HYTR vs. BCAT
Compare and contrast key facts about CP High Yield Trend ETF (HYTR) and BlackRock Capital Allocation Trust (BCAT).
HYTR is a passively managed fund by Counterpoint Mutual Funds LLC that tracks the performance of the CP High Yield Trend Index. It was launched on Jan 21, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYTR or BCAT.
Correlation
The correlation between HYTR and BCAT is 0.37, 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
HYTR vs. BCAT - Performance Comparison
Key characteristics
HYTR:
1.30
BCAT:
1.51
HYTR:
1.87
BCAT:
2.22
HYTR:
1.29
BCAT:
1.27
HYTR:
1.35
BCAT:
1.02
HYTR:
7.49
BCAT:
8.70
HYTR:
1.00%
BCAT:
2.42%
HYTR:
5.75%
BCAT:
13.99%
HYTR:
-13.24%
BCAT:
-36.13%
HYTR:
-1.83%
BCAT:
-4.42%
Returns By Period
In the year-to-date period, HYTR achieves a 6.82% return, which is significantly lower than BCAT's 21.15% return.
HYTR
6.82%
-0.42%
4.25%
7.12%
N/A
N/A
BCAT
21.15%
-2.45%
6.27%
20.99%
N/A
N/A
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Risk-Adjusted Performance
HYTR vs. BCAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CP High Yield Trend ETF (HYTR) and BlackRock Capital Allocation Trust (BCAT). 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
HYTR vs. BCAT - Dividend Comparison
HYTR's dividend yield for the trailing twelve months is around 5.40%, less than BCAT's 17.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
HYTR CP High Yield Trend ETF | 5.40% | 5.43% | 1.24% | 3.71% | 3.06% |
BCAT BlackRock Capital Allocation Trust | 17.25% | 10.11% | 9.00% | 6.42% | 0.48% |
Drawdowns
HYTR vs. BCAT - Drawdown Comparison
The maximum HYTR drawdown since its inception was -13.24%, smaller than the maximum BCAT drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for HYTR and BCAT. For additional features, visit the drawdowns tool.
Volatility
HYTR vs. BCAT - Volatility Comparison
The current volatility for CP High Yield Trend ETF (HYTR) is 1.31%, while BlackRock Capital Allocation Trust (BCAT) has a volatility of 3.46%. This indicates that HYTR experiences smaller price fluctuations and is considered to be less risky than BCAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.