ETEGX vs. ^GSPC
Compare and contrast key facts about Eaton Vance Small-Cap Fund (ETEGX) and S&P 500 (^GSPC).
ETEGX is managed by Eaton Vance. It was launched on Jan 2, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETEGX or ^GSPC.
Correlation
The correlation between ETEGX and ^GSPC is 0.84, 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
ETEGX vs. ^GSPC - Performance Comparison
Key characteristics
ETEGX:
0.14
^GSPC:
0.48
ETEGX:
0.38
^GSPC:
0.80
ETEGX:
1.05
^GSPC:
1.12
ETEGX:
0.14
^GSPC:
0.49
ETEGX:
0.43
^GSPC:
1.90
ETEGX:
7.03%
^GSPC:
4.90%
ETEGX:
19.71%
^GSPC:
19.37%
ETEGX:
-55.47%
^GSPC:
-56.78%
ETEGX:
-12.28%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, ETEGX achieves a -4.80% return, which is significantly lower than ^GSPC's -3.70% return. Over the past 10 years, ETEGX has underperformed ^GSPC with an annualized return of 7.58%, while ^GSPC has yielded a comparatively higher 10.43% annualized return.
ETEGX
-4.80%
11.98%
-9.04%
2.84%
10.58%
7.58%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
ETEGX vs. ^GSPC — Risk-Adjusted Performance Rank
ETEGX
^GSPC
ETEGX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Small-Cap Fund (ETEGX) and S&P 500 (^GSPC). 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.
Drawdowns
ETEGX vs. ^GSPC - Drawdown Comparison
The maximum ETEGX drawdown since its inception was -55.47%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ETEGX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ETEGX vs. ^GSPC - Volatility Comparison
The current volatility for Eaton Vance Small-Cap Fund (ETEGX) is 9.56%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that ETEGX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.