NCZ vs EFT

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

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

NCZ vs EFT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

NCZ

$321M

Winner

EFT

$321M

Max Drawdown

NCZ

85.64%

Winner

EFT

66.40%

Sharpe Ratio

Winner

NCZ

1.85

EFT

-0.85

5Y Beta

NCZ

0.80

Winner

EFT

0.41

5Y Dividends CAGR

NCZ

-1.12%

Winner

EFT

8.43%

NCZ vs EFT - Historical Returns

Returns include dividend reinvestment.

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

Winner

NCZ

+0.30%

EFT

-1.20%

Winner

NCZ

+9.83%

EFT

+0.02%

Winner

NCZ

+14.78%

EFT

-2.20%

Winner

NCZ

+38.62%

EFT

-4.58%

5Y(CAGR)

Winner

NCZ

+5.92%

EFT

+3.40%

10Y(CAGR)

Winner

NCZ

+8.61%

EFT

+5.31%

Max(CAGR)

Winner

NCZ

+6.00%

EFT

+4.59%

NCZ vs EFT - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

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

NCZ vs EFT Drawdown Comparison

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

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

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

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

Correlation

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

0.89

-101

Dividend Comparison (2003 - 2026)

NCZ vs EFT dividend yield comparison.

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