EDF vs JHI: Correlation
Measured on weekly returns over the past three years, Virtus Stone Harbor Emerging Markets Income Fund (EDF) and John Hancock Investors Trust (JHI) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDF and JHI?
Over the past 3 years, EDF and JHI moved with a correlation of 0.60, which is strong. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 114.9 %².
In EDF's tracked universe of 11 assets, JHI sits right near the top at #1. Over the last 12 months EDF came out ahead by 13.1 percentage points (+15.4% against +2.3%). Risk is not evenly split, since EDF carries 2.2 times the volatility of the other side.
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.
EDF vs JHI: side by side
| EDF (Virtus Stone Harbor Emerging Markets Income Fund) | JHI (John Hancock Investors Trust) | |
|---|---|---|
| 1-year return | +15.4% | +2.3% |
| 5-year return | +26.6% | +3.7% |
| Volatility (ann.) | 20.9% | 9.3% |
| Beta vs S&P 500 | 0.52 | 0.37 |
| Max drawdown (3Y) | -23.4% | -11.2% |
| Market cap | $0.2B | – |
| P/E (trailing) | 4.6 | 8.6 |
| Dividend yield | 0.00% | 9.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EDF | JHI |
|---|---|---|
| 2022 | -28.0% | -29.5% |
| 2023 | +21.6% | +10.6% |
| 2024 | +25.5% | +14.4% |
| 2025 | +22.2% | +9.1% |
| 2026 | +14.5% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDF and JHI good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EDF and JHI?
As of 2026-08-27, the correlation of weekly returns between EDF and JHI is 0.60 over 3 years, 0.59 over 1 year and 0.57 over 5 years.
Is JHI a good diversifier for EDF?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/edf-vs-jhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/edf-vs-jhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EDF correlations · JHI correlations
