EIFAX vs. HYDW
Compare and contrast key facts about Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Xtrackers Low Beta High Yield Bond ETF (HYDW).
EIFAX is managed by Eaton Vance. It was launched on Mar 16, 2008. HYDW is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index. It was launched on Jan 11, 2018.
Performance
EIFAX vs. HYDW - Performance Comparison
Loading graphics...
EIFAX vs. HYDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EIFAX Eaton Vance Floating-Rate Advantage Fund | -1.88% | 4.54% | 8.91% | 11.86% | -2.98% | 5.41% | 1.90% | 9.02% | 0.10% |
HYDW Xtrackers Low Beta High Yield Bond ETF | -0.14% | 8.47% | 5.42% | 9.84% | -7.86% | 2.77% | 5.51% | 11.44% | -1.08% |
Returns By Period
In the year-to-date period, EIFAX achieves a -1.88% return, which is significantly lower than HYDW's -0.14% return.
EIFAX
- 1D
- 0.11%
- 1M
- -0.32%
- YTD
- -1.88%
- 6M
- -1.19%
- 1Y
- 2.70%
- 3Y*
- 6.43%
- 5Y*
- 4.64%
- 10Y*
- 5.15%
HYDW
- 1D
- 0.21%
- 1M
- -0.68%
- YTD
- -0.14%
- 6M
- 1.39%
- 1Y
- 6.16%
- 3Y*
- 6.37%
- 5Y*
- 3.49%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EIFAX vs. HYDW - Expense Ratio Comparison
EIFAX has a 0.47% expense ratio, which is higher than HYDW's 0.20% expense ratio.
Return for Risk
EIFAX vs. HYDW — Risk / Return Rank
EIFAX
HYDW
EIFAX vs. HYDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Xtrackers Low Beta High Yield Bond ETF (HYDW). 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.
| EIFAX | HYDW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.44 | -0.61 |
Sortino ratioReturn per unit of downside risk | 1.20 | 2.17 | -0.97 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.33 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.36 | -1.13 |
Martin ratioReturn relative to average drawdown | 3.93 | 11.48 | -7.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EIFAX | HYDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.44 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.50 | 0.55 | +0.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.17 | 0.57 | +0.60 |
Correlation
The correlation between EIFAX and HYDW is 0.25, 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.
Dividends
EIFAX vs. HYDW - Dividend Comparison
EIFAX's dividend yield for the trailing twelve months is around 7.40%, more than HYDW's 5.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIFAX Eaton Vance Floating-Rate Advantage Fund | 7.40% | 8.09% | 8.91% | 7.02% | 5.92% | 4.03% | 4.51% | 5.58% | 5.10% | 4.46% | 5.02% | 5.29% |
HYDW Xtrackers Low Beta High Yield Bond ETF | 5.63% | 5.75% | 5.35% | 5.69% | 4.78% | 3.30% | 4.45% | 4.56% | 4.42% | 0.00% | 0.00% | 0.00% |
Drawdowns
EIFAX vs. HYDW - Drawdown Comparison
The maximum EIFAX drawdown since its inception was -40.28%, which is greater than HYDW's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for EIFAX and HYDW.
Loading graphics...
Drawdown Indicators
| EIFAX | HYDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.28% | -17.75% | -22.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.45% | -2.72% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -7.63% | -12.68% | +5.05% |
Max Drawdown (10Y)Largest decline over 10 years | -24.22% | — | — |
Current DrawdownCurrent decline from peak | -2.18% | -0.91% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -1.92% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.56% | +0.23% |
Volatility
EIFAX vs. HYDW - Volatility Comparison
The current volatility for Eaton Vance Floating-Rate Advantage Fund (EIFAX) is 0.85%, while Xtrackers Low Beta High Yield Bond ETF (HYDW) has a volatility of 1.73%. This indicates that EIFAX experiences smaller price fluctuations and is considered to be less risky than HYDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EIFAX | HYDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 1.73% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 1.83% | 2.28% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 4.31% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.10% | 6.40% | -3.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 7.05% | -2.60% |