XFLT vs. BGR

Last updated Jun 4, 2026

XFLT (XAI Octagon Floating Rate & Alternative Income Term Trust) and BGR (BlackRock Energy and Resources Trust) are both stocks. Both are in the Financial Services sector — XFLT in Capital Markets, BGR in Asset Management. Over the past 5 years, XFLT returned -4.22%/yr vs 17.50%/yr for BGR. At a 0.20 correlation, their price movements are largely independent.

Performance

XFLT vs. BGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and BlackRock Energy and Resources Trust (BGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XFLT achieves a -18.19% return, which is significantly lower than BGR's 22.44% return.

XFLT

• 1D: -1.03%
• 1M: -0.78%
• YTD: -18.19%
• 6M: -13.88%
• 1Y: -24.87%
• 3Y*: -4.26%
• 5Y*: -4.22%
• 10Y*: —

BGR

• 1D: 0.63%
• 1M: -3.95%
• YTD: 22.44%
• 6M: 19.36%
• 1Y: 37.77%
• 3Y*: 18.67%
• 5Y*: 17.50%
• 10Y*: 8.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XFLT vs. BGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust	-18.19%	-15.35%	7.37%	30.40%	-20.30%	31.30%	5.13%	22.05%	-15.10%	-5.55%
BGR BlackRock Energy and Resources Trust	22.44%	17.34%	8.07%	5.73%	38.90%	40.25%	-34.78%	23.32%	-21.21%	5.21%

Correlation

The correlation between XFLT and BGR is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017	0.20

The correlation between XFLT and BGR shifts across timeframes, from 0.03 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap XFLT : $1.39B BGR : $409.08M
EPS XFLT : $0.77 BGR : $2.14
PE Ratio XFLT : 23.66 BGR : 7.50
PEG Ratio XFLT : 0.46 BGR : 0.25
PS Ratio XFLT : 9.55 BGR : 11.97
PB Ratio XFLT : 3.12 BGR : 1.13
Total Revenue (TTM) XFLT : $145.51M BGR : $34.17M
Gross Profit (TTM) XFLT : $71.02M BGR : $32.15M
EBITDA (TTM) XFLT : $94.88M BGR : $37.24M

Return for Risk

XFLT vs. BGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XFLT

XFLT Risk / Return Rank: 8
XFLT Sharpe Ratio Rank: 2
XFLT Sortino Ratio Rank: 3
XFLT Omega Ratio Rank: 5
XFLT Calmar Ratio Rank: 18
XFLT Martin Ratio Rank: 10

BGR

BGR Risk / Return Rank: 86
BGR Sharpe Ratio Rank: 87
BGR Sortino Ratio Rank: 80
BGR Omega Ratio Rank: 86
BGR Calmar Ratio Rank: 87
BGR Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XFLT vs. BGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and BlackRock Energy and Resources Trust (BGR). 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.

	XFLT	BGR	Difference
Sharpe ratio Return per unit of total volatility	-1.22	1.95	-3.17
Sortino ratio Return per unit of downside risk	-1.78	2.35	-4.14
Omega ratio Gain probability vs. loss probability	0.79	1.37	-0.58
Calmar ratio Return relative to maximum drawdown	-0.61	3.88	-4.49
Martin ratio Return relative to average drawdown	-1.31	11.91	-13.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XFLT vs. BGR - Sharpe Ratio Comparison

The current XFLT Sharpe Ratio is -1.22, which is lower than the BGR Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of XFLT and BGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XFLT	BGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.22	1.95	-3.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	0.77	-0.97
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.21	-0.19

Drawdowns

XFLT vs. BGR - Drawdown Comparison

The maximum XFLT drawdown since its inception was -55.43%, smaller than the maximum BGR drawdown of -72.74%. Use the drawdown chart below to compare losses from any high point for XFLT and BGR.

Drawdown Indicators

	XFLT	BGR	Difference
Max Drawdown Largest peak-to-trough decline	-55.43%	-72.74%	+17.31%
Max Drawdown (1Y) Largest decline over 1 year	-40.67%	-9.79%	-30.88%
Max Drawdown (3Y) Largest decline over 3 years	-47.04%	-18.25%	-28.79%
Max Drawdown (5Y) Largest decline over 5 years	-47.04%	-24.81%	-22.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.16%	—
Current Drawdown Current decline from peak	-34.95%	-6.47%	-28.48%
Average Drawdown Average peak-to-trough decline	-14.37%	-20.25%	+5.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.08%	3.18%	+15.90%

Volatility

XFLT vs. BGR - Volatility Comparison

The current volatility for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 3.40%, while BlackRock Energy and Resources Trust (BGR) has a volatility of 7.41%. This indicates that XFLT experiences smaller price fluctuations and is considered to be less risky than BGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XFLT	BGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	7.41%	-4.01%
Volatility (6M) Calculated over the trailing 6-month period	18.32%	17.41%	+0.91%
Volatility (1Y) Calculated over the trailing 1-year period	20.42%	19.50%	+0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.10%	22.87%	-1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.18%	26.85%	-0.67%

Dividends

XFLT vs. BGR - Dividend Comparison

XFLT's dividend yield for the trailing twelve months is around 20.78%, more than BGR's 7.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGR BlackRock Energy and Resources Trust	7.27%	8.62%	6.66%	6.22%	4.62%	4.75%	9.26%	7.84%	8.91%	6.57%	6.90%	11.93%
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust	20.78%	18.23%	15.24%	13.61%	13.86%	9.82%	10.64%	10.63%	11.33%	1.47%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both XFLT and BGR in my portfolio?

XFLT and BGR have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XFLT or BGR?

BGR has higher volatility (7.41%) compared to XFLT (3.40%). In terms of maximum drawdown, XFLT dropped -55.43% vs BGR's -72.74%.

Which has better risk-adjusted returns?

BGR currently has the higher Sharpe Ratio (1.95 vs -1.22), 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.