CSPF vs. EVPF

Last updated Jun 24, 2026

CSPF (Cohen & Steers Preferred and Income Opportunities Active ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. CSPF charges 0.59%/yr vs 0.39%/yr for EVPF.

Performance

CSPF vs. EVPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) and Eaton Vance Preferred Securities and Income ETF (EVPF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSPF

• 1D: 0.00%
• 1M: 0.63%
• YTD: 3.08%
• 6M: 2.96%
• 1Y: 8.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EVPF

• 1D: 0.01%
• 1M: 0.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSPF vs. EVPF - Yearly Performance Comparison

	2026 (YTD)
CSPF Cohen & Steers Preferred and Income Opportunities Active ETF	1.25%
EVPF Eaton Vance Preferred Securities and Income ETF	1.29%

Correlation

The correlation between CSPF and EVPF is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026	0.71

Return for Risk

CSPF vs. EVPF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSPF

CSPF Risk / Return Rank: 70
CSPF Sharpe Ratio Rank: 69
CSPF Sortino Ratio Rank: 73
CSPF Omega Ratio Rank: 75
CSPF Calmar Ratio Rank: 61
CSPF Martin Ratio Rank: 73

EVPF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSPF vs. EVPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.

	CSPF	EVPF	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.75	—	—
Martin ratio: Return relative to average drawdown	12.46	—	—

Drawdowns

CSPF vs. EVPF - Drawdown Comparison

The maximum CSPF drawdown since its inception was -3.06%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for CSPF and EVPF.

Drawdown Indicators

	CSPF	EVPF	Difference
Max Drawdown Largest peak-to-trough decline	-3.06%	-2.36%	-0.70%
Max Drawdown (1Y) Largest decline over 1 year	-3.06%	—	—
Current Drawdown Current decline from peak	-0.11%	-0.17%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.43%	-0.47%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.67%	—	—

Volatility

Volatility by Period

	CSPF	EVPF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.15%	4.08%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.17%	4.08%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.17%	4.08%	+0.09%

CSPF vs. EVPF - Expense Ratio Comparison

CSPF has a 0.59% expense ratio, which is higher than EVPF's 0.39% expense ratio.

Dividends

CSPF vs. EVPF - Dividend Comparison

CSPF's dividend yield for the trailing twelve months is around 5.14%, more than EVPF's 1.08% yield.

Position	TTM	2025
CSPF Cohen & Steers Preferred and Income Opportunities Active ETF	5.14%	4.63%
EVPF Eaton Vance Preferred Securities and Income ETF	1.08%	0.00%

Frequently Asked Questions

Can I hold both CSPF and EVPF in my portfolio?

CSPF and EVPF have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSPF or EVPF?

On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSPF or EVPF?

EVPF is cheaper with a 0.39% expense ratio, compared with 0.59% for CSPF.

Which ETF pays a higher dividend yield, CSPF or EVPF?

CSPF has the higher dividend yield at 5.14%, compared with 1.08% for EVPF.

What is the main difference between CSPF and EVPF?

They also come from different issuers: Cohen & Steers and Eaton Vance. Their fees differ too: 0.59% for CSPF and 0.39% for EVPF.