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EXFLX vs. FXIEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

EXFLX vs. FXIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance National Ultra-Short Municipal Income Fund (EXFLX) and PIMCO Fixed Income SHares: Series TE (FXIEX). The values are adjusted to include any dividend payments, if applicable.

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EXFLX vs. FXIEX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EXFLX
Eaton Vance National Ultra-Short Municipal Income Fund
0.31%3.84%3.47%2.73%-0.01%0.43%0.01%1.89%1.48%1.10%
FXIEX
PIMCO Fixed Income SHares: Series TE
-0.72%3.37%5.16%8.92%-10.89%2.19%7.22%8.45%1.00%7.71%

Returns By Period

In the year-to-date period, EXFLX achieves a 0.31% return, which is significantly higher than FXIEX's -0.72% return. Over the past 10 years, EXFLX has underperformed FXIEX with an annualized return of 1.56%, while FXIEX has yielded a comparatively higher 2.74% annualized return.


EXFLX

1D
0.00%
1M
-0.41%
YTD
0.31%
6M
0.89%
1Y
2.76%
3Y*
3.19%
5Y*
2.08%
10Y*
1.56%

FXIEX

1D
0.10%
1M
-2.32%
YTD
-0.72%
6M
0.00%
1Y
2.29%
3Y*
4.64%
5Y*
1.48%
10Y*
2.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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EXFLX vs. FXIEX - Expense Ratio Comparison

EXFLX has a 0.50% expense ratio, which is higher than FXIEX's 0.07% expense ratio.


Return for Risk

EXFLX vs. FXIEX — Risk / Return Rank

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

EXFLX
EXFLX Risk / Return Rank: 9898
Overall Rank
EXFLX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
EXFLX Sortino Ratio Rank: 9999
Sortino Ratio Rank
EXFLX Omega Ratio Rank: 9999
Omega Ratio Rank
EXFLX Calmar Ratio Rank: 9898
Calmar Ratio Rank
EXFLX Martin Ratio Rank: 9898
Martin Ratio Rank

FXIEX
FXIEX Risk / Return Rank: 2828
Overall Rank
FXIEX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FXIEX Sortino Ratio Rank: 3030
Sortino Ratio Rank
FXIEX Omega Ratio Rank: 4545
Omega Ratio Rank
FXIEX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FXIEX Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXFLX vs. FXIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance National Ultra-Short Municipal Income Fund (EXFLX) and PIMCO Fixed Income SHares: Series TE (FXIEX). 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.


EXFLXFXIEXDifference

Sharpe ratio

Return per unit of total volatility

2.64

0.74

+1.90

Sortino ratio

Return per unit of downside risk

6.06

1.06

+4.99

Omega ratio

Gain probability vs. loss probability

2.71

1.19

+1.52

Calmar ratio

Return relative to maximum drawdown

4.72

0.48

+4.24

Martin ratio

Return relative to average drawdown

21.69

1.44

+20.25

EXFLX vs. FXIEX - Sharpe Ratio Comparison

The current EXFLX Sharpe Ratio is 2.64, which is higher than the FXIEX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of EXFLX and FXIEX, 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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Sharpe Ratios by Period


EXFLXFXIEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.64

0.74

+1.90

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.97

0.36

+1.61

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.70

0.69

+1.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

0.56

+0.35

Correlation

The correlation between EXFLX and FXIEX is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

EXFLX vs. FXIEX - Dividend Comparison

EXFLX's dividend yield for the trailing twelve months is around 2.82%, more than FXIEX's 2.03% yield.


TTM20252024202320222021202020192018201720162015
EXFLX
Eaton Vance National Ultra-Short Municipal Income Fund
2.82%3.66%3.51%2.48%1.12%0.02%0.52%1.67%1.37%0.79%0.70%0.49%
FXIEX
PIMCO Fixed Income SHares: Series TE
2.03%2.75%4.53%3.98%3.25%2.63%3.37%3.63%3.79%2.67%0.00%0.00%

Drawdowns

EXFLX vs. FXIEX - Drawdown Comparison

The maximum EXFLX drawdown since its inception was -10.11%, smaller than the maximum FXIEX drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for EXFLX and FXIEX.


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Drawdown Indicators


EXFLXFXIEXDifference

Max Drawdown

Largest peak-to-trough decline

-10.11%

-15.25%

+5.14%

Max Drawdown (1Y)

Largest decline over 1 year

-0.72%

-5.11%

+4.39%

Max Drawdown (5Y)

Largest decline over 5 years

-0.91%

-15.25%

+14.34%

Max Drawdown (10Y)

Largest decline over 10 years

-1.89%

-15.25%

+13.36%

Current Drawdown

Current decline from peak

-0.41%

-2.32%

+1.91%

Average Drawdown

Average peak-to-trough decline

-1.52%

-2.92%

+1.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.16%

1.83%

-1.67%

Volatility

EXFLX vs. FXIEX - Volatility Comparison

The current volatility for Eaton Vance National Ultra-Short Municipal Income Fund (EXFLX) is 0.19%, while PIMCO Fixed Income SHares: Series TE (FXIEX) has a volatility of 1.03%. This indicates that EXFLX experiences smaller price fluctuations and is considered to be less risky than FXIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EXFLXFXIEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.19%

1.03%

-0.84%

Volatility (6M)

Calculated over the trailing 6-month period

0.62%

2.31%

-1.69%

Volatility (1Y)

Calculated over the trailing 1-year period

1.29%

5.73%

-4.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.06%

4.30%

-3.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.92%

4.07%

-3.15%