HHI.L vs. EIFAX

Last updated Jun 5, 2026

HHI.L (Henderson High Income Trust) is a stock, while EIFAX (Eaton Vance Floating-Rate Advantage Fund) is Bank Loan fund managed by Eaton Vance. Over the past 10 years, HHI.L returned 7.35%/yr vs 5.82%/yr for EIFAX. At a 0.00 correlation, their price movements are largely independent.

Performance

HHI.L vs. EIFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Henderson High Income Trust (HHI.L) and Eaton Vance Floating-Rate Advantage Fund (EIFAX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HHI.L is traded in GBp, while EIFAX is traded in USD. To make them comparable, the EIFAX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, HHI.L achieves a 6.89% return, which is significantly higher than EIFAX's 0.96% return. Over the past 10 years, HHI.L has outperformed EIFAX with an annualized return of 7.35%, while EIFAX has yielded a comparatively lower 5.82% annualized return.

HHI.L

• 1D: 0.00%
• 1M: 0.00%
• YTD: 6.89%
• 6M: 8.78%
• 1Y: 14.82%
• 3Y*: 12.40%
• 5Y*: 8.32%
• 10Y*: 7.35%

EIFAX

• 1D: -0.14%
• 1M: 1.53%
• YTD: 0.96%
• 6M: -0.04%
• 1Y: 4.65%
• 3Y*: 4.49%
• 5Y*: 6.04%
• 10Y*: 5.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HHI.L vs. EIFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HHI.L Henderson High Income Trust	6.89%	22.59%	10.88%	0.89%	-1.18%	28.02%	-17.65%	27.05%	-11.23%	8.68%
EIFAX Eaton Vance Floating-Rate Advantage Fund	0.96%	-2.91%	10.81%	6.27%	8.56%	6.41%	-1.09%	4.87%	6.23%	-3.94%

Correlation

The correlation between HHI.L and EIFAX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Mar 18, 2008	0.00

Return for Risk

HHI.L vs. EIFAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HHI.L

HHI.L Risk / Return Rank: 68
HHI.L Sharpe Ratio Rank: 73
HHI.L Sortino Ratio Rank: 66
HHI.L Omega Ratio Rank: 65
HHI.L Calmar Ratio Rank: 65
HHI.L Martin Ratio Rank: 73

EIFAX

EIFAX Risk / Return Rank: 35
EIFAX Sharpe Ratio Rank: 25
EIFAX Sortino Ratio Rank: 51
EIFAX Omega Ratio Rank: 59
EIFAX Calmar Ratio Rank: 20
EIFAX Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HHI.L vs. EIFAX - Risk-Adjusted Trends 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.

	HHI.L	EIFAX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	0.66	+0.39
Sortino ratio: Return per unit of downside risk	1.52	0.98	+0.54
Omega ratio: Gain probability vs. loss probability	1.19	1.11	+0.08
Calmar ratio: Return relative to maximum drawdown	1.22	0.76	+0.45
Martin ratio: Return relative to average drawdown	4.18	1.74	+2.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HHI.L vs. EIFAX - Sharpe Ratio Comparison

The current HHI.L Sharpe Ratio is 1.06, which is higher than the EIFAX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of HHI.L and EIFAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HHI.L	EIFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.66	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.69	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.60	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.75	-0.35

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 -30.18%. Use the drawdown chart below to compare losses from any high point for HHI.L and EIFAX.

Drawdown Indicators

	HHI.L	EIFAX	Difference
Max Drawdown Largest peak-to-trough decline	-52.50%	-30.18%	-22.32%
Max Drawdown (1Y) Largest decline over 1 year	-13.04%	-5.87%	-7.17%
Max Drawdown (3Y) Largest decline over 3 years	-16.99%	-10.72%	-6.27%
Max Drawdown (5Y) Largest decline over 5 years	-18.80%	-12.00%	-6.80%
Max Drawdown (10Y) Largest decline over 10 years	-46.03%	-20.03%	-26.00%
Current Drawdown Current decline from peak	-4.11%	-4.77%	+0.66%
Average Drawdown Average peak-to-trough decline	-9.75%	-4.51%	-5.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	2.57%	+1.24%

Volatility

HHI.L vs. EIFAX - Volatility Comparison

Henderson High Income Trust (HHI.L) has a higher volatility of 4.11% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 1.81%. 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.

Volatility by Period

	HHI.L	EIFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	1.81%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	11.98%	5.00%	+6.98%
Volatility (1Y) Calculated over the trailing 1-year period	15.04%	6.77%	+8.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	8.74%	+11.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.27%	9.67%	+12.60%

Dividends

HHI.L vs. EIFAX - Dividend Comparison

HHI.L's dividend yield for the trailing twelve months is around 5.57%, less than EIFAX's 7.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIFAX Eaton Vance Floating-Rate Advantage Fund	7.62%	8.09%	8.91%	7.02%	5.92%	4.03%	4.51%	5.58%	5.10%	4.46%	5.02%	5.29%
HHI.L Henderson High Income Trust	5.57%	5.81%	6.52%	6.61%	6.14%	5.61%	6.73%	5.11%	6.02%	4.95%	4.98%	4.93%

Frequently Asked Questions

Can I hold both HHI.L and EIFAX in my portfolio?

HHI.L and EIFAX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.