BGT vs. BKLN
Compare and contrast key facts about BlackRock Floating Rate Income Trust (BGT) and Invesco Senior Loan ETF (BKLN).
BGT is managed by Blackrock. It was launched on Aug 26, 2004. BKLN is a passively managed fund by Invesco that tracks the performance of the S&P/LSTA U.S. Leveraged Loan 100 Index. It was launched on Mar 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGT or BKLN.
Correlation
The correlation between BGT and BKLN is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BGT vs. BKLN - Performance Comparison
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Key characteristics
BGT:
0.15
BKLN:
1.79
BGT:
0.33
BKLN:
2.84
BGT:
1.05
BKLN:
1.57
BGT:
0.18
BKLN:
2.05
BGT:
0.61
BKLN:
13.80
BGT:
4.58%
BKLN:
0.53%
BGT:
16.70%
BKLN:
4.05%
BGT:
-58.31%
BKLN:
-24.17%
BGT:
-4.97%
BKLN:
0.00%
Returns By Period
In the year-to-date period, BGT achieves a -0.97% return, which is significantly lower than BKLN's 1.84% return. Over the past 10 years, BGT has outperformed BKLN with an annualized return of 6.64%, while BKLN has yielded a comparatively lower 3.75% annualized return.
BGT
-0.97%
5.41%
-0.69%
2.48%
12.76%
6.64%
BKLN
1.84%
3.12%
2.48%
7.16%
6.20%
3.75%
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BGT vs. BKLN - Expense Ratio Comparison
BGT has a 1.74% expense ratio, which is higher than BKLN's 0.65% expense ratio.
Risk-Adjusted Performance
BGT vs. BKLN — Risk-Adjusted Performance Rank
BGT
BKLN
BGT vs. BKLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and Invesco Senior Loan ETF (BKLN). 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.
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Dividends
BGT vs. BKLN - Dividend Comparison
BGT's dividend yield for the trailing twelve months is around 11.78%, more than BKLN's 7.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 11.78% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.44% | 6.04% | 6.65% |
BKLN Invesco Senior Loan ETF | 7.97% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.52% | 3.50% | 4.54% | 4.12% | 4.12% |
Drawdowns
BGT vs. BKLN - Drawdown Comparison
The maximum BGT drawdown since its inception was -58.31%, which is greater than BKLN's maximum drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for BGT and BKLN. For additional features, visit the drawdowns tool.
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Volatility
BGT vs. BKLN - Volatility Comparison
BlackRock Floating Rate Income Trust (BGT) has a higher volatility of 4.60% compared to Invesco Senior Loan ETF (BKLN) at 1.19%. This indicates that BGT's price experiences larger fluctuations and is considered to be riskier than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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