EIMAX vs. E
Compare and contrast key facts about Eaton Vance Massachusetts Municipal Income Fund (EIMAX) and Eni S.p.A. (E).
EIMAX is managed by Eaton Vance. It was launched on Jun 16, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIMAX or E.
Correlation
The correlation between EIMAX and E is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
EIMAX vs. E - Performance Comparison
Key characteristics
EIMAX:
0.34
E:
0.21
EIMAX:
0.47
E:
0.40
EIMAX:
1.07
E:
1.05
EIMAX:
0.20
E:
0.21
EIMAX:
0.95
E:
0.47
EIMAX:
1.50%
E:
7.96%
EIMAX:
4.19%
E:
17.66%
EIMAX:
-28.55%
E:
-66.24%
EIMAX:
-4.02%
E:
-7.97%
Returns By Period
In the year-to-date period, EIMAX achieves a 0.05% return, which is significantly lower than E's 7.89% return. Over the past 10 years, EIMAX has underperformed E with an annualized return of 1.64%, while E has yielded a comparatively higher 3.94% annualized return.
EIMAX
0.05%
0.56%
-0.23%
1.29%
-0.13%
1.64%
E
7.89%
3.25%
-4.60%
1.99%
8.39%
3.94%
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Risk-Adjusted Performance
EIMAX vs. E — Risk-Adjusted Performance Rank
EIMAX
E
EIMAX vs. E - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Massachusetts Municipal Income Fund (EIMAX) and Eni S.p.A. (E). 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
EIMAX vs. E - Dividend Comparison
EIMAX's dividend yield for the trailing twelve months is around 3.58%, less than E's 7.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIMAX Eaton Vance Massachusetts Municipal Income Fund | 3.58% | 3.55% | 3.19% | 2.63% | 2.02% | 2.58% | 2.96% | 3.26% | 3.41% | 3.66% | 3.71% | 4.00% |
E Eni S.p.A. | 7.13% | 7.69% | 5.74% | 6.39% | 5.79% | 5.91% | 6.11% | 5.15% | 5.38% | 5.57% | 7.15% | 8.58% |
Drawdowns
EIMAX vs. E - Drawdown Comparison
The maximum EIMAX drawdown since its inception was -28.55%, smaller than the maximum E drawdown of -66.24%. Use the drawdown chart below to compare losses from any high point for EIMAX and E. For additional features, visit the drawdowns tool.
Volatility
EIMAX vs. E - Volatility Comparison
The current volatility for Eaton Vance Massachusetts Municipal Income Fund (EIMAX) is 1.40%, while Eni S.p.A. (E) has a volatility of 4.35%. This indicates that EIMAX experiences smaller price fluctuations and is considered to be less risky than E based on this measure. The chart below showcases a comparison of their rolling one-month volatility.