STBNX vs. EIGMX
Compare and contrast key facts about Sierra Tactical Bond Fund (STBNX) and Eaton Vance Global Macro Absolute Return Fund (EIGMX).
STBNX is managed by Sierra Mutual Funds. It was launched on Sep 30, 2019. EIGMX is managed by Eaton Vance. It was launched on Jun 26, 2007.
Performance
STBNX vs. EIGMX - Performance Comparison
Loading graphics...
STBNX vs. EIGMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
STBNX Sierra Tactical Bond Fund | -0.80% | -0.37% | 6.36% | 6.76% | -4.47% | 1.11% | 15.56% | 2.41% |
EIGMX Eaton Vance Global Macro Absolute Return Fund | 2.31% | 11.37% | 8.69% | 6.99% | -0.47% | 2.19% | 3.59% | 3.32% |
Returns By Period
In the year-to-date period, STBNX achieves a -0.80% return, which is significantly lower than EIGMX's 2.31% return.
STBNX
- 1D
- 0.78%
- 1M
- -1.12%
- YTD
- -0.80%
- 6M
- -0.08%
- 1Y
- -1.75%
- 3Y*
- 3.48%
- 5Y*
- 1.48%
- 10Y*
- —
EIGMX
- 1D
- -0.11%
- 1M
- -0.89%
- YTD
- 2.31%
- 6M
- 6.05%
- 1Y
- 11.82%
- 3Y*
- 9.13%
- 5Y*
- 6.15%
- 10Y*
- 4.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
STBNX vs. EIGMX - Expense Ratio Comparison
STBNX has a 1.63% expense ratio, which is higher than EIGMX's 0.76% expense ratio.
Return for Risk
STBNX vs. EIGMX — Risk / Return Rank
STBNX
EIGMX
STBNX vs. EIGMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sierra Tactical Bond Fund (STBNX) 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.
| STBNX | EIGMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.39 | 6.02 | -6.41 |
Sortino ratioReturn per unit of downside risk | -0.44 | 8.81 | -9.26 |
Omega ratioGain probability vs. loss probability | 0.93 | 2.97 | -2.04 |
Calmar ratioReturn relative to maximum drawdown | -0.25 | 8.10 | -8.36 |
Martin ratioReturn relative to average drawdown | -0.49 | 33.24 | -33.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| STBNX | EIGMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.39 | 6.02 | -6.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 2.37 | -1.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.94 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 1.57 | -0.78 |
Correlation
The correlation between STBNX and EIGMX is 0.10, 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
STBNX vs. EIGMX - Dividend Comparison
STBNX's dividend yield for the trailing twelve months is around 5.12%, less than EIGMX's 6.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STBNX Sierra Tactical Bond Fund | 5.12% | 4.98% | 5.17% | 4.53% | 1.41% | 2.74% | 6.55% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% |
EIGMX Eaton Vance Global Macro Absolute Return Fund | 6.74% | 5.72% | 6.16% | 5.79% | 4.78% | 4.18% | 4.37% | 5.44% | 3.72% | 3.42% | 4.02% | 5.54% |
Drawdowns
STBNX vs. EIGMX - Drawdown Comparison
The maximum STBNX drawdown since its inception was -8.04%, smaller than the maximum EIGMX drawdown of -9.42%. Use the drawdown chart below to compare losses from any high point for STBNX and EIGMX.
Loading graphics...
Drawdown Indicators
| STBNX | EIGMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.04% | -9.42% | +1.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | -1.44% | -4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -8.04% | -7.39% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.42% | — |
Current DrawdownCurrent decline from peak | -2.77% | -1.44% | -1.33% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -0.93% | -1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 0.35% | +2.84% |
Volatility
STBNX vs. EIGMX - Volatility Comparison
Sierra Tactical Bond Fund (STBNX) has a higher volatility of 1.74% compared to Eaton Vance Global Macro Absolute Return Fund (EIGMX) at 0.89%. This indicates that STBNX'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.
Loading graphics...
Volatility by Period
| STBNX | EIGMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 0.89% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 1.57% | +0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 1.98% | +2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.93% | 2.61% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.99% | 2.50% | +2.49% |