BRLN vs. BREM
BRLN (BlackRock Floating Rate Loan ETF) and BREM (iShares Emerging Markets Bond Active ETF) are both exchange-traded funds - BRLN is a Bank Loan fund actively managed by BlackRock, while BREM is a Emerging Markets Bonds fund actively managed by BlackRock. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. BRLN charges 0.55%/yr vs 0.50%/yr for BREM.
Performance
BRLN vs. BREM - Performance Comparison
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Returns By Period
In the year-to-date period, BRLN achieves a 1.35% return, which is significantly lower than BREM's 3.26% return.
BRLN
- 1D
- -0.21%
- 1M
- 0.94%
- YTD
- 1.35%
- 6M
- 2.23%
- 1Y
- 5.10%
- 3Y*
- 7.36%
- 5Y*
- —
- 10Y*
- —
BREM
- 1D
- -0.21%
- 1M
- 1.16%
- YTD
- 3.26%
- 6M
- 3.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRLN vs. BREM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 1.35% | 1.93% |
BREM iShares Emerging Markets Bond Active ETF | 3.26% | 2.74% |
Correlation
The correlation between BRLN and BREM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025 | 0.19 |
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Return for Risk
BRLN vs. BREM — Risk / Return Rank
BRLN
BREM
BRLN vs. BREM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Loan ETF (BRLN) and iShares Emerging Markets Bond Active ETF (BREM). 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.
| BRLN | BREM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | — | — |
| Martin ratioReturn relative to average drawdown | 9.95 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRLN | BREM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.19 | 1.75 | +0.44 |
Drawdowns
BRLN vs. BREM - Drawdown Comparison
The maximum BRLN drawdown since its inception was -3.85%, smaller than the maximum BREM drawdown of -4.54%. Use the drawdown chart below to compare losses from any high point for BRLN and BREM.
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Drawdown Indicators
| BRLN | BREM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.85% | -4.54% | +0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.85% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -0.21% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -0.67% | +0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | — | — |
Volatility
BRLN vs. BREM - Volatility Comparison
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Volatility by Period
| BRLN | BREM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.06% | 5.70% | -2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.73% | 5.70% | -1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.73% | 5.70% | -1.97% |
BRLN vs. BREM - Expense Ratio Comparison
BRLN has a 0.55% expense ratio, which is higher than BREM's 0.50% expense ratio.
Dividends
BRLN vs. BREM - Dividend Comparison
BRLN's dividend yield for the trailing twelve months is around 6.35%, more than BREM's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BREM iShares Emerging Markets Bond Active ETF | 3.91% | 1.19% | 0.00% | 0.00% | 0.00% |
BRLN BlackRock Floating Rate Loan ETF | 6.35% | 6.50% | 7.87% | 9.06% | 1.48% |
Frequently Asked Questions
BRLN and BREM have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BREM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BREM is cheaper with a 0.50% expense ratio, compared with 0.55% for BRLN.
BRLN has the higher dividend yield at 6.35%, compared with 3.91% for BREM.
BRLN is categorized as Bank Loan, while BREM is Emerging Markets Bonds. Their fees differ too: 0.55% for BRLN and 0.50% for BREM.
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