EGRIX vs. E

Last updated Apr 1, 2026

Compare and contrast key facts about Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) and Eni S.p.A. (E).

EGRIX is managed by Eaton Vance. It was launched on Aug 30, 2010.

Performance

EGRIX vs. E - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) and Eni S.p.A. (E). The values are adjusted to include any dividend payments, if applicable.

EGRIX vs. E - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund	3.59%	20.36%	9.50%	8.37%	-1.94%	3.66%	4.71%	14.80%	-8.34%	5.78%
E Eni S.p.A.	50.94%	48.40%	-13.95%	26.73%	10.92%	43.12%	-28.73%	4.29%	-0.98%	7.27%

Returns By Period

In the year-to-date period, EGRIX achieves a 3.59% return, which is significantly lower than E's 50.94% return. Over the past 10 years, EGRIX has underperformed E with an annualized return of 6.33%, while E has yielded a comparatively higher 13.45% annualized return.

EGRIX

• 1D: -0.49%
• 1M: -2.81%
• YTD: 3.59%
• 6M: 10.03%
• 1Y: 19.05%
• 3Y*: 13.09%
• 5Y*: 8.55%
• 10Y*: 6.33%

E

• 1D: 1.51%
• 1M: 22.00%
• YTD: 50.94%
• 6M: 66.48%
• 1Y: 94.83%
• 3Y*: 34.90%
• 5Y*: 26.10%
• 10Y*: 13.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EGRIX vs. E — Risk / Return Rank

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

EGRIX

EGRIX Risk / Return Rank: 99
EGRIX Sharpe Ratio Rank: 100
EGRIX Sortino Ratio Rank: 99
EGRIX Omega Ratio Rank: 99
EGRIX Calmar Ratio Rank: 99
EGRIX Martin Ratio Rank: 99

E

E Risk / Return Rank: 97
E Sharpe Ratio Rank: 99
E Sortino Ratio Rank: 98
E Omega Ratio Rank: 98
E Calmar Ratio Rank: 94
E Martin Ratio Rank: 98

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.

EGRIX vs. E - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) and Eni S.p.A. (E). 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.

	EGRIX	E	Difference
Sharpe ratio Return per unit of total volatility	5.14	3.92	+1.21
Sortino ratio Return per unit of downside risk	6.91	4.33	+2.58
Omega ratio Gain probability vs. loss probability	2.37	1.65	+0.72
Calmar ratio Return relative to maximum drawdown	6.28	4.91	+1.37
Martin ratio Return relative to average drawdown	25.82	23.47	+2.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGRIX vs. E - Sharpe Ratio Comparison

The current EGRIX Sharpe Ratio is 5.14, which is higher than the E Sharpe Ratio of 3.92. The chart below compares the historical Sharpe Ratios of EGRIX and E, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EGRIX	E	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.14	3.92	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.15	1.07	+1.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.61	0.48	+1.13
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	0.33	+0.96

Correlation

The correlation between EGRIX and E is 0.13, 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.

Dividends

EGRIX vs. E - Dividend Comparison

EGRIX's dividend yield for the trailing twelve months is around 6.42%, more than E's 4.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund	6.42%	6.65%	6.00%	3.40%	4.82%	4.89%	5.82%	4.15%	0.06%	3.22%	1.78%	6.67%
E Eni S.p.A.	4.11%	5.88%	7.69%	5.74%	6.38%	5.79%	5.91%	6.11%	5.15%	3.96%	3.98%	5.14%

Drawdowns

EGRIX vs. E - Drawdown Comparison

The maximum EGRIX drawdown since its inception was -14.17%, smaller than the maximum E drawdown of -70.53%. Use the drawdown chart below to compare losses from any high point for EGRIX and E.

Drawdown Indicators

	EGRIX	E	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-70.53%	+56.36%
Max Drawdown (1Y) Largest decline over 1 year	-2.96%	-19.29%	+16.33%
Max Drawdown (5Y) Largest decline over 5 years	-10.18%	-33.71%	+23.53%
Max Drawdown (10Y) Largest decline over 10 years	-14.17%	-61.59%	+47.42%
Current Drawdown Current decline from peak	-2.96%	0.00%	-2.96%
Average Drawdown Average peak-to-trough decline	-1.85%	-23.19%	+21.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.72%	4.03%	-3.31%

Volatility

EGRIX vs. E - Volatility Comparison

The current volatility for Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) is 1.98%, while Eni S.p.A. (E) has a volatility of 7.82%. This indicates that EGRIX experiences smaller price fluctuations and is considered to be less risky than E based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGRIX	E	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.98%	7.82%	-5.84%
Volatility (6M) Calculated over the trailing 6-month period	2.96%	15.64%	-12.68%
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	24.31%	-20.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.99%	24.61%	-20.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.95%	28.21%	-24.26%