PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BIT vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BIT vs. DGRO

Last updated Jul 21, 2026
Documentation

BIT (BlackRock Multi-Sector Income Trust) is a stock, while DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 10 years, BIT returned 6.90%/yr vs 13.13%/yr for DGRO. At a 0.36 correlation, their price movements are largely independent.

Performance

BIT vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Multi-Sector Income Trust (BIT) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, BIT achieves a 1.29% return, which is significantly lower than DGRO's 11.48% return. Over the past 10 years, BIT has underperformed DGRO with an annualized return of 6.90%, while DGRO has yielded a comparatively higher 13.13% annualized return.

BIT

1D
0.49%
1M
1.17%
6M
-0.39%
YTD
1.29%
1Y
-2.42%
3Y*
6.30%
5Y*
2.56%
10Y*
6.90%
ALL TIME*
6.08%

DGRO

1D
-0.58%
1M
2.50%
6M
8.20%
YTD
11.48%
1Y
20.92%
3Y*
15.71%
5Y*
10.91%
10Y*
13.13%
ALL TIME*
12.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIT vs. DGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BIT
BlackRock Multi-Sector Income Trust		1.29%2.31%7.43%16.78%-14.41%12.04%19.67%14.50%-8.04%19.97%
DGRO
iShares Core Dividend Growth ETF		11.48%15.69%16.62%10.47%-7.91%26.64%9.50%29.87%-2.38%23.00%

Correlation

The correlation between BIT and DGRO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.41

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.42

Correlation (10Y)
Calculated over the trailing 10-year period

0.36

Correlation (All Time)
Calculated using the full available price history since Jun 12, 2014

0.36

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BlackRock Multi-Sector Income Trust

iShares Core Dividend Growth ETF

Often compared with BIT:
BIT vs. SPYBIT vs. BTC-USDBIT vs. BITOBIT vs. IYWBIT vs. QQQBIT vs. BTZBIT vs. BGT
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

BIT vs. DGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIT
BIT Risk / Return Rank: 3131
Overall Rank
BIT Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
BIT Sortino Ratio Rank: 2626
Sortino Ratio Rank
BIT Omega Ratio Rank: 2727
Omega Ratio Rank
BIT Calmar Ratio Rank: 3636
Calmar Ratio Rank
BIT Martin Ratio Rank: 3636
Martin Ratio Rank
DGRO
DGRO Risk / Return Rank: 8686
Overall Rank
DGRO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 8989
Sortino Ratio Rank
DGRO Omega Ratio Rank: 8787
Omega Ratio Rank
DGRO Calmar Ratio Rank: 8282
Calmar Ratio Rank
DGRO Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIT vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Multi-Sector Income Trust (BIT) and iShares Core Dividend Growth ETF (DGRO). 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.

BITDGRODifference
Sharpe ratioReturn per unit of total volatility
-0.29
2.20

-2.50

Sortino ratioReturn per unit of downside risk
-0.34
3.23

-3.57

Omega ratioGain probability vs. loss probability

0.96

1.40

-0.44

Calmar ratioReturn relative to maximum drawdown

-0.27

3.25

-3.52

Martin ratioReturn relative to average drawdown

-0.49

12.53

-13.02

BIT vs. DGRO - Sharpe Ratio Comparison

The current BIT Sharpe Ratio is -0.29, which is lower than the DGRO Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of BIT and DGRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

BIT vs. DGRO - Drawdown Comparison

The maximum BIT drawdown since its inception was -43.54%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for BIT and DGRO.

Loading charts...

Drawdown Indicators

BITDGRODifference

Max Drawdown

Largest peak-to-trough decline

-43.54%

-35.10%

-8.44%

Max Drawdown (1Y)

Largest decline over 1 year

-8.99%

-6.47%

-2.52%

Max Drawdown (3Y)

Largest decline over 3 years

-10.42%

-14.03%

+3.61%

Max Drawdown (5Y)

Largest decline over 5 years

-23.72%

-19.31%

-4.41%

Max Drawdown (10Y)

Largest decline over 10 years

-43.54%

-35.10%

-8.44%

Current Drawdown

Current decline from peak

-4.32%

-1.17%

-3.15%

Average Drawdown

Average peak-to-trough decline

-4.87%

-3.41%

-1.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.96%

1.67%

+3.29%

Volatility

BIT vs. DGRO - Volatility Comparison

The current volatility for BlackRock Multi-Sector Income Trust (BIT) is 1.67%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 2.73%. This indicates that BIT experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

BITDGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.67%

2.73%

-1.06%

Volatility (6M)

Calculated over the trailing 6-month period

6.21%

7.14%

-0.93%

Volatility (1Y)

Calculated over the trailing 1-year period

8.31%

9.56%

-1.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.04%

13.78%

-1.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.99%

16.58%

-0.59%

Dividends

BIT vs. DGRO - Dividend Comparison

BIT's dividend yield for the trailing twelve months is around 11.98%, more than DGRO's 1.93% yield.

PositionTTM20252024202320222021202020192018201720162015
BIT
BlackRock Multi-Sector Income Trust		11.98%11.15%10.17%9.90%9.58%8.18%8.46%8.84%9.12%8.44%11.65%8.66%
DGRO
iShares Core Dividend Growth ETF		1.93%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%

Frequently Asked Questions

BIT and DGRO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DGRO has higher volatility (2.73%) compared to BIT (1.67%). In terms of maximum drawdown, BIT dropped -43.54% vs DGRO's -35.10%.

DGRO currently has the higher Sharpe Ratio (2.20 vs -0.29), 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.

Portfolio Optimizer

Find the right allocation for BIT and DGRO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer