PHK vs. BTZ
Compare and contrast key facts about PIMCO High Income Fund (PHK) and BlackRock Credit Allocation Income Trust (BTZ).
Performance
PHK vs. BTZ - Performance Comparison
Loading graphics...
PHK vs. BTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHK PIMCO High Income Fund | -1.88% | 12.63% | 9.46% | 18.84% | -14.41% | 10.97% | -10.10% | 3.44% | 20.86% | -8.66% |
BTZ BlackRock Credit Allocation Income Trust | -4.47% | 13.70% | 11.25% | 12.78% | -27.11% | 9.34% | 13.25% | 33.62% | -10.31% | 9.36% |
Fundamentals
PHK:
$811.04M
BTZ:
$942.58M
PHK:
$1.07
BTZ:
$1.60
PHK:
4.33
BTZ:
6.31
PHK:
0.18
BTZ:
0.14
PHK:
4.90
BTZ:
5.77
PHK:
0.96
BTZ:
0.89
PHK:
$167.83M
BTZ:
$163.42M
PHK:
$163.06M
BTZ:
$152.69M
PHK:
$88.91M
BTZ:
$120.76M
Returns By Period
In the year-to-date period, PHK achieves a -1.88% return, which is significantly higher than BTZ's -4.47% return. Over the past 10 years, PHK has underperformed BTZ with an annualized return of 4.73%, while BTZ has yielded a comparatively higher 5.83% annualized return.
PHK
- 1D
- 4.28%
- 1M
- -4.36%
- YTD
- -1.88%
- 6M
- -1.57%
- 1Y
- 6.65%
- 3Y*
- 11.48%
- 5Y*
- 3.58%
- 10Y*
- 4.73%
BTZ
- 1D
- 3.70%
- 1M
- -4.01%
- YTD
- -4.47%
- 6M
- -4.19%
- 1Y
- 3.51%
- 3Y*
- 9.32%
- 5Y*
- 1.39%
- 10Y*
- 5.83%
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
PHK vs. BTZ — Risk / Return Rank
PHK
BTZ
PHK vs. BTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Income Fund (PHK) and BlackRock Credit Allocation Income Trust (BTZ). 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.
| PHK | BTZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | 0.32 | +0.18 |
Sortino ratioReturn per unit of downside risk | 0.73 | 0.51 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.08 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.75 | 0.42 | +0.33 |
Martin ratioReturn relative to average drawdown | 3.01 | 1.45 | +1.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PHK | BTZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 0.32 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.11 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.45 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.18 | +0.08 |
Correlation
The correlation between PHK and BTZ is 0.34, 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.
Dividends
PHK vs. BTZ - Dividend Comparison
PHK's dividend yield for the trailing twelve months is around 12.44%, more than BTZ's 9.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHK PIMCO High Income Fund | 12.44% | 11.85% | 11.85% | 11.54% | 12.18% | 9.37% | 10.62% | 10.57% | 12.09% | 13.29% | 13.54% | 16.98% |
BTZ BlackRock Credit Allocation Income Trust | 9.97% | 9.30% | 9.63% | 9.76% | 9.14% | 6.69% | 6.84% | 6.23% | 7.19% | 6.25% | 6.90% | 7.83% |
Drawdowns
PHK vs. BTZ - Drawdown Comparison
The maximum PHK drawdown since its inception was -75.29%, roughly equal to the maximum BTZ drawdown of -74.62%. Use the drawdown chart below to compare losses from any high point for PHK and BTZ.
Loading graphics...
Drawdown Indicators
| PHK | BTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.29% | -74.62% | -0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -9.29% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -26.76% | -34.67% | +7.91% |
Max Drawdown (10Y)Largest decline over 10 years | -51.30% | -35.32% | -15.98% |
Current DrawdownCurrent decline from peak | -5.33% | -5.94% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -9.83% | -12.58% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.68% | -0.33% |
Volatility
PHK vs. BTZ - Volatility Comparison
PIMCO High Income Fund (PHK) has a higher volatility of 8.01% compared to BlackRock Credit Allocation Income Trust (BTZ) at 5.77%. This indicates that PHK's price experiences larger fluctuations and is considered to be riskier than BTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PHK | BTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.01% | 5.77% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 9.34% | 7.05% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.43% | 11.14% | +2.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 12.78% | +1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.64% | 13.09% | +7.55% |
Financials
PHK vs. BTZ - Financials Comparison
This section allows you to compare key financial metrics between PIMCO High Income Fund and BlackRock Credit Allocation Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities