EIFAX vs. THY
Compare and contrast key facts about Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Agility Shares Dynamic Tactical Income ETF (THY).
EIFAX is managed by Eaton Vance. It was launched on Mar 16, 2008. THY is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EIFAX or THY.
Key characteristics
| EIFAX | THY | |
|---|---|---|
| YTD Return | 7.43% | 5.43% |
| 1Y Return | 11.07% | 10.86% |
| 3Y Return (Ann) | 6.21% | 1.32% |
| Sharpe Ratio | 3.69 | 2.15 |
| Sortino Ratio | 10.79 | 3.21 |
| Omega Ratio | 3.20 | 1.45 |
| Calmar Ratio | 13.85 | 1.40 |
| Martin Ratio | 62.31 | 17.78 |
| Ulcer Index | 0.18% | 0.61% |
| Daily Std Dev | 3.00% | 5.08% |
| Max Drawdown | -38.15% | -8.56% |
| Current Drawdown | 0.00% | -1.54% |
Correlation
The correlation between EIFAX and THY is 0.22, 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
EIFAX vs. THY - Performance Comparison
In the year-to-date period, EIFAX achieves a 7.43% return, which is significantly higher than THY's 5.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EIFAX vs. THY - Expense Ratio Comparison
EIFAX has a 0.47% expense ratio, which is lower than THY's 1.36% expense ratio.
Risk-Adjusted Performance
EIFAX vs. THY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Floating-Rate Advantage Fund (EIFAX) and Agility Shares Dynamic Tactical Income ETF (THY). 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
EIFAX vs. THY - Dividend Comparison
EIFAX's dividend yield for the trailing twelve months is around 9.47%, more than THY's 4.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIFAX Eaton Vance Floating-Rate Advantage Fund | 9.47% | 9.33% | 5.92% | 4.03% | 4.52% | 5.58% | 5.10% | 4.46% | 5.03% | 5.29% | 4.79% | 4.82% |
THY Agility Shares Dynamic Tactical Income ETF | 4.71% | 4.59% | 2.55% | 3.46% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EIFAX vs. THY - Drawdown Comparison
The maximum EIFAX drawdown since its inception was -38.15%, which is greater than THY's maximum drawdown of -8.56%. Use the drawdown chart below to compare losses from any high point for EIFAX and THY. For additional features, visit the drawdowns tool.
Volatility
EIFAX vs. THY - Volatility Comparison
The current volatility for Eaton Vance Floating-Rate Advantage Fund (EIFAX) is 0.63%, while Agility Shares Dynamic Tactical Income ETF (THY) has a volatility of 0.93%. This indicates that EIFAX experiences smaller price fluctuations and is considered to be less risky than THY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.