EIFAX vs. BGT
EIFAX (Eaton Vance Floating-Rate Advantage Fund) and BGT (BlackRock Floating Rate Income Trust) are both Bank Loan funds. Over the past 10 years, EIFAX returned 4.88%/yr vs 6.44%/yr for BGT. Their 0.17 correlation means their historical movements had little consistent relationship. EIFAX charges 0.47%/yr vs 1.74%/yr for BGT.
Performance
EIFAX vs. BGT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EIFAX achieves a 0.51% return, which is significantly lower than BGT's 3.11% return. Over the past 10 years, EIFAX has underperformed BGT with an annualized return of 4.88%, while BGT has yielded a comparatively higher 6.44% annualized return.
EIFAX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.83%
- YTD
- 0.51%
- 1Y
- 2.27%
- 3Y*
- 5.96%
- 5Y*
- 4.82%
- 10Y*
- 4.88%
- ALL TIME*
- 5.15%
BGT
- 1D
- 0.28%
- 1M
- 2.84%
- 6M
- 0.88%
- YTD
- 3.11%
- 1Y
- -2.41%
- 3Y*
- 8.74%
- 5Y*
- 6.76%
- 10Y*
- 6.44%
- ALL TIME*
- 5.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.62M | $1.33M | $1.17M | |
| $0.00 | $0.00 | $0.00 |
EIFAX vs. BGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIFAX Eaton Vance Floating-Rate Advantage Fund | 0.51% | 4.54% | 8.91% | 11.86% | -2.98% | 5.41% | 1.90% | 9.02% | 0.28% | 5.16% |
BGT BlackRock Floating Rate Income Trust | 3.11% | -0.84% | 16.12% | 26.29% | -16.57% | 25.89% | -0.81% | 18.97% | -11.95% | 3.91% |
Correlation
The correlation between EIFAX and BGT is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2008 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EIFAX vs. BGT — Risk / Return Rank
EIFAX
BGT
EIFAX vs. BGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating-Rate Advantage Fund (EIFAX) 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.
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.
| EIFAX | BGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.97 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | -0.22 | +1.22 |
| Martin ratioReturn relative to average drawdown | 2.99 | -0.46 | +3.44 |
Loading charts...
Drawdowns
EIFAX vs. BGT - Drawdown Comparison
The maximum EIFAX drawdown since its inception was -40.28%, smaller than the maximum BGT drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for EIFAX and BGT.
Loading charts...
Drawdown Indicators
| EIFAX | BGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.28% | -58.06% | +17.78% |
Max Drawdown (1Y)Largest decline over 1 year | -2.29% | -10.93% | +8.64% |
Max Drawdown (3Y)Largest decline over 3 years | -3.43% | -15.91% | +12.48% |
Max Drawdown (5Y)Largest decline over 5 years | -7.63% | -23.19% | +15.56% |
Max Drawdown (10Y)Largest decline over 10 years | -24.22% | -41.90% | +17.68% |
Current DrawdownCurrent decline from peak | -0.21% | -3.18% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -2.25% | -8.10% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 5.28% | -4.52% |
Volatility
EIFAX vs. BGT - Volatility Comparison
The current volatility for Eaton Vance Floating-Rate Advantage Fund (EIFAX) is 0.22%, while BlackRock Floating Rate Income Trust (BGT) has a volatility of 3.09%. This indicates that EIFAX experiences smaller price fluctuations and is considered to be less risky than BGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EIFAX | BGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 3.09% | -2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 1.87% | 7.44% | -5.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.46% | 9.95% | -7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.15% | 13.60% | -10.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 15.35% | -10.90% |
EIFAX vs. BGT - Expense Ratio Comparison
EIFAX has a 0.47% expense ratio, which is lower than BGT's 1.74% expense ratio.
Dividends
EIFAX vs. BGT - Dividend Comparison
EIFAX's dividend yield for the trailing twelve months is around 6.86%, less than BGT's 13.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 13.34% | 12.74% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.03% | 6.04% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 6.86% | 8.09% | 8.91% | 7.02% | 5.92% | 4.03% | 4.51% | 5.58% | 5.10% | 4.46% | 5.02% | 5.29% |
Frequently Asked Questions
EIFAX and BGT have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGT has higher volatility (3.09%) compared to EIFAX (0.22%). In terms of maximum drawdown, EIFAX dropped -40.28% vs BGT's -58.06%.
EIFAX currently has the higher Sharpe Ratio (0.93 vs -0.24), 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.
Find the right allocation for EIFAX and BGT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer