EELDX vs. HYXU
Compare and contrast key facts about Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) and iShares International High Yield Bond ETF (HYXU).
EELDX is managed by Eaton Vance. It was launched on Feb 3, 2013. HYXU is a passively managed fund by iShares that tracks the performance of the Markit iBoxx Global Developed Markets ex-US High Yield Index. It was launched on Apr 3, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EELDX or HYXU.
Correlation
The correlation between EELDX and HYXU is 0.33, 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. HYXU - Performance Comparison
Key characteristics
EELDX:
4.41
HYXU:
0.25
EELDX:
6.89
HYXU:
0.39
EELDX:
2.10
HYXU:
1.05
EELDX:
7.96
HYXU:
0.15
EELDX:
34.53
HYXU:
0.72
EELDX:
0.41%
HYXU:
2.57%
EELDX:
3.20%
HYXU:
7.45%
EELDX:
-19.13%
HYXU:
-32.45%
EELDX:
-0.50%
HYXU:
-7.83%
Returns By Period
In the year-to-date period, EELDX achieves a 13.57% return, which is significantly higher than HYXU's 0.10% return. Over the past 10 years, EELDX has outperformed HYXU with an annualized return of 5.94%, while HYXU has yielded a comparatively lower 1.64% annualized return.
EELDX
13.57%
0.13%
5.14%
13.98%
5.40%
5.94%
HYXU
0.10%
-0.27%
2.15%
0.84%
1.09%
1.64%
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EELDX vs. HYXU - Expense Ratio Comparison
EELDX has a 0.78% expense ratio, which is higher than HYXU's 0.40% expense ratio.
Risk-Adjusted Performance
EELDX vs. HYXU - 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 International High Yield Bond ETF (HYXU). 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. HYXU - Dividend Comparison
EELDX's dividend yield for the trailing twelve months is around 7.89%, more than HYXU's 5.08% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Eaton Vance Emerging Markets Debt Opportunities Fund | 7.89% | 9.07% | 9.15% | 7.89% | 7.69% | 7.87% | 8.13% | 7.87% | 4.12% | 1.65% | 3.98% | 3.70% |
iShares International High Yield Bond ETF | 5.08% | 3.38% | 0.61% | 3.07% | 1.45% | 1.19% | 4.01% | 0.69% | 1.50% | 3.25% | 4.55% | 5.02% |
Drawdowns
EELDX vs. HYXU - Drawdown Comparison
The maximum EELDX drawdown since its inception was -19.13%, smaller than the maximum HYXU drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for EELDX and HYXU. For additional features, visit the drawdowns tool.
Volatility
EELDX vs. HYXU - Volatility Comparison
The current volatility for Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) is 1.19%, while iShares International High Yield Bond ETF (HYXU) has a volatility of 2.67%. This indicates that EELDX experiences smaller price fluctuations and is considered to be less risky than HYXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.