KAMIX vs. EIGMX
Compare and contrast key facts about Kensington Managed Income Fund (KAMIX) and Eaton Vance Global Macro Absolute Return Fund (EIGMX).
KAMIX is managed by Advisors Preferred. It was launched on May 30, 2019. EIGMX is managed by Eaton Vance. It was launched on Jun 26, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KAMIX or EIGMX.
Correlation
The correlation between KAMIX and EIGMX is 0.13, 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.
Performance
KAMIX vs. EIGMX - Performance Comparison
Key characteristics
KAMIX:
1.84
EIGMX:
4.46
KAMIX:
2.61
EIGMX:
7.05
KAMIX:
1.38
EIGMX:
2.22
KAMIX:
0.89
EIGMX:
10.47
KAMIX:
6.64
EIGMX:
37.58
KAMIX:
0.82%
EIGMX:
0.23%
KAMIX:
2.97%
EIGMX:
1.96%
KAMIX:
-10.92%
EIGMX:
-9.42%
KAMIX:
-0.32%
EIGMX:
-0.47%
Returns By Period
In the year-to-date period, KAMIX achieves a 1.54% return, which is significantly lower than EIGMX's 1.91% return.
KAMIX
1.54%
0.31%
2.83%
5.04%
2.33%
N/A
EIGMX
1.91%
0.35%
4.63%
8.44%
4.66%
3.77%
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KAMIX vs. EIGMX - Expense Ratio Comparison
KAMIX has a 1.36% expense ratio, which is higher than EIGMX's 0.76% expense ratio.
Risk-Adjusted Performance
KAMIX vs. EIGMX — Risk-Adjusted Performance Rank
KAMIX
EIGMX
KAMIX vs. EIGMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kensington Managed Income Fund (KAMIX) and Eaton Vance Global Macro Absolute Return Fund (EIGMX). 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.
Dividends
KAMIX vs. EIGMX - Dividend Comparison
KAMIX's dividend yield for the trailing twelve months is around 5.52%, less than EIGMX's 5.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KAMIX Kensington Managed Income Fund | 5.52% | 5.60% | 4.15% | 0.75% | 2.51% | 2.01% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EIGMX Eaton Vance Global Macro Absolute Return Fund | 5.66% | 6.21% | 5.84% | 4.80% | 4.21% | 4.40% | 5.44% | 3.72% | 3.42% | 4.03% | 5.55% | 4.18% |
Drawdowns
KAMIX vs. EIGMX - Drawdown Comparison
The maximum KAMIX drawdown since its inception was -10.92%, which is greater than EIGMX's maximum drawdown of -9.42%. Use the drawdown chart below to compare losses from any high point for KAMIX and EIGMX. For additional features, visit the drawdowns tool.
Volatility
KAMIX vs. EIGMX - Volatility Comparison
Kensington Managed Income Fund (KAMIX) has a higher volatility of 0.71% compared to Eaton Vance Global Macro Absolute Return Fund (EIGMX) at 0.58%. This indicates that KAMIX's price experiences larger fluctuations and is considered to be riskier than EIGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.