EIBLX vs. SCHG
Compare and contrast key facts about Eaton Vance Floating Rate Fund (EIBLX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
EIBLX is managed by Eaton Vance. It was launched on Jan 29, 2001. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIBLX or SCHG.
Correlation
The correlation between EIBLX and SCHG is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EIBLX vs. SCHG - Performance Comparison
Key characteristics
EIBLX:
1.95
SCHG:
0.55
EIBLX:
3.70
SCHG:
0.92
EIBLX:
1.83
SCHG:
1.13
EIBLX:
1.98
SCHG:
0.58
EIBLX:
9.60
SCHG:
2.06
EIBLX:
0.56%
SCHG:
6.62%
EIBLX:
2.76%
SCHG:
25.04%
EIBLX:
-32.52%
SCHG:
-34.59%
EIBLX:
-1.39%
SCHG:
-13.04%
Returns By Period
In the year-to-date period, EIBLX achieves a -0.67% return, which is significantly higher than SCHG's -9.20% return. Over the past 10 years, EIBLX has underperformed SCHG with an annualized return of 4.26%, while SCHG has yielded a comparatively higher 14.92% annualized return.
EIBLX
-0.67%
-0.44%
1.29%
5.39%
6.71%
4.26%
SCHG
-9.20%
-2.17%
-4.69%
14.30%
18.55%
14.92%
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EIBLX vs. SCHG - Expense Ratio Comparison
EIBLX has a 0.76% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
EIBLX vs. SCHG — Risk-Adjusted Performance Rank
EIBLX
SCHG
EIBLX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating Rate Fund (EIBLX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
EIBLX vs. SCHG - Dividend Comparison
EIBLX's dividend yield for the trailing twelve months is around 8.20%, more than SCHG's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIBLX Eaton Vance Floating Rate Fund | 8.20% | 8.29% | 8.58% | 5.02% | 3.31% | 3.68% | 5.01% | 4.46% | 3.82% | 4.16% | 4.34% | 3.80% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.45% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
EIBLX vs. SCHG - Drawdown Comparison
The maximum EIBLX drawdown since its inception was -32.52%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for EIBLX and SCHG. For additional features, visit the drawdowns tool.
Volatility
EIBLX vs. SCHG - Volatility Comparison
The current volatility for Eaton Vance Floating Rate Fund (EIBLX) is 1.45%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 16.60%. This indicates that EIBLX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.