EFT vs. BGT
Compare and contrast key facts about Eaton Vance Floating-Rate Income Trust (EFT) and BlackRock Floating Rate Income Trust (BGT).
BGT is managed by Blackrock. It was launched on Aug 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFT or BGT.
Correlation
The correlation between EFT and BGT is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EFT vs. BGT - Performance Comparison
Key characteristics
EFT:
1.26
BGT:
0.79
EFT:
1.74
BGT:
1.12
EFT:
1.24
BGT:
1.15
EFT:
2.08
BGT:
1.26
EFT:
7.19
BGT:
2.96
EFT:
1.65%
BGT:
3.52%
EFT:
9.45%
BGT:
13.21%
EFT:
-60.58%
BGT:
-58.31%
EFT:
-1.74%
BGT:
-3.79%
Returns By Period
In the year-to-date period, EFT achieves a 3.77% return, which is significantly higher than BGT's 0.25% return. Both investments have delivered pretty close results over the past 10 years, with EFT having a 6.58% annualized return and BGT not far ahead at 6.84%.
EFT
3.77%
-1.31%
5.55%
10.00%
8.77%
6.58%
BGT
0.25%
0.47%
5.42%
7.83%
9.75%
6.84%
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Risk-Adjusted Performance
EFT vs. BGT — Risk-Adjusted Performance Rank
EFT
BGT
EFT vs. BGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating-Rate Income Trust (EFT) and BlackRock Floating Rate Income Trust (BGT). 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
EFT vs. BGT - Dividend Comparison
EFT's dividend yield for the trailing twelve months is around 10.03%, less than BGT's 11.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFT Eaton Vance Floating-Rate Income Trust | 10.03% | 10.52% | 11.09% | 9.14% | 5.26% | 5.40% | 7.41% | 6.77% | 5.26% | 5.54% | 7.17% | 5.82% |
BGT BlackRock Floating Rate Income Trust | 11.41% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.44% | 6.04% | 6.65% |
Drawdowns
EFT vs. BGT - Drawdown Comparison
The maximum EFT drawdown since its inception was -60.58%, roughly equal to the maximum BGT drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for EFT and BGT. For additional features, visit the drawdowns tool.
Volatility
EFT vs. BGT - Volatility Comparison
Eaton Vance Floating-Rate Income Trust (EFT) and BlackRock Floating Rate Income Trust (BGT) have volatilities of 1.98% and 2.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.