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EOI vs. EGRIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EOI vs. EGRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Enhanced Equity Income Fund (EOI) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX). The values are adjusted to include any dividend payments, if applicable.

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EOI vs. EGRIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EOI
Eaton Vance Enhanced Equity Income Fund
-6.83%7.21%35.73%20.67%-19.78%32.93%9.59%31.97%-4.26%26.31%
EGRIX
Eaton Vance Global Macro Absolute Return Advantage Fund
3.42%20.36%9.50%8.37%-1.94%3.66%4.71%14.80%-8.34%5.78%

Returns By Period

In the year-to-date period, EOI achieves a -6.83% return, which is significantly lower than EGRIX's 3.42% return. Over the past 10 years, EOI has outperformed EGRIX with an annualized return of 12.16%, while EGRIX has yielded a comparatively lower 6.32% annualized return.


EOI

1D
3.59%
1M
-7.27%
YTD
-6.83%
6M
-7.16%
1Y
8.11%
3Y*
16.26%
5Y*
10.36%
10Y*
12.16%

EGRIX

1D
-0.17%
1M
-2.03%
YTD
3.42%
6M
9.75%
1Y
18.85%
3Y*
13.02%
5Y*
8.53%
10Y*
6.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EOI vs. EGRIX - Expense Ratio Comparison

EOI has a 0.01% expense ratio, which is lower than EGRIX's 1.05% expense ratio.


Return for Risk

EOI vs. EGRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EOI
EOI Risk / Return Rank: 1919
Overall Rank
EOI Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
EOI Sortino Ratio Rank: 1717
Sortino Ratio Rank
EOI Omega Ratio Rank: 1919
Omega Ratio Rank
EOI Calmar Ratio Rank: 2222
Calmar Ratio Rank
EOI Martin Ratio Rank: 2121
Martin Ratio Rank

EGRIX
EGRIX Risk / Return Rank: 9999
Overall Rank
EGRIX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
EGRIX Sortino Ratio Rank: 9999
Sortino Ratio Rank
EGRIX Omega Ratio Rank: 9999
Omega Ratio Rank
EGRIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
EGRIX Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EOI vs. EGRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Enhanced Equity Income Fund (EOI) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX). 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.


EOIEGRIXDifference

Sharpe ratio

Return per unit of total volatility

0.44

5.18

-4.74

Sortino ratio

Return per unit of downside risk

0.74

6.98

-6.24

Omega ratio

Gain probability vs. loss probability

1.11

2.39

-1.28

Calmar ratio

Return relative to maximum drawdown

0.65

5.93

-5.28

Martin ratio

Return relative to average drawdown

2.24

24.80

-22.56

EOI vs. EGRIX - Sharpe Ratio Comparison

The current EOI Sharpe Ratio is 0.44, which is lower than the EGRIX Sharpe Ratio of 5.18. The chart below compares the historical Sharpe Ratios of EOI and EGRIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


EOIEGRIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.44

5.18

-4.74

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.56

2.15

-1.59

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

1.60

-0.99

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

1.29

-0.88

Correlation

The correlation between EOI and EGRIX is 0.19, 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.


Dividends

EOI vs. EGRIX - Dividend Comparison

EOI's dividend yield for the trailing twelve months is around 8.55%, more than EGRIX's 6.43% yield.


TTM20252024202320222021202020192018201720162015
EOI
Eaton Vance Enhanced Equity Income Fund
8.55%7.81%7.38%7.93%8.80%5.83%6.66%6.78%8.01%7.15%8.36%7.73%
EGRIX
Eaton Vance Global Macro Absolute Return Advantage Fund
6.43%6.65%6.00%3.40%4.82%4.89%5.82%4.15%0.06%3.22%1.78%6.67%

Drawdowns

EOI vs. EGRIX - Drawdown Comparison

The maximum EOI drawdown since its inception was -53.72%, which is greater than EGRIX's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for EOI and EGRIX.


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Drawdown Indicators


EOIEGRIXDifference

Max Drawdown

Largest peak-to-trough decline

-53.72%

-14.17%

-39.55%

Max Drawdown (1Y)

Largest decline over 1 year

-13.24%

-3.13%

-10.11%

Max Drawdown (5Y)

Largest decline over 5 years

-26.82%

-10.18%

-16.64%

Max Drawdown (10Y)

Largest decline over 10 years

-40.01%

-14.17%

-25.84%

Current Drawdown

Current decline from peak

-9.24%

-3.12%

-6.12%

Average Drawdown

Average peak-to-trough decline

-7.42%

-1.85%

-5.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.85%

0.75%

+3.10%

Volatility

EOI vs. EGRIX - Volatility Comparison

Eaton Vance Enhanced Equity Income Fund (EOI) has a higher volatility of 6.49% compared to Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) at 1.78%. This indicates that EOI's price experiences larger fluctuations and is considered to be riskier than EGRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EOIEGRIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.49%

1.78%

+4.71%

Volatility (6M)

Calculated over the trailing 6-month period

10.14%

2.97%

+7.17%

Volatility (1Y)

Calculated over the trailing 1-year period

19.15%

3.67%

+15.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.59%

4.00%

+14.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.87%

3.95%

+15.92%