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BGT vs. ECAT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BGT and ECAT is 0.37, 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.


Performance

BGT vs. ECAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Floating Rate Income Trust (BGT) and BlackRock ESG Capital Allocation Term Trust (ECAT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BGT:

0.10

ECAT:

0.83

Sortino Ratio

BGT:

0.35

ECAT:

1.22

Omega Ratio

BGT:

1.05

ECAT:

1.17

Calmar Ratio

BGT:

0.19

ECAT:

0.95

Martin Ratio

BGT:

0.67

ECAT:

4.08

Ulcer Index

BGT:

4.57%

ECAT:

3.69%

Daily Std Dev

BGT:

16.63%

ECAT:

17.77%

Max Drawdown

BGT:

-58.31%

ECAT:

-32.23%

Current Drawdown

BGT:

-6.13%

ECAT:

-2.76%

Returns By Period

In the year-to-date period, BGT achieves a -2.19% return, which is significantly lower than ECAT's 3.53% return.


BGT

YTD

-2.19%

1M

3.59%

6M

-2.42%

1Y

1.68%

5Y*

12.31%

10Y*

6.67%

ECAT

YTD

3.53%

1M

6.65%

6M

-0.60%

1Y

14.71%

5Y*

N/A

10Y*

N/A

*Annualized

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BGT vs. ECAT - Expense Ratio Comparison

BGT has a 1.74% expense ratio, which is higher than ECAT's 1.38% expense ratio.


Risk-Adjusted Performance

BGT vs. ECAT — Risk-Adjusted Performance Rank

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

BGT
The Risk-Adjusted Performance Rank of BGT is 3434
Overall Rank
The Sharpe Ratio Rank of BGT is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of BGT is 3333
Sortino Ratio Rank
The Omega Ratio Rank of BGT is 3434
Omega Ratio Rank
The Calmar Ratio Rank of BGT is 3838
Calmar Ratio Rank
The Martin Ratio Rank of BGT is 3636
Martin Ratio Rank

ECAT
The Risk-Adjusted Performance Rank of ECAT is 7979
Overall Rank
The Sharpe Ratio Rank of ECAT is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of ECAT is 7575
Sortino Ratio Rank
The Omega Ratio Rank of ECAT is 7777
Omega Ratio Rank
The Calmar Ratio Rank of ECAT is 8585
Calmar Ratio Rank
The Martin Ratio Rank of ECAT is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BGT vs. ECAT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and BlackRock ESG Capital Allocation Term Trust (ECAT). 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.


The current BGT Sharpe Ratio is 0.10, which is lower than the ECAT Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of BGT and ECAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BGT vs. ECAT - Dividend Comparison

BGT's dividend yield for the trailing twelve months is around 11.93%, less than ECAT's 22.14% yield.


TTM20242023202220212020201920182017201620152014
BGT
BlackRock Floating Rate Income Trust
11.93%11.22%10.36%6.87%5.55%7.58%6.33%6.64%5.03%5.44%6.04%6.65%
ECAT
BlackRock ESG Capital Allocation Term Trust
22.14%17.45%9.14%8.94%0.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BGT vs. ECAT - Drawdown Comparison

The maximum BGT drawdown since its inception was -58.31%, which is greater than ECAT's maximum drawdown of -32.23%. Use the drawdown chart below to compare losses from any high point for BGT and ECAT. For additional features, visit the drawdowns tool.


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Volatility

BGT vs. ECAT - Volatility Comparison


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