BKT vs. SPY
Compare and contrast key facts about BlackRock Income Trust (BKT) and SPDR S&P 500 ETF (SPY).
BKT is managed by Blackrock. It was launched on Jan 2, 1990. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKT or SPY.
Correlation
The correlation between BKT and SPY is 0.07, 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
BKT vs. SPY - Performance Comparison
Key characteristics
BKT:
1.06
SPY:
0.30
BKT:
1.54
SPY:
0.56
BKT:
1.20
SPY:
1.08
BKT:
0.37
SPY:
0.31
BKT:
3.30
SPY:
1.40
BKT:
3.27%
SPY:
4.18%
BKT:
10.18%
SPY:
19.64%
BKT:
-35.70%
SPY:
-55.19%
BKT:
-20.74%
SPY:
-13.86%
Returns By Period
In the year-to-date period, BKT achieves a 1.85% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, BKT has underperformed SPY with an annualized return of 1.64%, while SPY has yielded a comparatively higher 11.54% annualized return.
BKT
1.85%
-1.64%
-2.14%
9.43%
-1.09%
1.64%
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BKT vs. SPY - Expense Ratio Comparison
BKT has a 2.06% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BKT vs. SPY — Risk-Adjusted Performance Rank
BKT
SPY
BKT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Income Trust (BKT) and SPDR S&P 500 ETF (SPY). 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
BKT vs. SPY - Dividend Comparison
BKT's dividend yield for the trailing twelve months is around 9.30%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKT BlackRock Income Trust | 9.30% | 9.19% | 8.69% | 8.35% | 7.31% | 6.80% | 5.85% | 6.48% | 5.15% | 5.09% | 5.89% | 6.59% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BKT vs. SPY - Drawdown Comparison
The maximum BKT drawdown since its inception was -35.70%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BKT and SPY. For additional features, visit the drawdowns tool.
Volatility
BKT vs. SPY - Volatility Comparison
The current volatility for BlackRock Income Trust (BKT) is 4.31%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that BKT experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.