BLW vs. SPHY
Compare and contrast key facts about BlackRock Limited Duration Income Trust (BLW) and SPDR Portfolio High Yield Bond ETF (SPHY).
SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLW or SPHY.
Correlation
The correlation between BLW and SPHY 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
BLW vs. SPHY - Performance Comparison
Loading data...
Key characteristics
BLW:
1.07
SPHY:
1.41
BLW:
1.47
SPHY:
2.03
BLW:
1.25
SPHY:
1.30
BLW:
1.15
SPHY:
1.58
BLW:
6.53
SPHY:
8.33
BLW:
1.85%
SPHY:
0.92%
BLW:
11.08%
SPHY:
5.53%
BLW:
-44.58%
SPHY:
-21.97%
BLW:
-1.02%
SPHY:
-0.92%
Returns By Period
In the year-to-date period, BLW achieves a 2.28% return, which is significantly higher than SPHY's 1.29% return. Over the past 10 years, BLW has outperformed SPHY with an annualized return of 6.88%, while SPHY has yielded a comparatively lower 4.64% annualized return.
BLW
2.28%
5.61%
1.55%
11.78%
10.10%
6.88%
SPHY
1.29%
3.13%
0.88%
8.01%
6.57%
4.64%
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
BLW vs. SPHY — Risk-Adjusted Performance Rank
BLW
SPHY
BLW vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Limited Duration Income Trust (BLW) and SPDR Portfolio High Yield Bond ETF (SPHY). 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.
Loading data...
Dividends
BLW vs. SPHY - Dividend Comparison
BLW's dividend yield for the trailing twelve months is around 9.62%, more than SPHY's 7.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLW BlackRock Limited Duration Income Trust | 9.62% | 9.38% | 8.63% | 8.25% | 6.98% | 7.39% | 6.30% | 7.18% | 6.26% | 9.68% | 8.29% | 8.28% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.77% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
BLW vs. SPHY - Drawdown Comparison
The maximum BLW drawdown since its inception was -44.58%, which is greater than SPHY's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for BLW and SPHY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BLW vs. SPHY - Volatility Comparison
Loading data...