ESIIX vs. FSRIX
Compare and contrast key facts about Eaton Vance Strategic Income Fund Class I (ESIIX) and Fidelity Advisor Strategic Income Fund Class I (FSRIX).
ESIIX is an actively managed fund by Eaton Vance. It was launched on Apr 3, 2009. FSRIX is managed by Fidelity. It was launched on Jul 3, 1995.
Performance
ESIIX vs. FSRIX - Performance Comparison
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ESIIX vs. FSRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESIIX Eaton Vance Strategic Income Fund Class I | 0.53% | 12.46% | 6.66% | 8.52% | -2.32% | 1.59% | 7.80% | 7.65% | -2.44% | 5.16% |
FSRIX Fidelity Advisor Strategic Income Fund Class I | -0.90% | 8.97% | 6.02% | 9.51% | -11.91% | 3.50% | 7.50% | 11.01% | -2.70% | 8.08% |
Returns By Period
In the year-to-date period, ESIIX achieves a 0.53% return, which is significantly higher than FSRIX's -0.90% return. Over the past 10 years, ESIIX has outperformed FSRIX with an annualized return of 5.12%, while FSRIX has yielded a comparatively lower 4.24% annualized return.
ESIIX
- 1D
- 0.15%
- 1M
- -2.15%
- YTD
- 0.53%
- 6M
- 3.43%
- 1Y
- 9.40%
- 3Y*
- 8.51%
- 5Y*
- 5.22%
- 10Y*
- 5.12%
FSRIX
- 1D
- 0.00%
- 1M
- -2.70%
- YTD
- -0.90%
- 6M
- 0.46%
- 1Y
- 7.05%
- 3Y*
- 6.73%
- 5Y*
- 2.78%
- 10Y*
- 4.24%
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ESIIX vs. FSRIX - Expense Ratio Comparison
ESIIX has a 1.21% expense ratio, which is higher than FSRIX's 0.71% expense ratio.
Return for Risk
ESIIX vs. FSRIX — Risk / Return Rank
ESIIX
FSRIX
ESIIX vs. FSRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Strategic Income Fund Class I (ESIIX) and Fidelity Advisor Strategic Income Fund Class I (FSRIX). 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 | FSRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.12 | 2.12 | +1.00 |
Sortino ratioReturn per unit of downside risk | 4.43 | 2.94 | +1.49 |
Omega ratioGain probability vs. loss probability | 1.71 | 1.42 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 3.99 | 2.75 | +1.24 |
Martin ratioReturn relative to average drawdown | 16.84 | 10.91 | +5.93 |
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 | FSRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.12 | 2.12 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.67 | 0.63 | +1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.63 | 0.96 | +0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.52 | -0.07 |
Correlation
The correlation between ESIIX and FSRIX is 0.39, 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
ESIIX vs. FSRIX - Dividend Comparison
ESIIX's dividend yield for the trailing twelve months is around 7.40%, more than FSRIX's 4.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESIIX Eaton Vance Strategic Income Fund Class I | 7.40% | 7.01% | 7.23% | 7.19% | 5.82% | 4.57% | 4.44% | 5.29% | 4.25% | 3.95% | 4.18% | 4.59% |
FSRIX Fidelity Advisor Strategic Income Fund Class I | 4.03% | 4.29% | 4.16% | 4.28% | 2.91% | 4.18% | 4.53% | 4.30% | 3.74% | 4.17% | 3.75% | 3.09% |
Drawdowns
ESIIX vs. FSRIX - Drawdown Comparison
The maximum ESIIX drawdown since its inception was -26.87%, which is greater than FSRIX's maximum drawdown of -22.98%. Use the drawdown chart below to compare losses from any high point for ESIIX and FSRIX.
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Drawdown Indicators
| ESIIX | FSRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.87% | -22.98% | -3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -2.70% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -6.18% | -15.99% | +9.81% |
Max Drawdown (10Y)Largest decline over 10 years | -12.25% | -15.99% | +3.74% |
Current DrawdownCurrent decline from peak | -2.15% | -2.70% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -4.72% | -0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 0.68% | -0.10% |
Volatility
ESIIX vs. FSRIX - Volatility Comparison
The current volatility for Eaton Vance Strategic Income Fund Class I (ESIIX) is 1.32%, while Fidelity Advisor Strategic Income Fund Class I (FSRIX) has a volatility of 1.57%. This indicates that ESIIX experiences smaller price fluctuations and is considered to be less risky than FSRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESIIX | FSRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 1.57% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 2.41% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.03% | 3.57% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.15% | 4.44% | -1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.15% | 4.43% | -1.28% |