EVV vs. DFAIX
EVV (Eaton Vance Limited Duration Income Fund) and DFAIX (DFA Short-Duration Real Return Portfolio) are both Short-Term Bond funds. Over the past 10 years, EVV returned 5.10%/yr vs 3.26%/yr for DFAIX. Their 0.13 correlation means their historical movements had little consistent relationship. EVV charges 0.04%/yr vs 0.22%/yr for DFAIX.
Performance
EVV vs. DFAIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EVV achieves a -3.21% return, which is significantly lower than DFAIX's 2.38% return. Over the past 10 years, EVV has outperformed DFAIX with an annualized return of 5.10%, while DFAIX has yielded a comparatively lower 3.26% annualized return.
EVV
- 1D
- 0.00%
- 1M
- -2.45%
- 6M
- -3.53%
- YTD
- -3.21%
- 1Y
- -0.82%
- 3Y*
- 8.30%
- 5Y*
- 2.31%
- 10Y*
- 5.10%
- ALL TIME*
- 5.56%
DFAIX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.70%
- YTD
- 2.38%
- 1Y
- 3.69%
- 3Y*
- 5.42%
- 5Y*
- 3.51%
- 10Y*
- 3.26%
- ALL TIME*
- 2.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.59M | $3.99M | $3.68M |
EVV vs. DFAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVV Eaton Vance Limited Duration Income Fund | -3.21% | 10.72% | 12.22% | 13.33% | -19.94% | 14.66% | 4.67% | 18.91% | -5.53% | 6.77% |
DFAIX DFA Short-Duration Real Return Portfolio | 2.38% | 4.86% | 6.38% | 5.64% | -2.77% | 5.40% | 2.75% | 5.63% | 0.11% | 1.71% |
Correlation
The correlation between EVV and DFAIX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.13 |
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
EVV vs. DFAIX — Risk / Return Rank
EVV
DFAIX
EVV vs. DFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Limited Duration Income Fund (EVV) and DFA Short-Duration Real Return Portfolio (DFAIX). 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.
| EVV | DFAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.21 | ||
| Sortino ratioReturn per unit of downside risk | -4.97 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.83 | -0.85 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 7.91 | -8.08 |
| Martin ratioReturn relative to average drawdown | -0.51 | 26.23 | -26.74 |
Loading charts...
Drawdowns
EVV vs. DFAIX - Drawdown Comparison
The maximum EVV drawdown since its inception was -51.37%, which is greater than DFAIX's maximum drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for EVV and DFAIX.
Loading charts...
Drawdown Indicators
| EVV | DFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.37% | -5.63% | -45.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.65% | -0.47% | -8.18% |
Max Drawdown (3Y)Largest decline over 3 years | -9.53% | -3.12% | -6.41% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -5.46% | -20.45% |
Max Drawdown (10Y)Largest decline over 10 years | -40.42% | -5.63% | -34.79% |
Current DrawdownCurrent decline from peak | -5.00% | -0.19% | -4.81% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -0.93% | -5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 0.14% | +2.86% |
Volatility
EVV vs. DFAIX - Volatility Comparison
Eaton Vance Limited Duration Income Fund (EVV) has a higher volatility of 1.99% compared to DFA Short-Duration Real Return Portfolio (DFAIX) at 0.40%. This indicates that EVV's price experiences larger fluctuations and is considered to be riskier than DFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EVV | DFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 0.40% | +1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 7.47% | 1.06% | +6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.93% | 1.23% | +7.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.59% | 3.18% | +9.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 2.55% | +12.84% |
EVV vs. DFAIX - Expense Ratio Comparison
EVV has a 0.04% expense ratio, which is lower than DFAIX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EVV vs. DFAIX - Dividend Comparison
EVV's dividend yield for the trailing twelve months is around 9.55%, more than DFAIX's 4.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAIX DFA Short-Duration Real Return Portfolio | 4.55% | 4.65% | 4.14% | 3.66% | 1.68% | 0.98% | 0.82% | 2.53% | 2.72% | 1.71% | 1.41% | 1.29% |
EVV Eaton Vance Limited Duration Income Fund | 9.55% | 8.86% | 9.78% | 10.43% | 12.78% | 9.16% | 9.58% | 6.42% | 8.44% | 7.22% | 8.46% | 9.56% |
Frequently Asked Questions
EVV and DFAIX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVV has higher volatility (1.99%) compared to DFAIX (0.40%). In terms of maximum drawdown, EVV dropped -51.37% vs DFAIX's -5.63%.
DFAIX currently has the higher Sharpe Ratio (3.04 vs -0.17), 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 EVV and DFAIX
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