EIBLX vs. VSTSX

Last updated Jun 3, 2026

EIBLX (Eaton Vance Floating Rate Fund) and VSTSX (Vanguard Total Stock Market Index Fund Institutional Select Shares) are both mutual funds - EIBLX is a Bank Loan fund managed by Eaton Vance, while VSTSX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 5 years, EIBLX returned 4.85%/yr vs 12.91%/yr for VSTSX. At a 0.28 correlation, their price movements are largely independent. EIBLX charges 0.76%/yr vs 0.01%/yr for VSTSX.

Performance

EIBLX vs. VSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Floating Rate Fund (EIBLX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EIBLX achieves a 0.87% return, which is significantly lower than VSTSX's 11.72% return.

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%

VSTSX

• 1D: 0.25%
• 1M: 5.10%
• YTD: 11.72%
• 6M: 12.09%
• 1Y: 29.69%
• 3Y*: 22.28%
• 5Y*: 12.91%
• 10Y*: —

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

EIBLX vs. VSTSX - 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%	4.36%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	11.72%	17.16%	23.27%	26.54%	-19.49%	25.75%	21.02%	30.81%	-5.15%	20.21%

Correlation

The correlation between EIBLX and VSTSX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.28

Return for Risk

EIBLX vs. VSTSX — 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

VSTSX

VSTSX Risk / Return Rank: 72
VSTSX Sharpe Ratio Rank: 73
VSTSX Sortino Ratio Rank: 65
VSTSX Omega Ratio Rank: 64
VSTSX Calmar Ratio Rank: 74
VSTSX Martin Ratio Rank: 83

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. VSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating Rate Fund (EIBLX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). 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	VSTSX	Difference
Sharpe ratio Return per unit of total volatility	1.50	2.49	-0.98
Sortino ratio Return per unit of downside risk	3.19	3.39	-0.20
Omega ratio Gain probability vs. loss probability	1.48	1.45	+0.04
Calmar ratio Return relative to maximum drawdown	2.41	3.39	-0.98
Martin ratio Return relative to average drawdown	7.35	15.66	-8.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIBLX vs. VSTSX - Sharpe Ratio Comparison

The current EIBLX Sharpe Ratio is 1.50, which is lower than the VSTSX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of EIBLX and VSTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EIBLX	VSTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	2.49	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.76	0.75	+1.01
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	0.80	+0.47

Drawdowns

EIBLX vs. VSTSX - Drawdown Comparison

The maximum EIBLX drawdown since its inception was -32.53%, smaller than the maximum VSTSX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for EIBLX and VSTSX.

Drawdown Indicators

	EIBLX	VSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-32.53%	-34.97%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-1.68%	-8.92%	+7.24%
Max Drawdown (3Y) Largest decline over 3 years	-2.72%	-19.36%	+16.64%
Max Drawdown (5Y) Largest decline over 5 years	-6.27%	-25.35%	+19.08%
Max Drawdown (10Y) Largest decline over 10 years	-18.70%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.65%	-4.90%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	1.93%	-1.38%

Volatility

EIBLX vs. VSTSX - Volatility Comparison

The current volatility for Eaton Vance Floating Rate Fund (EIBLX) is 0.58%, while Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX) has a volatility of 2.95%. This indicates that EIBLX experiences smaller price fluctuations and is considered to be less risky than VSTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIBLX	VSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	2.95%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	1.69%	9.20%	-7.51%
Volatility (1Y) Calculated over the trailing 1-year period	2.27%	12.21%	-9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.77%	17.36%	-14.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.53%	18.76%	-15.23%

EIBLX vs. VSTSX - Expense Ratio Comparison

EIBLX has a 0.76% expense ratio, which is higher than VSTSX's 0.01% expense ratio.

Dividends

EIBLX vs. VSTSX - Dividend Comparison

EIBLX's dividend yield for the trailing twelve months is around 7.03%, more than VSTSX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	1.03%	1.13%	1.27%	1.43%	1.67%	1.23%	1.44%	1.79%	2.07%	1.74%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EIBLX and VSTSX in my portfolio?

EIBLX and VSTSX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EIBLX or VSTSX?

VSTSX has higher volatility (2.95%) compared to EIBLX (0.58%). In terms of maximum drawdown, EIBLX dropped -32.53% vs VSTSX's -34.97%.

Which has better risk-adjusted returns?

VSTSX currently has the higher Sharpe Ratio (2.49 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.