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EIFAX vs. HHI.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EIFAX vs. HHI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Henderson High Income Trust (HHI.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EIFAX is traded in USD, while HHI.L is traded in GBp. To make them comparable, the HHI.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EIFAX achieves a 0.37% return, which is significantly lower than HHI.L's 6.07% return. Over the past 10 years, EIFAX has underperformed HHI.L with an annualized return of 5.09%, while HHI.L has yielded a comparatively higher 7.46% annualized return.


EIFAX

1D
-0.11%
1M
0.27%
YTD
0.37%
6M
0.85%
1Y
3.49%
3Y*
6.86%
5Y*
4.87%
10Y*
5.09%

HHI.L

1D
-0.38%
1M
-1.37%
YTD
6.07%
6M
4.20%
1Y
14.91%
3Y*
14.88%
5Y*
7.63%
10Y*
7.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EIFAX vs. HHI.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EIFAX
Eaton Vance Floating-Rate Advantage Fund
0.37%4.54%8.91%11.86%-2.98%5.41%1.90%9.02%0.28%5.16%
HHI.L
Henderson High Income Trust
6.07%31.84%9.03%6.21%-11.74%26.86%-15.13%32.14%-16.25%19.02%

Correlation

The correlation between EIFAX and HHI.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (10Y)
Calculated over the trailing 10-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Mar 17, 2008

0.19

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Return for Risk

EIFAX vs. HHI.L — Risk / Return Rank

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

EIFAX
EIFAX Risk / Return Rank: 3737
Overall Rank
EIFAX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
EIFAX Sortino Ratio Rank: 5555
Sortino Ratio Rank
EIFAX Omega Ratio Rank: 6464
Omega Ratio Rank
EIFAX Calmar Ratio Rank: 2020
Calmar Ratio Rank
EIFAX Martin Ratio Rank: 2020
Martin Ratio Rank

HHI.L
HHI.L Risk / Return Rank: 7373
Overall Rank
HHI.L Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
HHI.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
HHI.L Omega Ratio Rank: 7171
Omega Ratio Rank
HHI.L Calmar Ratio Rank: 6868
Calmar Ratio Rank
HHI.L Martin Ratio Rank: 7676
Martin Ratio Rank
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.

EIFAX vs. HHI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Henderson High Income Trust (HHI.L). 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.


EIFAXHHI.LDifference
Sharpe ratioReturn per unit of total volatility

+0.48

Sortino ratioReturn per unit of downside risk

+1.59

Omega ratioGain probability vs. loss probability

1.40

1.16

+0.24

Calmar ratioReturn relative to maximum drawdown

1.53

1.06

+0.47

Martin ratioReturn relative to average drawdown

4.61

3.47

+1.14

EIFAX vs. HHI.L - Sharpe Ratio Comparison

The current EIFAX Sharpe Ratio is 1.35, which is higher than the HHI.L Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of EIFAX and HHI.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

EIFAX vs. HHI.L - Drawdown Comparison

The maximum EIFAX drawdown since its inception was -40.28%, smaller than the maximum HHI.L drawdown of -65.00%. Use the drawdown chart below to compare losses from any high point for EIFAX and HHI.L.


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Drawdown Indicators


EIFAXHHI.LDifference

Max Drawdown

Largest peak-to-trough decline

-40.28%

-65.00%

+24.72%

Max Drawdown (1Y)

Largest decline over 1 year

-2.29%

-14.01%

+11.72%

Max Drawdown (3Y)

Largest decline over 3 years

-3.43%

-21.76%

+18.33%

Max Drawdown (5Y)

Largest decline over 5 years

-7.63%

-34.67%

+27.04%

Max Drawdown (10Y)

Largest decline over 10 years

-24.22%

-52.58%

+28.36%

Current Drawdown

Current decline from peak

-0.32%

-5.10%

+4.78%

Average Drawdown

Average peak-to-trough decline

-2.26%

-15.29%

+13.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.76%

4.28%

-3.52%

Volatility

EIFAX vs. HHI.L - Volatility Comparison

The current volatility for Eaton Vance Floating-Rate Advantage Fund (EIFAX) is 0.70%, while Henderson High Income Trust (HHI.L) has a volatility of 3.99%. This indicates that EIFAX experiences smaller price fluctuations and is considered to be less risky than HHI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EIFAXHHI.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.70%

3.99%

-3.29%

Volatility (6M)

Calculated over the trailing 6-month period

1.98%

13.52%

-11.54%

Volatility (1Y)

Calculated over the trailing 1-year period

2.59%

16.97%

-14.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.15%

22.76%

-19.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.46%

24.77%

-20.31%

Dividends

EIFAX vs. HHI.L - Dividend Comparison

EIFAX's dividend yield for the trailing twelve months is around 7.64%, more than HHI.L's 5.63% yield.


PositionTTM20252024202320222021202020192018201720162015
EIFAX
Eaton Vance Floating-Rate Advantage Fund
7.64%8.09%8.91%7.02%5.92%4.03%4.51%5.58%5.10%4.46%5.02%5.29%
HHI.L
Henderson High Income Trust
5.63%5.81%6.52%6.61%6.14%5.61%6.73%5.11%6.02%4.95%4.98%5.48%

Frequently Asked Questions


EIFAX and HHI.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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