BCRIX vs. TLT
Compare and contrast key facts about BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and iShares 20+ Year Treasury Bond ETF (TLT).
BCRIX is managed by Blackrock. It was launched on Feb 28, 2011. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCRIX or TLT.
Key characteristics
| BCRIX | TLT | |
|---|---|---|
| YTD Return | -2.88% | -9.72% |
| 1Y Return | -1.27% | -14.30% |
| 3Y Return (Ann) | -4.66% | -11.96% |
| 5Y Return (Ann) | -0.58% | -4.37% |
| 10Y Return (Ann) | 1.02% | 0.13% |
| Sharpe Ratio | -0.07 | -0.76 |
| Daily Std Dev | 6.99% | 17.24% |
| Max Drawdown | -20.77% | -48.35% |
| Current Drawdown | -15.44% | -43.75% |
Correlation
The correlation between BCRIX and TLT is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BCRIX vs. TLT - Performance Comparison
In the year-to-date period, BCRIX achieves a -2.88% return, which is significantly higher than TLT's -9.72% return. Over the past 10 years, BCRIX has outperformed TLT with an annualized return of 1.02%, while TLT has yielded a comparatively lower 0.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BCRIX vs. TLT - Expense Ratio Comparison
BCRIX has a 0.28% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
BCRIX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
Dividends
BCRIX vs. TLT - Dividend Comparison
BCRIX's dividend yield for the trailing twelve months is around 4.10%, more than TLT's 3.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCRIX BlackRock Advantage CoreAlpha Bond Fund | 4.10% | 3.72% | 0.55% | 2.49% | 6.27% | 3.62% | 3.08% | 2.86% | 2.75% | 2.76% | 2.57% | 2.62% |
TLT iShares 20+ Year Treasury Bond ETF | 3.92% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
BCRIX vs. TLT - Drawdown Comparison
The maximum BCRIX drawdown since its inception was -20.77%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BCRIX and TLT. For additional features, visit the drawdowns tool.
Volatility
BCRIX vs. TLT - Volatility Comparison
The current volatility for BlackRock Advantage CoreAlpha Bond Fund (BCRIX) is 1.70%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 4.26%. This indicates that BCRIX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.