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ETOHX vs. MFIC
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ETOHX vs. MFIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Ohio Municipal Income Fund (ETOHX) and MidCap Financial Investment Corporation (MFIC). The values are adjusted to include any dividend payments, if applicable.

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ETOHX vs. MFIC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ETOHX
Eaton Vance Ohio Municipal Income Fund
-0.51%4.00%1.45%4.85%-8.30%0.94%5.43%8.09%0.88%4.54%
MFIC
MidCap Financial Investment Corporation
1.30%-4.34%11.25%35.48%0.19%33.67%-28.54%56.97%-18.11%6.51%

Returns By Period

In the year-to-date period, ETOHX achieves a -0.51% return, which is significantly lower than MFIC's 1.30% return. Over the past 10 years, ETOHX has underperformed MFIC with an annualized return of 1.92%, while MFIC has yielded a comparatively higher 7.96% annualized return.


ETOHX

1D
0.25%
1M
-2.16%
YTD
-0.51%
6M
0.71%
1Y
3.04%
3Y*
2.47%
5Y*
0.50%
10Y*
1.92%

MFIC

1D
0.00%
1M
14.40%
YTD
1.30%
6M
1.20%
1Y
-1.23%
3Y*
12.18%
5Y*
7.89%
10Y*
7.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

ETOHX vs. MFIC — Risk / Return Rank

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

ETOHX
ETOHX Risk / Return Rank: 2828
Overall Rank
ETOHX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
ETOHX Sortino Ratio Rank: 2121
Sortino Ratio Rank
ETOHX Omega Ratio Rank: 4242
Omega Ratio Rank
ETOHX Calmar Ratio Rank: 2626
Calmar Ratio Rank
ETOHX Martin Ratio Rank: 2424
Martin Ratio Rank

MFIC
MFIC Risk / Return Rank: 3636
Overall Rank
MFIC Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
MFIC Sortino Ratio Rank: 3232
Sortino Ratio Rank
MFIC Omega Ratio Rank: 3232
Omega Ratio Rank
MFIC Calmar Ratio Rank: 3939
Calmar Ratio Rank
MFIC Martin Ratio Rank: 3838
Martin Ratio Rank
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.

ETOHX vs. MFIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Ohio Municipal Income Fund (ETOHX) and MidCap Financial Investment Corporation (MFIC). 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.


ETOHXMFICDifference

Sharpe ratio

Return per unit of total volatility

0.72

-0.04

+0.77

Sortino ratio

Return per unit of downside risk

1.00

0.14

+0.86

Omega ratio

Gain probability vs. loss probability

1.20

1.02

+0.18

Calmar ratio

Return relative to maximum drawdown

0.90

-0.06

+0.96

Martin ratio

Return relative to average drawdown

3.03

-0.15

+3.18

ETOHX vs. MFIC - Sharpe Ratio Comparison

The current ETOHX Sharpe Ratio is 0.72, which is higher than the MFIC Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of ETOHX and MFIC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ETOHXMFICDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.72

-0.04

+0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.35

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.27

+0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.15

+0.68

Correlation

The correlation between ETOHX and MFIC is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

ETOHX vs. MFIC - Dividend Comparison

ETOHX's dividend yield for the trailing twelve months is around 3.48%, less than MFIC's 12.90% yield.


TTM20252024202320222021202020192018201720162015
ETOHX
Eaton Vance Ohio Municipal Income Fund
3.48%4.24%3.62%2.42%2.81%2.56%2.77%3.40%3.11%3.42%3.58%3.73%
MFIC
MidCap Financial Investment Corporation
12.90%13.29%12.75%11.11%12.37%11.26%15.25%10.31%14.52%10.60%11.95%15.33%

Drawdowns

ETOHX vs. MFIC - Drawdown Comparison

The maximum ETOHX drawdown since its inception was -21.71%, smaller than the maximum MFIC drawdown of -87.97%. Use the drawdown chart below to compare losses from any high point for ETOHX and MFIC.


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Drawdown Indicators


ETOHXMFICDifference

Max Drawdown

Largest peak-to-trough decline

-21.71%

-87.97%

+66.26%

Max Drawdown (1Y)

Largest decline over 1 year

-4.72%

-23.46%

+18.74%

Max Drawdown (5Y)

Largest decline over 5 years

-13.00%

-26.97%

+13.97%

Max Drawdown (10Y)

Largest decline over 10 years

-13.00%

-67.77%

+54.77%

Current Drawdown

Current decline from peak

-2.40%

-11.47%

+9.07%

Average Drawdown

Average peak-to-trough decline

-2.45%

-17.58%

+15.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.40%

8.57%

-7.17%

Volatility

ETOHX vs. MFIC - Volatility Comparison

The current volatility for Eaton Vance Ohio Municipal Income Fund (ETOHX) is 1.19%, while MidCap Financial Investment Corporation (MFIC) has a volatility of 8.18%. This indicates that ETOHX experiences smaller price fluctuations and is considered to be less risky than MFIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ETOHXMFICDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.19%

8.18%

-6.99%

Volatility (6M)

Calculated over the trailing 6-month period

1.74%

19.11%

-17.37%

Volatility (1Y)

Calculated over the trailing 1-year period

4.81%

28.43%

-23.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.84%

22.78%

-18.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.18%

29.99%

-25.81%