BTZ vs. BIT
Compare and contrast key facts about BlackRock Credit Allocation Income Trust (BTZ) and BlackRock Multi-Sector Income Trust (BIT).
Performance
BTZ vs. BIT - Performance Comparison
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BTZ vs. BIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTZ BlackRock Credit Allocation Income Trust | -4.47% | 13.70% | 11.25% | 12.78% | -27.11% | 9.34% | 13.25% | 33.62% | -10.31% | 9.36% |
BIT BlackRock Multi-Sector Income Trust | -1.37% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
Fundamentals
BTZ:
$163.42M
BIT:
$85.81M
BTZ:
$152.69M
BIT:
$70.89M
BTZ:
$120.76M
BIT:
-$28.04M
Returns By Period
In the year-to-date period, BTZ achieves a -4.47% return, which is significantly lower than BIT's -1.37% return. Over the past 10 years, BTZ has underperformed BIT with an annualized return of 5.83%, while BIT has yielded a comparatively higher 7.81% annualized return.
BTZ
- 1D
- 3.70%
- 1M
- -4.01%
- YTD
- -4.47%
- 6M
- -4.19%
- 1Y
- 3.51%
- 3Y*
- 9.32%
- 5Y*
- 1.39%
- 10Y*
- 5.83%
BIT
- 1D
- 2.04%
- 1M
- -3.12%
- YTD
- -1.37%
- 6M
- -1.04%
- 1Y
- -0.80%
- 3Y*
- 6.34%
- 5Y*
- 2.95%
- 10Y*
- 7.81%
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Return for Risk
BTZ vs. BIT — Risk / Return Rank
BTZ
BIT
BTZ vs. BIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Credit Allocation Income Trust (BTZ) and BlackRock Multi-Sector Income Trust (BIT). 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.
| BTZ | BIT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | -0.07 | +0.39 |
Sortino ratioReturn per unit of downside risk | 0.51 | -0.02 | +0.52 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.00 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.42 | -0.07 | +0.49 |
Martin ratioReturn relative to average drawdown | 1.45 | -0.15 | +1.60 |
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
| BTZ | BIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | -0.07 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.25 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.49 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.40 | -0.22 |
Correlation
The correlation between BTZ and BIT is 0.39, 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.
Dividends
BTZ vs. BIT - Dividend Comparison
BTZ's dividend yield for the trailing twelve months is around 9.97%, less than BIT's 11.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTZ BlackRock Credit Allocation Income Trust | 9.97% | 9.30% | 9.63% | 9.76% | 9.14% | 6.69% | 6.84% | 6.23% | 7.19% | 6.25% | 6.90% | 7.83% |
BIT BlackRock Multi-Sector Income Trust | 11.72% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
Drawdowns
BTZ vs. BIT - Drawdown Comparison
The maximum BTZ drawdown since its inception was -74.62%, which is greater than BIT's maximum drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for BTZ and BIT.
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Drawdown Indicators
| BTZ | BIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.62% | -43.54% | -31.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.29% | -9.15% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -34.67% | -23.72% | -10.95% |
Max Drawdown (10Y)Largest decline over 10 years | -35.32% | -43.54% | +8.22% |
Current DrawdownCurrent decline from peak | -5.94% | -6.83% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -4.87% | -7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 4.45% | -1.77% |
Volatility
BTZ vs. BIT - Volatility Comparison
BlackRock Credit Allocation Income Trust (BTZ) has a higher volatility of 5.77% compared to BlackRock Multi-Sector Income Trust (BIT) at 3.96%. This indicates that BTZ's price experiences larger fluctuations and is considered to be riskier than BIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTZ | BIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 3.96% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 7.05% | 5.43% | +1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.14% | 11.51% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 12.06% | +0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.09% | 15.99% | -2.90% |
Financials
BTZ vs. BIT - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Credit Allocation Income Trust and BlackRock Multi-Sector Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities