BKN vs. BINC

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Investment Quality Municipal Trust Inc. (BKN) and iShares Flexible Income Active ETF (BINC).

BINC is an actively managed fund by iShares. It was launched on May 19, 2023.

Performance

BKN vs. BINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Investment Quality Municipal Trust Inc. (BKN) and iShares Flexible Income Active ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

BKN vs. BINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BKN BlackRock Investment Quality Municipal Trust Inc.	4.07%	6.84%	-0.57%	8.37%
BINC iShares Flexible Income Active ETF	-0.50%	7.57%	5.76%	7.08%

Returns By Period

BKN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BINC

• 1D: 0.28%
• 1M: -1.67%
• YTD: -0.50%
• 6M: 0.74%
• 1Y: 5.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BKN vs. BINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BINC

BINC Risk / Return Rank: 82
BINC Sharpe Ratio Rank: 86
BINC Sortino Ratio Rank: 85
BINC Omega Ratio Rank: 90
BINC Calmar Ratio Rank: 74
BINC Martin Ratio Rank: 74

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.

BKN vs. BINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Investment Quality Municipal Trust Inc. (BKN) and iShares Flexible Income Active ETF (BINC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BKN	BINC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.32	—

Correlation

The correlation between BKN and BINC is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BKN vs. BINC - Dividend Comparison

BKN's dividend yield for the trailing twelve months is around 5.43%, less than BINC's 5.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKN BlackRock Investment Quality Municipal Trust Inc.	5.43%	6.11%	6.13%	4.23%	6.56%	4.70%	4.35%	4.39%	5.28%	6.16%	7.72%	5.98%
BINC iShares Flexible Income Active ETF	5.92%	5.86%	6.14%	3.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	BKN	BINC	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.69%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.69%	—
Current Drawdown Current decline from peak	—	-1.87%	—
Average Drawdown Average peak-to-trough decline	—	-0.33%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.66%	—

Volatility

Volatility by Period

	BKN	BINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.95%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.03%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.03%	—