BGT vs. EFT
Compare and contrast key facts about BlackRock Floating Rate Income Trust (BGT) and Eaton Vance Floating-Rate Income Trust (EFT).
BGT is managed by Blackrock. It was launched on Aug 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGT or EFT.
Correlation
The correlation between BGT and EFT is 0.48, 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. EFT - Performance Comparison
Key characteristics
BGT:
0.17
EFT:
-0.11
BGT:
0.33
EFT:
-0.06
BGT:
1.05
EFT:
0.99
BGT:
0.18
EFT:
-0.09
BGT:
0.65
EFT:
-0.45
BGT:
4.28%
EFT:
3.57%
BGT:
16.35%
EFT:
14.12%
BGT:
-58.31%
EFT:
-60.58%
BGT:
-9.31%
EFT:
-11.32%
Returns By Period
In the year-to-date period, BGT achieves a -5.50% return, which is significantly higher than EFT's -6.34% return. Over the past 10 years, BGT has outperformed EFT with an annualized return of 6.23%, while EFT has yielded a comparatively lower 5.16% annualized return.
BGT
-5.50%
-4.99%
-4.05%
2.95%
11.69%
6.23%
EFT
-6.34%
-5.62%
-4.68%
-2.48%
10.53%
5.16%
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Risk-Adjusted Performance
BGT vs. EFT — Risk-Adjusted Performance Rank
BGT
EFT
BGT vs. EFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Trust (BGT) and Eaton Vance Floating-Rate Income Trust (EFT). 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. EFT - Dividend Comparison
BGT's dividend yield for the trailing twelve months is around 12.35%, more than EFT's 11.88% 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% |
EFT Eaton Vance Floating-Rate Income Trust | 11.88% | 10.52% | 11.09% | 9.14% | 5.26% | 5.40% | 7.41% | 6.77% | 5.26% | 5.54% | 7.17% | 5.82% |
Drawdowns
BGT vs. EFT - Drawdown Comparison
The maximum BGT drawdown since its inception was -58.31%, roughly equal to the maximum EFT drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for BGT and EFT. For additional features, visit the drawdowns tool.
Volatility
BGT vs. EFT - Volatility Comparison
BlackRock Floating Rate Income Trust (BGT) and Eaton Vance Floating-Rate Income Trust (EFT) have volatilities of 10.91% and 11.08%, 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.