GHY vs. EVF
GHY (PGIM Global High Yield Fund) is High Yield Bonds fund managed by PGIM, while EVF (Eaton Vance Senior Income Trust) is a stock. Over the past 10 years, GHY returned 6.78%/yr vs 5.70%/yr for EVF. Their 0.36 correlation means their historical movements had little consistent relationship.
Performance
GHY vs. EVF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GHY achieves a -0.52% return, which is significantly higher than EVF's -1.03% return. Over the past 10 years, GHY has outperformed EVF with an annualized return of 6.78%, while EVF has yielded a comparatively lower 5.70% annualized return.
GHY
- 1D
- -0.09%
- 1M
- -2.38%
- 6M
- -4.54%
- YTD
- -0.52%
- 1Y
- -1.07%
- 3Y*
- 11.98%
- 5Y*
- 4.42%
- 10Y*
- 6.78%
- ALL TIME*
- 5.38%
EVF
- 1D
- 0.00%
- 1M
- 0.44%
- 6M
- -2.49%
- YTD
- -1.03%
- 1Y
- -3.26%
- 3Y*
- 5.55%
- 5Y*
- 3.19%
- 10Y*
- 5.70%
- ALL TIME*
- 4.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $254.76K | $293.39K | $281.69K | |
| $1.61M | $1.64M | $1.60M |
GHY vs. EVF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GHY PGIM Global High Yield Fund | -0.52% | 10.46% | 20.25% | 17.29% | -20.04% | 12.73% | 6.33% | 26.51% | -3.54% | 4.38% |
EVF Eaton Vance Senior Income Trust | -1.03% | -6.15% | 7.31% | 34.53% | -14.77% | 11.80% | 6.14% | 14.36% | -2.40% | 3.08% |
Correlation
The correlation between GHY and EVF is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 24, 2012 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GHY vs. EVF — Risk / Return Rank
GHY
EVF
GHY vs. EVF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Global High Yield Fund (GHY) and Eaton Vance Senior Income Trust (EVF). 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.
| GHY | EVF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.93 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | -0.38 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.23 | -0.87 | +0.64 |
Loading charts...
Drawdowns
GHY vs. EVF - Drawdown Comparison
The maximum GHY drawdown since its inception was -41.35%, smaller than the maximum EVF drawdown of -62.41%. Use the drawdown chart below to compare losses from any high point for GHY and EVF.
Loading charts...
Drawdown Indicators
| GHY | EVF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.35% | -62.41% | +21.06% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -8.66% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -16.36% | -16.86% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -29.50% | -23.76% | -5.74% |
Max Drawdown (10Y)Largest decline over 10 years | -41.35% | -41.01% | -0.34% |
Current DrawdownCurrent decline from peak | -5.69% | -9.94% | +4.25% |
Average DrawdownAverage peak-to-trough decline | -6.01% | -8.35% | +2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.68% | 3.76% | +0.92% |
Volatility
GHY vs. EVF - Volatility Comparison
PGIM Global High Yield Fund (GHY) has a higher volatility of 3.04% compared to Eaton Vance Senior Income Trust (EVF) at 0.97%. This indicates that GHY's price experiences larger fluctuations and is considered to be riskier than EVF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GHY | EVF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 0.97% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.67% | 5.92% | +2.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.72% | 7.28% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.24% | 12.40% | +1.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.35% | 14.14% | +1.21% |
Dividends
GHY vs. EVF - Dividend Comparison
GHY's dividend yield for the trailing twelve months is around 10.82%, more than EVF's 8.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVF Eaton Vance Senior Income Trust | 8.89% | 9.58% | 10.13% | 10.51% | 9.45% | 5.37% | 6.16% | 6.58% | 6.27% | 5.57% | 6.06% | 7.73% |
GHY PGIM Global High Yield Fund | 10.82% | 10.21% | 10.23% | 11.09% | 11.62% | 8.35% | 8.67% | 8.04% | 7.72% | 7.77% | 8.53% | 10.07% |
Frequently Asked Questions
GHY and EVF have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GHY has higher volatility (3.04%) compared to EVF (0.97%). In terms of maximum drawdown, GHY dropped -41.35% vs EVF's -62.41%.
GHY currently has the higher Sharpe Ratio (-0.10 vs -0.45), 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.
Find the right allocation for GHY and EVF
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