BHK vs. BIT
BHK (BlackRock Core Bond Trust) and BIT (BlackRock Multi-Sector Income Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, BHK returned 2.75%/yr vs 6.90%/yr for BIT. At a 0.27 correlation, their price movements are largely independent.
Performance
BHK vs. BIT - Performance Comparison
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Returns By Period
In the year-to-date period, BHK achieves a -0.04% return, which is significantly lower than BIT's 1.29% return. Over the past 10 years, BHK has underperformed BIT with an annualized return of 2.75%, while BIT has yielded a comparatively higher 6.90% annualized return.
BHK
- 1D
- -0.66%
- 1M
- 1.72%
- 6M
- -0.66%
- YTD
- -0.04%
- 1Y
- 5.09%
- 3Y*
- 3.83%
- 5Y*
- -2.84%
- 10Y*
- 2.75%
- ALL TIME*
- 5.51%
BIT
- 1D
- 0.49%
- 1M
- 1.17%
- 6M
- -0.39%
- YTD
- 1.29%
- 1Y
- -2.42%
- 3Y*
- 6.30%
- 5Y*
- 2.56%
- 10Y*
- 6.90%
- ALL TIME*
- 6.08%
BHK vs. BIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHK BlackRock Core Bond Trust | -0.04% | 2.51% | 4.02% | 14.42% | -32.52% | 8.03% | 18.02% | 26.36% | -7.59% | 14.22% |
BIT BlackRock Multi-Sector Income Trust | 1.29% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
Correlation
The correlation between BHK and BIT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2013 | 0.27 |
The correlation between BHK and BIT shifts across timeframes, from 0.27 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BHK:
$490.76M
BIT:
$530.51M
BHK:
$34.57M
BIT:
$91.75M
BHK:
$32.13M
BIT:
$76.64M
BHK:
$21.10M
BIT:
$105.25M
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Return for Risk
BHK vs. BIT — Risk / Return Rank
BHK
BIT
BHK vs. BIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Core Bond Trust (BHK) and BlackRock Multi-Sector Income Trust (BIT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BHK | BIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.96 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.63 | -0.27 | +0.90 |
| Martin ratioReturn relative to average drawdown | 1.47 | -0.49 | +1.96 |
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Drawdowns
BHK vs. BIT - Drawdown Comparison
The maximum BHK drawdown since its inception was -39.59%, smaller than the maximum BIT drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for BHK and BIT.
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Drawdown Indicators
| BHK | BIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.59% | -43.54% | +3.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.13% | -8.99% | +0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -14.73% | -10.42% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -39.59% | -23.72% | -15.87% |
Max Drawdown (10Y)Largest decline over 10 years | -39.59% | -43.54% | +3.95% |
Current DrawdownCurrent decline from peak | -18.89% | -4.32% | -14.57% |
Average DrawdownAverage peak-to-trough decline | -7.82% | -4.87% | -2.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 4.96% | -1.49% |
Volatility
BHK vs. BIT - Volatility Comparison
BlackRock Core Bond Trust (BHK) has a higher volatility of 2.55% compared to BlackRock Multi-Sector Income Trust (BIT) at 1.67%. This indicates that BHK's price experiences larger fluctuations and is considered to be riskier than BIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHK | BIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 1.67% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 6.91% | 6.21% | +0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.87% | 8.31% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 12.04% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.13% | 15.99% | -2.86% |
Dividends
BHK vs. BIT - Dividend Comparison
BHK's dividend yield for the trailing twelve months is around 9.88%, less than BIT's 11.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHK BlackRock Core Bond Trust | 9.88% | 9.25% | 8.56% | 8.21% | 7.91% | 6.36% | 5.06% | 5.32% | 6.39% | 5.56% | 6.23% | 7.03% |
BIT BlackRock Multi-Sector Income Trust | 11.98% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
Financials
BHK vs. BIT - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Core Bond Trust and BlackRock Multi-Sector Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BHK and BIT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHK has higher volatility (2.55%) compared to BIT (1.67%). In terms of maximum drawdown, BHK dropped -39.59% vs BIT's -43.54%.
BHK currently has the higher Sharpe Ratio (0.58 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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