FHYSX vs. EIFAX
Compare and contrast key facts about Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Eaton Vance Floating-Rate Advantage Fund (EIFAX).
FHYSX is managed by Federated. It was launched on Dec 24, 2008. EIFAX is managed by Eaton Vance. It was launched on Mar 16, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHYSX or EIFAX.
Correlation
The correlation between FHYSX and EIFAX is 0.20, 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
FHYSX vs. EIFAX - Performance Comparison
Key characteristics
FHYSX:
2.24
EIFAX:
1.59
FHYSX:
3.26
EIFAX:
2.75
FHYSX:
1.52
EIFAX:
1.60
FHYSX:
2.24
EIFAX:
1.21
FHYSX:
9.70
EIFAX:
5.66
FHYSX:
0.84%
EIFAX:
0.88%
FHYSX:
3.67%
EIFAX:
3.14%
FHYSX:
-21.45%
EIFAX:
-38.15%
FHYSX:
-1.36%
EIFAX:
-2.41%
Returns By Period
In the year-to-date period, FHYSX achieves a 0.61% return, which is significantly higher than EIFAX's -1.63% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: FHYSX at 4.75% and EIFAX at 4.75%.
FHYSX
0.61%
-0.17%
1.40%
8.18%
6.11%
4.75%
EIFAX
-1.63%
-1.22%
0.44%
4.97%
7.83%
4.75%
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FHYSX vs. EIFAX - Expense Ratio Comparison
FHYSX has a 0.02% expense ratio, which is lower than EIFAX's 0.47% expense ratio.
Risk-Adjusted Performance
FHYSX vs. EIFAX — Risk-Adjusted Performance Rank
FHYSX
EIFAX
FHYSX vs. EIFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Eaton Vance Floating-Rate Advantage Fund (EIFAX). 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
FHYSX vs. EIFAX - Dividend Comparison
FHYSX's dividend yield for the trailing twelve months is around 5.87%, less than EIFAX's 8.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.87% | 6.35% | 6.33% | 7.06% | 5.44% | 5.73% | 6.17% | 6.61% | 6.06% | 6.31% | 7.21% | 7.60% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 8.09% | 8.91% | 9.33% | 5.92% | 4.03% | 4.52% | 5.58% | 5.10% | 4.46% | 5.03% | 5.29% | 4.79% |
Drawdowns
FHYSX vs. EIFAX - Drawdown Comparison
The maximum FHYSX drawdown since its inception was -21.45%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for FHYSX and EIFAX. For additional features, visit the drawdowns tool.
Volatility
FHYSX vs. EIFAX - Volatility Comparison
Federated Hermes High-Yield Strategy Portfolio (FHYSX) has a higher volatility of 2.01% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 1.79%. This indicates that FHYSX's price experiences larger fluctuations and is considered to be riskier than EIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.