EVT vs LTH: Correlation
How closely do Eaton Vance Tax Advantaged Dividend Income Fund (EVT) and Life Time Group Holdings, Inc. (LTH) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVT and LTH?
Over the past 3 years, EVT and LTH moved with a correlation of 0.45, which is moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.45). Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 262.4 %².
Among the 52 assets we track against EVT, LTH ranks #44 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LTH ahead by 29.9 points (+28.8% versus +58.7%). Risk is not evenly split, since LTH carries 2.5 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.
EVT vs LTH: side by side
| EVT (Eaton Vance Tax Advantaged Dividend Income Fund) | LTH (Life Time Group Holdings, Inc.) | |
|---|---|---|
| 1-year return | +28.8% | +58.7% |
| 5-year return | +51.3% | +149.9% |
| Volatility (ann.) | 15.3% | 38.2% |
| Beta vs S&P 500 | 0.85 | 1.07 |
| Max drawdown (3Y) | -18.7% | -34.5% |
| Market cap | $2.2B | $9.9B |
| P/E (trailing) | 4.5 | 24.5 |
| Dividend yield | 6.80% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVT | LTH |
|---|---|---|
| 2022 | -17.3% | -30.5% |
| 2023 | +5.8% | +26.1% |
| 2024 | +17.4% | +46.7% |
| 2025 | +13.8% | +20.2% |
| 2026 | +20.8% | +66.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVT and LTH good diversifiers for each other?
Reasonably. At 0.45, EVT and LTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EVT and LTH?
As of 2026-08-27, the correlation of weekly returns between EVT and LTH is 0.45 over 3 years, 0.30 over 1 year and 0.49 over 5 years.
Is LTH a good diversifier for EVT?
Reasonably. At 0.45, EVT and LTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: EVT correlations · LTH correlations
