EVGOX vs. EGRIX
Compare and contrast key facts about Eaton Vance Government Opportunities Fund (EVGOX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX).
EVGOX is managed by Eaton Vance. It was launched on Aug 23, 1984. EGRIX is managed by Eaton Vance. It was launched on Aug 30, 2010.
Performance
EVGOX vs. EGRIX - Performance Comparison
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EVGOX vs. EGRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | -0.24% | 10.50% | 0.07% | 4.56% | -6.57% | -1.20% | 4.59% | 2.43% | 0.72% | 1.30% |
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 3.42% | 20.36% | 9.50% | 8.37% | -1.94% | 3.66% | 4.71% | 14.80% | -8.34% | 5.78% |
Returns By Period
In the year-to-date period, EVGOX achieves a -0.24% return, which is significantly lower than EGRIX's 3.42% return. Over the past 10 years, EVGOX has underperformed EGRIX with an annualized return of 1.51%, while EGRIX has yielded a comparatively higher 6.32% annualized return.
EVGOX
- 1D
- 0.37%
- 1M
- -1.65%
- YTD
- -0.24%
- 6M
- 1.31%
- 1Y
- 5.08%
- 3Y*
- 4.25%
- 5Y*
- 1.21%
- 10Y*
- 1.51%
EGRIX
- 1D
- -0.17%
- 1M
- -2.03%
- YTD
- 3.42%
- 6M
- 9.75%
- 1Y
- 18.85%
- 3Y*
- 13.02%
- 5Y*
- 8.53%
- 10Y*
- 6.32%
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EVGOX vs. EGRIX - Expense Ratio Comparison
Both EVGOX and EGRIX have an expense ratio of 1.05%.
Return for Risk
EVGOX vs. EGRIX — Risk / Return Rank
EVGOX
EGRIX
EVGOX vs. EGRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Government Opportunities Fund (EVGOX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX). 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.
| EVGOX | EGRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 5.18 | -4.09 |
Sortino ratioReturn per unit of downside risk | 1.64 | 6.98 | -5.34 |
Omega ratioGain probability vs. loss probability | 1.21 | 2.39 | -1.18 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 5.93 | -4.11 |
Martin ratioReturn relative to average drawdown | 5.67 | 24.80 | -19.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EVGOX | EGRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 5.18 | -4.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 2.15 | -1.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 1.60 | -1.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.29 | -0.94 |
Correlation
The correlation between EVGOX and EGRIX is -0.00. 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
EVGOX vs. EGRIX - Dividend Comparison
EVGOX's dividend yield for the trailing twelve months is around 4.98%, less than EGRIX's 6.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | 4.98% | 5.38% | 5.24% | 4.58% | 2.75% | 1.77% | 2.19% | 3.24% | 3.34% | 3.54% | 3.30% | 3.81% |
EGRIX Eaton Vance Global Macro Absolute Return Advantage Fund | 6.43% | 6.65% | 6.00% | 3.40% | 4.82% | 4.89% | 5.82% | 4.15% | 0.06% | 3.22% | 1.78% | 6.67% |
Drawdowns
EVGOX vs. EGRIX - Drawdown Comparison
The maximum EVGOX drawdown since its inception was -23.97%, which is greater than EGRIX's maximum drawdown of -14.17%. Use the drawdown chart below to compare losses from any high point for EVGOX and EGRIX.
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Drawdown Indicators
| EVGOX | EGRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.97% | -14.17% | -9.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.28% | -3.13% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -11.41% | -10.18% | -1.23% |
Max Drawdown (10Y)Largest decline over 10 years | -11.44% | -14.17% | +2.73% |
Current DrawdownCurrent decline from peak | -2.19% | -3.12% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -3.43% | -1.85% | -1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.75% | +0.30% |
Volatility
EVGOX vs. EGRIX - Volatility Comparison
Eaton Vance Government Opportunities Fund (EVGOX) and Eaton Vance Global Macro Absolute Return Advantage Fund (EGRIX) have volatilities of 1.85% and 1.78%, 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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Volatility by Period
| EVGOX | EGRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 1.78% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 2.97% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.03% | 3.67% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.24% | 4.00% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.98% | 3.95% | +0.03% |