GRX vs. EOI
GRX (The Gabelli Healthcare & Wellness Trust) is a stock, while EOI (Eaton Vance Enhanced Equity Income Fund) is Derivative Income fund managed by Eaton Vance. Over the past 10 years, GRX returned 4.75%/yr vs 12.42%/yr for EOI. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
GRX vs. EOI - Performance Comparison
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Returns By Period
In the year-to-date period, GRX achieves a 4.89% return, which is significantly higher than EOI's 0.77% return. Over the past 10 years, GRX has underperformed EOI with an annualized return of 4.75%, while EOI has yielded a comparatively higher 12.42% annualized return.
GRX
- 1D
- -0.76%
- 1M
- 0.78%
- 6M
- 5.05%
- YTD
- 4.89%
- 1Y
- 15.06%
- 3Y*
- 6.26%
- 5Y*
- 0.19%
- 10Y*
- 4.75%
- ALL TIME*
- 6.22%
EOI
- 1D
- 0.66%
- 1M
- 0.77%
- 6M
- -1.84%
- YTD
- 0.77%
- 1Y
- 3.69%
- 3Y*
- 14.63%
- 5Y*
- 9.64%
- 10Y*
- 12.42%
- ALL TIME*
- 8.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.29M | $1.21M | $1.34M | |
| $153.03K | $200.36K | $201.97K |
GRX vs. EOI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRX The Gabelli Healthcare & Wellness Trust | 4.89% | 7.03% | 9.58% | -3.32% | -19.95% | 22.07% | 9.83% | 31.31% | -5.75% | 15.08% |
EOI Eaton Vance Enhanced Equity Income Fund | 0.77% | 7.21% | 35.73% | 20.67% | -19.78% | 32.93% | 9.59% | 31.97% | -4.26% | 26.31% |
Correlation
The correlation between GRX and EOI is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2007 | 0.51 |
Over the past year, the correlation between GRX and EOI has dropped to 0.25 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
GRX vs. EOI — Risk / Return Rank
GRX
EOI
GRX vs. EOI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gabelli Healthcare & Wellness Trust (GRX) and Eaton Vance Enhanced Equity Income Fund (EOI). 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.
| GRX | EOI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.04 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 0.17 | +1.22 |
| Martin ratioReturn relative to average drawdown | 3.25 | 0.52 | +2.74 |
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Drawdowns
GRX vs. EOI - Drawdown Comparison
The maximum GRX drawdown since its inception was -64.35%, which is greater than EOI's maximum drawdown of -53.72%. Use the drawdown chart below to compare losses from any high point for GRX and EOI.
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Drawdown Indicators
| GRX | EOI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.35% | -53.72% | -10.63% |
Max Drawdown (1Y)Largest decline over 1 year | -9.49% | -12.52% | +3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -20.29% | -23.15% | +2.86% |
Max Drawdown (5Y)Largest decline over 5 years | -37.34% | -26.82% | -10.52% |
Max Drawdown (10Y)Largest decline over 10 years | -37.34% | -40.01% | +2.67% |
Current DrawdownCurrent decline from peak | -5.57% | -1.84% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -17.42% | -7.36% | -10.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.04% | 3.99% | +0.05% |
Volatility
GRX vs. EOI - Volatility Comparison
The Gabelli Healthcare & Wellness Trust (GRX) and Eaton Vance Enhanced Equity Income Fund (EOI) have volatilities of 4.05% and 3.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRX | EOI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 3.95% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 11.11% | -2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.20% | 13.64% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.19% | 18.68% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.42% | 19.91% | -2.49% |
Dividends
GRX vs. EOI - Dividend Comparison
GRX's dividend yield for the trailing twelve months is around 6.99%, less than EOI's 8.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EOI Eaton Vance Enhanced Equity Income Fund | 8.12% | 7.81% | 7.38% | 7.93% | 8.80% | 5.83% | 6.66% | 6.78% | 8.01% | 7.15% | 8.36% | 7.73% |
GRX The Gabelli Healthcare & Wellness Trust | 6.99% | 6.85% | 6.22% | 6.43% | 5.84% | 7.07% | 4.85% | 4.86% | 5.62% | 5.04% | 5.51% | 4.98% |
Frequently Asked Questions
GRX and EOI have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRX has higher volatility (4.05%) compared to EOI (3.95%). In terms of maximum drawdown, GRX dropped -64.35% vs EOI's -53.72%.
GRX currently has the higher Sharpe Ratio (1.08 vs 0.15), 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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