HYUP vs. EIFAX

Last updated Jun 4, 2026

HYUP (Xtrackers High Beta High Yield Bond ETF) and EIFAX (Eaton Vance Floating-Rate Advantage Fund) are both funds - HYUP is a High Yield Bonds fund tracking the Solactive USD High Yield Corporates Total Market High Beta Index, while EIFAX is a Bank Loan fund managed by Eaton Vance. Over the past 5 years, HYUP returned 4.39%/yr vs 4.94%/yr for EIFAX. At a 0.32 correlation, their price movements are largely independent. HYUP charges 0.20%/yr vs 0.47%/yr for EIFAX.

Performance

HYUP vs. EIFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers High Beta High Yield Bond ETF (HYUP) and Eaton Vance Floating-Rate Advantage Fund (EIFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYUP achieves a 1.63% return, which is significantly higher than EIFAX's 0.69% return.

HYUP

• 1D: -0.33%
• 1M: 0.54%
• YTD: 1.63%
• 6M: 2.12%
• 1Y: 7.43%
• 3Y*: 10.16%
• 5Y*: 4.39%
• 10Y*: —

EIFAX

• 1D: 0.00%
• 1M: 0.59%
• YTD: 0.69%
• 6M: 0.86%
• 1Y: 3.71%
• 3Y*: 7.26%
• 5Y*: 4.94%
• 10Y*: 5.05%

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

HYUP vs. EIFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HYUP Xtrackers High Beta High Yield Bond ETF	1.63%	8.83%	10.30%	14.56%	-13.30%	5.13%	5.73%	16.54%	-3.90%
EIFAX Eaton Vance Floating-Rate Advantage Fund	0.69%	4.54%	8.91%	11.86%	-2.98%	5.41%	1.90%	9.02%	0.10%

Correlation

The correlation between HYUP and EIFAX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018	0.32

Return for Risk

HYUP vs. EIFAX — Risk / Return Rank

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

HYUP

HYUP Risk / Return Rank: 54
HYUP Sharpe Ratio Rank: 51
HYUP Sortino Ratio Rank: 55
HYUP Omega Ratio Rank: 54
HYUP Calmar Ratio Rank: 49
HYUP Martin Ratio Rank: 59

EIFAX

EIFAX Risk / Return Rank: 36
EIFAX Sharpe Ratio Rank: 26
EIFAX Sortino Ratio Rank: 54
EIFAX Omega Ratio Rank: 62
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.

HYUP vs. EIFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers High Beta High Yield Bond ETF (HYUP) 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.

	HYUP	EIFAX	Difference
Sharpe ratio Return per unit of total volatility	1.76	1.45	+0.31
Sortino ratio Return per unit of downside risk	2.68	3.09	-0.42
Omega ratio Gain probability vs. loss probability	1.34	1.44	-0.10
Calmar ratio Return relative to maximum drawdown	2.45	1.63	+0.82
Martin ratio Return relative to average drawdown	10.46	4.92	+5.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYUP vs. EIFAX - Sharpe Ratio Comparison

The current HYUP Sharpe Ratio is 1.76, which is comparable to the EIFAX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of HYUP 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

	HYUP	EIFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	1.45	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	1.58	-1.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	1.20	-0.68

Drawdowns

HYUP vs. EIFAX - Drawdown Comparison

The maximum HYUP drawdown since its inception was -24.79%, smaller than the maximum EIFAX drawdown of -40.28%. Use the drawdown chart below to compare losses from any high point for HYUP and EIFAX.

Drawdown Indicators

	HYUP	EIFAX	Difference
Max Drawdown Largest peak-to-trough decline	-24.79%	-40.28%	+15.49%
Max Drawdown (1Y) Largest decline over 1 year	-3.05%	-2.29%	-0.76%
Max Drawdown (3Y) Largest decline over 3 years	-6.03%	-3.43%	-2.60%
Max Drawdown (5Y) Largest decline over 5 years	-18.06%	-7.63%	-10.43%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.22%	—
Current Drawdown Current decline from peak	-0.36%	0.00%	-0.36%
Average Drawdown Average peak-to-trough decline	-3.42%	-2.27%	-1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.71%	0.76%	-0.05%

Volatility

HYUP vs. EIFAX - Volatility Comparison

Xtrackers High Beta High Yield Bond ETF (HYUP) has a higher volatility of 1.35% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.64%. This indicates that HYUP'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

	HYUP	EIFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	0.64%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	3.35%	1.96%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	4.24%	2.57%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.27%	3.14%	+5.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.75%	4.46%	+5.29%

HYUP vs. EIFAX - Expense Ratio Comparison

HYUP has a 0.20% expense ratio, which is lower than EIFAX's 0.47% expense ratio.

Dividends

HYUP vs. EIFAX - Dividend Comparison

HYUP's dividend yield for the trailing twelve months is around 7.33%, less than EIFAX's 7.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIFAX Eaton Vance Floating-Rate Advantage Fund	7.61%	8.09%	8.91%	7.02%	5.92%	4.03%	4.51%	5.58%	5.10%	4.46%	5.02%	5.29%
HYUP Xtrackers High Beta High Yield Bond ETF	7.33%	7.44%	7.78%	7.48%	7.15%	6.19%	6.89%	6.77%	6.98%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYUP and EIFAX in my portfolio?

HYUP and EIFAX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYUP or EIFAX?

HYUP has higher volatility (1.35%) compared to EIFAX (0.64%). In terms of maximum drawdown, HYUP dropped -24.79% vs EIFAX's -40.28%.

Which has better risk-adjusted returns?

HYUP currently has the higher Sharpe Ratio (1.76 vs 1.45), 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.