Correlation
The correlation between ETILX and ETIEX is 0.73, 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.
ETILX vs. ETIEX
Compare and contrast key facts about Eventide Gilead Class I (ETILX) and Eventide Exponential Technologies Fund (ETIEX).
ETILX is managed by Eventide Funds. ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETILX or ETIEX.
Performance
ETILX vs. ETIEX - Performance Comparison
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Key characteristics
ETILX:
0.18
ETIEX:
0.14
ETILX:
0.35
ETIEX:
0.38
ETILX:
1.04
ETIEX:
1.05
ETILX:
0.08
ETIEX:
0.07
ETILX:
0.39
ETIEX:
0.34
ETILX:
7.69%
ETIEX:
10.00%
ETILX:
24.36%
ETIEX:
30.82%
ETILX:
-41.30%
ETIEX:
-53.83%
ETILX:
-24.50%
ETIEX:
-37.16%
Returns By Period
In the year-to-date period, ETILX achieves a 0.62% return, which is significantly higher than ETIEX's -3.65% return.
ETILX
0.62%
8.03%
-4.00%
3.73%
6.91%
5.79%
8.08%
ETIEX
-3.65%
8.93%
-4.72%
3.03%
6.71%
N/A
N/A
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ETILX vs. ETIEX - Expense Ratio Comparison
ETILX has a 1.11% expense ratio, which is lower than ETIEX's 1.43% expense ratio.
Risk-Adjusted Performance
ETILX vs. ETIEX — Risk-Adjusted Performance Rank
ETILX
ETIEX
ETILX vs. ETIEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Gilead Class I (ETILX) and Eventide Exponential Technologies Fund (ETIEX). 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.
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Dividends
ETILX vs. ETIEX - Dividend Comparison
ETILX's dividend yield for the trailing twelve months is around 1.24%, while ETIEX has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ETILX Eventide Gilead Class I | 1.24% | 1.25% | 0.00% | 5.36% | 6.30% | 0.79% | 3.14% | 5.31% | 0.00% | 0.00% | 1.13% | 0.14% |
ETIEX Eventide Exponential Technologies Fund | 0.00% | 0.00% | 0.00% | 0.00% | 1.26% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ETILX vs. ETIEX - Drawdown Comparison
The maximum ETILX drawdown since its inception was -41.30%, smaller than the maximum ETIEX drawdown of -53.83%. Use the drawdown chart below to compare losses from any high point for ETILX and ETIEX.
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Volatility
ETILX vs. ETIEX - Volatility Comparison
Eventide Gilead Class I (ETILX) and Eventide Exponential Technologies Fund (ETIEX) have volatilities of 5.50% and 5.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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