PairBook
HomeEVV › EVV vs MIN

EVV vs MIN: Correlation

Measured on weekly returns over the past three years, Eaton Vance Limited Duration Income Fund (EVV) and Aberdeen Intermediate Income Fund (MIN) carry a correlation of 0.55, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
45.9
%² · weekly, annualized

How correlated are EVV and MIN?

Over the past 3 years, EVV and MIN moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 45.9 %².

Within EVV's tracked universe of 23 assets, MIN comes in at #16 by 3-year correlation. Twelve-month performance is nearly a tie, at -3.5% for EVV and -0.2% for MIN.

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.

EVV vs MIN: side by side

EVV (Eaton Vance Limited Duration Income Fund)MIN (Aberdeen Intermediate Income Fund)
1-year return-3.5%-0.2%
5-year return+11.4%+4.5%
Volatility (ann.)10.2%8.2%
Beta vs S&P 5000.410.15
Max drawdown (3Y)-9.5%-7.1%
Market cap
P/E (trailing)14.724.5
Dividend yield9.65%9.43%
Sector / categoryUS ListedUS Listed
Lower P/E: EVV 14.7 vs 24.5Higher yield: EVV 9.65% vs 9.43%Smaller drawdown: MIN -7.1% vs -9.5%Higher 5y return: EVV +11.4% vs +4.5%
-8%0%+1%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. EVV · MIN

Year-by-year returns

YearEVVMIN
2022-19.9%-15.7%
2023+13.3%+6.3%
2024+12.2%+8.6%
2025+10.7%+7.2%
2026-2.5%-0.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are EVV and MIN good diversifiers for each other?

Only partially. A correlation of 0.55 means EVV and MIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between EVV and MIN?

The EVV/MIN correlation stands at 0.55 on a 3-year window (1 year: 0.55, 5 years: 0.45), computed from weekly returns as of 2026-08-27.

Is MIN a good diversifier for EVV?

Only partially. A correlation of 0.55 means EVV and MIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.55 mean?

A reading of 0.55 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/evv-vs-min.json

EVV vs MIN: 3-year weekly correlation 0.55EVV vs MIN0.55

Drop this badge in a README or notebook; it updates with the data:

[![EVV vs MIN correlation](https://www.pairbook.io/api/v1/badge/evv-vs-min.svg)](https://www.pairbook.io/pair/evv-vs-min/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: EVV correlations · MIN correlations