LGLV vs. EVF

Last updated Jun 4, 2026

LGLV (SPDR SSGA US Large Cap Low Volatility Index ETF) is Volatility Hedged Equity fund tracking the SSGA US Large Cap Low Volatility (TR), while EVF (Eaton Vance Senior Income Trust) is a stock. Over the past 10 years, LGLV returned 11.00%/yr vs 5.99%/yr for EVF. At a 0.29 correlation, their price movements are largely independent.

Performance

LGLV vs. EVF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and Eaton Vance Senior Income Trust (EVF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGLV achieves a 0.83% return, which is significantly higher than EVF's -2.18% return. Over the past 10 years, LGLV has outperformed EVF with an annualized return of 11.00%, while EVF has yielded a comparatively lower 5.99% annualized return.

LGLV

• 1D: -0.06%
• 1M: -1.79%
• YTD: 0.83%
• 6M: 1.07%
• 1Y: 2.87%
• 3Y*: 11.07%
• 5Y*: 7.70%
• 10Y*: 11.00%

EVF

• 1D: -0.10%
• 1M: 0.75%
• YTD: -2.18%
• 6M: -2.75%
• 1Y: -3.96%
• 3Y*: 8.04%
• 5Y*: 3.14%
• 10Y*: 5.99%

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

LGLV vs. EVF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	0.83%	8.37%	16.22%	9.19%	-8.17%	27.95%	7.42%	30.83%	0.32%	17.84%
EVF Eaton Vance Senior Income Trust	-2.18%	-6.15%	7.31%	34.53%	-14.77%	11.80%	6.14%	14.36%	-2.40%	3.08%

Correlation

The correlation between LGLV and EVF is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Feb 22, 2013	0.29

The correlation between LGLV and EVF shifts across timeframes, from 0.18 (3 years) to 0.31 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

LGLV vs. EVF — Risk / Return Rank

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

LGLV

LGLV Risk / Return Rank: 13
LGLV Sharpe Ratio Rank: 13
LGLV Sortino Ratio Rank: 12
LGLV Omega Ratio Rank: 12
LGLV Calmar Ratio Rank: 14
LGLV Martin Ratio Rank: 14

EVF

EVF Risk / Return Rank: 19
EVF Sharpe Ratio Rank: 18
EVF Sortino Ratio Rank: 16
EVF Omega Ratio Rank: 16
EVF Calmar Ratio Rank: 26
EVF Martin Ratio Rank: 20

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.

LGLV vs. EVF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and Eaton Vance Senior Income Trust (EVF). 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.

	LGLV	EVF	Difference
Sharpe ratio: Return per unit of total volatility	0.31	-0.53	+0.85
Sortino ratio: Return per unit of downside risk	0.51	-0.71	+1.23
Omega ratio: Gain probability vs. loss probability	1.06	0.91	+0.15
Calmar ratio: Return relative to maximum drawdown	0.42	-0.42	+0.84
Martin ratio: Return relative to average drawdown	1.08	-1.00	+2.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGLV vs. EVF - Sharpe Ratio Comparison

The current LGLV Sharpe Ratio is 0.31, which is higher than the EVF Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of LGLV and EVF, 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

	LGLV	EVF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	-0.53	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.25	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.42	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.26	+0.50

Drawdowns

LGLV vs. EVF - Drawdown Comparison

The maximum LGLV drawdown since its inception was -36.64%, smaller than the maximum EVF drawdown of -62.41%. Use the drawdown chart below to compare losses from any high point for LGLV and EVF.

Drawdown Indicators

	LGLV	EVF	Difference
Max Drawdown Largest peak-to-trough decline	-36.64%	-62.41%	+25.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.86%	-9.41%	+2.55%
Max Drawdown (3Y) Largest decline over 3 years	-10.17%	-16.86%	+6.69%
Max Drawdown (5Y) Largest decline over 5 years	-17.49%	-23.76%	+6.27%
Max Drawdown (10Y) Largest decline over 10 years	-36.64%	-41.01%	+4.37%
Current Drawdown Current decline from peak	-6.60%	-10.98%	+4.38%
Average Drawdown Average peak-to-trough decline	-3.21%	-8.34%	+5.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	3.97%	-1.30%

Volatility

LGLV vs. EVF - Volatility Comparison

SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) has a higher volatility of 2.42% compared to Eaton Vance Senior Income Trust (EVF) at 1.35%. This indicates that LGLV's price experiences larger fluctuations and is considered to be riskier than EVF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGLV	EVF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.42%	1.35%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	6.52%	6.30%	+0.22%
Volatility (1Y) Calculated over the trailing 1-year period	9.20%	7.44%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.91%	12.45%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.06%	14.19%	+1.87%

Dividends

LGLV vs. EVF - Dividend Comparison

LGLV's dividend yield for the trailing twelve months is around 2.04%, less than EVF's 9.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVF Eaton Vance Senior Income Trust	9.33%	9.58%	10.13%	10.51%	9.45%	5.37%	6.16%	6.58%	6.27%	5.57%	6.06%	7.73%
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF	2.04%	1.94%	1.93%	2.03%	1.95%	1.65%	1.98%	1.89%	2.09%	4.39%	2.54%	2.97%

Frequently Asked Questions

Can I hold both LGLV and EVF in my portfolio?

LGLV and EVF have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGLV or EVF?

LGLV has higher volatility (2.42%) compared to EVF (1.35%). In terms of maximum drawdown, LGLV dropped -36.64% vs EVF's -62.41%.

Which has better risk-adjusted returns?

LGLV currently has the higher Sharpe Ratio (0.31 vs -0.53), 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.