BDHIX vs. BIT
BDHIX (BlackRock Dynamic High Income Portfolio) is Diversified Portfolio fund managed by BlackRock, while BIT (BlackRock Multi-Sector Income Trust) is a stock. Over the past 10 years, BDHIX returned 6.55%/yr vs 6.96%/yr for BIT. At a 0.46 correlation, their price movements are largely independent.
Performance
BDHIX vs. BIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BDHIX achieves a 5.11% return, which is significantly higher than BIT's 1.20% return. Over the past 10 years, BDHIX has underperformed BIT with an annualized return of 6.55%, while BIT has yielded a comparatively higher 6.96% annualized return.
BDHIX
- 1D
- 0.22%
- 1M
- 0.01%
- 6M
- 4.07%
- YTD
- 5.11%
- 1Y
- 12.01%
- 3Y*
- 11.50%
- 5Y*
- 4.45%
- 10Y*
- 6.55%
BIT
- 1D
- 0.19%
- 1M
- 0.03%
- 6M
- -0.47%
- YTD
- 1.20%
- 1Y
- -2.10%
- 3Y*
- 6.56%
- 5Y*
- 2.55%
- 10Y*
- 6.96%
BDHIX vs. BIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDHIX BlackRock Dynamic High Income Portfolio | 5.11% | 12.27% | 10.76% | 13.87% | -18.20% | 10.44% | 4.52% | 20.05% | -6.91% | 14.53% |
BIT BlackRock Multi-Sector Income Trust | 1.20% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
Correlation
The correlation between BDHIX and BIT is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.46 |
The correlation between BDHIX and BIT has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BDHIX vs. BIT — Risk / Return Rank
BDHIX
BIT
BDHIX vs. BIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Dynamic High Income Portfolio (BDHIX) and BlackRock Multi-Sector Income Trust (BIT). 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.
| BDHIX | BIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.80 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.97 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | -0.23 | +2.09 |
| Martin ratioReturn relative to average drawdown | 8.28 | -0.43 | +8.70 |
Loading charts...
Drawdowns
BDHIX vs. BIT - Drawdown Comparison
The maximum BDHIX drawdown since its inception was -29.13%, smaller than the maximum BIT drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for BDHIX and BIT.
Loading charts...
Drawdown Indicators
| BDHIX | BIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -43.54% | +14.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.15% | -8.99% | +2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -9.43% | -10.42% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -23.72% | +0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -29.13% | -43.54% | +14.41% |
Current DrawdownCurrent decline from peak | -0.44% | -4.40% | +3.96% |
Average DrawdownAverage peak-to-trough decline | -4.74% | -4.87% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 4.94% | -3.56% |
Volatility
BDHIX vs. BIT - Volatility Comparison
The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 2.08%, while BlackRock Multi-Sector Income Trust (BIT) has a volatility of 2.32%. This indicates that BDHIX experiences smaller price fluctuations and is considered to be less risky than BIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BDHIX | BIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.08% | 2.32% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 6.21% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.39% | 8.34% | -0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.00% | 12.06% | -3.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.16% | 15.99% | -6.83% |
Dividends
BDHIX vs. BIT - Dividend Comparison
BDHIX's dividend yield for the trailing twelve months is around 7.97%, less than BIT's 11.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDHIX BlackRock Dynamic High Income Portfolio | 7.97% | 7.54% | 7.62% | 5.96% | 5.17% | 6.58% | 5.20% | 5.68% | 7.40% | 6.14% | 6.33% | 7.19% |
BIT BlackRock Multi-Sector Income Trust | 11.99% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
Frequently Asked Questions
BDHIX and BIT have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIT has higher volatility (2.32%) compared to BDHIX (2.08%). In terms of maximum drawdown, BDHIX dropped -29.13% vs BIT's -43.54%.
BDHIX currently has the higher Sharpe Ratio (1.54 vs -0.25), 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.
Find the right allocation for BDHIX and BIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer