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EVGOX vs. FCBFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EVGOX and FCBFX is -0.09. 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.


Performance

EVGOX vs. FCBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Corporate Bond Fund (FCBFX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EVGOX:

1.20

FCBFX:

0.88

Sortino Ratio

EVGOX:

1.78

FCBFX:

1.38

Omega Ratio

EVGOX:

1.22

FCBFX:

1.16

Calmar Ratio

EVGOX:

1.10

FCBFX:

0.44

Martin Ratio

EVGOX:

2.99

FCBFX:

2.71

Ulcer Index

EVGOX:

2.64%

FCBFX:

2.04%

Daily Std Dev

EVGOX:

6.63%

FCBFX:

5.88%

Max Drawdown

EVGOX:

-17.65%

FCBFX:

-23.12%

Current Drawdown

EVGOX:

-2.03%

FCBFX:

-7.35%

Returns By Period

In the year-to-date period, EVGOX achieves a 3.92% return, which is significantly higher than FCBFX's 1.37% return. Over the past 10 years, EVGOX has underperformed FCBFX with an annualized return of 1.13%, while FCBFX has yielded a comparatively higher 2.47% annualized return.


EVGOX

YTD

3.92%

1M

-0.00%

6M

3.70%

1Y

7.87%

5Y*

0.69%

10Y*

1.13%

FCBFX

YTD

1.37%

1M

1.12%

6M

0.13%

1Y

5.20%

5Y*

0.29%

10Y*

2.47%

*Annualized

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EVGOX vs. FCBFX - Expense Ratio Comparison

EVGOX has a 1.05% expense ratio, which is higher than FCBFX's 0.44% expense ratio.


Risk-Adjusted Performance

EVGOX vs. FCBFX — Risk-Adjusted Performance Rank

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

EVGOX
The Risk-Adjusted Performance Rank of EVGOX is 8383
Overall Rank
The Sharpe Ratio Rank of EVGOX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of EVGOX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of EVGOX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of EVGOX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of EVGOX is 7575
Martin Ratio Rank

FCBFX
The Risk-Adjusted Performance Rank of FCBFX is 7272
Overall Rank
The Sharpe Ratio Rank of FCBFX is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of FCBFX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of FCBFX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FCBFX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FCBFX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EVGOX vs. FCBFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Corporate Bond Fund (FCBFX). 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 EVGOX Sharpe Ratio is 1.20, which is higher than the FCBFX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of EVGOX and FCBFX, 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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Dividends

EVGOX vs. FCBFX - Dividend Comparison

EVGOX's dividend yield for the trailing twelve months is around 5.07%, more than FCBFX's 4.06% yield.


TTM20242023202220212020201920182017201620152014
EVGOX
Eaton Vance Government Opportunities Fund
5.07%5.69%5.47%2.77%1.78%2.18%3.26%3.35%3.55%3.30%3.81%4.16%
FCBFX
Fidelity Corporate Bond Fund
4.06%3.96%3.74%3.36%3.02%3.39%3.28%3.64%3.17%3.26%3.32%3.07%

Drawdowns

EVGOX vs. FCBFX - Drawdown Comparison

The maximum EVGOX drawdown since its inception was -17.65%, smaller than the maximum FCBFX drawdown of -23.12%. Use the drawdown chart below to compare losses from any high point for EVGOX and FCBFX. For additional features, visit the drawdowns tool.


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Volatility

EVGOX vs. FCBFX - Volatility Comparison


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