PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EVF vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EVF vs. HDV

Last updated Jun 25, 2026

EVF (Eaton Vance Senior Income Trust) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, EVF returned 5.97%/yr vs 9.44%/yr for HDV. At a 0.27 correlation, their price movements are largely independent.

Performance

EVF vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Senior Income Trust (EVF) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EVF achieves a -1.66% return, which is significantly lower than HDV's 13.95% return. Over the past 10 years, EVF has underperformed HDV with an annualized return of 5.97%, while HDV has yielded a comparatively higher 9.44% annualized return.

EVF

1D
-0.20%
1M
0.42%
YTD
-1.66%
6M
-2.40%
1Y
-3.68%
3Y*
8.00%
5Y*
3.06%
10Y*
5.97%

HDV

1D
-0.11%
1M
-1.46%
YTD
13.95%
6M
13.56%
1Y
20.98%
3Y*
15.44%
5Y*
10.95%
10Y*
9.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EVF vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EVF
Eaton Vance Senior Income Trust		-1.66%-6.15%7.31%34.53%-14.77%11.80%6.14%14.36%-2.40%3.08%
HDV
iShares Core High Dividend ETF		13.95%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%13.40%

Correlation

The correlation between EVF and HDV is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.11

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

0.14

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

0.26

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

0.28

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2011

0.27

The correlation between EVF and HDV shifts across timeframes, from 0.11 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Eaton Vance Senior Income Trust

iShares Core High Dividend ETF

Often compared with EVF:
EVF vs. SRLNEVF vs. FFRHXEVF vs. JEPIEVF vs. LGLVEVF vs. DGROEVF vs. SPYIEVF vs. SCHD
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

EVF vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EVF
EVF Risk / Return Rank: 2323
Overall Rank
EVF Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
EVF Sortino Ratio Rank: 1818
Sortino Ratio Rank
EVF Omega Ratio Rank: 1919
Omega Ratio Rank
EVF Calmar Ratio Rank: 3030
Calmar Ratio Rank
EVF Martin Ratio Rank: 2626
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 7474
Overall Rank
HDV Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7878
Sortino Ratio Rank
HDV Omega Ratio Rank: 6868
Omega Ratio Rank
HDV Calmar Ratio Rank: 8383
Calmar Ratio Rank
HDV Martin Ratio Rank: 6868
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.

EVF vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Senior Income Trust (EVF) and iShares Core High Dividend ETF (HDV). 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.

EVFHDVDifference
Sharpe ratioReturn per unit of total volatility
-0.50
2.12

-2.62

Sortino ratioReturn per unit of downside risk
-0.66
3.11

-3.77

Omega ratioGain probability vs. loss probability

0.92

1.36

-0.44

Calmar ratioReturn relative to maximum drawdown

-0.39

4.07

-4.46

Martin ratioReturn relative to average drawdown

-0.88

11.13

-12.02

EVF vs. HDV - Sharpe Ratio Comparison

The current EVF Sharpe Ratio is -0.50, which is lower than the HDV Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of EVF and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

EVF vs. HDV - Drawdown Comparison

The maximum EVF drawdown since its inception was -62.41%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for EVF and HDV.

Loading charts...

Drawdown Indicators

EVFHDVDifference

Max Drawdown

Largest peak-to-trough decline

-62.41%

-37.04%

-25.37%

Max Drawdown (1Y)

Largest decline over 1 year

-9.41%

-5.18%

-4.23%

Max Drawdown (3Y)

Largest decline over 3 years

-16.86%

-10.49%

-6.37%

Max Drawdown (5Y)

Largest decline over 5 years

-23.76%

-15.42%

-8.34%

Max Drawdown (10Y)

Largest decline over 10 years

-41.01%

-37.04%

-3.97%

Current Drawdown

Current decline from peak

-10.51%

-1.46%

-9.05%

Average Drawdown

Average peak-to-trough decline

-8.34%

-3.08%

-5.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.17%

1.89%

+2.28%

Volatility

EVF vs. HDV - Volatility Comparison

The current volatility for Eaton Vance Senior Income Trust (EVF) is 1.07%, while iShares Core High Dividend ETF (HDV) has a volatility of 3.45%. This indicates that EVF experiences smaller price fluctuations and is considered to be less risky than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EVFHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.07%

3.45%

-2.38%

Volatility (6M)

Calculated over the trailing 6-month period

6.32%

7.60%

-1.28%

Volatility (1Y)

Calculated over the trailing 1-year period

7.40%

9.93%

-2.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.44%

12.81%

-0.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.18%

15.73%

-1.55%

Dividends

EVF vs. HDV - Dividend Comparison

EVF's dividend yield for the trailing twelve months is around 9.09%, more than HDV's 2.90% yield.

PositionTTM20252024202320222021202020192018201720162015
EVF
Eaton Vance Senior Income Trust		9.09%9.58%10.13%10.51%9.45%5.37%6.16%6.58%6.27%5.57%6.06%7.73%
HDV
iShares Core High Dividend ETF		2.90%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%

Frequently Asked Questions

EVF and HDV have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HDV has higher volatility (3.45%) compared to EVF (1.07%). In terms of maximum drawdown, EVF dropped -62.41% vs HDV's -37.04%.

HDV currently has the higher Sharpe Ratio (2.12 vs -0.50), 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.

Portfolio Optimizer

Find the right allocation for EVF and HDV

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