HHI.L vs. EIFAX
Compare and contrast key facts about Henderson High Income Trust (HHI.L) and Eaton Vance Floating-Rate Advantage Fund (EIFAX).
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: HHI.L or EIFAX.
Key characteristics
| HHI.L | EIFAX | |
|---|---|---|
| YTD Return | 11.46% | 5.69% |
| 1Y Return | 7.85% | 9.52% |
| 3Y Return (Ann) | 7.21% | 5.83% |
| 5Y Return (Ann) | 5.54% | 5.25% |
| 10Y Return (Ann) | 4.55% | 4.85% |
| Sharpe Ratio | 0.42 | 3.02 |
| Daily Std Dev | 16.38% | 3.15% |
| Max Drawdown | -52.50% | -38.15% |
| Current Drawdown | -1.19% | -0.10% |
Correlation
The correlation between HHI.L and EIFAX is 0.19, 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
HHI.L vs. EIFAX - Performance Comparison
In the year-to-date period, HHI.L achieves a 11.46% return, which is significantly higher than EIFAX's 5.69% return. Over the past 10 years, HHI.L has underperformed EIFAX with an annualized return of 4.55%, while EIFAX has yielded a comparatively higher 4.85% annualized return. 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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Risk-Adjusted Performance
HHI.L vs. EIFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Henderson High Income Trust (HHI.L) 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
HHI.L vs. EIFAX - Dividend Comparison
HHI.L's dividend yield for the trailing twelve months is around 6.37%, less than EIFAX's 9.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHI.L Henderson High Income Trust | 6.37% | 6.63% | 6.15% | 5.62% | 6.75% | 5.12% | 6.03% | 4.96% | 4.99% | 0.05% | 0.05% | 4.86% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 9.56% | 9.34% | 5.92% | 4.03% | 4.51% | 5.58% | 5.12% | 4.46% | 5.03% | 5.29% | 4.79% | 4.82% |
Drawdowns
HHI.L vs. EIFAX - Drawdown Comparison
The maximum HHI.L drawdown since its inception was -52.50%, which is greater than EIFAX's maximum drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for HHI.L and EIFAX. For additional features, visit the drawdowns tool.
Volatility
HHI.L vs. EIFAX - Volatility Comparison
Henderson High Income Trust (HHI.L) has a higher volatility of 4.26% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.77%. This indicates that HHI.L'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.