WATT vs. BIT
WATT (Energous Corporation) and BIT (BlackRock Multi-Sector Income Trust) are both stocks. WATT operates in Scientific & Technical Instruments (Technology), while BIT operates in Asset Management (Financial Services). Over the past 10 years, WATT returned -46.56%/yr vs 6.88%/yr for BIT. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
WATT vs. BIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WATT achieves a 253.63% return, which is significantly higher than BIT's 0.22% return. Over the past 10 years, WATT has underperformed BIT with an annualized return of -46.56%, while BIT has yielded a comparatively higher 6.88% annualized return.
WATT
- 1D
- 0.57%
- 1M
- -41.43%
- 6M
- 78.61%
- YTD
- 253.63%
- 1Y
- 20.63%
- 3Y*
- -53.67%
- 5Y*
- -60.74%
- 10Y*
- -46.56%
- ALL TIME*
- -38.51%
BIT
- 1D
- 0.25%
- 1M
- -1.18%
- 6M
- -2.06%
- YTD
- 0.22%
- 1Y
- -3.84%
- 3Y*
- 5.01%
- 5Y*
- 2.35%
- 10Y*
- 6.88%
- ALL TIME*
- 5.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.17M | $3.39M | $3.44M | |
| $2.21M | $3.81M | $7.18M |
WATT vs. BIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WATT Energous Corporation | 253.63% | -86.83% | -44.81% | -89.06% | -33.12% | -30.56% | 1.69% | -69.43% | -70.23% | 15.43% |
BIT BlackRock Multi-Sector Income Trust | 0.22% | 2.31% | 7.43% | 16.78% | -14.41% | 12.04% | 19.67% | 14.50% | -8.04% | 19.97% |
Correlation
The correlation between WATT and BIT is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2014 | 0.15 |
Fundamentals
WATT:
$20.95M
BIT:
$697.88M
WATT:
-$3.39
BIT:
$1.37
WATT:
3.92
BIT:
7.61
WATT:
1.28
BIT:
0.88
WATT:
$8.37M
BIT:
$91.75M
WATT:
$3.00M
BIT:
$76.64M
WATT:
-$8.08M
BIT:
$105.25M
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
WATT vs. BIT — Risk / Return Rank
WATT
BIT
WATT vs. BIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energous Corporation (WATT) and BlackRock Multi-Sector Income Trust (BIT). 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.
| WATT | BIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.93 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.44 | +0.69 |
| Martin ratioReturn relative to average drawdown | 0.45 | -0.79 | +1.24 |
Loading charts...
Drawdowns
WATT vs. BIT - Drawdown Comparison
The maximum WATT drawdown since its inception was -99.98%, which is greater than BIT's maximum drawdown of -43.54%. Use the drawdown chart below to compare losses from any high point for WATT and BIT.
Loading charts...
Drawdown Indicators
| WATT | BIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -43.54% | -56.44% |
Max Drawdown (1Y)Largest decline over 1 year | -70.89% | -8.99% | -61.90% |
Max Drawdown (3Y)Largest decline over 3 years | -97.64% | -10.42% | -87.22% |
Max Drawdown (5Y)Largest decline over 5 years | -99.77% | -23.72% | -76.05% |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | -43.54% | -56.44% |
Current DrawdownCurrent decline from peak | -99.93% | -5.33% | -94.60% |
Average DrawdownAverage peak-to-trough decline | -73.32% | -4.87% | -68.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.07% | 5.07% | +34.00% |
Volatility
WATT vs. BIT - Volatility Comparison
Energous Corporation (WATT) has a higher volatility of 29.61% compared to BlackRock Multi-Sector Income Trust (BIT) at 1.72%. This indicates that WATT's price experiences larger fluctuations and is considered to be riskier than BIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WATT | BIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.61% | 1.72% | +27.89% |
Volatility (6M)Calculated over the trailing 6-month period | 87.44% | 6.24% | +81.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 121.31% | 8.37% | +112.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 266.81% | 12.04% | +254.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 214.07% | 15.98% | +198.09% |
Dividends
WATT vs. BIT - Dividend Comparison
WATT has not paid dividends to shareholders, while BIT's dividend yield for the trailing twelve months is around 12.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIT BlackRock Multi-Sector Income Trust | 12.11% | 11.15% | 10.17% | 9.90% | 9.58% | 8.18% | 8.46% | 8.84% | 9.12% | 8.44% | 11.65% | 8.66% |
WATT Energous Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WATT vs. BIT - Financials Comparison
This section allows you to compare key financial metrics between Energous Corporation and BlackRock Multi-Sector 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
Frequently Asked Questions
WATT and BIT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WATT has higher volatility (29.61%) compared to BIT (1.72%). In terms of maximum drawdown, WATT dropped -99.98% vs BIT's -43.54%.
WATT currently has the higher Sharpe Ratio (0.15 vs -0.48), 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 WATT and BIT
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