EELDX vs. EVCGX
EELDX (Eaton Vance Emerging Markets Debt Opportunities Fund) and EVCGX (Eaton Vance Greater China Growth Fund) are both mutual funds - EELDX is a Emerging Markets Bonds fund managed by Eaton Vance, while EVCGX is a China Equities fund managed by Eaton Vance. Over the past 10 years, EELDX returned 7.90%/yr vs 4.38%/yr for EVCGX. Their 0.34 correlation means their historical movements had little consistent relationship. EELDX charges 0.78%/yr vs 1.53%/yr for EVCGX.
Performance
EELDX vs. EVCGX - Performance Comparison
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Returns By Period
In the year-to-date period, EELDX achieves a 8.44% return, which is significantly higher than EVCGX's -4.71% return. Over the past 10 years, EELDX has outperformed EVCGX with an annualized return of 7.90%, while EVCGX has yielded a comparatively lower 4.38% annualized return.
EELDX
- 1D
- 0.19%
- 1M
- 0.19%
- 6M
- 5.15%
- YTD
- 8.44%
- 1Y
- 17.41%
- 3Y*
- 14.13%
- 5Y*
- 8.68%
- 10Y*
- 7.90%
- ALL TIME*
- 6.70%
EVCGX
- 1D
- 0.95%
- 1M
- 6.98%
- 6M
- -7.45%
- YTD
- -4.71%
- 1Y
- 2.16%
- 3Y*
- 3.94%
- 5Y*
- -4.55%
- 10Y*
- 4.38%
- ALL TIME*
- 5.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EELDX vs. EVCGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EELDX Eaton Vance Emerging Markets Debt Opportunities Fund | 8.44% | 15.80% | 14.87% | 11.46% | -6.14% | 1.55% | 7.44% | 18.34% | -4.27% | 13.05% |
EVCGX Eaton Vance Greater China Growth Fund | -4.71% | 26.06% | 9.30% | -17.33% | -22.53% | -9.61% | 25.22% | 23.32% | -9.90% | 49.26% |
Correlation
The correlation between EELDX and EVCGX is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.34 |
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Return for Risk
EELDX vs. EVCGX — Risk / Return Rank
EELDX
EVCGX
EELDX vs. EVCGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and Eaton Vance Greater China Growth Fund (EVCGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EELDX | EVCGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.06 | ||
| Sortino ratioReturn per unit of downside risk | +7.67 | ||
| Omega ratioGain probability vs. loss probability | 2.26 | 1.01 | +1.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.75 | -0.03 | +4.79 |
| Martin ratioReturn relative to average drawdown | 19.32 | -0.06 | +19.38 |
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Drawdowns
EELDX vs. EVCGX - Drawdown Comparison
The maximum EELDX drawdown since its inception was -19.12%, smaller than the maximum EVCGX drawdown of -68.37%. Use the drawdown chart below to compare losses from any high point for EELDX and EVCGX.
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Drawdown Indicators
| EELDX | EVCGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.12% | -68.37% | +49.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -19.19% | +15.51% |
Max Drawdown (3Y)Largest decline over 3 years | -3.98% | -25.40% | +21.42% |
Max Drawdown (5Y)Largest decline over 5 years | -17.35% | -49.77% | +32.42% |
Max Drawdown (10Y)Largest decline over 10 years | -19.12% | -56.84% | +37.72% |
Current DrawdownCurrent decline from peak | -0.04% | -33.31% | +33.27% |
Average DrawdownAverage peak-to-trough decline | -2.87% | -28.09% | +25.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 9.92% | -9.02% |
Volatility
EELDX vs. EVCGX - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is 0.65%, while Eaton Vance Greater China Growth Fund (EVCGX) has a volatility of 6.08%. This indicates that EELDX experiences smaller price fluctuations and is considered to be less risky than EVCGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EELDX | EVCGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.65% | 6.08% | -5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | 14.14% | -11.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 19.34% | -15.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.62% | 25.75% | -21.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.71% | 22.17% | -17.46% |
EELDX vs. EVCGX - Expense Ratio Comparison
EELDX has a 0.78% expense ratio, which is lower than EVCGX's 1.53% expense ratio.
Dividends
EELDX vs. EVCGX - Dividend Comparison
EELDX's dividend yield for the trailing twelve months is around 10.74%, more than EVCGX's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EELDX Eaton Vance Emerging Markets Debt Opportunities Fund | 10.74% | 9.44% | 8.58% | 9.02% | 9.17% | 7.87% | 7.71% | 7.86% | 8.16% | 7.90% | 4.12% | 1.65% |
EVCGX Eaton Vance Greater China Growth Fund | 1.66% | 1.58% | 2.15% | 8.47% | 6.09% | 5.43% | 9.85% | 3.19% | 9.89% | 11.34% | 0.94% | 6.33% |
Frequently Asked Questions
EELDX and EVCGX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVCGX has higher volatility (6.08%) compared to EELDX (0.65%). In terms of maximum drawdown, EELDX dropped -19.12% vs EVCGX's -68.37%.
EELDX currently has the higher Sharpe Ratio (5.03 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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