PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BLE vs. NBH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BLE and NBH is 0.34, 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.


-0.50.00.51.00.3

Performance

BLE vs. NBH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Municipal Income Trust II (BLE) and Neuberger Berman Municipal Fund Inc. (NBH). The values are adjusted to include any dividend payments, if applicable.

120.00%140.00%160.00%180.00%200.00%220.00%JulyAugustSeptemberOctoberNovemberDecember
207.29%
130.56%
BLE
NBH

Key characteristics

Sharpe Ratio

BLE:

0.59

NBH:

0.82

Sortino Ratio

BLE:

0.85

NBH:

1.23

Omega Ratio

BLE:

1.11

NBH:

1.14

Calmar Ratio

BLE:

0.18

NBH:

0.22

Martin Ratio

BLE:

2.31

NBH:

3.64

Ulcer Index

BLE:

2.20%

NBH:

2.07%

Daily Std Dev

BLE:

8.62%

NBH:

9.18%

Max Drawdown

BLE:

-55.26%

NBH:

-43.52%

Current Drawdown

BLE:

-22.26%

NBH:

-28.78%

Fundamentals

Market Cap

BLE:

$507.82M

NBH:

$310.10M

EPS

BLE:

$0.61

NBH:

$0.23

PE Ratio

BLE:

17.44

NBH:

45.52

PEG Ratio

BLE:

0.00

NBH:

0.00

Total Revenue (TTM)

BLE:

$28.72M

NBH:

$3.95M

Gross Profit (TTM)

BLE:

$24.28M

NBH:

$2.28M

EBITDA (TTM)

BLE:

$8.99M

NBH:

$43.98M

Returns By Period

In the year-to-date period, BLE achieves a 5.19% return, which is significantly lower than NBH's 6.20% return. Over the past 10 years, BLE has outperformed NBH with an annualized return of 1.32%, while NBH has yielded a comparatively lower 1.14% annualized return.


BLE

YTD

5.19%

1M

-0.90%

6M

2.06%

1Y

4.50%

5Y*

-2.18%

10Y*

1.32%

NBH

YTD

6.20%

1M

-1.20%

6M

2.96%

1Y

5.37%

5Y*

-2.94%

10Y*

1.14%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

BLE vs. NBH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Municipal Income Trust II (BLE) and Neuberger Berman Municipal Fund Inc. (NBH). 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.


Sharpe ratio
The chart of Sharpe ratio for BLE, currently valued at 0.59, compared to the broader market-4.00-2.000.002.000.590.82
The chart of Sortino ratio for BLE, currently valued at 0.85, compared to the broader market-4.00-2.000.002.004.000.851.23
The chart of Omega ratio for BLE, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.14
The chart of Calmar ratio for BLE, currently valued at 0.18, compared to the broader market0.002.004.006.000.180.22
The chart of Martin ratio for BLE, currently valued at 2.31, compared to the broader market0.0010.0020.002.313.64
BLE
NBH

The current BLE Sharpe Ratio is 0.59, which is comparable to the NBH Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of BLE and NBH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.59
0.82
BLE
NBH

Dividends

BLE vs. NBH - Dividend Comparison

BLE's dividend yield for the trailing twelve months is around 5.94%, more than NBH's 5.11% yield.


TTM20232022202120202019201820172016201520142013
BLE
BlackRock Municipal Income Trust II
5.94%4.05%5.91%4.93%4.64%4.60%5.72%5.97%6.30%6.19%6.22%7.69%
NBH
Neuberger Berman Municipal Fund Inc.
5.11%4.52%6.10%4.86%4.89%4.83%6.02%5.56%5.54%5.73%5.47%5.98%

Drawdowns

BLE vs. NBH - Drawdown Comparison

The maximum BLE drawdown since its inception was -55.26%, which is greater than NBH's maximum drawdown of -43.52%. Use the drawdown chart below to compare losses from any high point for BLE and NBH. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-22.26%
-28.78%
BLE
NBH

Volatility

BLE vs. NBH - Volatility Comparison

BlackRock Municipal Income Trust II (BLE) and Neuberger Berman Municipal Fund Inc. (NBH) have volatilities of 2.82% and 2.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember
2.82%
2.73%
BLE
NBH

Financials

BLE vs. NBH - Financials Comparison

This section allows you to compare key financial metrics between BlackRock Municipal Income Trust II and Neuberger Berman Municipal Fund Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab