DIAL vs. BINC
Compare and contrast key facts about Columbia Diversified Fixed Income Allocation ETF (DIAL) and BlackRock Flexible Income ETF (BINC).
DIAL and BINC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIAL is a passively managed fund by Ameriprise Financial that tracks the performance of the Bloomberg Beta Advantage Multi-Sector Bond Index. It was launched on Oct 12, 2017. BINC is an actively managed fund by Blackrock. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIAL or BINC.
Correlation
The correlation between DIAL and BINC is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DIAL vs. BINC - Performance Comparison
Key characteristics
DIAL:
0.44
BINC:
2.35
DIAL:
0.64
BINC:
3.34
DIAL:
1.08
BINC:
1.46
DIAL:
0.19
BINC:
4.94
DIAL:
1.30
BINC:
14.22
DIAL:
1.96%
BINC:
0.44%
DIAL:
5.78%
BINC:
2.67%
DIAL:
-22.19%
BINC:
-1.95%
DIAL:
-8.20%
BINC:
-0.60%
Returns By Period
In the year-to-date period, DIAL achieves a 2.01% return, which is significantly lower than BINC's 5.72% return.
DIAL
2.01%
-0.38%
1.75%
2.27%
0.05%
N/A
BINC
5.72%
0.40%
3.70%
6.08%
N/A
N/A
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DIAL vs. BINC - Expense Ratio Comparison
DIAL has a 0.28% expense ratio, which is lower than BINC's 0.40% expense ratio.
Risk-Adjusted Performance
DIAL vs. BINC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Diversified Fixed Income Allocation ETF (DIAL) and BlackRock Flexible Income ETF (BINC). 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
DIAL vs. BINC - Dividend Comparison
DIAL's dividend yield for the trailing twelve months is around 4.61%, less than BINC's 6.14% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Columbia Diversified Fixed Income Allocation ETF | 4.61% | 3.76% | 3.48% | 2.46% | 2.61% | 3.28% | 3.58% | 0.65% |
BlackRock Flexible Income ETF | 6.14% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIAL vs. BINC - Drawdown Comparison
The maximum DIAL drawdown since its inception was -22.19%, which is greater than BINC's maximum drawdown of -1.95%. Use the drawdown chart below to compare losses from any high point for DIAL and BINC. For additional features, visit the drawdowns tool.
Volatility
DIAL vs. BINC - Volatility Comparison
Columbia Diversified Fixed Income Allocation ETF (DIAL) has a higher volatility of 1.63% compared to BlackRock Flexible Income ETF (BINC) at 0.76%. This indicates that DIAL's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.