EVPF vs. ICVT
EVPF (Eaton Vance Preferred Securities and Income ETF) and ICVT (iShares Convertible Bond ETF) are both Preferred Stock/Convertible Bonds funds. EVPF is actively managed, while ICVT is passively managed. At a 0.48 correlation, their price movements are largely independent. EVPF charges 0.39%/yr vs 0.20%/yr for ICVT.
Performance
EVPF vs. ICVT - Performance Comparison
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Returns By Period
EVPF
- 1D
- -0.10%
- 1M
- 0.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICVT
- 1D
- 0.16%
- 1M
- -2.56%
- 6M
- 14.07%
- YTD
- 19.14%
- 1Y
- 29.39%
- 3Y*
- 16.96%
- 5Y*
- 6.66%
- 10Y*
- 13.23%
EVPF vs. ICVT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.46% |
ICVT iShares Convertible Bond ETF | 12.13% |
Correlation
The correlation between EVPF and ICVT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026 | 0.48 |
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Return for Risk
EVPF vs. ICVT — Risk / Return Rank
EVPF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ICVT
EVPF vs. ICVT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Preferred Securities and Income ETF (EVPF) and iShares Convertible Bond ETF (ICVT). 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.
| EVPF | ICVT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.91 | — |
| Martin ratioReturn relative to average drawdown | — | 11.93 | — |
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Drawdowns
EVPF vs. ICVT - Drawdown Comparison
The maximum EVPF drawdown since its inception was -2.36%, smaller than the maximum ICVT drawdown of -33.25%. Use the drawdown chart below to compare losses from any high point for EVPF and ICVT.
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Drawdown Indicators
| EVPF | ICVT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -33.25% | +30.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.22% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.25% | — |
Current DrawdownCurrent decline from peak | -0.54% | -6.10% | +5.56% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -9.44% | +9.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.47% | — |
Volatility
EVPF vs. ICVT - Volatility Comparison
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Volatility by Period
| EVPF | ICVT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.16% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 16.30% | -12.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.88% | 13.63% | -9.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.88% | 15.66% | -11.78% |
EVPF vs. ICVT - Expense Ratio Comparison
EVPF has a 0.39% expense ratio, which is higher than ICVT's 0.20% expense ratio.
Dividends
EVPF vs. ICVT - Dividend Comparison
EVPF's dividend yield for the trailing twelve months is around 1.58%, more than ICVT's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICVT iShares Convertible Bond ETF | 1.35% | 1.73% | 2.19% | 1.85% | 1.93% | 7.70% | 3.98% | 1.86% | 4.82% | 2.56% | 3.06% | 1.57% |
Frequently Asked Questions
EVPF and ICVT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICVT is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICVT is cheaper with a 0.20% expense ratio, compared with 0.39% for EVPF.
EVPF has the higher dividend yield at 1.58%, compared with 1.35% for ICVT.
They also come from different issuers: Eaton Vance and iShares. Their fees differ too: 0.39% for EVPF and 0.20% for ICVT.
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