Correlation
The correlation between KHYAX and EIFAX is 0.18, 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.
KHYAX vs. EIFAX
Compare and contrast key facts about DWS High Income Fund (KHYAX) and Eaton Vance Floating-Rate Advantage Fund (EIFAX).
KHYAX is managed by DWS. It was launched on Jan 26, 1978. 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: KHYAX or EIFAX.
Performance
KHYAX vs. EIFAX - Performance Comparison
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Key characteristics
KHYAX:
2.24
EIFAX:
1.88
KHYAX:
3.28
EIFAX:
3.63
KHYAX:
1.62
EIFAX:
1.80
KHYAX:
2.23
EIFAX:
1.90
KHYAX:
10.24
EIFAX:
8.81
KHYAX:
0.82%
EIFAX:
0.74%
KHYAX:
3.56%
EIFAX:
3.07%
KHYAX:
-31.57%
EIFAX:
-38.15%
KHYAX:
0.00%
EIFAX:
-0.10%
Returns By Period
In the year-to-date period, KHYAX achieves a 2.46% return, which is significantly higher than EIFAX's 0.80% return. Over the past 10 years, KHYAX has underperformed EIFAX with an annualized return of 4.51%, while EIFAX has yielded a comparatively higher 4.96% annualized return.
KHYAX
2.46%
1.23%
1.83%
7.89%
6.03%
4.51%
4.51%
EIFAX
0.80%
0.82%
1.40%
5.71%
8.00%
7.19%
4.96%
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KHYAX vs. EIFAX - Expense Ratio Comparison
KHYAX has a 0.94% expense ratio, which is higher than EIFAX's 0.47% expense ratio.
Risk-Adjusted Performance
KHYAX vs. EIFAX — Risk-Adjusted Performance Rank
KHYAX
EIFAX
KHYAX vs. EIFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS High Income Fund (KHYAX) 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.
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Dividends
KHYAX vs. EIFAX - Dividend Comparison
KHYAX's dividend yield for the trailing twelve months is around 6.23%, less than EIFAX's 7.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KHYAX DWS High Income Fund | 6.23% | 6.07% | 5.70% | 5.29% | 4.48% | 4.49% | 4.88% | 5.68% | 5.29% | 4.98% | 5.79% | 6.03% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 7.85% | 8.91% | 9.33% | 5.92% | 4.03% | 4.52% | 5.58% | 5.10% | 4.46% | 5.03% | 5.29% | 4.79% |
Drawdowns
KHYAX vs. EIFAX - Drawdown Comparison
The maximum KHYAX drawdown since its inception was -31.57%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for KHYAX and EIFAX.
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Volatility
KHYAX vs. EIFAX - Volatility Comparison
DWS High Income Fund (KHYAX) has a higher volatility of 0.94% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.65%. This indicates that KHYAX'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.
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