EHI vs JHI: Correlation
Measured on weekly returns over the past three years, Western Asset Global High Income Fund Inc (EHI) and John Hancock Investors Trust (JHI) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EHI and JHI?
On 3 years of weekly data the EHI/JHI correlation comes out at 0.69, strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.69 over 3. The 5-year figure is 0.59, and annualized covariance runs at 73.5 %².
By 3-year correlation, JHI places #4 of the 15 assets tracked against EHI. Their 12-month results are close: -0.6% for EHI against +2.3% for JHI.
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.
EHI vs JHI: side by side
| EHI (Western Asset Global High Income Fund Inc) | JHI (John Hancock Investors Trust) | |
|---|---|---|
| 1-year return | -0.6% | +2.3% |
| 5-year return | -1.0% | +3.7% |
| Volatility (ann.) | 11.4% | 9.3% |
| Beta vs S&P 500 | 0.45 | 0.37 |
| Max drawdown (3Y) | -16.0% | -11.2% |
| Market cap | $0.2B | – |
| P/E (trailing) | 8.0 | 8.6 |
| Dividend yield | 14.66% | 9.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EHI | JHI |
|---|---|---|
| 2022 | -25.2% | -29.5% |
| 2023 | +19.2% | +10.6% |
| 2024 | +4.2% | +14.4% |
| 2025 | +9.1% | +9.1% |
| 2026 | -2.3% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EHI and JHI good diversifiers for each other?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EHI and JHI?
As of 2026-08-27, the correlation of weekly returns between EHI and JHI is 0.69 over 3 years, 0.78 over 1 year and 0.59 over 5 years.
Is JHI a good diversifier for EHI?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ehi-vs-jhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ehi-vs-jhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EHI correlations · JHI correlations
