ERBIX vs. EEIAX
Compare and contrast key facts about Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and Eaton Vance Emerging Markets Local Income Fund (EEIAX).
ERBIX is managed by Eaton Vance. It was launched on Oct 11, 2010. EEIAX is managed by Eaton Vance. It was launched on Jun 26, 2007.
Performance
ERBIX vs. EEIAX - Performance Comparison
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ERBIX vs. EEIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund | -2.81% | 18.35% | 15.00% | 14.63% | -14.75% | 17.75% | 16.49% | 36.69% | -11.86% | 20.94% |
EEIAX Eaton Vance Emerging Markets Local Income Fund | -0.99% | 23.43% | -1.23% | 13.63% | -11.99% | -7.64% | 4.68% | 22.66% | -8.38% | 16.10% |
Returns By Period
In the year-to-date period, ERBIX achieves a -2.81% return, which is significantly lower than EEIAX's -0.99% return. Over the past 10 years, ERBIX has outperformed EEIAX with an annualized return of 11.21%, while EEIAX has yielded a comparatively lower 4.56% annualized return.
ERBIX
- 1D
- 3.16%
- 1M
- -6.32%
- YTD
- -2.81%
- 6M
- 0.68%
- 1Y
- 17.69%
- 3Y*
- 12.66%
- 5Y*
- 7.17%
- 10Y*
- 11.21%
EEIAX
- 1D
- 0.88%
- 1M
- -5.04%
- YTD
- -0.99%
- 6M
- 4.40%
- 1Y
- 18.10%
- 3Y*
- 8.97%
- 5Y*
- 3.83%
- 10Y*
- 4.56%
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ERBIX vs. EEIAX - Expense Ratio Comparison
ERBIX has a 0.93% expense ratio, which is lower than EEIAX's 1.19% expense ratio.
Return for Risk
ERBIX vs. EEIAX — Risk / Return Rank
ERBIX
EEIAX
ERBIX vs. EEIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and Eaton Vance Emerging Markets Local Income Fund (EEIAX). 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.
| ERBIX | EEIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 2.66 | -1.59 |
Sortino ratioReturn per unit of downside risk | 1.60 | 3.68 | -2.08 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.53 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | 1.60 | 2.45 | -0.84 |
Martin ratioReturn relative to average drawdown | 6.94 | 11.20 | -4.26 |
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
| ERBIX | EEIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 2.66 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.48 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.54 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.41 | +0.28 |
Correlation
The correlation between ERBIX and EEIAX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ERBIX vs. EEIAX - Dividend Comparison
ERBIX's dividend yield for the trailing twelve months is around 18.67%, more than EEIAX's 10.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund | 18.67% | 18.14% | 4.12% | 8.82% | 5.97% | 13.08% | 2.63% | 16.82% | 5.93% | 5.78% | 3.59% | 2.32% |
EEIAX Eaton Vance Emerging Markets Local Income Fund | 10.48% | 8.48% | 11.19% | 11.34% | 13.39% | 11.14% | 9.77% | 13.03% | 10.48% | 8.74% | 10.80% | 11.65% |
Drawdowns
ERBIX vs. EEIAX - Drawdown Comparison
The maximum ERBIX drawdown since its inception was -29.18%, smaller than the maximum EEIAX drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for ERBIX and EEIAX.
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Drawdown Indicators
| ERBIX | EEIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.18% | -31.70% | +2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.44% | -7.40% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -24.32% | -26.72% | +2.40% |
Max Drawdown (10Y)Largest decline over 10 years | -29.18% | -28.43% | -0.75% |
Current DrawdownCurrent decline from peak | -7.59% | -6.58% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -4.53% | -8.97% | +4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 1.62% | +1.02% |
Volatility
ERBIX vs. EEIAX - Volatility Comparison
Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) has a higher volatility of 6.49% compared to Eaton Vance Emerging Markets Local Income Fund (EEIAX) at 3.71%. This indicates that ERBIX's price experiences larger fluctuations and is considered to be riskier than EEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERBIX | EEIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 3.71% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | 5.17% | +5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.02% | 6.83% | +10.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 8.06% | +6.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.36% | 8.43% | +7.93% |