BTZ vs. SVOL
Compare and contrast key facts about BlackRock Credit Allocation Income Trust (BTZ) and Simplify Volatility Premium ETF (SVOL).
SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTZ or SVOL.
Correlation
The correlation between BTZ and SVOL is 0.31, 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
BTZ vs. SVOL - Performance Comparison
Key characteristics
BTZ:
1.21
SVOL:
0.50
BTZ:
1.70
SVOL:
0.72
BTZ:
1.22
SVOL:
1.13
BTZ:
0.61
SVOL:
0.60
BTZ:
4.55
SVOL:
3.63
BTZ:
2.64%
SVOL:
1.79%
BTZ:
9.92%
SVOL:
12.91%
BTZ:
-74.65%
SVOL:
-15.62%
BTZ:
-10.01%
SVOL:
-5.25%
Returns By Period
In the year-to-date period, BTZ achieves a 11.48% return, which is significantly higher than SVOL's 5.30% return.
BTZ
11.48%
-1.39%
3.42%
11.81%
2.91%
5.38%
SVOL
5.30%
-3.45%
-0.92%
6.50%
N/A
N/A
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Risk-Adjusted Performance
BTZ vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Credit Allocation Income Trust (BTZ) and Simplify Volatility Premium ETF (SVOL). 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
BTZ vs. SVOL - Dividend Comparison
BTZ's dividend yield for the trailing twelve months is around 9.62%, less than SVOL's 17.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTZ BlackRock Credit Allocation Income Trust | 9.62% | 9.77% | 9.15% | 6.70% | 6.85% | 6.24% | 7.19% | 6.28% | 6.92% | 7.88% | 7.52% | 7.32% |
SVOL Simplify Volatility Premium ETF | 17.04% | 16.37% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BTZ vs. SVOL - Drawdown Comparison
The maximum BTZ drawdown since its inception was -74.65%, which is greater than SVOL's maximum drawdown of -15.62%. Use the drawdown chart below to compare losses from any high point for BTZ and SVOL. For additional features, visit the drawdowns tool.
Volatility
BTZ vs. SVOL - Volatility Comparison
The current volatility for BlackRock Credit Allocation Income Trust (BTZ) is 3.17%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 5.06%. This indicates that BTZ experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.