EIRRX vs. FIPDX
Compare and contrast key facts about Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
EIRRX is managed by Eaton Vance. It was launched on Mar 31, 2010. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIRRX or FIPDX.
Correlation
The correlation between EIRRX and FIPDX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EIRRX vs. FIPDX - Performance Comparison
Key characteristics
EIRRX:
3.95
FIPDX:
1.19
EIRRX:
6.60
FIPDX:
1.70
EIRRX:
1.97
FIPDX:
1.21
EIRRX:
9.64
FIPDX:
0.47
EIRRX:
37.45
FIPDX:
3.25
EIRRX:
0.18%
FIPDX:
1.56%
EIRRX:
1.70%
FIPDX:
4.26%
EIRRX:
-10.28%
FIPDX:
-14.29%
EIRRX:
0.00%
FIPDX:
-5.64%
Returns By Period
In the year-to-date period, EIRRX achieves a 1.40% return, which is significantly lower than FIPDX's 1.91% return. Over the past 10 years, EIRRX has outperformed FIPDX with an annualized return of 3.51%, while FIPDX has yielded a comparatively lower 1.55% annualized return.
EIRRX
1.40%
0.80%
3.11%
6.71%
4.57%
3.51%
FIPDX
1.91%
1.34%
0.48%
5.20%
1.51%
1.55%
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EIRRX vs. FIPDX - Expense Ratio Comparison
EIRRX has a 0.64% expense ratio, which is higher than FIPDX's 0.05% expense ratio.
Risk-Adjusted Performance
EIRRX vs. FIPDX — Risk-Adjusted Performance Rank
EIRRX
FIPDX
EIRRX vs. FIPDX - 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 Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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. FIPDX - Dividend Comparison
EIRRX's dividend yield for the trailing twelve months is around 4.04%, more than FIPDX's 3.64% 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% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 3.64% | 3.75% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% |
Drawdowns
EIRRX vs. FIPDX - Drawdown Comparison
The maximum EIRRX drawdown since its inception was -10.28%, smaller than the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for EIRRX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
EIRRX vs. FIPDX - Volatility Comparison
The current volatility for Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) is 0.42%, while Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a volatility of 1.22%. This indicates that EIRRX experiences smaller price fluctuations and is considered to be less risky than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.