EZNYX vs. EHSTX

Last updated Jun 5, 2026

EZNYX (Eaton Vance New York Municipal Opportunities Fund) and EHSTX (Eaton Vance Large-Cap Value Fund) are both mutual funds - EZNYX is a Municipal Bonds fund managed by Eaton Vance, while EHSTX is a Large Cap Value Equities fund managed by Eaton Vance. At a correlation of -0.01, they often move in opposite directions. EZNYX charges 1.56%/yr vs 1.01%/yr for EHSTX.

Performance

EZNYX vs. EHSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance New York Municipal Opportunities Fund (EZNYX) and Eaton Vance Large-Cap Value Fund (EHSTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EZNYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EHSTX

• 1D: 0.10%
• 1M: 2.67%
• YTD: 12.35%
• 6M: 13.87%
• 1Y: 23.88%
• 3Y*: 14.91%
• 5Y*: 9.08%
• 10Y*: 10.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EZNYX vs. EHSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZNYX Eaton Vance New York Municipal Opportunities Fund	-0.22%	3.63%	1.59%	5.84%	-9.79%	0.73%	3.85%	6.42%	0.68%	2.43%
EHSTX Eaton Vance Large-Cap Value Fund	12.35%	12.11%	11.25%	7.93%	-2.80%	24.25%	2.29%	30.84%	-6.96%	14.79%

Correlation

The correlation between EZNYX and EHSTX is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Dec 15, 1993	-0.01

The correlation between EZNYX and EHSTX shifts across timeframes, from -0.03 (10 years) to 0.10 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

EZNYX vs. EHSTX — Risk / Return Rank

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

EHSTX

EHSTX Risk / Return Rank: 52
EHSTX Sharpe Ratio Rank: 51
EHSTX Sortino Ratio Rank: 50
EHSTX Omega Ratio Rank: 47
EHSTX Calmar Ratio Rank: 55
EHSTX Martin Ratio Rank: 58

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.

EZNYX vs. EHSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance New York Municipal Opportunities Fund (EZNYX) and Eaton Vance Large-Cap Value Fund (EHSTX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EZNYX	EHSTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Drawdowns

Drawdown Indicators

	EZNYX	EHSTX	Difference
Max Drawdown Largest peak-to-trough decline	—	-53.47%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.30%	—
Current Drawdown Current decline from peak	—	-0.43%	—
Average Drawdown Average peak-to-trough decline	—	-7.40%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.04%	—

Volatility

Volatility by Period

	EZNYX	EHSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.16%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.28%	—

EZNYX vs. EHSTX - Expense Ratio Comparison

EZNYX has a 1.56% expense ratio, which is higher than EHSTX's 1.01% expense ratio.

Dividends

EZNYX vs. EHSTX - Dividend Comparison

EZNYX's dividend yield for the trailing twelve months is around 2.08%, less than EHSTX's 5.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EHSTX Eaton Vance Large-Cap Value Fund	5.41%	6.12%	4.03%	2.93%	4.25%	7.32%	1.94%	2.76%	10.94%	5.88%	1.33%	11.02%
EZNYX Eaton Vance New York Municipal Opportunities Fund	2.08%	3.17%	2.58%	1.59%	1.38%	1.45%	1.18%	1.63%	1.75%	1.76%	1.96%	2.00%

Frequently Asked Questions

Can I hold both EZNYX and EHSTX in my portfolio?

EZNYX and EHSTX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.