EVIFX vs. E
EVIFX (Eaton Vance Balanced Fund) is Diversified Portfolio fund managed by Eaton Vance, while E (Eni S.p.A.) is a stock. Over the past 10 years, EVIFX returned 9.52%/yr vs 11.45%/yr for E. At a 0.45 correlation, their price movements are largely independent.
Performance
EVIFX vs. E - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EVIFX achieves a 3.13% return, which is significantly lower than E's 31.38% return. Over the past 10 years, EVIFX has underperformed E with an annualized return of 9.52%, while E has yielded a comparatively higher 11.45% annualized return.
EVIFX
- 1D
- -0.47%
- 1M
- 0.01%
- YTD
- 3.13%
- 6M
- 2.72%
- 1Y
- 10.90%
- 3Y*
- 13.86%
- 5Y*
- 7.15%
- 10Y*
- 9.52%
E
- 1D
- -1.38%
- 1M
- -10.42%
- YTD
- 31.38%
- 6M
- 31.79%
- 1Y
- 59.48%
- 3Y*
- 28.41%
- 5Y*
- 22.02%
- 10Y*
- 11.45%
EVIFX vs. E - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVIFX Eaton Vance Balanced Fund | 3.13% | 11.01% | 19.05% | 16.05% | -15.61% | 13.97% | 14.22% | 26.25% | -3.42% | 13.53% |
E Eni S.p.A. | 31.38% | 48.40% | -13.95% | 26.73% | 10.92% | 43.12% | -28.73% | 4.29% | -0.98% | 7.27% |
Correlation
The correlation between EVIFX and E is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 1995 | 0.45 |
Over the past year, the correlation between EVIFX and E has dropped to 0.01 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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
EVIFX vs. E — Risk / Return Rank
EVIFX
E
EVIFX vs. E - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Balanced Fund (EVIFX) and Eni S.p.A. (E). 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 | E | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.42 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 4.13 | -2.52 |
| Martin ratioReturn relative to average drawdown | 7.08 | 17.38 | -10.30 |
Loading charts...
Drawdowns
EVIFX vs. E - Drawdown Comparison
The maximum EVIFX drawdown since its inception was -42.70%, smaller than the maximum E drawdown of -70.53%. Use the drawdown chart below to compare losses from any high point for EVIFX and E.
Loading charts...
Drawdown Indicators
| EVIFX | E | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.70% | -70.53% | +27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -14.47% | +7.21% |
Max Drawdown (3Y)Largest decline over 3 years | -11.79% | -20.13% | +8.34% |
Max Drawdown (5Y)Largest decline over 5 years | -24.94% | -33.71% | +8.77% |
Max Drawdown (10Y)Largest decline over 10 years | -24.94% | -61.59% | +36.65% |
Current DrawdownCurrent decline from peak | -1.00% | -14.47% | +13.47% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -23.06% | +16.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 3.43% | -1.78% |
Volatility
EVIFX vs. E - Volatility Comparison
The current volatility for Eaton Vance Balanced Fund (EVIFX) is 3.16%, while Eni S.p.A. (E) has a volatility of 6.95%. This indicates that EVIFX experiences smaller price fluctuations and is considered to be less risky than E based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EVIFX | E | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 6.95% | -3.79% |
Volatility (6M)Calculated over the trailing 6-month period | 7.03% | 20.13% | -13.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.75% | 23.33% | -14.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.14% | 25.04% | -12.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.68% | 28.08% | -16.40% |
Dividends
EVIFX vs. E - Dividend Comparison
EVIFX's dividend yield for the trailing twelve months is around 5.00%, more than E's 4.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 4.94% | 5.88% | 7.69% | 5.74% | 6.38% | 5.79% | 5.91% | 6.11% | 5.15% | 3.96% | 3.98% | 5.14% |
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 E have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
E has higher volatility (6.95%) compared to EVIFX (3.16%). In terms of maximum drawdown, EVIFX dropped -42.70% vs E's -70.53%.
E currently has the higher Sharpe Ratio (2.57 vs 1.34), 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 EVIFX and E
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