EILGX vs. EGRIX
EILGX (Eaton Vance-Atlanta Capital Focused Growth) and EGRIX (Eaton Vance Global Macro Absolute Return Advantage Fund) are both mutual funds - EILGX is a Large Cap Growth Equities fund managed by Eaton Vance, while EGRIX is a Nontraditional Bonds fund managed by Eaton Vance. Over the past 10 years, EILGX returned 13.49%/yr vs 6.56%/yr for EGRIX. At a 0.18 correlation, their price movements are largely independent. EILGX charges 0.78%/yr vs 1.05%/yr for EGRIX.
Performance
EILGX vs. EGRIX - Performance Comparison
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Returns By Period
In the year-to-date period, EILGX achieves a -10.50% return, which is significantly lower than EGRIX's 6.67% return. Over the past 10 years, EILGX has outperformed EGRIX with an annualized return of 13.49%, while EGRIX has yielded a comparatively lower 6.56% annualized return.
EILGX
- 1D
- -1.77%
- 1M
- -2.15%
- YTD
- -10.50%
- 6M
- -9.27%
- 1Y
- -6.43%
- 3Y*
- 8.06%
- 5Y*
- 5.74%
- 10Y*
- 13.49%
EGRIX
- 1D
- 0.16%
- 1M
- 0.89%
- YTD
- 6.67%
- 6M
- 8.14%
- 1Y
- 19.83%
- 3Y*
- 13.54%
- 5Y*
- 8.64%
- 10Y*
- 6.56%
EILGX vs. EGRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EILGX Eaton Vance-Atlanta Capital Focused Growth | -10.50% | 10.85% | 10.63% | 25.66% | -20.27% | 30.41% | 27.18% | 38.37% | 8.31% | 27.41% |
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 6.67% | 20.36% | 9.50% | 8.37% | -1.94% | 3.66% | 4.71% | 14.80% | -8.34% | 5.78% |
Correlation
The correlation between EILGX and EGRIX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2010 | 0.18 |
The correlation between EILGX and EGRIX shifts across timeframes, from 0.08 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EILGX vs. EGRIX — Risk / Return Rank
EILGX
EGRIX
EILGX vs. EGRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance-Atlanta Capital Focused Growth (EILGX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX). 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.
| EILGX | EGRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.08 | ||
| Sortino ratioReturn per unit of downside risk | -8.56 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 2.51 | -1.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 5.89 | -6.29 |
| Martin ratioReturn relative to average drawdown | -0.96 | 21.29 | -22.25 |
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
| EILGX | EGRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 5.60 | -6.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 2.16 | -1.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.66 | -0.90 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 1.33 | -0.88 |
Drawdowns
EILGX vs. EGRIX - Drawdown Comparison
The maximum EILGX drawdown since its inception was -51.01%, which is greater than EGRIX's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for EILGX and EGRIX.
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Drawdown Indicators
| EILGX | EGRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.01% | -14.17% | -36.84% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -3.37% | -11.53% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -3.37% | -11.53% |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | -10.18% | -17.17% |
Max Drawdown (10Y)Largest decline over 10 years | -30.85% | -14.17% | -16.68% |
Current DrawdownCurrent decline from peak | -12.47% | -0.08% | -12.39% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -1.84% | -5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.21% | 0.93% | +5.28% |
Volatility
EILGX vs. EGRIX - Volatility Comparison
Eaton Vance-Atlanta Capital Focused Growth (EILGX) has a higher volatility of 3.85% compared to Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) at 0.93%. This indicates that EILGX's price experiences larger fluctuations and is considered to be riskier than EGRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EILGX | EGRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 0.93% | +2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.54% | 3.20% | +6.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.22% | 3.54% | +8.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.72% | 4.03% | +12.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.91% | 3.97% | +13.94% |
EILGX vs. EGRIX - Expense Ratio Comparison
EILGX has a 0.78% expense ratio, which is lower than EGRIX's 1.05% expense ratio.
Dividends
EILGX vs. EGRIX - Dividend Comparison
EILGX's dividend yield for the trailing twelve months is around 17.20%, more than EGRIX's 6.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 6.24% | 6.65% | 6.00% | 3.40% | 4.82% | 4.89% | 5.82% | 4.15% | 0.06% | 3.22% | 1.78% | 6.67% |
EILGX Eaton Vance-Atlanta Capital Focused Growth | 17.20% | 15.39% | 4.34% | 0.57% | 0.32% | 2.18% | 0.62% | 0.17% | 19.72% | 54.05% | 17.75% | 23.15% |
Frequently Asked Questions
EILGX and EGRIX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EILGX has higher volatility (3.85%) compared to EGRIX (0.93%). In terms of maximum drawdown, EILGX dropped -51.01% vs EGRIX's -14.17%.
EGRIX currently has the higher Sharpe Ratio (5.60 vs -0.49), 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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