BLE vs. VOO
Compare and contrast key facts about BlackRock Municipal Income Trust II (BLE) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLE or VOO.
Correlation
The correlation between BLE and VOO is 0.14, 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
BLE vs. VOO - Performance Comparison
Key characteristics
BLE:
0.90
VOO:
1.98
BLE:
1.27
VOO:
2.65
BLE:
1.16
VOO:
1.36
BLE:
0.27
VOO:
2.98
BLE:
2.58
VOO:
12.44
BLE:
2.87%
VOO:
2.02%
BLE:
8.17%
VOO:
12.69%
BLE:
-55.26%
VOO:
-33.99%
BLE:
-20.16%
VOO:
0.00%
Returns By Period
In the year-to-date period, BLE achieves a 3.58% return, which is significantly lower than VOO's 4.06% return. Over the past 10 years, BLE has underperformed VOO with an annualized return of 1.82%, while VOO has yielded a comparatively higher 13.30% annualized return.
BLE
3.58%
3.24%
-0.09%
5.99%
-2.33%
1.82%
VOO
4.06%
2.87%
10.75%
23.12%
14.36%
13.30%
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Risk-Adjusted Performance
BLE vs. VOO — Risk-Adjusted Performance Rank
BLE
VOO
BLE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Municipal Income Trust II (BLE) and Vanguard S&P 500 ETF (VOO). 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
BLE vs. VOO - Dividend Comparison
BLE's dividend yield for the trailing twelve months is around 5.36%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLE BlackRock Municipal Income Trust II | 5.36% | 5.99% | 4.05% | 5.91% | 4.93% | 4.64% | 4.60% | 5.72% | 5.97% | 6.30% | 6.19% | 6.22% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
BLE vs. VOO - Drawdown Comparison
The maximum BLE drawdown since its inception was -55.26%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BLE and VOO. For additional features, visit the drawdowns tool.
Volatility
BLE vs. VOO - Volatility Comparison
The current volatility for BlackRock Municipal Income Trust II (BLE) is 1.86%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.13%. This indicates that BLE experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.