ETIMX vs. ETIHX

Last updated Jun 3, 2026

ETIMX (Eventide Multi-Asset Income Fund) and ETIHX (Eventide Healthcare & Life Sciences Fund) are both mutual funds - ETIMX is a Diversified Portfolio fund managed by Eventide Funds, while ETIHX is a Health & Biotech Equities fund managed by Eventide Funds. Over the past 10 years, ETIMX returned 7.72%/yr vs 12.42%/yr for ETIHX. A 0.51 correlation means they provide meaningful diversification when combined. ETIMX charges 0.82%/yr vs 1.30%/yr for ETIHX.

Performance

ETIMX vs. ETIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Multi-Asset Income Fund (ETIMX) and Eventide Healthcare & Life Sciences Fund (ETIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETIMX achieves a 8.76% return, which is significantly higher than ETIHX's -1.90% return. Over the past 10 years, ETIMX has underperformed ETIHX with an annualized return of 7.72%, while ETIHX has yielded a comparatively higher 12.42% annualized return.

ETIMX

• 1D: -0.26%
• 1M: 0.14%
• YTD: 8.76%
• 6M: 8.76%
• 1Y: 13.92%
• 3Y*: 11.76%
• 5Y*: 5.55%
• 10Y*: 7.72%

ETIHX

• 1D: -2.22%
• 1M: -2.12%
• YTD: -1.90%
• 6M: -0.54%
• 1Y: 56.44%
• 3Y*: 10.82%
• 5Y*: 4.32%
• 10Y*: 12.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETIMX vs. ETIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETIMX Eventide Multi-Asset Income Fund	8.76%	6.95%	9.79%	12.16%	-15.28%	16.26%	18.42%	19.88%	-8.16%	11.97%
ETIHX Eventide Healthcare & Life Sciences Fund	-1.90%	56.73%	-10.13%	11.01%	-19.62%	-16.87%	37.12%	58.74%	-0.27%	45.83%

Correlation

The correlation between ETIMX and ETIHX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.51

The correlation between ETIMX and ETIHX shifts across timeframes, from 0.39 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ETIMX vs. ETIHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETIMX

ETIMX Risk / Return Rank: 42
ETIMX Sharpe Ratio Rank: 35
ETIMX Sortino Ratio Rank: 33
ETIMX Omega Ratio Rank: 34
ETIMX Calmar Ratio Rank: 57
ETIMX Martin Ratio Rank: 50

ETIHX

ETIHX Risk / Return Rank: 80
ETIHX Sharpe Ratio Rank: 83
ETIHX Sortino Ratio Rank: 75
ETIHX Omega Ratio Rank: 60
ETIHX Calmar Ratio Rank: 92
ETIHX Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETIMX vs. ETIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Multi-Asset Income Fund (ETIMX) and Eventide Healthcare & Life Sciences Fund (ETIHX). 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.

	ETIMX	ETIHX	Difference
Sharpe ratio Return per unit of total volatility	1.73	2.68	-0.95
Sortino ratio Return per unit of downside risk	2.44	3.61	-1.17
Omega ratio Gain probability vs. loss probability	1.31	1.43	-0.12
Calmar ratio Return relative to maximum drawdown	2.91	5.04	-2.13
Martin ratio Return relative to average drawdown	10.40	17.36	-6.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETIMX vs. ETIHX - Sharpe Ratio Comparison

The current ETIMX Sharpe Ratio is 1.73, which is lower than the ETIHX Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of ETIMX and ETIHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETIMX	ETIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	2.68	-0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.16	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.44	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.52	+0.29

Drawdowns

ETIMX vs. ETIHX - Drawdown Comparison

The maximum ETIMX drawdown since its inception was -22.79%, smaller than the maximum ETIHX drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for ETIMX and ETIHX.

Drawdown Indicators

	ETIMX	ETIHX	Difference
Max Drawdown Largest peak-to-trough decline	-22.79%	-55.11%	+32.32%
Max Drawdown (1Y) Largest decline over 1 year	-4.81%	-12.50%	+7.69%
Max Drawdown (3Y) Largest decline over 3 years	-11.14%	-33.23%	+22.09%
Max Drawdown (5Y) Largest decline over 5 years	-20.58%	-49.27%	+28.69%
Max Drawdown (10Y) Largest decline over 10 years	-22.79%	-55.11%	+32.32%
Current Drawdown Current decline from peak	-0.90%	-5.52%	+4.62%
Average Drawdown Average peak-to-trough decline	-4.17%	-17.99%	+13.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	3.63%	-2.28%

Volatility

ETIMX vs. ETIHX - Volatility Comparison

The current volatility for Eventide Multi-Asset Income Fund (ETIMX) is 2.75%, while Eventide Healthcare & Life Sciences Fund (ETIHX) has a volatility of 7.96%. This indicates that ETIMX experiences smaller price fluctuations and is considered to be less risky than ETIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETIMX	ETIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	7.96%	-5.21%
Volatility (6M) Calculated over the trailing 6-month period	6.60%	17.99%	-11.39%
Volatility (1Y) Calculated over the trailing 1-year period	8.10%	23.29%	-15.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.73%	27.74%	-18.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.11%	28.36%	-18.25%

ETIMX vs. ETIHX - Expense Ratio Comparison

ETIMX has a 0.82% expense ratio, which is lower than ETIHX's 1.30% expense ratio.

Dividends

ETIMX vs. ETIHX - Dividend Comparison

ETIMX's dividend yield for the trailing twelve months is around 5.97%, while ETIHX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETIHX Eventide Healthcare & Life Sciences Fund	0.00%	0.00%	0.00%	0.00%	0.00%	10.78%	3.49%	2.08%	7.33%	1.28%	0.00%	1.22%
ETIMX Eventide Multi-Asset Income Fund	5.97%	6.38%	1.86%	1.63%	2.95%	5.86%	2.00%	2.90%	4.29%	4.40%	2.66%	0.00%

Frequently Asked Questions

Can I hold both ETIMX and ETIHX in my portfolio?

ETIMX and ETIHX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETIMX or ETIHX?

ETIHX has higher volatility (7.96%) compared to ETIMX (2.75%). In terms of maximum drawdown, ETIMX dropped -22.79% vs ETIHX's -55.11%.

Which has better risk-adjusted returns?

ETIHX currently has the higher Sharpe Ratio (2.68 vs 1.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.