ETORX vs. MFIC
ETORX (Eaton Vance Oregon Municipal Income Fund) is Municipal Bonds fund managed by Eaton Vance, while MFIC (MidCap Financial Investment Corporation) is a stock. Over the past 10 years, ETORX returned 1.91%/yr vs 6.24%/yr for MFIC. Their -0.01 correlation means they have often moved in opposite directions in the past.
Performance
ETORX vs. MFIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETORX achieves a 0.65% return, which is significantly higher than MFIC's -11.23% return. Over the past 10 years, ETORX has underperformed MFIC with an annualized return of 1.91%, while MFIC has yielded a comparatively higher 6.24% annualized return.
ETORX
- 1D
- -0.25%
- 1M
- -1.98%
- 6M
- -0.12%
- YTD
- 0.65%
- 1Y
- 5.67%
- 3Y*
- 3.57%
- 5Y*
- 0.70%
- 10Y*
- 1.91%
- ALL TIME*
- 3.57%
MFIC
- 1D
- -1.04%
- 1M
- -4.21%
- 6M
- -9.25%
- YTD
- -11.23%
- 1Y
- -12.55%
- 3Y*
- 0.10%
- 5Y*
- 4.75%
- 10Y*
- 6.24%
- ALL TIME*
- 5.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.98M | $4.18M | $5.98M |
ETORX vs. MFIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETORX Eaton Vance Oregon Municipal Income Fund | 0.65% | 5.14% | 2.23% | 5.01% | -8.48% | 0.57% | 5.60% | 6.93% | 2.35% | 2.82% |
MFIC MidCap Financial Investment Corporation | -11.23% | -4.34% | 11.25% | 35.48% | 0.19% | 33.67% | -28.54% | 56.97% | -18.11% | 6.51% |
Correlation
The correlation between ETORX and MFIC is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.02 |
Correlation (All Time) Calculated using the full available price history since May 5, 2004 | -0.01 |
The correlation between ETORX and MFIC shifts across timeframes, from -0.01 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETORX vs. MFIC — Risk / Return Rank
ETORX
MFIC
ETORX vs. MFIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Oregon Municipal Income Fund (ETORX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ETORX | MFIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.85 | ||
| Sortino ratioReturn per unit of downside risk | +4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 0.92 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | -0.63 | +3.17 |
| Martin ratioReturn relative to average drawdown | 8.50 | -1.39 | +9.89 |
Loading charts...
Drawdowns
ETORX vs. MFIC - Drawdown Comparison
The maximum ETORX drawdown since its inception was -28.41%, smaller than the maximum MFIC drawdown of -87.97%. Use the drawdown chart below to compare losses from any high point for ETORX and MFIC.
Loading charts...
Drawdown Indicators
| ETORX | MFIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.41% | -87.97% | +59.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.59% | -22.66% | +20.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.78% | -26.97% | +22.19% |
Max Drawdown (5Y)Largest decline over 5 years | -13.03% | -26.97% | +13.94% |
Max Drawdown (10Y)Largest decline over 10 years | -13.03% | -67.77% | +54.74% |
Current DrawdownCurrent decline from peak | -1.98% | -22.42% | +20.44% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -17.54% | +14.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 10.30% | -9.53% |
Volatility
ETORX vs. MFIC - Volatility Comparison
The current volatility for Eaton Vance Oregon Municipal Income Fund (ETORX) is 1.03%, while MidCap Financial Investment Corporation (MFIC) has a volatility of 6.14%. This indicates that ETORX 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.
Loading charts...
Volatility by Period
| ETORX | MFIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 6.14% | -5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 20.31% | -17.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.90% | 24.41% | -21.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.75% | 22.87% | -19.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.79% | 30.03% | -26.24% |
Dividends
ETORX vs. MFIC - Dividend Comparison
ETORX's dividend yield for the trailing twelve months is around 3.11%, less than MFIC's 14.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETORX Eaton Vance Oregon Municipal Income Fund | 3.11% | 4.17% | 3.97% | 3.19% | 2.36% | 1.80% | 2.36% | 3.17% | 3.49% | 3.64% | 3.59% | 3.76% |
MFIC MidCap Financial Investment Corporation | 14.44% | 13.29% | 12.75% | 11.11% | 12.37% | 11.26% | 15.25% | 10.31% | 14.52% | 10.60% | 11.95% | 15.33% |
Frequently Asked Questions
ETORX and MFIC have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFIC has higher volatility (6.14%) compared to ETORX (1.03%). In terms of maximum drawdown, ETORX dropped -28.41% vs MFIC's -87.97%.
ETORX currently has the higher Sharpe Ratio (2.26 vs -0.59), 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.
Find the right allocation for ETORX and MFIC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer