EFT vs NCZ

Comparison between Eaton Vance Floating-Rate Income Trust (EFT, ETF) and Virtus Convertible & Income Fund II (NCZ, ETF).

5-Year PerformanceNCZ has outperformed EFT, delivering a return of +5.9% compared to +3.4%

EFT vs NCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EFT(ETF)	NCZ(ETF)
Net Assets	$321M	$321M
Max Drawdown	66.40%	85.64%
Sharpe Ratio	-0.85	1.85
5Y Beta	0.41	0.80
5Y Dividends CAGR	8.43%	-1.12%

Net Assets

Winner

EFT

$321M

NCZ

$321M

Max Drawdown

Winner

EFT

66.40%

NCZ

85.64%

Sharpe Ratio

EFT

-0.85

Winner

NCZ

1.85

5Y Beta

Winner

EFT

0.41

NCZ

0.80

5Y Dividends CAGR

Winner

EFT

8.43%

NCZ

-1.12%

EFT vs NCZ - Historical Returns

Returns include dividend reinvestment.

Period	EFT	NCZ
1 month	-1.20%	+0.30%
3 months	+0.02%	+9.83%
6 months	-2.20%	+14.78%
1 year	-4.58%	+38.62%
5 years(CAGR)	+3.40%	+5.92%
10 years(CAGR)	+5.31%	+8.61%
Max(CAGR)	+4.59%	+6.00%

EFT

-1.20%

Winner

NCZ

+0.30%

EFT

+0.02%

Winner

NCZ

+9.83%

EFT

-2.20%

Winner

NCZ

+14.78%

EFT

-4.58%

Winner

NCZ

+38.62%

5Y(CAGR)

EFT

+3.40%

Winner

NCZ

+5.92%

10Y(CAGR)

EFT

+5.31%

Winner

NCZ

+8.61%

Max(CAGR)

EFT

+4.59%

Winner

NCZ

+6.00%

EFT vs NCZ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	EFT	NCZ
2026	-1.64%	+14.62%
2025	-4.98%	+23.56%
2024	+10.09%	+19.58%
2023	+25.67%	+16.86%
2022	-19.37%	-35.66%
2021	+21.84%	+10.11%
2020	+2.02%	+11.35%
2019	+15.47%	+22.29%
2018	-6.38%	-18.47%
2017	+1.03%	+23.36%
2016	+26.83%	+29.64%
2015	-3.08%	-34.67%
2014	-3.45%	+10.11%
2013	-6.56%	+24.09%
2012	+25.50%	+9.02%
2011	-5.17%	-6.63%
2010	+19.50%	+25.37%
2009	+82.60%	+111.32%
2008	-44.31%	-61.60%
2007	-8.04%	-12.60%
2006	+17.88%	+22.86%
2005	-5.07%	+0.13%
2004	-2.51%	+12.68%
2003	N/A	+6.87%

EFT vs NCZ Drawdown Comparison

The maximum drawdown for EFT was -60.58%, occurring on Dec 15, 2008. Recovery took 675 trading sessions.

The maximum drawdown for NCZ was -79.41%, occurring on Nov 21, 2008. Recovery took 926 trading sessions.

The current EFT drawdown is -11.04%. The current NCZ drawdown is -3.77%.

Rank	EFT	NCZ
#1	-60.58% Jun 25, 2007 - Mar 1, 2010	-79.41% Jun 4, 2007 - Feb 3, 2011
#2	-45.43% Jan 22, 2020 - Dec 3, 2020	-56.04% Feb 19, 2020 - Dec 4, 2020
#3	-24.97% Jan 12, 2022 - Dec 15, 2023	-50.80% Jul 3, 2014 - Jun 8, 2018
#4	-23.47% May 23, 2013 - Nov 11, 2016	-43.93% Nov 8, 2021 - Sep 10, 2025
#5	-20.16% Feb 24, 2011 - Mar 21, 2012	-30.38% Sep 14, 2018 - Feb 18, 2020
#6	-17.49% Jan 24, 2025 - Apr 7, 2025	-26.78% Jun 3, 2011 - Sep 12, 2012
#7	-15.52% Apr 12, 2018 - Dec 16, 2019	-17.42% Apr 2, 2004 - Sep 13, 2004
#8	-13.57% Mar 25, 2010 - Oct 21, 2010	-13.07% Oct 8, 2012 - Jan 25, 2013
#9	-10.39% Mar 4, 2005 - Mar 16, 2006	-11.95% Feb 13, 2026 - Apr 9, 2026
#10	-9.92% Mar 27, 2012 - Aug 20, 2012	-11.62% Dec 28, 2004 - Jul 14, 2005
#11	-7.83% Oct 25, 2012 - Dec 19, 2012	-8.85% Feb 12, 2021 - Jun 11, 2021
#12	-6.75% Jul 27, 2017 - Mar 14, 2018	-8.61% May 20, 2013 - Oct 11, 2013
#13	-5.95% Oct 4, 2012 - Oct 25, 2012	-7.41% Sep 6, 2005 - Jan 10, 2006
#14	-5.70% Jul 23, 2024 - Nov 7, 2024	-6.84% Mar 9, 2011 - May 27, 2011
#15	-5.63% Sep 10, 2021 - Jan 10, 2022	-6.39% Nov 3, 2025 - Dec 24, 2025

Correlation

Correlation between EFT and NCZ is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2003 - 2026)

EFT vs NCZ dividend yield comparison.

Year	EFT	NCZ
2026	2.78%	3.91%
2025	9.55%	10.45%
2024	10.52%	11.50%
2023	11.09%	12.84%
2022	9.81%	15.62%
2021	5.24%	8.82%
2020	5.88%	9.28%
2019	7.41%	11.28%
2018	6.77%	15.33%
2017	5.73%	13.80%
2016	5.54%	12.08%
2015	6.57%	18.02%
2014	5.82%	11.45%
2013	6.62%	11.36%
2012	5.62%	12.86%
2011	7.17%	12.96%
2010	5.85%	12.38%
2009	6.02%	12.41%
2008	15.12%	27.60%
2007	9.97%	12.97%
2006	8.47%	10.52%
2005	7.46%	12.68%
2004	2.45%	9.87%
2003	0.00%	3.76%