EIGIX vs. BCPIX
EIGIX (Eaton Vance Core Bond Fund) and BCPIX (Brandes Core Plus Fixed Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, EIGIX returned 2.15%/yr vs 1.71%/yr for BCPIX. Their correlation of 0.89 suggests significant overlap in exposure. EIGIX charges 0.49%/yr vs 0.30%/yr for BCPIX.
Performance
EIGIX vs. BCPIX - Performance Comparison
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Returns By Period
In the year-to-date period, EIGIX achieves a -0.10% return, which is significantly lower than BCPIX's -0.08% return. Over the past 10 years, EIGIX has outperformed BCPIX with an annualized return of 2.15%, while BCPIX has yielded a comparatively lower 1.71% annualized return.
EIGIX
- 1D
- -0.35%
- 1M
- 0.71%
- YTD
- -0.10%
- 6M
- 0.37%
- 1Y
- 4.05%
- 3Y*
- 4.58%
- 5Y*
- 0.36%
- 10Y*
- 2.15%
BCPIX
- 1D
- -0.36%
- 1M
- 0.89%
- YTD
- -0.08%
- 6M
- 0.44%
- 1Y
- 3.53%
- 3Y*
- 4.11%
- 5Y*
- 0.73%
- 10Y*
- 1.71%
EIGIX vs. BCPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIGIX Eaton Vance Core Bond Fund | -0.10% | 7.76% | 2.90% | 5.03% | -13.13% | 0.72% | 8.18% | 9.84% | -0.50% | 4.47% |
BCPIX Brandes Core Plus Fixed Income Fund | -0.08% | 6.71% | 1.98% | 6.70% | -10.78% | -0.34% | 5.77% | 6.65% | -0.45% | 2.74% |
Correlation
The correlation between EIGIX and BCPIX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.89 |
The correlation between EIGIX and BCPIX has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.
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Return for Risk
EIGIX vs. BCPIX — Risk / Return Rank
EIGIX
BCPIX
EIGIX vs. BCPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Core Bond Fund (EIGIX) and Brandes Core Plus Fixed Income Fund (BCPIX). 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.
| EIGIX | BCPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.44 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.95 | 4.24 | -0.29 |
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Drawdowns
EIGIX vs. BCPIX - Drawdown Comparison
The maximum EIGIX drawdown since its inception was -17.71%, smaller than the maximum BCPIX drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for EIGIX and BCPIX.
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Drawdown Indicators
| EIGIX | BCPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.71% | -22.43% | +4.72% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.63% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -6.22% | -5.44% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | -15.19% | -2.52% |
Max Drawdown (10Y)Largest decline over 10 years | -17.71% | -15.19% | -2.52% |
Current DrawdownCurrent decline from peak | -1.80% | -1.29% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -4.25% | +0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 0.89% | +0.20% |
Volatility
EIGIX vs. BCPIX - Volatility Comparison
Eaton Vance Core Bond Fund (EIGIX) and Brandes Core Plus Fixed Income Fund (BCPIX) have volatilities of 1.20% and 1.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIGIX | BCPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.17% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 3.02% | 2.72% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.04% | 3.58% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.58% | 5.10% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 4.18% | +0.55% |
EIGIX vs. BCPIX - Expense Ratio Comparison
EIGIX has a 0.49% expense ratio, which is higher than BCPIX's 0.30% expense ratio.
Dividends
EIGIX vs. BCPIX - Dividend Comparison
EIGIX's dividend yield for the trailing twelve months is around 4.25%, which matches BCPIX's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCPIX Brandes Core Plus Fixed Income Fund | 4.23% | 4.32% | 3.67% | 2.91% | 2.54% | 1.89% | 1.76% | 2.77% | 2.90% | 2.49% | 2.84% | 2.72% |
EIGIX Eaton Vance Core Bond Fund | 4.25% | 4.16% | 4.29% | 2.85% | 3.10% | 3.53% | 5.38% | 4.00% | 3.25% | 2.83% | 2.76% | 2.96% |
Frequently Asked Questions
With a correlation of 0.94, EIGIX and BCPIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EIGIX has higher volatility (1.20%) compared to BCPIX (1.17%). In terms of maximum drawdown, EIGIX dropped -17.71% vs BCPIX's -22.43%.
EIGIX currently has the higher Sharpe Ratio (1.07 vs 1.06), 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.
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