EIRRX vs. GLD
Compare and contrast key facts about Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) and SPDR Gold Trust (GLD).
EIRRX is managed by Eaton Vance. It was launched on Mar 31, 2010. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIRRX or GLD.
Correlation
The correlation between EIRRX and GLD is 0.29, 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. GLD - Performance Comparison
Key characteristics
EIRRX:
3.98
GLD:
3.05
EIRRX:
6.64
GLD:
3.83
EIRRX:
1.99
GLD:
1.52
EIRRX:
9.65
GLD:
5.76
EIRRX:
37.49
GLD:
15.73
EIRRX:
0.18%
GLD:
2.97%
EIRRX:
1.69%
GLD:
15.37%
EIRRX:
-10.28%
GLD:
-45.56%
EIRRX:
0.00%
GLD:
0.00%
Returns By Period
In the year-to-date period, EIRRX achieves a 1.30% return, which is significantly lower than GLD's 11.80% return. Over the past 10 years, EIRRX has underperformed GLD with an annualized return of 3.50%, while GLD has yielded a comparatively higher 8.94% annualized return.
EIRRX
1.30%
0.60%
3.01%
6.61%
4.55%
3.50%
GLD
11.80%
8.60%
16.45%
45.27%
12.23%
8.94%
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EIRRX vs. GLD - Expense Ratio Comparison
EIRRX has a 0.64% expense ratio, which is higher than GLD's 0.40% expense ratio.
Risk-Adjusted Performance
EIRRX vs. GLD — Risk-Adjusted Performance Rank
EIRRX
GLD
EIRRX vs. GLD - 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 SPDR Gold Trust (GLD). 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. GLD - Dividend Comparison
EIRRX's dividend yield for the trailing twelve months is around 4.04%, while GLD has not paid dividends to shareholders.
| 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% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EIRRX vs. GLD - Drawdown Comparison
The maximum EIRRX drawdown since its inception was -10.28%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for EIRRX and GLD. For additional features, visit the drawdowns tool.
Volatility
EIRRX vs. GLD - Volatility Comparison
The current volatility for Eaton Vance Short Duration Inflation-Protected Income Fund (EIRRX) is 0.38%, while SPDR Gold Trust (GLD) has a volatility of 4.02%. This indicates that EIRRX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.