EIRRX vs. CMI
Compare and contrast key facts about Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) and Cummins Inc. (CMI).
EIRRX is managed by Eaton Vance. It was launched on Mar 31, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIRRX or CMI.
Correlation
The correlation between EIRRX and CMI is 0.11, 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.
Performance
EIRRX vs. CMI - Performance Comparison
Key characteristics
EIRRX:
3.95
CMI:
2.06
EIRRX:
6.60
CMI:
2.90
EIRRX:
1.97
CMI:
1.37
EIRRX:
9.64
CMI:
4.37
EIRRX:
37.45
CMI:
10.51
EIRRX:
0.18%
CMI:
4.78%
EIRRX:
1.70%
CMI:
24.46%
EIRRX:
-10.28%
CMI:
-75.66%
EIRRX:
0.00%
CMI:
-0.44%
Returns By Period
In the year-to-date period, EIRRX achieves a 1.40% return, which is significantly lower than CMI's 10.27% return. Over the past 10 years, EIRRX has underperformed CMI with an annualized return of 3.51%, while CMI has yielded a comparatively higher 13.60% annualized return.
EIRRX
1.40%
0.80%
3.11%
6.71%
4.57%
3.51%
CMI
10.27%
4.69%
27.07%
49.48%
21.05%
13.60%
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Risk-Adjusted Performance
EIRRX vs. CMI — Risk-Adjusted Performance Rank
EIRRX
CMI
EIRRX vs. CMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) and Cummins Inc. (CMI). 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
EIRRX vs. CMI - Dividend Comparison
EIRRX's dividend yield for the trailing twelve months is around 4.04%, more than CMI's 2.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIRRX Eaton Vance Short Duration Inflation-Protected Income Fund | 4.04% | 4.09% | 4.50% | 5.07% | 3.54% | 2.20% | 2.67% | 2.92% | 2.14% | 2.25% | 2.05% | 2.34% |
CMI Cummins Inc. | 1.86% | 2.01% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% |
Drawdowns
EIRRX vs. CMI - Drawdown Comparison
The maximum EIRRX drawdown since its inception was -10.28%, smaller than the maximum CMI drawdown of -75.66%. Use the drawdown chart below to compare losses from any high point for EIRRX and CMI. For additional features, visit the drawdowns tool.
Volatility
EIRRX vs. CMI - Volatility Comparison
The current volatility for Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) is 0.42%, while Cummins Inc. (CMI) has a volatility of 8.75%. This indicates that EIRRX experiences smaller price fluctuations and is considered to be less risky than CMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.