EIGMX vs. KAMIX
Compare and contrast key facts about Eaton Vance Global Macro Absolute Return Fund (EIGMX) and Kensington Managed Income Fund (KAMIX).
EIGMX is managed by Eaton Vance. It was launched on Jun 26, 2007. KAMIX is managed by Advisors Preferred. It was launched on May 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIGMX or KAMIX.
Correlation
The correlation between EIGMX and KAMIX is 0.14, 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
EIGMX vs. KAMIX - Performance Comparison
Key characteristics
EIGMX:
4.13
KAMIX:
0.82
EIGMX:
6.29
KAMIX:
1.05
EIGMX:
2.09
KAMIX:
1.18
EIGMX:
6.91
KAMIX:
0.47
EIGMX:
32.46
KAMIX:
3.06
EIGMX:
0.25%
KAMIX:
0.94%
EIGMX:
1.96%
KAMIX:
3.53%
EIGMX:
-9.42%
KAMIX:
-10.92%
EIGMX:
0.00%
KAMIX:
-3.26%
Returns By Period
In the year-to-date period, EIGMX achieves a 3.10% return, which is significantly higher than KAMIX's -1.45% return.
EIGMX
3.10%
0.12%
5.21%
8.10%
5.71%
3.87%
KAMIX
-1.45%
-2.36%
-0.81%
2.89%
2.31%
N/A
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EIGMX vs. KAMIX - Expense Ratio Comparison
EIGMX has a 0.76% expense ratio, which is lower than KAMIX's 1.36% expense ratio.
Risk-Adjusted Performance
EIGMX vs. KAMIX — Risk-Adjusted Performance Rank
EIGMX
KAMIX
EIGMX vs. KAMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Global Macro Absolute Return Fund (EIGMX) and Kensington Managed Income Fund (KAMIX). 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
EIGMX vs. KAMIX - Dividend Comparison
EIGMX's dividend yield for the trailing twelve months is around 6.06%, more than KAMIX's 5.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIGMX Eaton Vance Global Macro Absolute Return Fund | 6.06% | 6.16% | 5.78% | 4.78% | 4.18% | 4.37% | 5.44% | 3.72% | 3.42% | 4.02% | 5.54% | 4.17% |
KAMIX Kensington Managed Income Fund | 5.64% | 5.60% | 4.15% | 0.75% | 2.51% | 2.01% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EIGMX vs. KAMIX - Drawdown Comparison
The maximum EIGMX drawdown since its inception was -9.42%, smaller than the maximum KAMIX drawdown of -10.92%. Use the drawdown chart below to compare losses from any high point for EIGMX and KAMIX. For additional features, visit the drawdowns tool.
Volatility
EIGMX vs. KAMIX - Volatility Comparison
The current volatility for Eaton Vance Global Macro Absolute Return Fund (EIGMX) is 0.91%, while Kensington Managed Income Fund (KAMIX) has a volatility of 1.89%. This indicates that EIGMX experiences smaller price fluctuations and is considered to be less risky than KAMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.