BIT vs. BHK
BIT (BlackRock Multi-Sector Income Trust) and BHK (BlackRock Core Bond Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, BIT returned 7.30%/yr vs 2.96%/yr for BHK. At a 0.27 correlation, their price movements are largely independent.
Performance
BIT vs. BHK - Performance Comparison
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Returns By Period
In the year-to-date period, BIT achieves a 0.98% return, which is significantly higher than BHK's -2.22% return. Over the past 10 years, BIT has outperformed BHK with an annualized return of 7.30%, while BHK has yielded a comparatively lower 2.96% annualized return.
BIT
- 1D
- -0.24%
- 1M
- 0.03%
- YTD
- 0.98%
- 6M
- 1.01%
- 1Y
- -0.29%
- 3Y*
- 7.05%
- 5Y*
- 2.32%
- 10Y*
- 7.30%
BHK
- 1D
- 0.22%
- 1M
- 0.49%
- YTD
- -2.22%
- 6M
- -0.20%
- 1Y
- 0.78%
- 3Y*
- 4.13%
- 5Y*
- -2.97%
- 10Y*
- 2.96%
BIT vs. BHK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIT BlackRock Multi-Sector Income Trust | 0.98% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
BHK BlackRock Core Bond Trust | -2.22% | 2.51% | 4.02% | 14.42% | -32.52% | 8.03% | 18.02% | 26.36% | -7.59% | 14.22% |
Correlation
The correlation between BIT and BHK is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
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 BIT and BHK shifts across timeframes, from 0.27 (all time) to 0.41 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
BIT:
$1.58
BHK:
$0.63
BIT:
7.98
BHK:
14.36
BIT:
2.02
BHK:
0.05
BIT:
6.78
BHK:
18.82
BIT:
$91.75M
BHK:
$34.57M
BIT:
$76.64M
BHK:
$32.13M
BIT:
$105.25M
BHK:
$21.10M
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Return for Risk
BIT vs. BHK — Risk / Return Rank
BIT
BHK
BIT vs. BHK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Sector Income Trust (BIT) and BlackRock Core Bond Trust (BHK). 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.
| BIT | BHK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.02 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.10 | -0.13 |
| Martin ratioReturn relative to average drawdown | -0.06 | 0.23 | -0.30 |
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Drawdowns
BIT vs. BHK - Drawdown Comparison
The maximum BIT drawdown since its inception was -43.54%, which is greater than BHK's maximum drawdown of -39.59%. Use the drawdown chart below to compare losses from any high point for BIT and BHK.
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Drawdown Indicators
| BIT | BHK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.54% | -39.59% | -3.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.99% | -8.13% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -10.42% | -14.73% | +4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | -39.59% | +15.87% |
Max Drawdown (10Y)Largest decline over 10 years | -43.54% | -39.59% | -3.95% |
Current DrawdownCurrent decline from peak | -4.61% | -20.66% | +16.05% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -7.78% | +2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 3.32% | +1.44% |
Volatility
BIT vs. BHK - Volatility Comparison
The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 2.80%, while BlackRock Core Bond Trust (BHK) has a volatility of 3.85%. This indicates that BIT experiences smaller price fluctuations and is considered to be less risky than BHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIT | BHK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.80% | 3.85% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 5.97% | 6.59% | -0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.12% | 8.94% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.04% | 14.46% | -2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 13.12% | +2.87% |
Dividends
BIT vs. BHK - Dividend Comparison
BIT's dividend yield for the trailing twelve months is around 11.73%, more than BHK's 9.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHK BlackRock Core Bond Trust | 9.94% | 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 | 11.73% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
Financials
BIT vs. BHK - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Multi-Sector Income Trust and BlackRock Core Bond 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
BIT and BHK have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHK has higher volatility (3.85%) compared to BIT (2.80%). In terms of maximum drawdown, BIT dropped -43.54% vs BHK's -39.59%.
BHK currently has the higher Sharpe Ratio (0.09 vs -0.04), 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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