 7.49% annualized return.
EEIAX
- 1D
- -0.69%
- 1M
- -7.15%
- YTD
- -1.86%
- 6M
- 3.78%
- 1Y
- 17.07%
- 3Y*
- 8.65%
- 5Y*
- 3.69%
- 10Y*
- 4.46%
AGEPX
- 1D
- -0.53%
- 1M
- -3.05%
- YTD
- 1.56%
- 6M
- 7.54%
- 1Y
- 18.25%
- 3Y*
- 16.00%
- 5Y*
- 7.85%
- 10Y*
- 7.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EEIAX vs. AGEPX - Expense Ratio Comparison
EEIAX has a 1.19% expense ratio, which is lower than AGEPX's 1.38% expense ratio.
Return for Risk
EEIAX vs. AGEPX — Risk / Return Rank
EEIAX
AGEPX
EEIAX vs. AGEPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Local Income Fund (EEIAX) and American Beacon Frontier Markets Income Fund (AGEPX). 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.
| EEIAX | AGEPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.53 | 3.89 | -1.36 |
Sortino ratioReturn per unit of downside risk | 3.49 | 5.45 | -1.97 |
Omega ratioGain probability vs. loss probability | 1.51 | 2.01 | -0.51 |
Calmar ratioReturn relative to maximum drawdown | 2.16 | 4.08 | -1.92 |
Martin ratioReturn relative to average drawdown | 10.24 | 20.61 | -10.37 |
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
| EEIAX | AGEPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.53 | 3.89 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 1.54 | -1.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 1.51 | -0.98 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 1.26 | -0.85 |
Correlation
The correlation between EEIAX and AGEPX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EEIAX vs. AGEPX - Dividend Comparison
EEIAX's dividend yield for the trailing twelve months is around 10.57%, more than AGEPX's 9.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEIAX Eaton Vance Emerging Markets Local Income Fund | 10.57% | 8.48% | 11.19% | 11.34% | 13.39% | 11.14% | 9.77% | 13.03% | 10.48% | 8.74% | 10.80% | 11.65% |
AGEPX American Beacon Frontier Markets Income Fund | 9.65% | 9.79% | 11.92% | 9.40% | 7.26% | 7.65% | 7.07% | 8.38% | 9.55% | 7.09% | 8.28% | 6.80% |
Drawdowns
EEIAX vs. AGEPX - Drawdown Comparison
The maximum EEIAX drawdown since its inception was -31.70%, which is greater than AGEPX's maximum drawdown of -22.47%. Use the drawdown chart below to compare losses from any high point for EEIAX and AGEPX.
Loading graphics...
Drawdown Indicators
| EEIAX | AGEPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -22.47% | -9.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.40% | -4.14% | -3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -26.72% | -22.47% | -4.25% |
Max Drawdown (10Y)Largest decline over 10 years | -28.43% | -22.47% | -5.96% |
Current DrawdownCurrent decline from peak | -7.40% | -3.17% | -4.23% |
Average DrawdownAverage peak-to-trough decline | -8.97% | -3.69% | -5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 0.87% | +0.69% |
Volatility
EEIAX vs. AGEPX - Volatility Comparison
Eaton Vance Emerging Markets Local Income Fund (EEIAX) has a higher volatility of 3.68% compared to American Beacon Frontier Markets Income Fund (AGEPX) at 1.71%. This indicates that EEIAX's price experiences larger fluctuations and is considered to be riskier than AGEPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EEIAX | AGEPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 1.71% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 5.10% | 2.77% | +2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.79% | 4.63% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.06% | 5.12% | +2.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.43% | 4.99% | +3.44% |