TOLZ vs. EVLN
TOLZ (ProShares DJ Brookfield Global Infrastructure ETF) and EVLN (Eaton Vance Floating-Rate ETF) are both exchange-traded funds - TOLZ is a Industrials Equities fund tracking the Dow Jones Brookfield Global Infrastructure Composite Index, while EVLN is a Bank Loan fund actively managed by Eaton Vance. TOLZ is passively managed, while EVLN is actively managed. Over the past year, TOLZ returned 13.97% vs 4.86% for EVLN. At a 0.09 correlation, their price movements are largely independent. TOLZ charges 0.46%/yr vs 0.60%/yr for EVLN.
Performance
TOLZ vs. EVLN - Performance Comparison
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Returns By Period
In the year-to-date period, TOLZ achieves a 11.31% return, which is significantly higher than EVLN's 1.37% return.
TOLZ
- 1D
- -0.10%
- 1M
- -1.82%
- YTD
- 11.31%
- 6M
- 11.51%
- 1Y
- 13.97%
- 3Y*
- 14.17%
- 5Y*
- 8.46%
- 10Y*
- 7.75%
EVLN
- 1D
- -0.04%
- 1M
- 0.66%
- YTD
- 1.37%
- 6M
- 1.73%
- 1Y
- 4.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOLZ vs. EVLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 11.31% | 14.76% | 16.85% |
EVLN Eaton Vance Floating-Rate ETF | 1.37% | 5.59% | 7.29% |
Correlation
The correlation between TOLZ and EVLN is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 9, 2024 | 0.09 |
The correlation between TOLZ and EVLN shifts across timeframes, from -0.11 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TOLZ vs. EVLN — Risk / Return Rank
TOLZ
EVLN
TOLZ vs. EVLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) and Eaton Vance Floating-Rate ETF (EVLN). 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.
| TOLZ | EVLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.55 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 2.76 | -0.05 |
| Martin ratioReturn relative to average drawdown | 8.20 | 9.01 | -0.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TOLZ | EVLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 2.61 | -1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 2.55 | -2.14 |
Drawdowns
TOLZ vs. EVLN - Drawdown Comparison
The maximum TOLZ drawdown since its inception was -39.33%, which is greater than EVLN's maximum drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for TOLZ and EVLN.
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Drawdown Indicators
| TOLZ | EVLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.33% | -2.78% | -36.55% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -1.77% | -3.41% |
Max Drawdown (3Y)Largest decline over 3 years | -11.94% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.33% | — | — |
Current DrawdownCurrent decline from peak | -3.13% | -0.04% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -0.22% | -6.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 0.54% | +1.17% |
Volatility
TOLZ vs. EVLN - Volatility Comparison
ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) has a higher volatility of 3.37% compared to Eaton Vance Floating-Rate ETF (EVLN) at 0.46%. This indicates that TOLZ's price experiences larger fluctuations and is considered to be riskier than EVLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TOLZ | EVLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.37% | 0.46% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 1.62% | +6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.29% | 1.89% | +8.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.99% | 2.43% | +11.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 2.43% | +13.86% |
TOLZ vs. EVLN - Expense Ratio Comparison
TOLZ has a 0.46% expense ratio, which is lower than EVLN's 0.60% expense ratio.
Dividends
TOLZ vs. EVLN - Dividend Comparison
TOLZ's dividend yield for the trailing twelve months is around 3.66%, less than EVLN's 6.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVLN Eaton Vance Floating-Rate ETF | 6.92% | 7.28% | 6.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 3.66% | 3.99% | 3.53% | 3.34% | 3.01% | 3.28% | 3.16% | 2.96% | 3.63% | 3.30% | 2.62% | 3.67% |
Frequently Asked Questions
TOLZ and EVLN have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TOLZ has higher volatility (3.37%) compared to EVLN (0.46%). In terms of maximum drawdown, TOLZ dropped -39.33% vs EVLN's -2.78%.
On 1-year performance, TOLZ leads with 13.97% vs 4.86% for EVLN. On fees, TOLZ is cheaper at 0.46% per year. On volatility, EVLN has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TOLZ has performed better with a 13.97% return vs 4.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TOLZ is cheaper with a 0.46% expense ratio, compared with 0.60% for EVLN.
EVLN has the higher dividend yield at 6.92%, compared with 3.66% for TOLZ.
TOLZ is categorized as Industrials Equities, while EVLN is Bank Loan. They also come from different issuers: ProShares and Eaton Vance. Their fees differ too: 0.46% for TOLZ and 0.60% for EVLN.
EVLN currently has the higher Sharpe Ratio (2.61 vs 1.36), 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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