ESIIX vs. EGRIX
Compare and contrast key facts about Eaton Vance Strategic Income Fund Class I (ESIIX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX).
ESIIX is an actively managed fund by Eaton Vance. It was launched on Apr 3, 2009. EGRIX is managed by Eaton Vance. It was launched on Aug 30, 2010.
Performance
ESIIX vs. EGRIX - Performance Comparison
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ESIIX vs. EGRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESIIX Eaton Vance Strategic Income Fund Class I | 0.83% | 12.46% | 6.66% | 8.52% | -2.32% | 1.59% | 7.80% | 7.65% | -2.44% | 5.16% |
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, ESIIX achieves a 0.83% return, which is significantly lower than EGRIX's 3.42% return. Over the past 10 years, ESIIX has underperformed EGRIX with an annualized return of 5.15%, while EGRIX has yielded a comparatively higher 6.32% annualized return.
ESIIX
- 1D
- 0.29%
- 1M
- -1.43%
- YTD
- 0.83%
- 6M
- 3.43%
- 1Y
- 9.56%
- 3Y*
- 8.62%
- 5Y*
- 5.25%
- 10Y*
- 5.15%
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%
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ESIIX vs. EGRIX - Expense Ratio Comparison
ESIIX has a 1.21% expense ratio, which is higher than EGRIX's 1.05% expense ratio.
Return for Risk
ESIIX vs. EGRIX — Risk / Return Rank
ESIIX
EGRIX
ESIIX vs. EGRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Strategic Income Fund Class I (ESIIX) 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.
| ESIIX | EGRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.22 | 5.18 | -1.97 |
Sortino ratioReturn per unit of downside risk | 4.58 | 6.98 | -2.40 |
Omega ratioGain probability vs. loss probability | 1.73 | 2.39 | -0.66 |
Calmar ratioReturn relative to maximum drawdown | 3.99 | 5.93 | -1.93 |
Martin ratioReturn relative to average drawdown | 16.51 | 24.80 | -8.29 |
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
| ESIIX | EGRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.22 | 5.18 | -1.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.67 | 2.15 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.64 | 1.60 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 1.29 | -0.83 |
Correlation
The correlation between ESIIX and EGRIX is 0.60, 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
ESIIX vs. EGRIX - Dividend Comparison
ESIIX's dividend yield for the trailing twelve months is around 7.37%, more than EGRIX's 6.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESIIX Eaton Vance Strategic Income Fund Class I | 7.37% | 7.01% | 7.23% | 7.19% | 5.82% | 4.57% | 4.44% | 5.29% | 4.25% | 3.95% | 4.18% | 4.59% |
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
ESIIX vs. EGRIX - Drawdown Comparison
The maximum ESIIX drawdown since its inception was -26.87%, which is greater than EGRIX's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for ESIIX and EGRIX.
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Drawdown Indicators
| ESIIX | EGRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.87% | -14.17% | -12.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -3.13% | +0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -6.18% | -10.18% | +4.00% |
Max Drawdown (10Y)Largest decline over 10 years | -12.25% | -14.17% | +1.92% |
Current DrawdownCurrent decline from peak | -1.86% | -3.12% | +1.26% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -1.85% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.75% | -0.16% |
Volatility
ESIIX vs. EGRIX - Volatility Comparison
The current volatility for Eaton Vance Strategic Income Fund Class I (ESIIX) is 1.33%, while Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) has a volatility of 1.78%. This indicates that ESIIX experiences smaller price fluctuations and is considered to be less risky 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
| ESIIX | EGRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 1.78% | -0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 1.98% | 2.97% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.04% | 3.67% | -0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.15% | 4.00% | -0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.16% | 3.95% | -0.79% |