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.
Key characteristics
| FHYSX | EIFAX | |
|---|---|---|
| YTD Return | 7.52% | 7.53% |
| 1Y Return | 12.74% | 10.96% |
| 3Y Return (Ann) | 2.80% | 6.25% |
| 5Y Return (Ann) | 4.33% | 5.66% |
| 10Y Return (Ann) | 4.89% | 5.02% |
| Sharpe Ratio | 3.57 | 3.69 |
| Sortino Ratio | 5.86 | 10.79 |
| Omega Ratio | 1.91 | 3.20 |
| Calmar Ratio | 2.92 | 13.85 |
| Martin Ratio | 24.01 | 62.30 |
| Ulcer Index | 0.54% | 0.18% |
| Daily Std Dev | 3.73% | 3.00% |
| Max Drawdown | -21.45% | -38.15% |
| Current Drawdown | -0.31% | 0.00% |
Correlation
The correlation between FHYSX and EIFAX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FHYSX vs. EIFAX - Performance Comparison
The year-to-date returns for both investments are quite close, with FHYSX having a 7.52% return and EIFAX slightly higher at 7.53%. Both investments have delivered pretty close results over the past 10 years, with FHYSX having a 4.89% annualized return and EIFAX not far ahead at 5.02%. 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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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 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 6.18%, less than EIFAX's 9.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 6.18% | 6.33% | 7.06% | 5.44% | 5.73% | 6.17% | 6.61% | 6.06% | 6.31% | 7.21% | 7.60% | 8.55% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 9.46% | 9.33% | 5.92% | 4.03% | 4.52% | 5.58% | 5.10% | 4.46% | 5.03% | 5.29% | 4.79% | 4.82% |
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 0.97% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.63%. 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.