EHSTX vs. EVV

Last updated Jul 17, 2026

EHSTX (Eaton Vance Large-Cap Value Fund) and EVV (Eaton Vance Limited Duration Income Fund) are both mutual funds - EHSTX is a Large Cap Value Equities fund managed by Eaton Vance, while EVV is a Short-Term Bond fund managed by Eaton Vance. Over the past 10 years, EHSTX returned 10.89%/yr vs 5.29%/yr for EVV. At a 0.33 correlation, their price movements are largely independent. EHSTX charges 1.01%/yr vs 0.04%/yr for EVV.

Performance

EHSTX vs. EVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Large-Cap Value Fund (EHSTX) and Eaton Vance Limited Duration Income Fund (EVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EHSTX achieves a 15.00% return, which is significantly higher than EVV's -0.65% return. Over the past 10 years, EHSTX has outperformed EVV with an annualized return of 10.89%, while EVV has yielded a comparatively lower 5.29% annualized return.

EHSTX

• 1D: -0.07%
• 1M: 1.52%
• 6M: 10.98%
• YTD: 15.00%
• 1Y: 23.41%
• 3Y*: 14.39%
• 5Y*: 10.16%
• 10Y*: 10.89%

EVV

• 1D: -0.11%
• 1M: 1.74%
• 6M: -1.48%
• YTD: -0.65%
• 1Y: -0.20%
• 3Y*: 9.63%
• 5Y*: 3.22%
• 10Y*: 5.29%

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

EHSTX vs. EVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EHSTX Eaton Vance Large-Cap Value Fund	15.00%	12.11%	11.25%	7.93%	-2.80%	24.25%	2.29%	30.84%	-6.96%	14.79%
EVV Eaton Vance Limited Duration Income Fund	-0.65%	10.72%	12.22%	13.33%	-19.94%	14.66%	4.67%	18.91%	-5.53%	6.77%

Correlation

The correlation between EHSTX and EVV is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 11, 2003	0.33

Return for Risk

EHSTX vs. EVV — Risk / Return Rank

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

EHSTX

EHSTX Risk / Return Rank: 79
EHSTX Sharpe Ratio Rank: 79
EHSTX Sortino Ratio Rank: 78
EHSTX Omega Ratio Rank: 75
EHSTX Calmar Ratio Rank: 78
EHSTX Martin Ratio Rank: 81

EVV

EVV Risk / Return Rank: 3
EVV Sharpe Ratio Rank: 3
EVV Sortino Ratio Rank: 3
EVV Omega Ratio Rank: 3
EVV Calmar Ratio Rank: 3
EVV Martin Ratio Rank: 3

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.

EHSTX vs. EVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Large-Cap Value Fund (EHSTX) and Eaton Vance Limited Duration Income Fund (EVV). 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.

	EHSTX	EVV	Difference
Sharpe ratio: Return per unit of total volatility	2.07	-0.02	+2.10
Sortino ratio: Return per unit of downside risk	2.92	0.03	+2.88
Omega ratio: Gain probability vs. loss probability	1.37	1.00	+0.37
Calmar ratio: Return relative to maximum drawdown	2.88	-0.02	+2.90
Martin ratio: Return relative to average drawdown	11.58	-0.07	+11.65

EHSTX vs. EVV - Sharpe Ratio Comparison

The current EHSTX Sharpe Ratio is 2.07, which is higher than the EVV Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of EHSTX and EVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EHSTX vs. EVV - Drawdown Comparison

The maximum EHSTX drawdown since its inception was -53.47%, roughly equal to the maximum EVV drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for EHSTX and EVV.

Drawdown Indicators

	EHSTX	EVV	Difference
Max Drawdown Largest peak-to-trough decline	-53.47%	-51.37%	-2.10%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-8.65%	+0.36%
Max Drawdown (3Y) Largest decline over 3 years	-16.44%	-9.53%	-6.91%
Max Drawdown (5Y) Largest decline over 5 years	-16.44%	-25.91%	+9.47%
Max Drawdown (10Y) Largest decline over 10 years	-39.30%	-40.42%	+1.12%
Current Drawdown Current decline from peak	-0.29%	-2.49%	+2.20%
Average Drawdown Average peak-to-trough decline	-7.39%	-6.29%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.86%	-0.81%

Volatility

EHSTX vs. EVV - Volatility Comparison

Eaton Vance Large-Cap Value Fund (EHSTX) has a higher volatility of 2.99% compared to Eaton Vance Limited Duration Income Fund (EVV) at 2.08%. This indicates that EHSTX's price experiences larger fluctuations and is considered to be riskier than EVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EHSTX	EVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.99%	2.08%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	8.82%	7.34%	+1.48%
Volatility (1Y) Calculated over the trailing 1-year period	11.59%	9.02%	+2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	12.58%	+2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.24%	15.40%	+1.84%

EHSTX vs. EVV - Expense Ratio Comparison

EHSTX has a 1.01% expense ratio, which is higher than EVV's 0.04% expense ratio.

Dividends

EHSTX vs. EVV - Dividend Comparison

EHSTX's dividend yield for the trailing twelve months is around 5.26%, less than EVV's 9.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EHSTX Eaton Vance Large-Cap Value Fund	5.26%	6.12%	4.03%	2.93%	4.25%	7.32%	1.94%	2.76%	10.94%	5.88%	1.33%	11.02%
EVV Eaton Vance Limited Duration Income Fund	9.31%	8.86%	9.78%	10.43%	12.78%	9.16%	9.58%	6.42%	8.44%	7.22%	8.46%	9.56%

Frequently Asked Questions

Can I hold both EHSTX and EVV in my portfolio?

EHSTX and EVV have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EHSTX or EVV?

EHSTX has higher volatility (2.99%) compared to EVV (2.08%). In terms of maximum drawdown, EHSTX dropped -53.47% vs EVV's -51.37%.

Which has better risk-adjusted returns?

EHSTX currently has the higher Sharpe Ratio (2.07 vs -0.02), 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.