EOS vs. ADX
EOS (Eaton Vance Enhanced Equity Income Fund II) and ADX (Adams Diversified Equity Fund, Inc.) are both mutual funds - EOS is a Derivative Income fund actively managed by Eaton Vance, while ADX is a Large Cap Blend Equities fund actively managed by Adams Funds. Both are actively managed. Over the past 10 years, EOS returned 13.63%/yr vs 18.49%/yr for ADX. A 0.69 correlation means they provide meaningful diversification when combined. EOS charges 1.09%/yr vs 0.59%/yr for ADX.
Performance
EOS vs. ADX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EOS achieves a -3.08% return, which is significantly lower than ADX's 11.55% return. Over the past 10 years, EOS has underperformed ADX with an annualized return of 13.63%, while ADX has yielded a comparatively higher 18.49% annualized return.
EOS
- 1D
- -1.45%
- 1M
- -2.96%
- YTD
- -3.08%
- 6M
- -0.45%
- 1Y
- 2.71%
- 3Y*
- 17.02%
- 5Y*
- 7.44%
- 10Y*
- 13.63%
ADX
- 1D
- -1.15%
- 1M
- -0.08%
- YTD
- 11.55%
- 6M
- 13.84%
- 1Y
- 30.85%
- 3Y*
- 27.81%
- 5Y*
- 16.80%
- 10Y*
- 18.49%
EOS vs. ADX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EOS Eaton Vance Enhanced Equity Income Fund II | -3.08% | 5.77% | 38.69% | 22.59% | -26.50% | 20.30% | 29.45% | 30.32% | 2.77% | 27.89% |
ADX Adams Diversified Equity Fund, Inc. | 11.55% | 26.03% | 28.31% | 31.49% | -19.82% | 29.69% | 17.28% | 36.75% | -3.58% | 29.61% |
Correlation
The correlation between EOS and ADX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2005 | 0.69 |
The correlation between EOS and ADX shifts across timeframes, from 0.67 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EOS vs. ADX — Risk / Return Rank
EOS
ADX
EOS vs. ADX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Enhanced Equity Income Fund II (EOS) and Adams Diversified Equity Fund, Inc. (ADX). 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.
| EOS | ADX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.37 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 3.05 | -2.89 |
| Martin ratioReturn relative to average drawdown | 0.51 | 15.50 | -14.99 |
Loading charts...
Drawdowns
EOS vs. ADX - Drawdown Comparison
The maximum EOS drawdown since its inception was -55.74%, smaller than the maximum ADX drawdown of -71.60%. Use the drawdown chart below to compare losses from any high point for EOS and ADX.
Loading charts...
Drawdown Indicators
| EOS | ADX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.74% | -71.60% | +15.86% |
Max Drawdown (1Y)Largest decline over 1 year | -17.12% | -10.16% | -6.96% |
Max Drawdown (3Y)Largest decline over 3 years | -24.31% | -18.29% | -6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -34.32% | -25.07% | -9.25% |
Max Drawdown (10Y)Largest decline over 10 years | -41.12% | -37.17% | -3.95% |
Current DrawdownCurrent decline from peak | -5.31% | -2.42% | -2.89% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -22.11% | +14.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.36% | 2.00% | +3.36% |
Volatility
EOS vs. ADX - Volatility Comparison
Eaton Vance Enhanced Equity Income Fund II (EOS) and Adams Diversified Equity Fund, Inc. (ADX) have volatilities of 4.79% and 4.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EOS | ADX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 4.82% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.30% | 11.24% | +1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 14.45% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.76% | 17.40% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.75% | 18.07% | +2.68% |
EOS vs. ADX - Expense Ratio Comparison
EOS has a 1.09% expense ratio, which is higher than ADX's 0.59% expense ratio.
Dividends
EOS vs. ADX - Dividend Comparison
EOS's dividend yield for the trailing twelve months is around 8.40%, more than ADX's 7.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADX Adams Diversified Equity Fund, Inc. | 7.48% | 7.93% | 12.38% | 7.34% | 7.36% | 15.35% | 6.54% | 9.00% | 15.85% | 9.18% | 7.79% | 7.17% |
EOS Eaton Vance Enhanced Equity Income Fund II | 8.40% | 7.81% | 7.17% | 7.38% | 9.69% | 5.60% | 5.01% | 6.65% | 7.16% | 6.90% | 8.20% | 7.70% |
Frequently Asked Questions
EOS and ADX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADX has higher volatility (4.82%) compared to EOS (4.79%). In terms of maximum drawdown, EOS dropped -55.74% vs ADX's -71.60%.
ADX currently has the higher Sharpe Ratio (2.15 vs 0.18), 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.
Find the right allocation for EOS and ADX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer