ERBIX vs. EEOFX
Compare and contrast key facts about Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and Essex Environmental Opportunities Fund (EEOFX).
ERBIX is managed by Eaton Vance. It was launched on Oct 11, 2010. EEOFX is managed by Pear Tree Funds. It was launched on Sep 1, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERBIX or EEOFX.
Key characteristics
| ERBIX | EEOFX | |
|---|---|---|
| YTD Return | 18.97% | 12.47% |
| 1Y Return | 29.47% | 32.97% |
| 3Y Return (Ann) | 5.24% | -12.89% |
| 5Y Return (Ann) | 10.83% | 6.77% |
| Sharpe Ratio | 2.45 | 1.51 |
| Sortino Ratio | 3.31 | 2.18 |
| Omega Ratio | 1.45 | 1.25 |
| Calmar Ratio | 2.55 | 0.61 |
| Martin Ratio | 16.59 | 5.99 |
| Ulcer Index | 1.73% | 5.18% |
| Daily Std Dev | 11.73% | 20.50% |
| Max Drawdown | -29.18% | -53.16% |
| Current Drawdown | -0.20% | -34.86% |
Correlation
The correlation between ERBIX and EEOFX is 0.77, 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.
Performance
ERBIX vs. EEOFX - Performance Comparison
In the year-to-date period, ERBIX achieves a 18.97% return, which is significantly higher than EEOFX's 12.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ERBIX vs. EEOFX - Expense Ratio Comparison
ERBIX has a 0.93% expense ratio, which is lower than EEOFX's 2.11% expense ratio.
Risk-Adjusted Performance
ERBIX vs. EEOFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) and Essex Environmental Opportunities Fund (EEOFX). 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.
Dividends
ERBIX vs. EEOFX - Dividend Comparison
ERBIX's dividend yield for the trailing twelve months is around 1.19%, while EEOFX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERBIX Eaton Vance Richard Bernstein Equity Strategy Fund | 1.19% | 1.42% | 0.89% | 2.16% | 0.64% | 1.21% | 0.33% | 0.53% | 1.08% | 2.32% | 0.84% | 0.61% |
EEOFX Essex Environmental Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ERBIX vs. EEOFX - Drawdown Comparison
The maximum ERBIX drawdown since its inception was -29.18%, smaller than the maximum EEOFX drawdown of -53.16%. Use the drawdown chart below to compare losses from any high point for ERBIX and EEOFX. For additional features, visit the drawdowns tool.
Volatility
ERBIX vs. EEOFX - Volatility Comparison
The current volatility for Eaton Vance Richard Bernstein Equity Strategy Fund (ERBIX) is 3.47%, while Essex Environmental Opportunities Fund (EEOFX) has a volatility of 4.65%. This indicates that ERBIX experiences smaller price fluctuations and is considered to be less risky than EEOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.