BRHYX vs. TLT
Compare and contrast key facts about BlackRock High Yield K (BRHYX) and iShares 20+ Year Treasury Bond ETF (TLT).
BRHYX is managed by BlackRock. It was launched on Jan 5, 2001. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRHYX or TLT.
Correlation
The correlation between BRHYX and TLT is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BRHYX vs. TLT - Performance Comparison
Key characteristics
BRHYX:
2.77
TLT:
-0.04
BRHYX:
4.49
TLT:
0.04
BRHYX:
1.65
TLT:
1.00
BRHYX:
5.35
TLT:
-0.01
BRHYX:
17.31
TLT:
-0.09
BRHYX:
0.57%
TLT:
6.82%
BRHYX:
3.56%
TLT:
13.76%
BRHYX:
-34.77%
TLT:
-48.35%
BRHYX:
-0.14%
TLT:
-41.71%
Returns By Period
In the year-to-date period, BRHYX achieves a 1.41% return, which is significantly lower than TLT's 1.75% return. Over the past 10 years, BRHYX has outperformed TLT with an annualized return of 4.95%, while TLT has yielded a comparatively lower -1.15% annualized return.
BRHYX
1.41%
0.70%
3.59%
9.87%
4.44%
4.95%
TLT
1.75%
1.01%
-7.53%
0.03%
-7.42%
-1.15%
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BRHYX vs. TLT - Expense Ratio Comparison
BRHYX has a 0.48% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
BRHYX vs. TLT — Risk-Adjusted Performance Rank
BRHYX
TLT
BRHYX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield K (BRHYX) and iShares 20+ Year Treasury Bond ETF (TLT). 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
BRHYX vs. TLT - Dividend Comparison
BRHYX's dividend yield for the trailing twelve months is around 7.07%, more than TLT's 4.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRHYX BlackRock High Yield K | 7.07% | 7.14% | 6.75% | 5.95% | 4.81% | 5.22% | 5.68% | 6.32% | 5.74% | 5.67% | 5.78% | 5.98% |
TLT iShares 20+ Year Treasury Bond ETF | 4.24% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
BRHYX vs. TLT - Drawdown Comparison
The maximum BRHYX drawdown since its inception was -34.77%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BRHYX and TLT. For additional features, visit the drawdowns tool.
Volatility
BRHYX vs. TLT - Volatility Comparison
The current volatility for BlackRock High Yield K (BRHYX) is 0.90%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.81%. This indicates that BRHYX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.