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WFHY vs. EIFAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WFHY and EIFAX is 0.29, 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.


-0.50.00.51.00.3

Performance

WFHY vs. EIFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) and Eaton Vance Floating-Rate Advantage Fund (EIFAX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
1.23%
4.06%
WFHY
EIFAX

Key characteristics

Sharpe Ratio

WFHY:

0.33

EIFAX:

3.35

Sortino Ratio

WFHY:

0.56

EIFAX:

10.17

Omega Ratio

WFHY:

1.12

EIFAX:

3.11

Calmar Ratio

WFHY:

0.50

EIFAX:

11.75

Martin Ratio

WFHY:

1.05

EIFAX:

54.61

Ulcer Index

WFHY:

3.21%

EIFAX:

0.17%

Daily Std Dev

WFHY:

10.27%

EIFAX:

2.80%

Max Drawdown

WFHY:

-22.74%

EIFAX:

-38.15%

Current Drawdown

WFHY:

-6.01%

EIFAX:

0.00%

Returns By Period

In the year-to-date period, WFHY achieves a 2.74% return, which is significantly lower than EIFAX's 7.75% return.


WFHY

YTD

2.74%

1M

-0.41%

6M

1.11%

1Y

3.03%

5Y*

1.99%

10Y*

N/A

EIFAX

YTD

7.75%

1M

0.30%

6M

4.07%

1Y

9.40%

5Y*

5.31%

10Y*

5.20%

Compare stocks, funds, or ETFs

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


WFHY vs. EIFAX - Expense Ratio Comparison

WFHY has a 0.38% expense ratio, which is lower than EIFAX's 0.47% expense ratio.


EIFAX
Eaton Vance Floating-Rate Advantage Fund
Expense ratio chart for EIFAX: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for WFHY: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

WFHY vs. EIFAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) 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.


Sharpe ratio
The chart of Sharpe ratio for WFHY, currently valued at 0.33, compared to the broader market0.002.004.000.333.35
The chart of Sortino ratio for WFHY, currently valued at 0.56, compared to the broader market-2.000.002.004.006.008.0010.000.5610.17
The chart of Omega ratio for WFHY, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.123.11
The chart of Calmar ratio for WFHY, currently valued at 0.50, compared to the broader market0.005.0010.0015.000.5011.75
The chart of Martin ratio for WFHY, currently valued at 1.05, compared to the broader market0.0020.0040.0060.0080.00100.001.0554.61
WFHY
EIFAX

The current WFHY Sharpe Ratio is 0.33, which is lower than the EIFAX Sharpe Ratio of 3.35. The chart below compares the historical Sharpe Ratios of WFHY and EIFAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.33
3.35
WFHY
EIFAX

Dividends

WFHY vs. EIFAX - Dividend Comparison

WFHY's dividend yield for the trailing twelve months is around 6.36%, less than EIFAX's 8.63% yield.


TTM20232022202120202019201820172016201520142013
WFHY
WisdomTree U.S. High Yield Corporate Bond Fund
6.36%6.11%5.44%4.09%4.79%5.21%5.93%6.47%4.39%0.00%0.00%0.00%
EIFAX
Eaton Vance Floating-Rate Advantage Fund
8.63%9.33%5.92%4.03%4.52%5.58%5.10%4.46%5.03%5.29%4.79%4.82%

Drawdowns

WFHY vs. EIFAX - Drawdown Comparison

The maximum WFHY drawdown since its inception was -22.74%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for WFHY and EIFAX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.01%
0
WFHY
EIFAX

Volatility

WFHY vs. EIFAX - Volatility Comparison

WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) has a higher volatility of 1.45% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.22%. This indicates that WFHY'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.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.45%
0.22%
WFHY
EIFAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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