ETNYX vs. EEIAX

In the year-to-date period, ETNYX achieves a -2.68% return, which is significantly lower than EEIAX's 10.55% return. Over the past 10 years, ETNYX has underperformed EEIAX with an annualized return of 2.00%, while EEIAX has yielded a comparatively higher 3.16% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ETNYX has a 0.68% expense ratio, which is lower than EEIAX's 1.19% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance New York Municipal Income Fund (ETNYX) and Eaton Vance Emerging Markets Local Income Fund (EEIAX). 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.

The current ETNYX Sharpe Ratio is -0.16, which is lower than the EEIAX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of ETNYX and EEIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ETNYX's dividend yield for the trailing twelve months is around 3.72%, less than EEIAX's 10.50% yield.

The maximum ETNYX drawdown since its inception was -31.69%, roughly equal to the maximum EEIAX drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for ETNYX and EEIAX. For additional features, visit the drawdowns tool.

Eaton Vance New York Municipal Income Fund (ETNYX) has a higher volatility of 1.64% compared to Eaton Vance Emerging Markets Local Income Fund (EEIAX) at 1.33%. This indicates that ETNYX's price experiences larger fluctuations and is considered to be riskier than EEIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.