BCX vs. JAAA
Compare and contrast key facts about Blackrock Resources & Commodities Strategy Trust (BCX) and Janus Henderson AAA CLO ETF (JAAA).
BCX is managed by BlackRock. It was launched on Mar 30, 2011. JAAA is an actively managed fund by Janus Henderson. It was launched on Oct 16, 2020.
Performance
BCX vs. JAAA - Performance Comparison
Loading graphics...
BCX vs. JAAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BCX Blackrock Resources & Commodities Strategy Trust | 11.61% | 40.37% | 3.18% | -4.79% | 12.80% | 32.90% | 24.57% |
JAAA Janus Henderson AAA CLO ETF | 0.73% | 5.16% | 7.43% | 8.59% | 0.49% | 1.39% | 0.79% |
Returns By Period
In the year-to-date period, BCX achieves a 11.61% return, which is significantly higher than JAAA's 0.73% return.
BCX
- 1D
- 1.43%
- 1M
- -10.63%
- YTD
- 11.61%
- 6M
- 22.97%
- 1Y
- 40.12%
- 3Y*
- 16.55%
- 5Y*
- 13.53%
- 10Y*
- 13.07%
JAAA
- 1D
- 0.12%
- 1M
- 0.38%
- YTD
- 0.73%
- 6M
- 2.11%
- 1Y
- 5.05%
- 3Y*
- 6.82%
- 5Y*
- 4.57%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BCX vs. JAAA - Expense Ratio Comparison
BCX has a 1.10% expense ratio, which is higher than JAAA's 0.21% expense ratio.
Return for Risk
BCX vs. JAAA — Risk / Return Rank
BCX
JAAA
BCX vs. JAAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackrock Resources & Commodities Strategy Trust (BCX) and Janus Henderson AAA CLO ETF (JAAA). 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.
| BCX | JAAA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.92 | 2.80 | -0.88 |
Sortino ratioReturn per unit of downside risk | 2.36 | 3.60 | -1.24 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.91 | -0.55 |
Calmar ratioReturn relative to maximum drawdown | 2.47 | 3.54 | -1.07 |
Martin ratioReturn relative to average drawdown | 9.32 | 24.70 | -15.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BCX | JAAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 2.80 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 2.71 | -2.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 2.70 | -2.50 |
Correlation
The correlation between BCX and JAAA is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BCX vs. JAAA - Dividend Comparison
BCX's dividend yield for the trailing twelve months is around 6.94%, more than JAAA's 5.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCX Blackrock Resources & Commodities Strategy Trust | 6.94% | 7.62% | 7.49% | 7.00% | 5.52% | 5.13% | 7.10% | 7.67% | 8.77% | 6.19% | 6.98% | 11.38% |
JAAA Janus Henderson AAA CLO ETF | 5.62% | 5.30% | 6.35% | 6.11% | 2.74% | 1.21% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BCX vs. JAAA - Drawdown Comparison
The maximum BCX drawdown since its inception was -62.36%, which is greater than JAAA's maximum drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for BCX and JAAA.
Loading graphics...
Drawdown Indicators
| BCX | JAAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.36% | -2.64% | -59.72% |
Max Drawdown (1Y)Largest decline over 1 year | -16.17% | -1.46% | -14.71% |
Max Drawdown (5Y)Largest decline over 5 years | -29.22% | -2.64% | -26.58% |
Max Drawdown (10Y)Largest decline over 10 years | -59.23% | — | — |
Current DrawdownCurrent decline from peak | -11.16% | -0.03% | -11.13% |
Average DrawdownAverage peak-to-trough decline | -19.76% | -0.26% | -19.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.29% | 0.21% | +4.08% |
Volatility
BCX vs. JAAA - Volatility Comparison
Blackrock Resources & Commodities Strategy Trust (BCX) has a higher volatility of 8.00% compared to Janus Henderson AAA CLO ETF (JAAA) at 0.41%. This indicates that BCX's price experiences larger fluctuations and is considered to be riskier than JAAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BCX | JAAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.00% | 0.41% | +7.59% |
Volatility (6M)Calculated over the trailing 6-month period | 15.73% | 0.68% | +15.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.00% | 1.81% | +19.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.40% | 1.69% | +19.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.54% | 1.67% | +21.87% |