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 0.06, 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
Key characteristics
BIT:
0.15
BTC-USD:
1.16
BIT:
0.27
BTC-USD:
1.81
BIT:
1.04
BTC-USD:
1.18
BIT:
0.16
BTC-USD:
0.86
BIT:
0.68
BTC-USD:
5.33
BIT:
2.45%
BTC-USD:
11.02%
BIT:
11.41%
BTC-USD:
42.72%
BIT:
-43.54%
BTC-USD:
-93.07%
BIT:
-5.32%
BTC-USD:
-20.02%
Returns By Period
In the year-to-date period, BIT achieves a -2.66% return, which is significantly higher than BTC-USD's -9.13% return. Over the past 10 years, BIT has underperformed BTC-USD with an annualized return of 7.20%, while BTC-USD has yielded a comparatively higher 80.22% annualized return.
BIT
-2.66%
-4.05%
-2.42%
0.27%
10.63%
7.20%
BTC-USD
-9.13%
-2.25%
24.08%
33.67%
63.89%
80.22%
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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.
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.
Volatility
BIT vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 8.68%, while Bitcoin (BTC-USD) has a volatility of 16.06%. 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.