EFT vs VVR: Correlation
Eaton Vance Floating Rate Income Trust (EFT) and Invesco Senior Income Trust (VVR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFT and VVR?
On 3 years of weekly data the EFT/VVR correlation comes out at 0.50, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.50 over 3. The 5-year figure is 0.51, and annualized covariance runs at 82.6 %².
Among the 14 assets we track against EFT, VVR sits near the bottom by co-movement, at rank #10. Neither side won the trailing year by much: -4.8% 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.
EFT vs VVR: side by side
| EFT (Eaton Vance Floating Rate Income Trust) | VVR (Invesco Senior Income Trust) | |
|---|---|---|
| 1-year return | -4.8% | -8.3% |
| 5-year return | +13.9% | +22.0% |
| Volatility (ann.) | 10.9% | 15.0% |
| Beta vs S&P 500 | 0.49 | 0.32 |
| Max drawdown (3Y) | -17.5% | -19.5% |
| Market cap | – | $0.4B |
| P/E (trailing) | 42.4 | 32.3 |
| Dividend yield | 9.41% | 15.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EFT | VVR |
|---|---|---|
| 2022 | -19.7% | -1.1% |
| 2023 | +27.1% | +20.9% |
| 2024 | +13.2% | +9.0% |
| 2025 | -3.8% | -6.2% |
| 2026 | -1.6% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFT and VVR good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EFT and VVR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.42 over the last year and 0.51 over 5 years.
Is VVR a good diversifier for EFT?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 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/eft-vs-vvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eft-vs-vvr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EFT correlations · VVR correlations
