BATAX vs. GILHX
BATAX (BlackRock Allocation Target Shares Series A Portfolio) and GILHX (Guggenheim Limited Duration Fund) are both Short-Term Bond funds. Over the past 10 years, BATAX returned 3.61%/yr vs 3.05%/yr for GILHX. A 0.68 correlation means they provide meaningful diversification when combined. BATAX charges 0.00%/yr vs 0.49%/yr for GILHX.
Performance
BATAX vs. GILHX - Performance Comparison
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Returns By Period
In the year-to-date period, BATAX achieves a 1.87% return, which is significantly higher than GILHX's 0.69% return. Over the past 10 years, BATAX has outperformed GILHX with an annualized return of 3.61%, while GILHX has yielded a comparatively lower 3.05% annualized return.
BATAX
- 1D
- 0.00%
- 1M
- 0.56%
- YTD
- 1.87%
- 6M
- 2.42%
- 1Y
- 6.01%
- 3Y*
- 6.66%
- 5Y*
- 3.37%
- 10Y*
- 3.61%
GILHX
- 1D
- -0.12%
- 1M
- 0.27%
- YTD
- 0.69%
- 6M
- 1.22%
- 1Y
- 4.14%
- 3Y*
- 5.77%
- 5Y*
- 2.94%
- 10Y*
- 3.05%
BATAX vs. GILHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BATAX BlackRock Allocation Target Shares Series A Portfolio | 1.87% | 7.37% | 7.34% | 6.43% | -5.87% | 1.72% | 2.75% | 6.76% | 2.20% | 5.21% |
GILHX Guggenheim Limited Duration Fund | 0.69% | 6.02% | 6.00% | 7.28% | -4.90% | 0.00% | 6.51% | 2.21% | 1.66% | 2.91% |
Correlation
The correlation between BATAX and GILHX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.68 |
The correlation between BATAX and GILHX shifts across timeframes, from 0.68 (all time) to 0.79 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BATAX vs. GILHX — Risk / Return Rank
BATAX
GILHX
BATAX vs. GILHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series A Portfolio (BATAX) and Guggenheim Limited Duration Fund (GILHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BATAX | GILHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 2.12 | 1.56 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 6.57 | 3.80 | +2.77 |
| Martin ratioReturn relative to average drawdown | 27.52 | 16.62 | +10.90 |
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Drawdowns
BATAX vs. GILHX - Drawdown Comparison
The maximum BATAX drawdown since its inception was -17.42%, which is greater than GILHX's maximum drawdown of -8.10%. Use the drawdown chart below to compare losses from any high point for BATAX and GILHX.
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Drawdown Indicators
| BATAX | GILHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.42% | -8.10% | -9.32% |
Max Drawdown (1Y)Largest decline over 1 year | -0.94% | -1.13% | +0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -1.15% | -1.13% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -8.12% | -8.10% | -0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -17.42% | -8.10% | -9.32% |
Current DrawdownCurrent decline from peak | -0.10% | -0.37% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -0.70% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | 0.26% | -0.04% |
Volatility
BATAX vs. GILHX - Volatility Comparison
BlackRock Allocation Target Shares Series A Portfolio (BATAX) and Guggenheim Limited Duration Fund (GILHX) have volatilities of 0.66% and 0.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BATAX | GILHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 0.63% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.45% | 1.38% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.05% | 1.89% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.18% | 2.24% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.07% | 1.85% | +1.22% |
BATAX vs. GILHX - Expense Ratio Comparison
BATAX has a 0.00% expense ratio, which is lower than GILHX's 0.49% expense ratio.
Dividends
BATAX vs. GILHX - Dividend Comparison
BATAX's dividend yield for the trailing twelve months is around 5.74%, more than GILHX's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATAX BlackRock Allocation Target Shares Series A Portfolio | 5.74% | 5.92% | 5.45% | 3.91% | 3.14% | 1.82% | 3.22% | 4.73% | 5.36% | 4.10% | 0.40% | 0.00% |
GILHX Guggenheim Limited Duration Fund | 4.57% | 4.43% | 4.38% | 4.31% | 2.05% | 1.79% | 2.25% | 2.31% | 2.35% | 2.39% | 3.07% | 3.54% |
Frequently Asked Questions
BATAX and GILHX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BATAX has higher volatility (0.66%) compared to GILHX (0.63%). In terms of maximum drawdown, BATAX dropped -17.42% vs GILHX's -8.10%.
BATAX currently has the higher Sharpe Ratio (3.00 vs 2.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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