EVIFX vs. BWBIX
EVIFX (Eaton Vance Balanced Fund) and BWBIX (Baron WealthBuilder Fund) are both Diversified Portfolio funds. Over the past 5 years, EVIFX returned 6.64%/yr vs 3.22%/yr for BWBIX. Their correlation of 0.84 means they have usually moved in the same direction. EVIFX charges 0.97%/yr vs 0.05%/yr for BWBIX.
Performance
EVIFX vs. BWBIX - Performance Comparison
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Returns By Period
In the year-to-date period, EVIFX achieves a 2.97% return, which is significantly higher than BWBIX's 0.78% return.
EVIFX
- 1D
- 1.52%
- 1M
- -0.31%
- 6M
- 2.48%
- YTD
- 2.97%
- 1Y
- 7.52%
- 3Y*
- 12.62%
- 5Y*
- 6.64%
- 10Y*
- 9.09%
- ALL TIME*
- 6.73%
BWBIX
- 1D
- -0.64%
- 1M
- -5.41%
- 6M
- 2.24%
- YTD
- 0.78%
- 1Y
- 9.65%
- 3Y*
- 10.86%
- 5Y*
- 3.22%
- 10Y*
- —
- ALL TIME*
- 11.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EVIFX vs. BWBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EVIFX Eaton Vance Balanced Fund | 2.97% | 11.01% | 19.05% | 16.05% | -15.61% | 13.97% | 14.22% | 26.25% | -3.96% |
BWBIX Baron WealthBuilder Fund | 0.78% | 10.23% | 19.62% | 25.77% | -32.58% | 14.76% | 62.85% | 36.41% | -12.02% |
Correlation
The correlation between EVIFX and BWBIX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since May 21, 2018 | 0.84 |
The correlation between EVIFX and BWBIX shifts across timeframes, from 0.73 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EVIFX vs. BWBIX — Risk / Return Rank
EVIFX
BWBIX
EVIFX vs. BWBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Balanced Fund (EVIFX) and Baron WealthBuilder Fund (BWBIX). 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.
| EVIFX | BWBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.09 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 0.64 | +0.31 |
| Martin ratioReturn relative to average drawdown | 4.03 | 1.96 | +2.07 |
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Drawdowns
EVIFX vs. BWBIX - Drawdown Comparison
The maximum EVIFX drawdown since its inception was -42.70%, which is greater than BWBIX's maximum drawdown of -39.14%. Use the drawdown chart below to compare losses from any high point for EVIFX and BWBIX.
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Drawdown Indicators
| EVIFX | BWBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.70% | -39.14% | -3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -11.65% | +4.39% |
Max Drawdown (3Y)Largest decline over 3 years | -11.79% | -21.59% | +9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -24.94% | -39.14% | +14.20% |
Max Drawdown (10Y)Largest decline over 10 years | -24.94% | — | — |
Current DrawdownCurrent decline from peak | -1.32% | -5.90% | +4.58% |
Average DrawdownAverage peak-to-trough decline | -6.20% | -11.55% | +5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 3.79% | -2.09% |
Volatility
EVIFX vs. BWBIX - Volatility Comparison
The current volatility for Eaton Vance Balanced Fund (EVIFX) is 2.78%, while Baron WealthBuilder Fund (BWBIX) has a volatility of 4.30%. This indicates that EVIFX experiences smaller price fluctuations and is considered to be less risky than BWBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVIFX | BWBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 4.30% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.29% | 12.24% | -4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.09% | 16.10% | -7.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.18% | 21.31% | -9.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.69% | 23.09% | -11.40% |
EVIFX vs. BWBIX - Expense Ratio Comparison
EVIFX has a 0.97% expense ratio, which is higher than BWBIX's 0.05% expense ratio.
Dividends
EVIFX vs. BWBIX - Dividend Comparison
EVIFX's dividend yield for the trailing twelve months is around 5.00%, less than BWBIX's 7.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWBIX Baron WealthBuilder Fund | 7.55% | 7.61% | 0.77% | 0.06% | 3.21% | 3.75% | 1.24% | 3.51% | 0.14% | 0.00% | 0.00% | 0.00% |
EVIFX Eaton Vance Balanced Fund | 5.00% | 5.13% | 5.48% | 2.01% | 5.77% | 8.22% | 2.71% | 5.84% | 6.50% | 4.68% | 1.84% | 6.07% |
Frequently Asked Questions
EVIFX and BWBIX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BWBIX has higher volatility (4.30%) compared to EVIFX (2.78%). In terms of maximum drawdown, EVIFX dropped -42.70% vs BWBIX's -39.14%.
EVIFX currently has the higher Sharpe Ratio (0.76 vs 0.46), 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.
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