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BKN vs. BINC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKN and BINC is 0.41, 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.


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 BlackRock Flexible Income ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BKN:

-0.37

BINC:

2.34

Sortino Ratio

BKN:

-0.45

BINC:

3.16

Omega Ratio

BKN:

0.94

BINC:

1.51

Calmar Ratio

BKN:

-0.14

BINC:

2.80

Martin Ratio

BKN:

-0.60

BINC:

12.30

Ulcer Index

BKN:

8.23%

BINC:

0.54%

Daily Std Dev

BKN:

12.50%

BINC:

2.88%

Max Drawdown

BKN:

-60.15%

BINC:

-2.37%

Current Drawdown

BKN:

-32.37%

BINC:

-0.19%

Returns By Period

In the year-to-date period, BKN achieves a 0.88% return, which is significantly lower than BINC's 1.82% return.


BKN

YTD

0.88%

1M

4.82%

6M

-8.06%

1Y

-4.17%

5Y*

-1.13%

10Y*

2.15%

BINC

YTD

1.82%

1M

2.21%

6M

2.21%

1Y

6.67%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

BKN vs. BINC — Risk-Adjusted Performance Rank

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

BKN
The Risk-Adjusted Performance Rank of BKN is 3030
Overall Rank
The Sharpe Ratio Rank of BKN is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of BKN is 2424
Sortino Ratio Rank
The Omega Ratio Rank of BKN is 2424
Omega Ratio Rank
The Calmar Ratio Rank of BKN is 3939
Calmar Ratio Rank
The Martin Ratio Rank of BKN is 3535
Martin Ratio Rank

BINC
The Risk-Adjusted Performance Rank of BINC is 9696
Overall Rank
The Sharpe Ratio Rank of BINC is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BINC is 9696
Sortino Ratio Rank
The Omega Ratio Rank of BINC is 9797
Omega Ratio Rank
The Calmar Ratio Rank of BINC is 9696
Calmar Ratio Rank
The Martin Ratio Rank of BINC is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BKN vs. BINC - Risk-Adjusted Performance Comparison

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


The current BKN Sharpe Ratio is -0.37, which is lower than the BINC Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of BKN and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BKN vs. BINC - Dividend Comparison

BKN's dividend yield for the trailing twelve months is around 6.21%, while BINC has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
BKN
BlackRock Investment Quality Municipal Trust Inc.
6.21%6.13%4.23%6.56%4.70%4.35%4.39%5.28%6.16%7.72%5.98%5.85%
BINC
BlackRock Flexible Income ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BKN vs. BINC - Drawdown Comparison

The maximum BKN drawdown since its inception was -60.15%, which is greater than BINC's maximum drawdown of -2.37%. Use the drawdown chart below to compare losses from any high point for BKN and BINC. For additional features, visit the drawdowns tool.


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Volatility

BKN vs. BINC - Volatility Comparison

BlackRock Investment Quality Municipal Trust Inc. (BKN) has a higher volatility of 4.59% compared to BlackRock Flexible Income ETF (BINC) at 0.91%. This indicates that BKN's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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