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QUAL vs. EFT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QUAL vs. EFT

Last updated Jun 25, 2026

QUAL (iShares MSCI USA Quality Factor ETF) is Large Cap Blend Equities fund tracking the MSCI USA Sector Neutral Quality Index, while EFT (Eaton Vance Floating-Rate Income Trust) is a stock. Over the past 10 years, QUAL returned 14.48%/yr vs 5.56%/yr for EFT. At a 0.32 correlation, their price movements are largely independent.

Performance

QUAL vs. EFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Quality Factor ETF (QUAL) and Eaton Vance Floating-Rate Income Trust (EFT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QUAL achieves a 7.76% return, which is significantly higher than EFT's -2.09% return. Over the past 10 years, QUAL has outperformed EFT with an annualized return of 14.48%, while EFT has yielded a comparatively lower 5.56% annualized return.

QUAL

1D
0.08%
1M
-0.38%
YTD
7.76%
6M
6.49%
1Y
19.82%
3Y*
18.56%
5Y*
11.33%
10Y*
14.48%

EFT

1D
0.19%
1M
-1.13%
YTD
-2.09%
6M
-1.52%
1Y
-4.12%
3Y*
7.98%
5Y*
3.47%
10Y*
5.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QUAL vs. EFT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QUAL
iShares MSCI USA Quality Factor ETF		7.76%12.65%22.29%30.88%-20.50%26.94%17.04%33.89%-5.70%22.26%
EFT
Eaton Vance Floating-Rate Income Trust		-2.09%-3.77%13.17%27.14%-19.69%21.00%2.41%16.85%-6.14%1.63%

Correlation

The correlation between QUAL and EFT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (10Y)
Calculated over the trailing 10-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Jul 18, 2013

0.32

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI USA Quality Factor ETF

Eaton Vance Floating-Rate Income Trust

Often compared with QUAL:
QUAL vs. SPHQQUAL vs. SPYQUAL vs. MTUMQUAL vs. USMVQUAL vs. VOOQUAL vs. IVVQUAL vs. SCHD
Often compared with EFT:
EFT vs. EFREFT vs. BKLNEFT vs. BGTEFT vs. PHYSXEFT vs. CVGRXEFT vs. RQIEFT vs. SPY

Return for Risk

QUAL vs. EFT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QUAL
QUAL Risk / Return Rank: 5454
Overall Rank
QUAL Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
QUAL Sortino Ratio Rank: 5454
Sortino Ratio Rank
QUAL Omega Ratio Rank: 5151
Omega Ratio Rank
QUAL Calmar Ratio Rank: 4949
Calmar Ratio Rank
QUAL Martin Ratio Rank: 6161
Martin Ratio Rank
EFT
EFT Risk / Return Rank: 2525
Overall Rank
EFT Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
EFT Sortino Ratio Rank: 1919
Sortino Ratio Rank
EFT Omega Ratio Rank: 1919
Omega Ratio Rank
EFT Calmar Ratio Rank: 3232
Calmar Ratio Rank
EFT Martin Ratio Rank: 3232
Martin Ratio Rank
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.

QUAL vs. EFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Quality Factor ETF (QUAL) and Eaton Vance Floating-Rate Income Trust (EFT). 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.

QUALEFTDifference
Sharpe ratioReturn per unit of total volatility
1.65
-0.44

+2.10

Sortino ratioReturn per unit of downside risk
2.35
-0.58

+2.92

Omega ratioGain probability vs. loss probability

1.29

0.93

+0.37

Calmar ratioReturn relative to maximum drawdown

2.20

-0.32

+2.52

Martin ratioReturn relative to average drawdown

9.97

-0.62

+10.59

QUAL vs. EFT - Sharpe Ratio Comparison

The current QUAL Sharpe Ratio is 1.65, which is higher than the EFT Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of QUAL and EFT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

QUAL vs. EFT - Drawdown Comparison

The maximum QUAL drawdown since its inception was -34.06%, smaller than the maximum EFT drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for QUAL and EFT.

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Drawdown Indicators

QUALEFTDifference

Max Drawdown

Largest peak-to-trough decline

-34.06%

-60.58%

+26.52%

Max Drawdown (1Y)

Largest decline over 1 year

-9.03%

-13.02%

+3.99%

Max Drawdown (3Y)

Largest decline over 3 years

-18.00%

-17.49%

-0.51%

Max Drawdown (5Y)

Largest decline over 5 years

-28.23%

-24.98%

-3.25%

Max Drawdown (10Y)

Largest decline over 10 years

-34.06%

-45.51%

+11.45%

Current Drawdown

Current decline from peak

-2.74%

-10.79%

+8.05%

Average Drawdown

Average peak-to-trough decline

-4.09%

-8.82%

+4.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

6.70%

-4.71%

Volatility

QUAL vs. EFT - Volatility Comparison

iShares MSCI USA Quality Factor ETF (QUAL) has a higher volatility of 4.02% compared to Eaton Vance Floating-Rate Income Trust (EFT) at 1.16%. This indicates that QUAL's price experiences larger fluctuations and is considered to be riskier than EFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QUALEFTDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.02%

1.16%

+2.86%

Volatility (6M)

Calculated over the trailing 6-month period

9.62%

7.49%

+2.13%

Volatility (1Y)

Calculated over the trailing 1-year period

12.10%

9.31%

+2.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.38%

12.75%

+4.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.10%

15.75%

+2.35%

Dividends

QUAL vs. EFT - Dividend Comparison

QUAL's dividend yield for the trailing twelve months is around 0.88%, less than EFT's 9.10% yield.

PositionTTM20252024202320222021202020192018201720162015
EFT
Eaton Vance Floating-Rate Income Trust		9.10%9.55%10.52%11.09%9.81%5.24%5.88%7.41%6.77%5.73%5.54%6.57%
QUAL
iShares MSCI USA Quality Factor ETF		0.88%0.94%1.02%1.23%1.59%1.20%1.39%1.60%2.00%1.76%1.96%1.63%

Frequently Asked Questions

QUAL and EFT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QUAL has higher volatility (4.02%) compared to EFT (1.16%). In terms of maximum drawdown, QUAL dropped -34.06% vs EFT's -60.58%.

QUAL currently has the higher Sharpe Ratio (1.65 vs -0.44), 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.

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