EFX vs EVT: Correlation
Measured on weekly returns over the past three years, Equifax (EFX) and Eaton Vance Tax Advantaged Dividend Income Fund (EVT) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFX and EVT?
Over the past 3 years, EFX and EVT moved with a correlation of 0.57, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.57 over 3 years. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 291.1 %².
By 3-year correlation, EVT places #15 of the 53 assets tracked against EFX. The last year tells two different stories: EVT led by 50.6 percentage points, -21.8% for EFX against +28.8% for EVT. Note the risk asymmetry: EFX runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EFX vs EVT: side by side
| EFX (Equifax) | EVT (Eaton Vance Tax Advantaged Dividend Income Fund) | |
|---|---|---|
| 1-year return | -21.8% | +28.8% |
| 5-year return | -26.0% | +51.3% |
| Volatility (ann.) | 33.3% | 15.3% |
| Beta vs S&P 500 | 1.25 | 0.85 |
| Max drawdown (3Y) | -49.7% | -18.7% |
| Market cap | $22.4B | $2.2B |
| P/E (trailing) | 33.5 | 4.5 |
| Dividend yield | 1.11% | 6.80% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | EFX | EVT |
|---|---|---|
| 2022 | -33.1% | -17.3% |
| 2023 | +28.2% | +5.8% |
| 2024 | +3.7% | +17.4% |
| 2025 | -14.2% | +13.8% |
| 2026 | -11.7% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFX and EVT good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EFX and EVT?
As of 2026-08-27, the correlation of weekly returns between EFX and EVT is 0.57 over 3 years, 0.28 over 1 year and 0.58 over 5 years.
Is EVT a good diversifier for EFX?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 mean?
A reading of 0.57 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/efx-vs-evt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/efx-vs-evt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFX correlations · EVT correlations
