Correlation
The correlation between EELDX and EMB is 0.36, 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.
EELDX vs. EMB
Compare and contrast key facts about Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB).
EELDX is managed by Eaton Vance. It was launched on Feb 3, 2013. EMB is a passively managed fund by iShares that tracks the performance of the JPMorgan EMBI Global Core Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EELDX or EMB.
Performance
EELDX vs. EMB - Performance Comparison
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Key characteristics
EELDX:
3.20
EMB:
1.07
EELDX:
4.44
EMB:
1.58
EELDX:
1.71
EMB:
1.21
EELDX:
3.21
EMB:
0.70
EELDX:
15.69
EMB:
5.24
EELDX:
0.67%
EMB:
1.58%
EELDX:
3.44%
EMB:
7.60%
EELDX:
-19.12%
EMB:
-34.70%
EELDX:
-0.74%
EMB:
-4.22%
Returns By Period
In the year-to-date period, EELDX achieves a 4.55% return, which is significantly higher than EMB's 3.60% return. Over the past 10 years, EELDX has outperformed EMB with an annualized return of 6.21%, while EMB has yielded a comparatively lower 2.72% annualized return.
EELDX
4.55%
1.77%
5.56%
10.92%
11.07%
7.74%
6.21%
EMB
3.60%
1.16%
1.29%
8.05%
5.03%
1.47%
2.72%
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EELDX vs. EMB - Expense Ratio Comparison
EELDX has a 0.78% expense ratio, which is higher than EMB's 0.39% expense ratio.
Risk-Adjusted Performance
EELDX vs. EMB — Risk-Adjusted Performance Rank
EELDX
EMB
EELDX vs. EMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). 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
EELDX vs. EMB - Dividend Comparison
EELDX's dividend yield for the trailing twelve months is around 7.73%, more than EMB's 5.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EELDX Eaton Vance Emerging Markets Debt Opportunities Fund | 7.73% | 8.57% | 9.02% | 9.17% | 7.87% | 7.71% | 7.32% | 8.16% | 7.90% | 4.12% | 1.65% | 3.98% |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 5.53% | 5.46% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% | 4.56% |
Drawdowns
EELDX vs. EMB - Drawdown Comparison
The maximum EELDX drawdown since its inception was -19.12%, smaller than the maximum EMB drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for EELDX and EMB.
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Volatility
EELDX vs. EMB - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is 1.40%, while iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) has a volatility of 1.68%. This indicates that EELDX experiences smaller price fluctuations and is considered to be less risky than EMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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