EOI vs MBLY: Correlation
Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced (EOI) and Mobileye Global Inc. (MBLY) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EOI and MBLY?
Across a 3-year window, the weekly returns of EOI and MBLY correlate at 0.42, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.42 over 3. Stretching to 5 years gives 0.38, with an annualized covariance of 462.3 %².
Within EOI's tracked universe of 19 assets, MBLY comes in at #11 by 3-year correlation. The last year tells two different stories: EOI led by 40.7 percentage points, +2.2% for EOI against -38.5% for MBLY. Note the risk asymmetry: MBLY runs 3.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EOI vs MBLY: side by side
| EOI (Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced) | MBLY (Mobileye Global Inc.) | |
|---|---|---|
| 1-year return | +2.2% | -38.5% |
| 5-year return | +55.4% | n/a |
| Volatility (ann.) | 17.0% | 64.4% |
| Beta vs S&P 500 | 0.96 | 1.71 |
| Max drawdown (3Y) | -23.2% | -85.1% |
| Market cap | $0.8B | $7.3B |
| P/E (trailing) | 8.5 | – |
| Dividend yield | 8.03% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EOI | MBLY |
|---|---|---|
| 2022 | -19.7% | – |
| 2023 | +20.7% | +23.6% |
| 2024 | +35.8% | -54.0% |
| 2025 | +7.2% | -47.6% |
| 2026 | +3.4% | -17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EOI and MBLY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EOI and MBLY?
The EOI/MBLY correlation stands at 0.42 on a 3-year window (1 year: 0.39, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is MBLY a good diversifier for EOI?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eoi-vs-mbly.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eoi-vs-mbly/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EOI correlations · MBLY correlations
