ECAT vs. BGT
Compare and contrast key facts about BlackRock ESG Capital Allocation Term Trust (ECAT) and BlackRock Floating Rate Income Trust (BGT).
ECAT is managed by Blackrock. It was launched on Sep 28, 2021. BGT is managed by Blackrock. It was launched on Aug 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECAT or BGT.
Correlation
The correlation between ECAT and BGT is 0.38, 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
ECAT vs. BGT - Performance Comparison
Key characteristics
ECAT:
0.57
BGT:
0.17
ECAT:
0.87
BGT:
0.33
ECAT:
1.12
BGT:
1.05
ECAT:
0.64
BGT:
0.18
ECAT:
3.00
BGT:
0.65
ECAT:
3.35%
BGT:
4.28%
ECAT:
17.57%
BGT:
16.35%
ECAT:
-32.23%
BGT:
-58.31%
ECAT:
-10.30%
BGT:
-9.31%
Returns By Period
In the year-to-date period, ECAT achieves a -4.49% return, which is significantly higher than BGT's -5.50% return.
ECAT
-4.49%
-8.71%
-6.50%
10.20%
N/A
N/A
BGT
-5.50%
-4.76%
-4.49%
2.39%
11.69%
6.19%
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ECAT vs. BGT - Expense Ratio Comparison
ECAT has a 1.38% expense ratio, which is lower than BGT's 1.74% expense ratio.
Risk-Adjusted Performance
ECAT vs. BGT — Risk-Adjusted Performance Rank
ECAT
BGT
ECAT vs. BGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Capital Allocation Term Trust (ECAT) and BlackRock Floating Rate Income Trust (BGT). 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
ECAT vs. BGT - Dividend Comparison
ECAT's dividend yield for the trailing twelve months is around 24.00%, more than BGT's 12.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 24.00% | 17.45% | 9.14% | 8.94% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BGT BlackRock Floating Rate Income Trust | 12.35% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.44% | 6.04% | 6.65% |
Drawdowns
ECAT vs. BGT - Drawdown Comparison
The maximum ECAT drawdown since its inception was -32.23%, smaller than the maximum BGT drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for ECAT and BGT. For additional features, visit the drawdowns tool.
Volatility
ECAT vs. BGT - Volatility Comparison
BlackRock ESG Capital Allocation Term Trust (ECAT) and BlackRock Floating Rate Income Trust (BGT) have volatilities of 11.09% and 10.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.