EILIX vs. AVANX

Last updated Aug 1, 2026

EILIX (Eaton Vance International Small-Cap Fund) and AVANX (Avantis International Small Cap Value Fund Class G) are both Foreign Small & Mid Cap Equities funds. Their correlation of 0.89 means they have usually moved in the same direction.

Performance

EILIX vs. AVANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance International Small-Cap Fund (EILIX) and Avantis International Small Cap Value Fund Class G (AVANX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EILIX

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

AVANX

• 1D: 2.89%
• 1M: 2.00%
• 6M: 7.21%
• YTD: 15.40%
• 1Y: 37.15%
• 3Y*: 24.93%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.95%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVANX Avantis International Small Cap Value Fund Class G	$0.00	$0.00	$0.00

EILIX vs. AVANX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EILIX Eaton Vance International Small-Cap Fund	4.60%	16.07%	-1.94%	11.91%	-16.63%
AVANX Avantis International Small Cap Value Fund Class G	15.40%	48.78%	8.80%	17.17%	-7.66%

Correlation

The correlation between EILIX and AVANX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	0.89

The correlation between EILIX and AVANX shifts across timeframes, from 0.78 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EILIX vs. AVANX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EILIX

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

AVANX

AVANX Risk / Return Rank: 85
AVANX Sharpe Ratio Rank: 89
AVANX Sortino Ratio Rank: 84
AVANX Omega Ratio Rank: 83
AVANX Calmar Ratio Rank: 84
AVANX Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EILIX vs. AVANX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance International Small-Cap Fund (EILIX) and Avantis International Small Cap Value Fund Class G (AVANX). 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.

	EILIX	AVANX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.24	—
Sortino ratio: Return per unit of downside risk	—	3.04	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	2.89	—
Martin ratio: Return relative to average drawdown	—	10.40	—

Drawdowns

Drawdown Indicators

	EILIX	AVANX	Difference
Max Drawdown Largest peak-to-trough decline	—	-25.35%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.83%	—
Current Drawdown Current decline from peak	—	-2.38%	—
Average Drawdown Average peak-to-trough decline	—	-4.78%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.57%	—

Volatility

Volatility by Period

	EILIX	AVANX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.64%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.19%	—

Dividends

EILIX vs. AVANX - Dividend Comparison

EILIX's dividend yield for the trailing twelve months is around 8.10%, less than AVANX's 9.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AVANX Avantis International Small Cap Value Fund Class G	9.41%	10.86%	4.74%	3.87%	3.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EILIX Eaton Vance International Small-Cap Fund	8.10%	8.47%	3.60%	1.73%	1.12%	6.11%	1.03%	1.78%	4.89%	3.49%	2.49%

Frequently Asked Questions

Can I hold both EILIX and AVANX in my portfolio?

EILIX and AVANX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.