EIVPX vs. GTEYX
Compare and contrast key facts about Parametric Volatility Risk Premium - Defensive Fund (EIVPX) and Gateway Fund Class Y Shares (GTEYX).
EIVPX is managed by Eaton Vance. It was launched on Feb 8, 2017. GTEYX is managed by Natixis.
Performance
EIVPX vs. GTEYX - Performance Comparison
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EIVPX vs. GTEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIVPX Parametric Volatility Risk Premium - Defensive Fund | 0.06% | 12.90% | 16.45% | 16.83% | -8.64% | 17.96% | 4.74% | 15.46% | -2.80% | 8.71% |
GTEYX Gateway Fund Class Y Shares | -2.59% | 10.28% | 15.82% | 14.70% | -11.84% | 11.49% | 7.19% | 11.12% | -4.17% | 7.84% |
Returns By Period
In the year-to-date period, EIVPX achieves a 0.06% return, which is significantly higher than GTEYX's -2.59% return.
EIVPX
- 1D
- 0.36%
- 1M
- -0.95%
- YTD
- 0.06%
- 6M
- 3.20%
- 1Y
- 14.15%
- 3Y*
- 13.37%
- 5Y*
- 9.41%
- 10Y*
- —
GTEYX
- 1D
- 0.47%
- 1M
- -2.59%
- YTD
- -2.59%
- 6M
- -0.13%
- 1Y
- 9.95%
- 3Y*
- 10.71%
- 5Y*
- 6.20%
- 10Y*
- 6.43%
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EIVPX vs. GTEYX - Expense Ratio Comparison
EIVPX has a 0.47% expense ratio, which is lower than GTEYX's 0.70% expense ratio.
Return for Risk
EIVPX vs. GTEYX — Risk / Return Rank
EIVPX
GTEYX
EIVPX vs. GTEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parametric Volatility Risk Premium - Defensive Fund (EIVPX) and Gateway Fund Class Y Shares (GTEYX). 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.
| EIVPX | GTEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 1.01 | +0.24 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.66 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.46 | +1.17 |
Martin ratioReturn relative to average drawdown | 10.77 | 1.75 | +9.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EIVPX | GTEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.01 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.68 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.67 | +0.06 |
Correlation
The correlation between EIVPX and GTEYX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EIVPX vs. GTEYX - Dividend Comparison
EIVPX's dividend yield for the trailing twelve months is around 4.01%, more than GTEYX's 0.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIVPX Parametric Volatility Risk Premium - Defensive Fund | 4.01% | 4.01% | 2.67% | 5.09% | 7.95% | 1.22% | 0.75% | 1.23% | 1.24% | 0.53% | 0.00% | 0.00% |
GTEYX Gateway Fund Class Y Shares | 0.37% | 0.39% | 0.65% | 0.90% | 0.89% | 0.66% | 1.06% | 1.32% | 1.41% | 1.24% | 1.60% | 2.09% |
Drawdowns
EIVPX vs. GTEYX - Drawdown Comparison
The maximum EIVPX drawdown since its inception was -26.67%, which is greater than GTEYX's maximum drawdown of -16.58%. Use the drawdown chart below to compare losses from any high point for EIVPX and GTEYX.
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Drawdown Indicators
| EIVPX | GTEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.67% | -16.58% | -10.09% |
Max Drawdown (1Y)Largest decline over 1 year | -6.41% | -5.98% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -14.07% | -16.25% | +2.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.25% | — |
Current DrawdownCurrent decline from peak | -1.76% | -3.93% | +2.17% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -2.08% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 3.01% | -1.63% |
Volatility
EIVPX vs. GTEYX - Volatility Comparison
Parametric Volatility Risk Premium - Defensive Fund (EIVPX) has a higher volatility of 3.21% compared to Gateway Fund Class Y Shares (GTEYX) at 3.05%. This indicates that EIVPX's price experiences larger fluctuations and is considered to be riskier than GTEYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIVPX | GTEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 3.05% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 5.57% | 5.88% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.64% | 12.48% | -0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.84% | 9.56% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.90% | 8.87% | +3.03% |