BIT vs. BTZ
Compare and contrast key facts about BlackRock Multi-Sector Income Trust (BIT) and BlackRock Credit Allocation Income Trust (BTZ).
Performance
BIT vs. BTZ - Performance Comparison
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BIT vs. BTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIT BlackRock Multi-Sector Income Trust | -1.05% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
BTZ BlackRock Credit Allocation Income Trust | -3.90% | 13.70% | 11.25% | 12.78% | -27.11% | 9.34% | 13.25% | 33.62% | -10.31% | 9.36% |
Fundamentals
BIT:
$85.81M
BTZ:
$163.42M
BIT:
$70.89M
BTZ:
$152.69M
BIT:
-$28.04M
BTZ:
$120.76M
Returns By Period
In the year-to-date period, BIT achieves a -1.05% return, which is significantly higher than BTZ's -3.90% return. Over the past 10 years, BIT has outperformed BTZ with an annualized return of 7.84%, while BTZ has yielded a comparatively lower 5.89% annualized return.
BIT
- 1D
- 0.32%
- 1M
- -3.11%
- YTD
- -1.05%
- 6M
- -1.02%
- 1Y
- 0.07%
- 3Y*
- 6.46%
- 5Y*
- 3.02%
- 10Y*
- 7.84%
BTZ
- 1D
- 0.59%
- 1M
- -3.25%
- YTD
- -3.90%
- 6M
- -3.45%
- 1Y
- 3.45%
- 3Y*
- 9.53%
- 5Y*
- 1.51%
- 10Y*
- 5.89%
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Return for Risk
BIT vs. BTZ — Risk / Return Rank
BIT
BTZ
BIT vs. BTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Sector Income Trust (BIT) and BlackRock Credit Allocation Income Trust (BTZ). 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.
| BIT | BTZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.01 | 0.31 | -0.31 |
Sortino ratioReturn per unit of downside risk | 0.08 | 0.50 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.08 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | 0.44 | -0.50 |
Martin ratioReturn relative to average drawdown | -0.11 | 1.53 | -1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BIT | BTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 0.31 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.12 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.45 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.18 | +0.22 |
Correlation
The correlation between BIT and BTZ is 0.39, 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.
Dividends
BIT vs. BTZ - Dividend Comparison
BIT's dividend yield for the trailing twelve months is around 11.68%, more than BTZ's 9.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIT BlackRock Multi-Sector Income Trust | 11.68% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
BTZ BlackRock Credit Allocation Income Trust | 9.91% | 9.30% | 9.63% | 9.76% | 9.14% | 6.69% | 6.84% | 6.23% | 7.19% | 6.25% | 6.90% | 7.83% |
Drawdowns
BIT vs. BTZ - Drawdown Comparison
The maximum BIT drawdown since its inception was -43.54%, smaller than the maximum BTZ drawdown of -74.62%. Use the drawdown chart below to compare losses from any high point for BIT and BTZ.
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Drawdown Indicators
| BIT | BTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.54% | -74.62% | +31.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -9.29% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.72% | -34.67% | +10.95% |
Max Drawdown (10Y)Largest decline over 10 years | -43.54% | -35.32% | -8.22% |
Current DrawdownCurrent decline from peak | -6.53% | -5.38% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -12.58% | +7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.45% | 2.70% | +1.75% |
Volatility
BIT vs. BTZ - Volatility Comparison
The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 3.98%, while BlackRock Credit Allocation Income Trust (BTZ) has a volatility of 5.79%. This indicates that BIT experiences smaller price fluctuations and is considered to be less risky than BTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIT | BTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 5.79% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 5.43% | 7.07% | -1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.51% | 11.15% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.06% | 12.78% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 13.09% | +2.90% |
Financials
BIT vs. BTZ - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Multi-Sector Income Trust and BlackRock Credit Allocation 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