Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.62% | -3.00% | -5.06% | -5.94% | -8.50% | -9.63% | +1.80% | -6.13% | -1.41% | -4.61% |
| Market-price total return | -0.62% | -2.23% | -2.82% | -1.47% | -1.97% | -1.00% | +11.23% | +2.70% | +8.26% | +5.22% |
| NAV return | -0.21% | +2.65% | +0.54% | -0.64% | -3.92% | -3.42% | +3.94% | -2.06% | -0.82% | -3.67% |
| NAV total return | -0.21% | +3.39% | +2.70% | +3.65% | +2.31% | +4.95% | +12.82% | +6.76% | +8.59% | +5.80% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.12% | 0.09% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.14% | 0.09% | as above |
| Volatility, 5 years | 0.16% | 0.11% | as above |
| Maximum drawdown, 3 years | -15.45% | -10.47% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.50 | 0.84 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.73 | 1.17 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.66 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.74 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Eaton Vance Risk-Managed Diversified Equity Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.