EISMX vs. EIGMX
EISMX (Eaton Vance Atlanta Capital SMID-Cap Fund) and EIGMX (Eaton Vance Global Macro Absolute Return Fund) are both mutual funds - EISMX is a Mid Cap Growth Equities fund managed by Eaton Vance, while EIGMX is a Nontraditional Bonds fund managed by Eaton Vance. Over the past 10 years, EISMX returned 10.34%/yr vs 4.96%/yr for EIGMX. Their 0.12 correlation means their historical movements had little consistent relationship. EISMX charges 0.88%/yr vs 0.76%/yr for EIGMX.
Performance
EISMX vs. EIGMX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EISMX having a 5.24% return and EIGMX slightly higher at 5.42%. Over the past 10 years, EISMX has outperformed EIGMX with an annualized return of 10.34%, while EIGMX has yielded a comparatively lower 4.96% annualized return.
EISMX
- 1D
- -1.07%
- 1M
- 3.30%
- 6M
- 3.91%
- YTD
- 5.24%
- 1Y
- 2.39%
- 3Y*
- 6.91%
- 5Y*
- 5.08%
- 10Y*
- 10.34%
- ALL TIME*
- 10.64%
EIGMX
- 1D
- 0.00%
- 1M
- 0.22%
- 6M
- 2.90%
- YTD
- 5.42%
- 1Y
- 11.54%
- 3Y*
- 9.03%
- 5Y*
- 6.45%
- 10Y*
- 4.96%
- ALL TIME*
- 4.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EISMX vs. EIGMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund | 5.24% | -5.66% | 17.64% | 14.01% | -8.77% | 22.02% | 11.31% | 34.37% | -5.55% | 24.71% |
EIGMX Eaton Vance Global Macro Absolute Return Fund | 5.42% | 11.37% | 8.69% | 6.99% | -0.47% | 2.19% | 3.59% | 9.76% | -3.29% | 4.29% |
Correlation
The correlation between EISMX and EIGMX is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2007 | 0.12 |
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Return for Risk
EISMX vs. EIGMX — Risk / Return Rank
EISMX
EIGMX
EISMX vs. EIGMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX) and Eaton Vance Global Macro Absolute Return Fund (EIGMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EISMX | EIGMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.26 | ||
| Sortino ratioReturn per unit of downside risk | -9.86 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 2.98 | -1.98 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 8.12 | -8.22 |
| Martin ratioReturn relative to average drawdown | -0.20 | 29.31 | -29.51 |
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Drawdowns
EISMX vs. EIGMX - Drawdown Comparison
The maximum EISMX drawdown since its inception was -45.32%, which is greater than EIGMX's maximum drawdown of -9.42%. Use the drawdown chart below to compare losses from any high point for EISMX and EIGMX.
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Drawdown Indicators
| EISMX | EIGMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.32% | -9.42% | -35.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.69% | -1.44% | -11.25% |
Max Drawdown (3Y)Largest decline over 3 years | -19.39% | -1.63% | -17.76% |
Max Drawdown (5Y)Largest decline over 5 years | -19.81% | -7.39% | -12.42% |
Max Drawdown (10Y)Largest decline over 10 years | -39.95% | -9.42% | -30.53% |
Current DrawdownCurrent decline from peak | -6.45% | 0.00% | -6.45% |
Average DrawdownAverage peak-to-trough decline | -5.86% | -0.91% | -4.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.40% | 0.40% | +6.00% |
Volatility
EISMX vs. EIGMX - Volatility Comparison
Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX) has a higher volatility of 5.63% compared to Eaton Vance Global Macro Absolute Return Fund (EIGMX) at 0.50%. This indicates that EISMX's price experiences larger fluctuations and is considered to be riskier than EIGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EISMX | EIGMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 0.50% | +5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.13% | 1.58% | +10.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.19% | 1.90% | +14.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.21% | 2.62% | +14.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.87% | 2.50% | +16.37% |
EISMX vs. EIGMX - Expense Ratio Comparison
EISMX has a 0.88% expense ratio, which is higher than EIGMX's 0.76% expense ratio.
Dividends
EISMX vs. EIGMX - Dividend Comparison
EISMX's dividend yield for the trailing twelve months is around 6.11%, less than EIGMX's 6.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIGMX Eaton Vance Global Macro Absolute Return Fund | 6.66% | 5.72% | 6.16% | 5.79% | 4.78% | 4.18% | 4.37% | 5.44% | 3.72% | 3.42% | 4.02% | 5.54% |
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund | 6.11% | 6.43% | 7.26% | 2.78% | 10.37% | 10.49% | 9.80% | 6.52% | 7.20% | 3.30% | 3.58% | 6.70% |
Frequently Asked Questions
EISMX and EIGMX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EISMX has higher volatility (5.63%) compared to EIGMX (0.50%). In terms of maximum drawdown, EISMX dropped -45.32% vs EIGMX's -9.42%.
EIGMX currently has the higher Sharpe Ratio (6.18 vs -0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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