BXMT vs. FLOT
BXMT (Blackstone Mortgage Trust, Inc.) is a stock, while FLOT (iShares Floating Rate Bond ETF) is Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note < 5 Years Index. Over the past 10 years, BXMT returned 4.56%/yr vs 3.06%/yr for FLOT. At a 0.08 correlation, their price movements are largely independent.
Performance
BXMT vs. FLOT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BXMT achieves a -4.24% return, which is significantly lower than FLOT's 2.31% return. Over the past 10 years, BXMT has outperformed FLOT with an annualized return of 4.56%, while FLOT has yielded a comparatively lower 3.06% annualized return.
BXMT
- 1D
- 1.58%
- 1M
- -2.55%
- 6M
- -6.06%
- YTD
- -4.24%
- 1Y
- -2.39%
- 3Y*
- 2.55%
- 5Y*
- -1.04%
- 10Y*
- 4.56%
FLOT
- 1D
- 0.02%
- 1M
- 0.36%
- 6M
- 2.15%
- YTD
- 2.31%
- 1Y
- 4.60%
- 3Y*
- 5.55%
- 5Y*
- 4.28%
- 10Y*
- 3.06%
BXMT vs. FLOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BXMT Blackstone Mortgage Trust, Inc. | -4.24% | 21.13% | -7.90% | 13.46% | -24.03% | 20.27% | -17.83% | 25.16% | 6.95% | 15.77% |
FLOT iShares Floating Rate Bond ETF | 2.31% | 4.91% | 6.53% | 6.43% | 1.28% | 0.45% | 0.87% | 3.97% | 1.48% | 1.65% |
Correlation
The correlation between BXMT and FLOT is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2011 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BXMT vs. FLOT — Risk / Return Rank
BXMT
FLOT
BXMT vs. FLOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Mortgage Trust, Inc. (BXMT) and iShares Floating Rate Bond ETF (FLOT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BXMT | FLOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.28 | ||
| Sortino ratioReturn per unit of downside risk | -11.12 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 3.03 | -2.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 10.71 | -10.88 |
| Martin ratioReturn relative to average drawdown | -0.38 | 99.01 | -99.39 |
Loading charts...
Drawdowns
BXMT vs. FLOT - Drawdown Comparison
The maximum BXMT drawdown since its inception was -97.98%, which is greater than FLOT's maximum drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for BXMT and FLOT.
Loading charts...
Drawdown Indicators
| BXMT | FLOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.98% | -13.54% | -84.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.51% | -0.43% | -14.08% |
Max Drawdown (3Y)Largest decline over 3 years | -23.29% | -1.57% | -21.72% |
Max Drawdown (5Y)Largest decline over 5 years | -43.02% | -2.36% | -40.66% |
Max Drawdown (10Y)Largest decline over 10 years | -67.86% | -13.54% | -54.32% |
Current DrawdownCurrent decline from peak | -35.72% | 0.00% | -35.72% |
Average DrawdownAverage peak-to-trough decline | -49.02% | -0.21% | -48.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.29% | 0.05% | +6.24% |
Volatility
BXMT vs. FLOT - Volatility Comparison
Blackstone Mortgage Trust, Inc. (BXMT) has a higher volatility of 6.84% compared to iShares Floating Rate Bond ETF (FLOT) at 0.15%. This indicates that BXMT's price experiences larger fluctuations and is considered to be riskier than FLOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BXMT | FLOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.84% | 0.15% | +6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 17.03% | 0.63% | +16.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.16% | 0.75% | +21.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.74% | 1.78% | +25.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.64% | 4.15% | +28.49% |
Dividends
BXMT vs. FLOT - Dividend Comparison
BXMT's dividend yield for the trailing twelve months is around 10.81%, more than FLOT's 4.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXMT Blackstone Mortgage Trust, Inc. | 10.81% | 9.83% | 12.52% | 11.66% | 11.71% | 8.10% | 9.01% | 6.66% | 7.78% | 7.71% | 8.25% | 8.52% |
FLOT iShares Floating Rate Bond ETF | 4.47% | 4.84% | 5.82% | 5.66% | 2.06% | 0.43% | 1.25% | 2.78% | 2.41% | 1.46% | 0.97% | 0.53% |
Frequently Asked Questions
BXMT and FLOT have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BXMT has higher volatility (6.84%) compared to FLOT (0.15%). In terms of maximum drawdown, BXMT dropped -97.98% vs FLOT's -13.54%.
FLOT currently has the higher Sharpe Ratio (6.17 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BXMT and FLOT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer