BIT vs. CMS
Compare and contrast key facts about BlackRock Multi-Sector Income Trust (BIT) and CMS Energy Corporation (CMS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIT or CMS.
Key characteristics
| BIT | CMS | |
|---|---|---|
| YTD Return | 7.02% | 19.95% |
| 1Y Return | 11.15% | 22.03% |
| 3Y Return (Ann) | 1.72% | 6.62% |
| 5Y Return (Ann) | 6.49% | 5.16% |
| 10Y Return (Ann) | 7.79% | 10.81% |
| Sharpe Ratio | 1.36 | 1.29 |
| Sortino Ratio | 2.06 | 1.87 |
| Omega Ratio | 1.25 | 1.23 |
| Calmar Ratio | 1.68 | 1.08 |
| Martin Ratio | 3.89 | 6.76 |
| Ulcer Index | 2.86% | 3.21% |
| Daily Std Dev | 8.18% | 16.81% |
| Max Drawdown | -43.54% | -91.20% |
| Current Drawdown | -1.89% | -5.79% |
Fundamentals
| BIT | CMS | |
|---|---|---|
| Market Cap | $571.63M | $20.35B |
| EPS | $0.60 | $3.51 |
| PE Ratio | 24.63 | 19.40 |
Correlation
The correlation between BIT and CMS is 0.15, 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. CMS - Performance Comparison
In the year-to-date period, BIT achieves a 7.02% return, which is significantly lower than CMS's 19.95% return. Over the past 10 years, BIT has underperformed CMS with an annualized return of 7.79%, while CMS has yielded a comparatively higher 10.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BIT vs. CMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Sector Income Trust (BIT) and CMS Energy Corporation (CMS). 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.
Dividends
BIT vs. CMS - Dividend Comparison
BIT's dividend yield for the trailing twelve months is around 10.06%, more than CMS's 3.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIT BlackRock Multi-Sector Income Trust | 10.06% | 9.92% | 9.60% | 8.20% | 8.48% | 8.86% | 9.14% | 8.45% | 11.67% | 9.42% | 8.87% | 6.84% |
CMS CMS Energy Corporation | 3.06% | 3.36% | 2.91% | 2.67% | 2.67% | 2.43% | 2.88% | 2.81% | 2.98% | 3.22% | 3.11% | 3.81% |
Drawdowns
BIT vs. CMS - Drawdown Comparison
The maximum BIT drawdown since its inception was -43.54%, smaller than the maximum CMS drawdown of -91.20%. Use the drawdown chart below to compare losses from any high point for BIT and CMS. For additional features, visit the drawdowns tool.
Volatility
BIT vs. CMS - Volatility Comparison
The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 1.59%, while CMS Energy Corporation (CMS) has a volatility of 5.63%. This indicates that BIT experiences smaller price fluctuations and is considered to be less risky than CMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BIT vs. CMS - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Multi-Sector Income Trust and CMS Energy Corporation. 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