BGT vs. ECAT
Compare and contrast key facts about BlackRock Floating Rate Income Trust (BGT) and BlackRock ESG Capital Allocation Term Trust (ECAT).
BGT is managed by Blackrock. It was launched on Aug 26, 2004. ECAT is managed by Blackrock. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGT or ECAT.
Correlation
The correlation between BGT and ECAT is 0.38, 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
Key characteristics
BGT:
0.17
ECAT:
0.57
BGT:
0.33
ECAT:
0.87
BGT:
1.05
ECAT:
1.12
BGT:
0.18
ECAT:
0.64
BGT:
0.65
ECAT:
3.00
BGT:
4.28%
ECAT:
3.35%
BGT:
16.35%
ECAT:
17.57%
BGT:
-58.31%
ECAT:
-32.23%
BGT:
-9.31%
ECAT:
-10.30%
Returns By Period
In the year-to-date period, BGT achieves a -5.50% return, which is significantly lower than ECAT's -4.49% return.
BGT
-5.50%
-4.76%
-4.49%
2.39%
11.69%
6.19%
ECAT
-4.49%
-8.71%
-6.50%
10.20%
N/A
N/A
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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
BGT
ECAT
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.
Dividends
BGT vs. ECAT - Dividend Comparison
BGT's dividend yield for the trailing twelve months is around 12.35%, less than ECAT's 24.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 12.35% | 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 | 24.00% | 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.
Volatility
BGT vs. ECAT - Volatility Comparison
BlackRock Floating Rate Income Trust (BGT) and BlackRock ESG Capital Allocation Term Trust (ECAT) have volatilities of 10.91% and 11.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.