EVF vs FPH: Correlation
How closely do Eaton Vance Senior Income Trust (EVF) and Five Point Holdings, LLC Class A (FPH) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVF and FPH?
On 3 years of weekly data the EVF/FPH correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.42 over 3. The 5-year figure is 0.40, and annualized covariance runs at 190.6 %².
Out of 14 assets tracked against EVF, FPH lands near the bottom at #10. The trailing year gives EVF the advantage: -3.0% versus -9.3%, a 6.3-point spread. Risk is not evenly split, since FPH carries 4.3 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.
EVF vs FPH: side by side
| EVF (Eaton Vance Senior Income Trust) | FPH (Five Point Holdings, LLC Class A) | |
|---|---|---|
| 1-year return | -3.0% | -9.3% |
| 5-year return | +15.0% | -37.3% |
| Volatility (ann.) | 10.2% | 44.0% |
| Beta vs S&P 500 | 0.41 | 0.83 |
| Max drawdown (3Y) | -16.9% | -33.4% |
| Market cap | $0.1B | $0.8B |
| P/E (trailing) | 24.7 | 7.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVF | FPH |
|---|---|---|
| 2022 | -14.8% | -64.4% |
| 2023 | +34.5% | +31.8% |
| 2024 | +7.3% | +23.1% |
| 2025 | -6.1% | +47.9% |
| 2026 | -0.8% | -8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVF and FPH good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EVF and FPH?
The EVF/FPH correlation stands at 0.42 on a 3-year window (1 year: 0.46, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is FPH a good diversifier for EVF?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
A reading of 0.42 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
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Related comparisons
Hubs: EVF correlations · FPH correlations
