BKN vs. ^GSPC
Compare and contrast key facts about BlackRock Investment Quality Municipal Trust Inc. (BKN) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKN or ^GSPC.
Correlation
The correlation between BKN and ^GSPC is 0.10, 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
BKN vs. ^GSPC - Performance Comparison
Key characteristics
BKN:
0.19
^GSPC:
1.74
BKN:
0.35
^GSPC:
2.36
BKN:
1.04
^GSPC:
1.32
BKN:
0.06
^GSPC:
2.62
BKN:
0.36
^GSPC:
10.69
BKN:
5.92%
^GSPC:
2.08%
BKN:
11.22%
^GSPC:
12.76%
BKN:
-60.15%
^GSPC:
-56.78%
BKN:
-29.08%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, BKN achieves a 5.72% return, which is significantly higher than ^GSPC's 4.01% return. Over the past 10 years, BKN has underperformed ^GSPC with an annualized return of 2.23%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
BKN
5.72%
3.33%
-3.57%
2.13%
-1.38%
2.23%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
BKN vs. ^GSPC — Risk-Adjusted Performance Rank
BKN
^GSPC
BKN vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Investment Quality Municipal Trust Inc. (BKN) and S&P 500 (^GSPC). 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.
Drawdowns
BKN vs. ^GSPC - Drawdown Comparison
The maximum BKN drawdown since its inception was -60.15%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BKN and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BKN vs. ^GSPC - Volatility Comparison
The current volatility for BlackRock Investment Quality Municipal Trust Inc. (BKN) is 2.68%, while S&P 500 (^GSPC) has a volatility of 3.01%. This indicates that BKN experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.