BTA vs. VOO
Compare and contrast key facts about BlackRock Long-Term Municipal Advantage Trust (BTA) 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: BTA or VOO.
Key characteristics
| BTA | VOO | |
|---|---|---|
| YTD Return | 8.73% | 19.06% |
| 1Y Return | 18.74% | 26.65% |
| 3Y Return (Ann) | -5.15% | 9.85% |
| 5Y Return (Ann) | 2.25% | 15.18% |
| 10Y Return (Ann) | 5.08% | 12.95% |
| Sharpe Ratio | 1.48 | 2.18 |
| Daily Std Dev | 12.81% | 12.72% |
| Max Drawdown | -56.68% | -33.99% |
| Current Drawdown | -18.14% | -0.48% |
Correlation
The correlation between BTA and VOO is 0.12, 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
BTA vs. VOO - Performance Comparison
In the year-to-date period, BTA achieves a 8.73% return, which is significantly lower than VOO's 19.06% return. Over the past 10 years, BTA has underperformed VOO with an annualized return of 5.08%, while VOO has yielded a comparatively higher 12.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
BTA vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Long-Term Municipal Advantage Trust (BTA) 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
BTA vs. VOO - Dividend Comparison
BTA's dividend yield for the trailing twelve months is around 4.46%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTA BlackRock Long-Term Municipal Advantage Trust | 4.46% | 5.11% | 6.73% | 4.19% | 4.79% | 4.74% | 6.09% | 5.45% | 5.94% | 6.04% | 6.48% | 7.28% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BTA vs. VOO - Drawdown Comparison
The maximum BTA drawdown since its inception was -56.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BTA and VOO. For additional features, visit the drawdowns tool.
Volatility
BTA vs. VOO - Volatility Comparison
The current volatility for BlackRock Long-Term Municipal Advantage Trust (BTA) is 1.90%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.25%. This indicates that BTA 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.