EIBLX vs. DFRTX

Last updated Jun 3, 2026

EIBLX (Eaton Vance Floating Rate Fund) and DFRTX (DWS Floating Rate Fund) are both Bank Loan funds. A 0.52 correlation means they provide meaningful diversification when combined. EIBLX charges 0.76%/yr vs 0.78%/yr for DFRTX.

Performance

EIBLX vs. DFRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Floating Rate Fund (EIBLX) and DWS Floating Rate Fund (DFRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EIBLX

• 1D: 0.00%
• 1M: 0.52%
• YTD: 0.87%
• 6M: 0.97%
• 1Y: 3.39%
• 3Y*: 6.88%
• 5Y*: 4.85%
• 10Y*: 4.68%

DFRTX

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

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

EIBLX vs. DFRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EIBLX Eaton Vance Floating Rate Fund	0.87%	3.90%	8.14%	12.29%	-2.34%	4.33%	2.38%	7.07%	0.81%	4.48%
DFRTX DWS Floating Rate Fund	0.51%	3.50%	7.82%	11.54%	-1.54%	3.85%	1.12%	8.66%	-0.49%	1.68%

Correlation

The correlation between EIBLX and DFRTX is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.52

Over the past year, the correlation between EIBLX and DFRTX has dropped to 0.10 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Return for Risk

EIBLX vs. DFRTX — Risk / Return Rank

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

EIBLX

EIBLX Risk / Return Rank: 46
EIBLX Sharpe Ratio Rank: 27
EIBLX Sortino Ratio Rank: 58
EIBLX Omega Ratio Rank: 74
EIBLX Calmar Ratio Rank: 39
EIBLX Martin Ratio Rank: 32

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.

EIBLX vs. DFRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating Rate Fund (EIBLX) and DWS Floating Rate Fund (DFRTX). 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.

	EIBLX	DFRTX	Difference
Sharpe ratio Return per unit of total volatility	1.50	—	—
Sortino ratio Return per unit of downside risk	3.19	—	—
Omega ratio Gain probability vs. loss probability	1.48	—	—
Calmar ratio Return relative to maximum drawdown	2.41	—	—
Martin ratio Return relative to average drawdown	7.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EIBLX	DFRTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.76	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	—	—

Drawdowns

Drawdown Indicators

	EIBLX	DFRTX	Difference
Max Drawdown Largest peak-to-trough decline	-32.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.27%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.70%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-1.65%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	—	—

Volatility

Volatility by Period

	EIBLX	DFRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.27%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.53%	—	—

EIBLX vs. DFRTX - Expense Ratio Comparison

EIBLX has a 0.76% expense ratio, which is lower than DFRTX's 0.78% expense ratio.

Dividends

EIBLX vs. DFRTX - Dividend Comparison

EIBLX's dividend yield for the trailing twelve months is around 7.03%, more than DFRTX's 4.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRTX DWS Floating Rate Fund	4.84%	6.04%	8.77%	8.33%	4.36%	3.41%	3.84%	4.90%	4.30%	4.49%	4.86%	4.73%
EIBLX Eaton Vance Floating Rate Fund	7.03%	7.58%	8.29%	8.58%	5.02%	3.32%	3.68%	5.01%	4.46%	3.82%	4.14%	4.33%

Frequently Asked Questions

Can I hold both EIBLX and DFRTX in my portfolio?

EIBLX and DFRTX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.