ICVT vs. EVPF
ICVT (iShares Convertible Bond ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. ICVT is passively managed, while EVPF is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. ICVT charges 0.20%/yr vs 0.39%/yr for EVPF.
Performance
ICVT vs. EVPF - Performance Comparison
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Returns By Period
ICVT
- 1D
- -1.95%
- 1M
- 3.04%
- YTD
- 24.42%
- 6M
- 22.70%
- 1Y
- 40.17%
- 3Y*
- 20.04%
- 5Y*
- 6.76%
- 10Y*
- 14.18%
EVPF
- 1D
- 0.01%
- 1M
- 0.65%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICVT vs. EVPF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ICVT iShares Convertible Bond ETF | 17.10% |
EVPF Eaton Vance Preferred Securities and Income ETF | 1.29% |
Correlation
The correlation between ICVT and EVPF is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026 | 0.50 |
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Return for Risk
ICVT vs. EVPF — Risk / Return Rank
ICVT
EVPF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ICVT vs. EVPF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Convertible Bond ETF (ICVT) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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.
| ICVT | EVPF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.46 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.35 | — | — |
| Martin ratioReturn relative to average drawdown | 18.22 | — | — |
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Drawdowns
ICVT vs. EVPF - Drawdown Comparison
The maximum ICVT drawdown since its inception was -33.25%, which is greater than EVPF's maximum drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for ICVT and EVPF.
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Drawdown Indicators
| ICVT | EVPF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.25% | -2.36% | -30.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.55% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.95% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.25% | — | — |
Current DrawdownCurrent decline from peak | -1.95% | -0.17% | -1.78% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -0.47% | -8.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | — | — |
Volatility
ICVT vs. EVPF - Volatility Comparison
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Volatility by Period
| ICVT | EVPF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.08% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.10% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.68% | 4.08% | +11.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.51% | 4.08% | +9.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 4.08% | +11.53% |
ICVT vs. EVPF - Expense Ratio Comparison
ICVT has a 0.20% expense ratio, which is lower than EVPF's 0.39% expense ratio.
Dividends
ICVT vs. EVPF - Dividend Comparison
ICVT's dividend yield for the trailing twelve months is around 1.30%, more than EVPF's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVPF Eaton Vance Preferred Securities and Income ETF | 1.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICVT iShares Convertible Bond ETF | 1.30% | 1.73% | 2.19% | 1.85% | 1.93% | 7.70% | 3.98% | 1.86% | 4.82% | 2.56% | 3.06% | 1.57% |
Frequently Asked Questions
ICVT and EVPF have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICVT is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICVT is cheaper with a 0.20% expense ratio, compared with 0.39% for EVPF.
ICVT has the higher dividend yield at 1.30%, compared with 1.08% for EVPF.
They also come from different issuers: iShares and Eaton Vance. Their fees differ too: 0.20% for ICVT and 0.39% for EVPF.
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