EEIAX vs. EGFIX
Compare and contrast key facts about Eaton Vance Emerging Markets Local Income Fund (EEIAX) and Edgewood Growth Fund (EGFIX).
EEIAX is managed by Eaton Vance. It was launched on Jun 26, 2007. EGFIX is managed by Edgewood. It was launched on Feb 28, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EEIAX or EGFIX.
Correlation
The correlation between EEIAX and EGFIX is 0.39, 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.
Performance
EEIAX vs. EGFIX - Performance Comparison
Key characteristics
EEIAX:
-0.07
EGFIX:
-0.02
EEIAX:
-0.05
EGFIX:
0.13
EEIAX:
0.99
EGFIX:
1.02
EEIAX:
-0.04
EGFIX:
-0.02
EEIAX:
-0.14
EGFIX:
-0.09
EEIAX:
3.50%
EGFIX:
6.00%
EEIAX:
6.95%
EGFIX:
24.45%
EEIAX:
-31.60%
EGFIX:
-54.64%
EEIAX:
-9.26%
EGFIX:
-35.03%
Returns By Period
In the year-to-date period, EEIAX achieves a -0.00% return, which is significantly higher than EGFIX's -1.40% return. Over the past 10 years, EEIAX has underperformed EGFIX with an annualized return of 1.94%, while EGFIX has yielded a comparatively higher 8.18% annualized return.
EEIAX
-0.00%
-1.89%
-2.39%
-0.76%
-1.08%
1.94%
EGFIX
-1.40%
-19.22%
-15.18%
-0.32%
1.76%
8.18%
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EEIAX vs. EGFIX - Expense Ratio Comparison
EEIAX has a 1.19% expense ratio, which is higher than EGFIX's 1.00% expense ratio.
Risk-Adjusted Performance
EEIAX vs. EGFIX — Risk-Adjusted Performance Rank
EEIAX
EGFIX
EEIAX vs. EGFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Local Income Fund (EEIAX) and Edgewood Growth Fund (EGFIX). 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
EEIAX vs. EGFIX - Dividend Comparison
EEIAX's dividend yield for the trailing twelve months is around 11.08%, while EGFIX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEIAX Eaton Vance Emerging Markets Local Income Fund | 11.08% | 11.08% | 11.30% | 13.42% | 11.22% | 9.83% | 13.02% | 10.49% | 8.68% | 10.85% | 11.72% | 9.23% |
EGFIX Edgewood Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
Drawdowns
EEIAX vs. EGFIX - Drawdown Comparison
The maximum EEIAX drawdown since its inception was -31.60%, smaller than the maximum EGFIX drawdown of -54.64%. Use the drawdown chart below to compare losses from any high point for EEIAX and EGFIX. For additional features, visit the drawdowns tool.
Volatility
EEIAX vs. EGFIX - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Local Income Fund (EEIAX) is 1.80%, while Edgewood Growth Fund (EGFIX) has a volatility of 19.43%. This indicates that EEIAX experiences smaller price fluctuations and is considered to be less risky than EGFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.