EICOX vs. FATIX

Last updated Jun 23, 2026

EICOX (Eaton Vance Emerging and Frontier Countries Equity Fund) and FATIX (Fidelity Advisor Technology Fund Class I) are both mutual funds - EICOX is a Emerging Markets Diversified fund managed by Eaton Vance, while FATIX is a Technology Equities fund managed by Fidelity. A 0.59 correlation means they provide meaningful diversification when combined. EICOX charges 1.31%/yr vs 0.71%/yr for FATIX.

Performance

EICOX vs. FATIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Emerging and Frontier Countries Equity Fund (EICOX) and Fidelity Advisor Technology Fund Class I (FATIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EICOX

• 1D: 2.98%
• 1M: 9.01%
• YTD: 30.08%
• 6M: 32.28%
• 1Y: 55.02%
• 3Y*: 27.47%
• 5Y*: 16.74%
• 10Y*: 13.70%

FATIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EICOX vs. FATIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	30.08%	33.22%	11.99%	25.78%	-14.59%	13.43%	13.46%	12.59%	-14.57%	31.41%
FATIX Fidelity Advisor Technology Fund Class I	0.00%	24.65%	35.36%	59.71%	-36.01%	27.59%	64.34%	50.99%	-8.24%	49.83%

Correlation

The correlation between EICOX and FATIX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.59

Over the past year, the correlation between EICOX and FATIX has dropped to 0.27 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

Return for Risk

EICOX vs. FATIX — Risk / Return Rank

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

EICOX

EICOX Risk / Return Rank: 89
EICOX Sharpe Ratio Rank: 95
EICOX Sortino Ratio Rank: 86
EICOX Omega Ratio Rank: 90
EICOX Calmar Ratio Rank: 88
EICOX Martin Ratio Rank: 87

FATIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EICOX vs. FATIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Emerging and Frontier Countries Equity Fund (EICOX) and Fidelity Advisor Technology Fund Class I (FATIX). 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.

	EICOX	FATIX	Difference
Sharpe ratio: Return per unit of total volatility	3.03	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	4.10	—	—
Martin ratio: Return relative to average drawdown	15.28	—	—

Drawdowns

Drawdown Indicators

	EICOX	FATIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.75%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-8.66%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	—	—

Volatility

Volatility by Period

	EICOX	FATIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.15%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.25%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.86%	—	—

EICOX vs. FATIX - Expense Ratio Comparison

EICOX has a 1.31% expense ratio, which is higher than FATIX's 0.71% expense ratio.

Dividends

EICOX vs. FATIX - Dividend Comparison

EICOX's dividend yield for the trailing twelve months is around 2.83%, while FATIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EICOX Eaton Vance Emerging and Frontier Countries Equity Fund	2.83%	3.68%	2.02%	1.95%	5.72%	2.71%	0.10%	2.00%	2.95%	0.00%	0.59%	2.35%
FATIX Fidelity Advisor Technology Fund Class I	9.75%	9.75%	7.19%	3.74%	3.32%	11.43%	7.31%	2.50%	22.35%	7.93%	1.52%	4.46%

Frequently Asked Questions

Can I hold both EICOX and FATIX in my portfolio?

EICOX and FATIX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.