EELDX vs. FWWFX
Compare and contrast key facts about Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and Fidelity Worldwide Fund (FWWFX).
EELDX is managed by Eaton Vance. It was launched on Feb 3, 2013. FWWFX is managed by Fidelity. It was launched on May 30, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EELDX or FWWFX.
Key characteristics
| EELDX | FWWFX | |
|---|---|---|
| YTD Return | 13.42% | 28.93% |
| 1Y Return | 16.88% | 35.37% |
| 3Y Return (Ann) | 5.79% | 5.31% |
| 5Y Return (Ann) | 5.91% | 14.35% |
| 10Y Return (Ann) | 5.64% | 12.02% |
| Sharpe Ratio | 5.42 | 2.14 |
| Sortino Ratio | 9.35 | 2.93 |
| Omega Ratio | 2.52 | 1.39 |
| Calmar Ratio | 9.87 | 2.41 |
| Martin Ratio | 44.33 | 12.70 |
| Ulcer Index | 0.40% | 2.75% |
| Daily Std Dev | 3.23% | 16.30% |
| Max Drawdown | -19.13% | -55.76% |
| Current Drawdown | -0.13% | -2.55% |
Correlation
The correlation between EELDX and FWWFX is 0.40, 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
EELDX vs. FWWFX - Performance Comparison
In the year-to-date period, EELDX achieves a 13.42% return, which is significantly lower than FWWFX's 28.93% return. Over the past 10 years, EELDX has underperformed FWWFX with an annualized return of 5.64%, while FWWFX has yielded a comparatively higher 12.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EELDX vs. FWWFX - Expense Ratio Comparison
EELDX has a 0.78% expense ratio, which is lower than FWWFX's 1.00% expense ratio.
Risk-Adjusted Performance
EELDX vs. FWWFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and Fidelity Worldwide Fund (FWWFX). 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
EELDX vs. FWWFX - Dividend Comparison
EELDX's dividend yield for the trailing twelve months is around 8.61%, more than FWWFX's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EELDX Eaton Vance Emerging Markets Debt Opportunities Fund | 8.61% | 9.07% | 9.15% | 7.89% | 7.69% | 7.87% | 8.13% | 7.87% | 4.12% | 1.65% | 3.98% | 3.70% |
FWWFX Fidelity Worldwide Fund | 0.73% | 0.94% | 0.84% | 0.45% | 0.05% | 0.63% | 0.37% | 0.66% | 0.90% | 4.60% | 11.54% | 8.74% |
Drawdowns
EELDX vs. FWWFX - Drawdown Comparison
The maximum EELDX drawdown since its inception was -19.13%, smaller than the maximum FWWFX drawdown of -55.76%. Use the drawdown chart below to compare losses from any high point for EELDX and FWWFX. For additional features, visit the drawdowns tool.
Volatility
EELDX vs. FWWFX - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is 0.82%, while Fidelity Worldwide Fund (FWWFX) has a volatility of 4.33%. This indicates that EELDX experiences smaller price fluctuations and is considered to be less risky than FWWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.