BIT vs. BTC-USD
Compare and contrast key facts about BlackRock Multi-Sector Income Trust (BIT) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIT or BTC-USD.
Correlation
The correlation between BIT and BTC-USD 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
BIT vs. BTC-USD - Performance Comparison
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Key characteristics
BIT:
0.28
BTC-USD:
1.24
BIT:
0.43
BTC-USD:
2.99
BIT:
1.07
BTC-USD:
1.31
BIT:
0.30
BTC-USD:
2.31
BIT:
1.22
BTC-USD:
10.99
BIT:
2.52%
BTC-USD:
11.22%
BIT:
11.34%
BTC-USD:
42.39%
BIT:
-43.54%
BTC-USD:
-93.07%
BIT:
-1.33%
BTC-USD:
-2.99%
Returns By Period
In the year-to-date period, BIT achieves a 1.45% return, which is significantly lower than BTC-USD's 10.21% return. Over the past 10 years, BIT has underperformed BTC-USD with an annualized return of 7.67%, while BTC-USD has yielded a comparatively higher 83.65% annualized return.
BIT
1.45%
7.05%
1.03%
3.28%
11.43%
7.67%
BTC-USD
10.21%
29.32%
34.11%
69.38%
64.34%
83.65%
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Risk-Adjusted Performance
BIT vs. BTC-USD — Risk-Adjusted Performance Rank
BIT
BTC-USD
BIT vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Sector Income Trust (BIT) and Bitcoin (BTC-USD). 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.
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Drawdowns
BIT vs. BTC-USD - Drawdown Comparison
The maximum BIT drawdown since its inception was -43.54%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BIT and BTC-USD. For additional features, visit the drawdowns tool.
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Volatility
BIT vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 3.54%, while Bitcoin (BTC-USD) has a volatility of 11.97%. This indicates that BIT experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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