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BlackRock Flexible Income ETF (BINC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

092528603

Issuer

Blackrock

Inception Date

Sep 19, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
BINC vs. JEPI BINC vs. JAAA BINC vs. BND BINC vs. SCHD BINC vs. AGG BINC vs. VWIAX BINC vs. JPIE BINC vs. SPY BINC vs. BNDW BINC vs. SCHG
Popular comparisons:
BINC vs. JEPI BINC vs. JAAA BINC vs. BND BINC vs. SCHD BINC vs. AGG BINC vs. VWIAX BINC vs. JPIE BINC vs. SPY BINC vs. BNDW BINC vs. SCHG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock Flexible Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.95%
12.14%
BINC (BlackRock Flexible Income ETF)
Benchmark (^GSPC)

Returns By Period

BlackRock Flexible Income ETF had a return of 5.30% year-to-date (YTD) and 9.32% in the last 12 months.


BINC

YTD

5.30%

1M

0.04%

6M

4.05%

1Y

9.32%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of BINC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.44%-0.40%0.92%-0.85%1.22%0.49%1.77%1.11%1.12%-0.88%5.30%
20230.00%0.71%1.06%0.13%-0.61%-0.10%2.70%3.04%7.08%

Expense Ratio

BINC features an expense ratio of 0.40%, falling within the medium range.


Expense ratio chart for BINC: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BINC is 95, placing it in the top 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BINC is 9595
Combined Rank
The Sharpe Ratio Rank of BINC is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of BINC is 9696
Sortino Ratio Rank
The Omega Ratio Rank of BINC is 9595
Omega Ratio Rank
The Calmar Ratio Rank of BINC is 9797
Calmar Ratio Rank
The Martin Ratio Rank of BINC is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Flexible Income ETF (BINC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for BINC, currently valued at 3.11, compared to the broader market0.002.004.003.112.54
The chart of Sortino ratio for BINC, currently valued at 4.92, compared to the broader market-2.000.002.004.006.008.0010.004.923.40
The chart of Omega ratio for BINC, currently valued at 1.67, compared to the broader market0.501.001.502.002.503.001.671.47
The chart of Calmar ratio for BINC, currently valued at 7.28, compared to the broader market0.005.0010.0015.007.283.66
The chart of Martin ratio for BINC, currently valued at 21.50, compared to the broader market0.0020.0040.0060.0080.00100.0021.5016.26
BINC
^GSPC

The current BlackRock Flexible Income ETF Sharpe ratio is 3.11. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BlackRock Flexible Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.11
2.54
BINC (BlackRock Flexible Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock Flexible Income ETF provided a 5.53% dividend yield over the last twelve months, with an annual payout of $2.91 per share.


3.13%$0.00$0.50$1.00$1.502023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$2.91$1.64

Dividend yield

5.53%3.13%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Flexible Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.07$0.24$0.20$0.24$0.25$0.25$0.26$0.25$0.36$0.24$2.37
2023$0.25$0.20$0.17$0.24$0.23$0.54$1.64

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.66%
-0.88%
BINC (BlackRock Flexible Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Flexible Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Flexible Income ETF was 1.95%, occurring on Oct 19, 2023. Recovery took 11 trading sessions.

The current BlackRock Flexible Income ETF drawdown is 0.66%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-1.95%Sep 15, 202325Oct 19, 202311Nov 3, 202336
-1.27%Feb 2, 20248Feb 13, 202417Mar 8, 202425
-1.25%Apr 1, 202412Apr 16, 202414May 6, 202426
-1.02%Oct 2, 202423Nov 1, 2024
-0.95%Aug 1, 202315Aug 21, 20237Aug 30, 202322

Volatility

Volatility Chart

The current BlackRock Flexible Income ETF volatility is 0.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.58%
3.96%
BINC (BlackRock Flexible Income ETF)
Benchmark (^GSPC)