BKN vs. BINC
Compare and contrast key facts about BlackRock Investment Quality Municipal Trust Inc. (BKN) and BlackRock Flexible Income ETF (BINC).
BINC is an actively managed fund by Blackrock. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKN or BINC.
Correlation
The correlation between BKN and BINC is 0.44, 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
Key characteristics
BKN:
0.12
BINC:
3.18
BKN:
0.24
BINC:
4.81
BKN:
1.03
BINC:
1.65
BKN:
0.04
BINC:
5.82
BKN:
0.22
BINC:
18.15
BKN:
5.94%
BINC:
0.40%
BKN:
11.18%
BINC:
2.29%
BKN:
-60.15%
BINC:
-1.95%
BKN:
-29.02%
BINC:
0.00%
Returns By Period
In the year-to-date period, BKN achieves a 5.82% return, which is significantly higher than BINC's 1.55% return.
BKN
5.82%
3.41%
-4.03%
1.13%
-1.36%
2.25%
BINC
1.55%
0.93%
2.50%
7.32%
N/A
N/A
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Risk-Adjusted Performance
BKN vs. BINC — Risk-Adjusted Performance Rank
BKN
BINC
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.
Dividends
BKN vs. BINC - Dividend Comparison
BKN's dividend yield for the trailing twelve months is around 5.86%, less than BINC's 6.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKN BlackRock Investment Quality Municipal Trust Inc. | 5.86% | 6.13% | 4.27% | 6.56% | 4.70% | 4.35% | 4.39% | 5.28% | 6.16% | 7.72% | 5.98% | 5.85% |
BINC BlackRock Flexible Income ETF | 6.38% | 6.13% | 3.13% | 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 -1.95%. Use the drawdown chart below to compare losses from any high point for BKN and BINC. For additional features, visit the drawdowns tool.
Volatility
BKN vs. BINC - Volatility Comparison
BlackRock Investment Quality Municipal Trust Inc. (BKN) has a higher volatility of 2.67% compared to BlackRock Flexible Income ETF (BINC) at 0.50%. 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.