ETIEX vs. ETIMX
Compare and contrast key facts about Eventide Exponential Technologies Fund (ETIEX) and Eventide Multi-Asset Income Fund (ETIMX).
ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020. ETIMX is managed by Eventide Funds. It was launched on Jul 14, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIEX or ETIMX.
Correlation
The correlation between ETIEX and ETIMX is 0.72, 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
ETIEX vs. ETIMX - Performance Comparison
Key characteristics
ETIEX:
0.18
ETIMX:
1.27
ETIEX:
0.42
ETIMX:
1.81
ETIEX:
1.05
ETIMX:
1.21
ETIEX:
0.09
ETIMX:
0.88
ETIEX:
0.38
ETIMX:
7.35
ETIEX:
11.90%
ETIMX:
1.44%
ETIEX:
24.54%
ETIMX:
8.33%
ETIEX:
-54.41%
ETIMX:
-23.88%
ETIEX:
-35.27%
ETIMX:
-5.83%
Returns By Period
In the year-to-date period, ETIEX achieves a 3.06% return, which is significantly lower than ETIMX's 9.60% return.
ETIEX
3.06%
5.72%
12.51%
3.13%
N/A
N/A
ETIMX
9.60%
-3.73%
2.97%
10.15%
6.38%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETIEX vs. ETIMX - Expense Ratio Comparison
ETIEX has a 1.43% expense ratio, which is higher than ETIMX's 0.82% expense ratio.
Risk-Adjusted Performance
ETIEX vs. ETIMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Exponential Technologies Fund (ETIEX) and Eventide Multi-Asset Income Fund (ETIMX). 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
ETIEX vs. ETIMX - Dividend Comparison
ETIEX has not paid dividends to shareholders, while ETIMX's dividend yield for the trailing twelve months is around 1.57%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETIEX Eventide Exponential Technologies Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ETIMX Eventide Multi-Asset Income Fund | 1.57% | 1.62% | 1.95% | 1.54% | 1.88% | 2.91% | 3.94% | 3.02% | 2.38% | 0.46% |
Drawdowns
ETIEX vs. ETIMX - Drawdown Comparison
The maximum ETIEX drawdown since its inception was -54.41%, which is greater than ETIMX's maximum drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for ETIEX and ETIMX. For additional features, visit the drawdowns tool.
Volatility
ETIEX vs. ETIMX - Volatility Comparison
Eventide Exponential Technologies Fund (ETIEX) has a higher volatility of 7.13% compared to Eventide Multi-Asset Income Fund (ETIMX) at 2.79%. This indicates that ETIEX's price experiences larger fluctuations and is considered to be riskier than ETIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.