BDJ vs. BHK

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Enhanced Equity Dividend Fund (BDJ) and BlackRock Core Bond Trust (BHK).

BDJ is managed by BlackRock. It was launched on Aug 30, 2005.

Performance

BDJ vs. BHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Enhanced Equity Dividend Fund (BDJ) and BlackRock Core Bond Trust (BHK). The values are adjusted to include any dividend payments, if applicable.

BDJ vs. BHK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BDJ BlackRock Enhanced Equity Dividend Fund	-5.83%	26.12%	16.87%	-6.67%	0.83%	26.56%	-7.58%	37.43%	-10.42%	20.78%
BHK BlackRock Core Bond Trust	-2.31%	2.51%	4.02%	14.42%	-32.52%	8.03%	18.02%	26.36%	-7.59%	14.22%

Returns By Period

In the year-to-date period, BDJ achieves a -5.83% return, which is significantly lower than BHK's -2.31% return. Over the past 10 years, BDJ has outperformed BHK with an annualized return of 9.93%, while BHK has yielded a comparatively lower 3.37% annualized return.

BDJ

• 1D: 1.51%
• 1M: -8.69%
• YTD: -5.83%
• 6M: 1.12%
• 1Y: 11.53%
• 3Y*: 10.07%
• 5Y*: 7.81%
• 10Y*: 9.93%

BHK

• 1D: -0.11%
• 1M: -2.90%
• YTD: -2.31%
• 6M: -4.41%
• 1Y: -5.94%
• 3Y*: 3.80%
• 5Y*: -2.27%
• 10Y*: 3.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BDJ vs. BHK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDJ

BDJ Risk / Return Rank: 29
BDJ Sharpe Ratio Rank: 27
BDJ Sortino Ratio Rank: 25
BDJ Omega Ratio Rank: 27
BDJ Calmar Ratio Rank: 34
BDJ Martin Ratio Rank: 33

BHK

BHK Risk / Return Rank: 20
BHK Sharpe Ratio Rank: 19
BHK Sortino Ratio Rank: 18
BHK Omega Ratio Rank: 17
BHK Calmar Ratio Rank: 23
BHK Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BDJ vs. BHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Equity Dividend Fund (BDJ) and BlackRock Core Bond Trust (BHK). 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.

	BDJ	BHK	Difference
Sharpe ratio Return per unit of total volatility	0.69	-0.50	+1.19
Sortino ratio Return per unit of downside risk	1.04	-0.55	+1.58
Omega ratio Gain probability vs. loss probability	1.15	0.92	+0.24
Calmar ratio Return relative to maximum drawdown	0.97	-0.53	+1.50
Martin ratio Return relative to average drawdown	3.62	-0.92	+4.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDJ vs. BHK - Sharpe Ratio Comparison

The current BDJ Sharpe Ratio is 0.69, which is higher than the BHK Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of BDJ and BHK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BDJ	BHK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	-0.50	+1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	-0.16	+0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.26	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.40	-0.10

Correlation

The correlation between BDJ and BHK is 0.19, 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

BDJ vs. BHK - Dividend Comparison

BDJ's dividend yield for the trailing twelve months is around 9.78%, which matches BHK's 9.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDJ BlackRock Enhanced Equity Dividend Fund	9.78%	9.03%	8.21%	9.49%	12.18%	5.95%	7.08%	6.66%	7.21%	6.07%	6.88%	7.36%
BHK BlackRock Core Bond Trust	9.75%	9.25%	8.56%	8.21%	7.91%	6.36%	5.06%	5.32%	6.39%	5.56%	6.23%	7.03%

Drawdowns

BDJ vs. BHK - Drawdown Comparison

The maximum BDJ drawdown since its inception was -59.46%, which is greater than BHK's maximum drawdown of -39.59%. Use the drawdown chart below to compare losses from any high point for BDJ and BHK.

Drawdown Indicators

	BDJ	BHK	Difference
Max Drawdown Largest peak-to-trough decline	-59.46%	-39.59%	-19.87%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-10.44%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-21.39%	-39.59%	+18.20%
Max Drawdown (10Y) Largest decline over 10 years	-48.14%	-39.59%	-8.55%
Current Drawdown Current decline from peak	-9.16%	-20.73%	+11.57%
Average Drawdown Average peak-to-trough decline	-8.99%	-7.67%	-1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	5.98%	-2.69%

Volatility

BDJ vs. BHK - Volatility Comparison

BlackRock Enhanced Equity Dividend Fund (BDJ) has a higher volatility of 5.62% compared to BlackRock Core Bond Trust (BHK) at 3.66%. This indicates that BDJ's price experiences larger fluctuations and is considered to be riskier than BHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDJ	BHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	3.66%	+1.96%
Volatility (6M) Calculated over the trailing 6-month period	9.50%	6.15%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	12.02%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.13%	14.41%	+1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	13.06%	+5.32%