EIGMX vs. XBAL.TO
Compare and contrast key facts about Eaton Vance Global Macro Absolute Return Fund (EIGMX) and iShares Core Balanced ETF Portfolio (XBAL.TO).
EIGMX is managed by Eaton Vance. It was launched on Jun 26, 2007. XBAL.TO is an actively managed fund by iShares. It was launched on Jun 21, 2007.
Performance
EIGMX vs. XBAL.TO - Performance Comparison
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EIGMX vs. XBAL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIGMX Eaton Vance Global Macro Absolute Return Fund | 2.31% | 11.37% | 8.69% | 6.99% | -0.47% | 2.19% | 3.59% | 9.76% | -3.29% | 4.29% |
XBAL.TO iShares Core Balanced ETF Portfolio | -0.38% | 17.23% | 6.61% | 15.58% | -17.13% | 10.92% | 12.89% | 21.03% | -10.35% | 12.76% |
Different Trading Currencies
EIGMX is traded in USD, while XBAL.TO is traded in CAD. To make them comparable, the XBAL.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EIGMX achieves a 2.31% return, which is significantly higher than XBAL.TO's -1.00% return. Over the past 10 years, EIGMX has underperformed XBAL.TO with an annualized return of 4.83%, while XBAL.TO has yielded a comparatively higher 6.47% annualized return.
EIGMX
- 1D
- -0.11%
- 1M
- -0.89%
- YTD
- 2.31%
- 6M
- 6.05%
- 1Y
- 11.82%
- 3Y*
- 9.13%
- 5Y*
- 6.15%
- 10Y*
- 4.83%
XBAL.TO
- 1D
- 0.00%
- 1M
- -4.80%
- YTD
- -1.00%
- 6M
- 0.45%
- 1Y
- 14.40%
- 3Y*
- 10.73%
- 5Y*
- 4.81%
- 10Y*
- 6.47%
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EIGMX vs. XBAL.TO - Expense Ratio Comparison
EIGMX has a 0.76% expense ratio, which is higher than XBAL.TO's 0.20% expense ratio.
Return for Risk
EIGMX vs. XBAL.TO — Risk / Return Rank
EIGMX
XBAL.TO
EIGMX vs. XBAL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Global Macro Absolute Return Fund (EIGMX) and iShares Core Balanced ETF Portfolio (XBAL.TO). 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.
| EIGMX | XBAL.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 6.02 | 1.26 | +4.76 |
Sortino ratioReturn per unit of downside risk | 8.81 | 1.82 | +7.00 |
Omega ratioGain probability vs. loss probability | 2.97 | 1.26 | +1.71 |
Calmar ratioReturn relative to maximum drawdown | 8.10 | 1.98 | +6.12 |
Martin ratioReturn relative to average drawdown | 33.24 | 8.46 | +24.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EIGMX | XBAL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.02 | 1.26 | +4.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.37 | 0.40 | +1.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.94 | 0.51 | +1.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.57 | 0.57 | +1.00 |
Correlation
The correlation between EIGMX and XBAL.TO is 0.11, 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
EIGMX vs. XBAL.TO - Dividend Comparison
EIGMX's dividend yield for the trailing twelve months is around 6.74%, more than XBAL.TO's 2.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIGMX Eaton Vance Global Macro Absolute Return Fund | 6.74% | 5.72% | 6.16% | 5.79% | 4.78% | 4.18% | 4.37% | 5.44% | 3.72% | 3.42% | 4.02% | 5.54% |
XBAL.TO iShares Core Balanced ETF Portfolio | 2.24% | 2.24% | 2.68% | 2.40% | 2.09% | 1.74% | 1.99% | 2.26% | 3.39% | 2.93% | 3.64% | 3.29% |
Drawdowns
EIGMX vs. XBAL.TO - Drawdown Comparison
The maximum EIGMX drawdown since its inception was -9.42%, smaller than the maximum XBAL.TO drawdown of -28.01%. Use the drawdown chart below to compare losses from any high point for EIGMX and XBAL.TO.
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Drawdown Indicators
| EIGMX | XBAL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.42% | -28.83% | +19.41% |
Max Drawdown (1Y)Largest decline over 1 year | -1.44% | -7.68% | +6.24% |
Max Drawdown (5Y)Largest decline over 5 years | -7.39% | -17.12% | +9.73% |
Max Drawdown (10Y)Largest decline over 10 years | -9.42% | -20.93% | +11.51% |
Current DrawdownCurrent decline from peak | -1.44% | -3.35% | +1.91% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -3.41% | +2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 1.87% | -1.52% |
Volatility
EIGMX vs. XBAL.TO - Volatility Comparison
The current volatility for Eaton Vance Global Macro Absolute Return Fund (EIGMX) is 0.89%, while iShares Core Balanced ETF Portfolio (XBAL.TO) has a volatility of 4.38%. This indicates that EIGMX experiences smaller price fluctuations and is considered to be less risky than XBAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIGMX | XBAL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 4.38% | -3.49% |
Volatility (6M)Calculated over the trailing 6-month period | 1.57% | 7.34% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.98% | 11.53% | -9.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.61% | 12.05% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.50% | 12.79% | -10.29% |