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EIRAX vs. EVV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EIRAX vs. EVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) and Eaton Vance Limited Duration Income Fund (EVV). The values are adjusted to include any dividend payments, if applicable.

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EIRAX vs. EVV - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EIRAX
Eaton Vance Richard Bernstein All Asset Strategy Fund
-0.95%12.89%7.68%6.80%-14.73%7.22%9.83%16.28%-7.47%15.02%
EVV
Eaton Vance Limited Duration Income Fund
-3.01%10.72%12.22%13.33%-19.94%14.66%4.67%18.91%-5.53%6.77%

Returns By Period

In the year-to-date period, EIRAX achieves a -0.95% return, which is significantly higher than EVV's -3.01% return. Both investments have delivered pretty close results over the past 10 years, with EIRAX having a 5.60% annualized return and EVV not far ahead at 5.71%.


EIRAX

1D
0.84%
1M
-2.68%
YTD
-0.95%
6M
1.61%
1Y
11.35%
3Y*
7.13%
5Y*
2.77%
10Y*
5.60%

EVV

1D
-0.53%
1M
-3.05%
YTD
-3.01%
6M
-3.86%
1Y
2.23%
3Y*
8.12%
5Y*
3.90%
10Y*
5.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EIRAX vs. EVV - Expense Ratio Comparison

EIRAX has a 0.93% expense ratio, which is higher than EVV's 0.04% expense ratio.


Return for Risk

EIRAX vs. EVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EIRAX
EIRAX Risk / Return Rank: 5353
Overall Rank
EIRAX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
EIRAX Sortino Ratio Rank: 5555
Sortino Ratio Rank
EIRAX Omega Ratio Rank: 5050
Omega Ratio Rank
EIRAX Calmar Ratio Rank: 5050
Calmar Ratio Rank
EIRAX Martin Ratio Rank: 5656
Martin Ratio Rank

EVV
EVV Risk / Return Rank: 77
Overall Rank
EVV Sharpe Ratio Rank: 66
Sharpe Ratio Rank
EVV Sortino Ratio Rank: 66
Sortino Ratio Rank
EVV Omega Ratio Rank: 66
Omega Ratio Rank
EVV Calmar Ratio Rank: 88
Calmar Ratio Rank
EVV Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EIRAX vs. EVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) and Eaton Vance Limited Duration Income Fund (EVV). 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.


EIRAXEVVDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.20

+0.96

Sortino ratio

Return per unit of downside risk

1.70

0.34

+1.36

Omega ratio

Gain probability vs. loss probability

1.24

1.05

+0.18

Calmar ratio

Return relative to maximum drawdown

1.56

0.33

+1.23

Martin ratio

Return relative to average drawdown

6.77

1.21

+5.55

EIRAX vs. EVV - Sharpe Ratio Comparison

The current EIRAX Sharpe Ratio is 1.16, which is higher than the EVV Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of EIRAX and EVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EIRAXEVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

0.20

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.31

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.62

0.37

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.33

+0.29

Correlation

The correlation between EIRAX and EVV is 0.38, 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

EIRAX vs. EVV - Dividend Comparison

EIRAX's dividend yield for the trailing twelve months is around 2.83%, less than EVV's 9.33% yield.


TTM20252024202320222021202020192018201720162015
EIRAX
Eaton Vance Richard Bernstein All Asset Strategy Fund
2.83%2.80%2.35%2.58%1.11%5.68%3.13%7.42%2.98%2.35%0.73%1.59%
EVV
Eaton Vance Limited Duration Income Fund
9.33%8.86%9.78%10.43%12.78%9.16%9.58%6.42%8.44%7.22%8.46%9.56%

Drawdowns

EIRAX vs. EVV - Drawdown Comparison

The maximum EIRAX drawdown since its inception was -19.85%, smaller than the maximum EVV drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for EIRAX and EVV.


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Drawdown Indicators


EIRAXEVVDifference

Max Drawdown

Largest peak-to-trough decline

-19.85%

-51.37%

+31.52%

Max Drawdown (1Y)

Largest decline over 1 year

-7.73%

-8.65%

+0.92%

Max Drawdown (5Y)

Largest decline over 5 years

-19.85%

-25.91%

+6.06%

Max Drawdown (10Y)

Largest decline over 10 years

-19.85%

-40.42%

+20.57%

Current Drawdown

Current decline from peak

-4.99%

-4.80%

-0.19%

Average Drawdown

Average peak-to-trough decline

-3.86%

-6.32%

+2.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.78%

2.35%

-0.57%

Volatility

EIRAX vs. EVV - Volatility Comparison

The current volatility for Eaton Vance Richard Bernstein All Asset Strategy Fund (EIRAX) is 4.59%, while Eaton Vance Limited Duration Income Fund (EVV) has a volatility of 5.59%. This indicates that EIRAX experiences smaller price fluctuations and is considered to be less risky than EVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EIRAXEVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.59%

5.59%

-1.00%

Volatility (6M)

Calculated over the trailing 6-month period

6.95%

6.95%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

10.07%

11.29%

-1.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.69%

12.52%

-3.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.07%

15.42%

-6.35%