CRF vs EOS: Correlation
How closely do Cornerstone Total Return Fund, Inc. (The) (CRF) and Eaton Vance Enhance Equity Income Fund II (EOS) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRF and EOS?
On 3 years of weekly data the CRF/EOS correlation comes out at 0.67, strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.67 over 3. The 5-year figure is 0.58, and annualized covariance runs at 275.6 %².
Few assets follow CRF as closely as EOS, which ranks #2 of 12 tracked partners. Twelve-month performance is nearly a tie, at -1.7% for CRF and -1.9% for EOS.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CRF vs EOS: side by side
| CRF (Cornerstone Total Return Fund, Inc. (The)) | EOS (Eaton Vance Enhance Equity Income Fund II) | |
|---|---|---|
| 1-year return | -1.7% | -1.9% |
| 5-year return | +29.2% | +30.9% |
| Volatility (ann.) | 21.5% | 19.2% |
| Beta vs S&P 500 | 0.91 | 1.17 |
| Max drawdown (3Y) | -29.6% | -24.3% |
| Market cap | $1.1B | $1.2B |
| P/E (trailing) | 6.3 | 7.2 |
| Dividend yield | 21.80% | 8.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRF | EOS |
|---|---|---|
| 2022 | -36.7% | -26.5% |
| 2023 | +19.4% | +22.6% |
| 2024 | +44.5% | +38.7% |
| 2025 | +12.5% | +5.8% |
| 2026 | -9.2% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRF and EOS good diversifiers for each other?
Only partially. A correlation of 0.67 means CRF and EOS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CRF and EOS?
The CRF/EOS correlation stands at 0.67 on a 3-year window (1 year: 0.63, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is EOS a good diversifier for CRF?
Only partially. A correlation of 0.67 means CRF and EOS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
A reading of 0.67 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crf-vs-eos.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crf-vs-eos/)
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Related comparisons
Hubs: CRF correlations · EOS correlations
