EFR vs VVR: Correlation
Measured on weekly returns over the past three years, Eaton Vance Senior Floating-Rate Fund (EFR) and Invesco Senior Income Trust (VVR) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFR and VVR?
Over the past 3 years, EFR and VVR moved with a correlation of 0.52, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.35 versus 0.52 over 3 years. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 82.9 %².
Among the 16 assets we track against EFR, VVR sits near the bottom by co-movement, at rank #12. On 12-month performance EFR holds a 6.0-point edge, -2.3% against -8.3%.
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.
EFR vs VVR: side by side
| EFR (Eaton Vance Senior Floating-Rate Fund) | VVR (Invesco Senior Income Trust) | |
|---|---|---|
| 1-year return | -2.3% | -8.3% |
| 5-year return | +16.8% | +22.0% |
| Volatility (ann.) | 10.7% | 15.0% |
| Beta vs S&P 500 | 0.45 | 0.32 |
| Max drawdown (3Y) | -18.3% | -19.5% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 20.6 | 32.3 |
| Dividend yield | 9.21% | 15.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EFR | VVR |
|---|---|---|
| 2022 | -18.8% | -1.1% |
| 2023 | +29.2% | +20.9% |
| 2024 | +11.3% | +9.0% |
| 2025 | -4.9% | -6.2% |
| 2026 | -0.4% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFR and VVR good diversifiers for each other?
To a limited degree. At 0.52 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 EFR and VVR?
As of 2026-08-27, the correlation of weekly returns between EFR and VVR is 0.52 over 3 years, 0.35 over 1 year and 0.51 over 5 years.
Is VVR a good diversifier for EFR?
To a limited degree. At 0.52 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 0.52 mean?
A reading of 0.52 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/efr-vs-vvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/efr-vs-vvr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EFR correlations · VVR correlations
