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EELDX vs. GMCDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EELDX vs. GMCDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and GMO Emerging Country Debt Fund (GMCDX). The values are adjusted to include any dividend payments, if applicable.

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EELDX vs. GMCDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund
1.45%15.80%14.87%11.46%-6.14%1.55%7.44%18.34%-4.27%13.05%
GMCDX
GMO Emerging Country Debt Fund
2.31%22.34%13.39%17.63%-16.30%6.56%7.25%14.28%-5.89%12.49%

Returns By Period

In the year-to-date period, EELDX achieves a 1.45% return, which is significantly lower than GMCDX's 2.31% return. Both investments have delivered pretty close results over the past 10 years, with EELDX having a 7.77% annualized return and GMCDX not far behind at 7.62%.


EELDX

1D
0.12%
1M
-2.51%
YTD
1.45%
6M
6.78%
1Y
15.35%
3Y*
13.77%
5Y*
7.74%
10Y*
7.77%

GMCDX

1D
0.30%
1M
-2.54%
YTD
2.31%
6M
8.44%
1Y
20.37%
3Y*
17.91%
5Y*
9.25%
10Y*
7.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EELDX vs. GMCDX - Expense Ratio Comparison

EELDX has a 0.78% expense ratio, which is higher than GMCDX's 0.53% expense ratio.


Return for Risk

EELDX vs. GMCDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EELDX
EELDX Risk / Return Rank: 9898
Overall Rank
EELDX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
EELDX Sortino Ratio Rank: 9999
Sortino Ratio Rank
EELDX Omega Ratio Rank: 9898
Omega Ratio Rank
EELDX Calmar Ratio Rank: 9797
Calmar Ratio Rank
EELDX Martin Ratio Rank: 9797
Martin Ratio Rank

GMCDX
GMCDX Risk / Return Rank: 9797
Overall Rank
GMCDX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
GMCDX Sortino Ratio Rank: 9898
Sortino Ratio Rank
GMCDX Omega Ratio Rank: 9898
Omega Ratio Rank
GMCDX Calmar Ratio Rank: 9595
Calmar Ratio Rank
GMCDX Martin Ratio Rank: 9797
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EELDX vs. GMCDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and GMO Emerging Country Debt Fund (GMCDX). 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.


EELDXGMCDXDifference

Sharpe ratio

Return per unit of total volatility

4.12

3.12

+1.00

Sortino ratio

Return per unit of downside risk

5.70

4.54

+1.16

Omega ratio

Gain probability vs. loss probability

2.00

1.76

+0.25

Calmar ratio

Return relative to maximum drawdown

4.06

3.55

+0.51

Martin ratio

Return relative to average drawdown

16.48

17.85

-1.37

EELDX vs. GMCDX - Sharpe Ratio Comparison

The current EELDX Sharpe Ratio is 4.12, which is higher than the GMCDX Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of EELDX and GMCDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EELDXGMCDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.12

3.12

+1.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.70

0.83

+0.86

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.64

0.82

+0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

1.31

0.30

+1.01

Correlation

The correlation between EELDX and GMCDX is 0.59, 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

EELDX vs. GMCDX - Dividend Comparison

EELDX's dividend yield for the trailing twelve months is around 11.18%, more than GMCDX's 6.13% yield.


TTM20252024202320222021202020192018201720162015
EELDX
Eaton Vance Emerging Markets Debt Opportunities Fund
11.18%9.44%8.58%9.02%9.17%7.87%7.71%7.86%8.16%7.90%4.12%1.65%
GMCDX
GMO Emerging Country Debt Fund
6.13%6.27%6.88%10.26%13.73%17.75%9.66%6.60%7.76%7.06%6.00%2.50%

Drawdowns

EELDX vs. GMCDX - Drawdown Comparison

The maximum EELDX drawdown since its inception was -19.12%, smaller than the maximum GMCDX drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for EELDX and GMCDX.


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Drawdown Indicators


EELDXGMCDXDifference

Max Drawdown

Largest peak-to-trough decline

-19.12%

-68.24%

+49.12%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-5.69%

+2.01%

Max Drawdown (5Y)

Largest decline over 5 years

-17.35%

-26.02%

+8.67%

Max Drawdown (10Y)

Largest decline over 10 years

-19.12%

-26.02%

+6.90%

Current Drawdown

Current decline from peak

-3.56%

-3.56%

0.00%

Average Drawdown

Average peak-to-trough decline

-2.94%

-17.75%

+14.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.91%

1.14%

-0.23%

Volatility

EELDX vs. GMCDX - Volatility Comparison

The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is 1.85%, while GMO Emerging Country Debt Fund (GMCDX) has a volatility of 2.27%. This indicates that EELDX experiences smaller price fluctuations and is considered to be less risky than GMCDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EELDXGMCDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.85%

2.27%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

2.76%

3.92%

-1.16%

Volatility (1Y)

Calculated over the trailing 1-year period

3.72%

6.72%

-3.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.59%

11.16%

-6.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.76%

9.31%

-4.55%