EIPCX vs. BRCAX
Compare and contrast key facts about Parametric Commodity Strategy Fund Class I (EIPCX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX).
EIPCX is managed by Eaton Vance. It was launched on May 25, 2011. BRCAX is managed by Invesco. It was launched on Nov 30, 2010.
Performance
EIPCX vs. BRCAX - Performance Comparison
Loading graphics...
EIPCX vs. BRCAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIPCX Parametric Commodity Strategy Fund Class I | 16.44% | 22.27% | 9.97% | -4.70% | 17.76% | 30.13% | 7.83% | 9.58% | -9.45% | 7.07% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 27.94% | 18.41% | 5.47% | -3.44% | 7.77% | 19.18% | 7.75% | 4.20% | -12.18% | 4.49% |
Returns By Period
In the year-to-date period, EIPCX achieves a 16.44% return, which is significantly lower than BRCAX's 27.94% return. Over the past 10 years, EIPCX has outperformed BRCAX with an annualized return of 11.37%, while BRCAX has yielded a comparatively lower 8.46% annualized return.
EIPCX
- 1D
- 0.52%
- 1M
- 5.61%
- YTD
- 16.44%
- 6M
- 25.65%
- 1Y
- 32.48%
- 3Y*
- 15.11%
- 5Y*
- 16.28%
- 10Y*
- 11.37%
BRCAX
- 1D
- 0.84%
- 1M
- 11.88%
- YTD
- 27.94%
- 6M
- 36.77%
- 1Y
- 42.90%
- 3Y*
- 16.42%
- 5Y*
- 13.17%
- 10Y*
- 8.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EIPCX vs. BRCAX - Expense Ratio Comparison
EIPCX has a 0.66% expense ratio, which is lower than BRCAX's 1.40% expense ratio.
Return for Risk
EIPCX vs. BRCAX — Risk / Return Rank
EIPCX
BRCAX
EIPCX vs. BRCAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parametric Commodity Strategy Fund Class I (EIPCX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX). 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.
| EIPCX | BRCAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.24 | 2.58 | -0.34 |
Sortino ratioReturn per unit of downside risk | 2.82 | 3.11 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.48 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 3.60 | 4.74 | -1.15 |
Martin ratioReturn relative to average drawdown | 12.73 | 15.98 | -3.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EIPCX | BRCAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 2.58 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.12 | 0.85 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.60 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.16 | +0.07 |
Correlation
The correlation between EIPCX and BRCAX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EIPCX vs. BRCAX - Dividend Comparison
EIPCX's dividend yield for the trailing twelve months is around 11.45%, more than BRCAX's 10.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EIPCX Parametric Commodity Strategy Fund Class I | 11.45% | 13.33% | 5.65% | 3.69% | 14.93% | 13.83% | 3.10% | 1.54% | 0.87% | 5.14% | 6.59% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 10.95% | 14.02% | 4.85% | 3.80% | 9.98% | 16.92% | 0.00% | 0.89% | 0.17% | 0.00% | 2.58% |
Drawdowns
EIPCX vs. BRCAX - Drawdown Comparison
The maximum EIPCX drawdown since its inception was -54.05%, smaller than the maximum BRCAX drawdown of -60.98%. Use the drawdown chart below to compare losses from any high point for EIPCX and BRCAX.
Loading graphics...
Drawdown Indicators
| EIPCX | BRCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.05% | -60.98% | +6.93% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -9.22% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.00% | -20.66% | +2.66% |
Max Drawdown (10Y)Largest decline over 10 years | -28.53% | -38.44% | +9.91% |
Current DrawdownCurrent decline from peak | -1.15% | -0.12% | -1.03% |
Average DrawdownAverage peak-to-trough decline | -24.51% | -28.81% | +4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.74% | -0.16% |
Volatility
EIPCX vs. BRCAX - Volatility Comparison
The current volatility for Parametric Commodity Strategy Fund Class I (EIPCX) is 4.42%, while Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX) has a volatility of 7.20%. This indicates that EIPCX experiences smaller price fluctuations and is considered to be less risky than BRCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EIPCX | BRCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 7.20% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 14.88% | -3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.84% | 17.16% | -2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.64% | 15.64% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.30% | 14.27% | -0.97% |