EEIIX vs. GABEX
Compare and contrast key facts about Eaton Vance Emerging Markets Local Income Fund Class I (EEIIX) and Gabelli Equity Income Fund (GABEX).
EEIIX is an actively managed fund by Eaton Vance. It was launched on Nov 27, 2009. GABEX is managed by Gabelli. It was launched on Jan 2, 1992.
Performance
EEIIX vs. GABEX - Performance Comparison
Loading graphics...
EEIIX vs. GABEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEIIX Eaton Vance Emerging Markets Local Income Fund Class I | -1.77% | 26.00% | -0.97% | 13.95% | -11.53% | -7.57% | 5.00% | 23.01% | -8.11% | 16.45% |
GABEX Gabelli Equity Income Fund | -1.84% | 4.33% | 6.62% | 8.25% | -5.22% | 23.28% | 7.54% | 75.11% | -11.37% | 15.16% |
Returns By Period
The year-to-date returns for both stocks are quite close, with EEIIX having a -1.77% return and GABEX slightly lower at -1.84%. Over the past 10 years, EEIIX has underperformed GABEX with an annualized return of 4.97%, while GABEX has yielded a comparatively higher 11.16% annualized return.
EEIIX
- 1D
- -0.67%
- 1M
- -7.13%
- YTD
- -1.77%
- 6M
- 3.94%
- 1Y
- 17.39%
- 3Y*
- 9.60%
- 5Y*
- 4.36%
- 10Y*
- 4.97%
GABEX
- 1D
- -0.20%
- 1M
- -10.07%
- YTD
- -1.84%
- 6M
- 0.40%
- 1Y
- 0.54%
- 3Y*
- 4.95%
- 5Y*
- 4.76%
- 10Y*
- 11.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EEIIX vs. GABEX - Expense Ratio Comparison
EEIIX has a 1.01% expense ratio, which is lower than GABEX's 1.42% expense ratio.
Return for Risk
EEIIX vs. GABEX — Risk / Return Rank
EEIIX
GABEX
EEIIX vs. GABEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Local Income Fund Class I (EEIIX) and Gabelli Equity Income Fund (GABEX). 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.
| EEIIX | GABEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.67 | 0.04 | +2.63 |
Sortino ratioReturn per unit of downside risk | 3.64 | 0.17 | +3.47 |
Omega ratioGain probability vs. loss probability | 1.55 | 1.03 | +0.53 |
Calmar ratioReturn relative to maximum drawdown | 2.42 | -0.06 | +2.48 |
Martin ratioReturn relative to average drawdown | 11.28 | -0.13 | +11.41 |
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
| EEIIX | GABEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.67 | 0.04 | +2.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.31 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.53 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.59 | -0.20 |
Correlation
The correlation between EEIIX and GABEX is 0.48, 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
EEIIX vs. GABEX - Dividend Comparison
EEIIX's dividend yield for the trailing twelve months is around 10.84%, less than GABEX's 20.00% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEIIX Eaton Vance Emerging Markets Local Income Fund Class I | 10.84% | 10.36% | 11.46% | 11.62% | 13.71% | 11.49% | 10.06% | 13.31% | 10.80% | 9.04% | 11.27% | 12.21% |
GABEX Gabelli Equity Income Fund | 20.00% | 20.83% | 33.06% | 23.48% | 20.49% | 19.96% | 32.82% | 65.43% | 31.87% | 17.83% | 16.63% | 7.78% |
Drawdowns
EEIIX vs. GABEX - Drawdown Comparison
The maximum EEIIX drawdown since its inception was -31.11%, smaller than the maximum GABEX drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for EEIIX and GABEX.
Loading graphics...
Drawdown Indicators
| EEIIX | GABEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.11% | -52.25% | +21.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.20% | -13.11% | +5.91% |
Max Drawdown (5Y)Largest decline over 5 years | -26.28% | -17.59% | -8.69% |
Max Drawdown (10Y)Largest decline over 10 years | -28.05% | -37.27% | +9.22% |
Current DrawdownCurrent decline from peak | -7.20% | -11.17% | +3.97% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -5.16% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 6.12% | -4.58% |
Volatility
EEIIX vs. GABEX - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Local Income Fund Class I (EEIIX) is 3.56%, while Gabelli Equity Income Fund (GABEX) has a volatility of 4.86%. This indicates that EEIIX experiences smaller price fluctuations and is considered to be less risky than GABEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EEIIX | GABEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 4.86% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 5.11% | 13.31% | -8.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.68% | 18.01% | -11.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.95% | 15.24% | -7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.38% | 21.31% | -12.93% |