BBN vs CERY

Comparison between BlackRock Taxable Municipal Bond Trust (BBN, ETF) and STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF (CERY, ETF).

BBN vs CERY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BBN(ETF)	CERY(ETF)
Net Assets	$1B	$1.10B
Expense Ratio	N/A	0.28%
Max Drawdown	47.35%	10.05%
Sharpe Ratio	0.51	2.00
5Y Beta	0.15	0.18
5Y Dividends CAGR	-1.78%	N/A

Net Assets

BBN

$1B

Winner

CERY

$1.10B

Expense Ratio

BBN

N/A

CERY

0.28%

Max Drawdown

BBN

47.35%

Winner

CERY

10.05%

Sharpe Ratio

BBN

0.51

Winner

CERY

2.00

5Y Beta

Winner

BBN

0.15

CERY

0.18

5Y Dividends CAGR

BBN

-1.78%

CERY

N/A

BBN vs CERY - Historical Returns

Returns include dividend reinvestment.

Period	BBN	CERY
1 month	-0.31%	-4.93%
3 months	-0.93%	+8.17%
6 months	-4.55%	+25.56%
1 year	+8.40%	+39.35%
5 years(CAGR)	-2.02%	N/A
10 years(CAGR)	+2.81%	N/A
Max(CAGR)	+5.59%	+26.72%

Winner

BBN

-0.31%

CERY

-4.93%

BBN

-0.93%

Winner

CERY

+8.17%

BBN

-4.55%

Winner

CERY

+25.56%

BBN

+8.40%

Winner

CERY

+39.35%

5Y(CAGR)

BBN

-2.02%

CERY

N/A

10Y(CAGR)

BBN

+2.81%

CERY

N/A

Max(CAGR)

BBN

+5.59%

Winner

CERY

+26.72%

BBN vs CERY - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BBN	CERY
2026	+0.82%	+25.10%
2025	+8.65%	+15.10%
2024	+5.90%	+3.92%
2023	+1.05%	N/A
2022	-30.35%	N/A
2021	+4.19%	N/A
2020	+15.34%	N/A
2019	+24.63%	N/A
2018	-2.70%	N/A
2017	+14.37%	N/A
2016	+9.49%	N/A
2015	+2.31%	N/A
2014	+25.88%	N/A
2013	-9.34%	N/A
2012	+14.55%	N/A
2011	+30.41%	N/A
2010	-10.94%	N/A

BBN vs CERY Drawdown Comparison

The maximum drawdown for BBN was -38.38%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The maximum drawdown for CERY was -10.05%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.

The current BBN drawdown is -18.52%. The current CERY drawdown is -6.83%.

Rank	BBN	CERY
#1	-38.38% Sep 15, 2021 - Oct 25, 2023	-10.05% Apr 2, 2025 - Jun 17, 2025
#2	-22.76% Mar 6, 2020 - Jul 24, 2020	-6.98% Jan 29, 2026 - Mar 2, 2026
#3	-17.90% Mar 6, 2013 - Jun 16, 2014	-6.83% May 12, 2026 - Jun 5, 2026
#4	-17.43% Aug 10, 2016 - Aug 22, 2017	-5.84% Oct 7, 2024 - Jan 15, 2025
#5	-15.13% Sep 17, 2010 - Jul 5, 2011	-4.45% Mar 12, 2026 - Apr 6, 2026
#6	-12.99% Feb 2, 2015 - Jan 11, 2016	-4.33% Jun 18, 2025 - Sep 15, 2025
#7	-11.77% Dec 29, 2020 - Aug 2, 2021	-4.07% Feb 19, 2025 - Apr 1, 2025
#8	-11.60% Jan 4, 2018 - Jan 25, 2019	-2.76% Nov 11, 2025 - Dec 1, 2025
#9	-7.66% Sep 4, 2019 - Jan 15, 2020	-2.54% Oct 8, 2025 - Oct 20, 2025
#10	-6.45% Mar 12, 2012 - Apr 27, 2012	-2.43% Dec 5, 2025 - Dec 22, 2025
#11	-6.16% Aug 1, 2012 - Mar 4, 2013	-2.20% Dec 26, 2025 - Jan 5, 2026
#12	-5.79% Jul 5, 2011 - Aug 3, 2011	-2.12% May 5, 2026 - May 11, 2026
#13	-5.55% Feb 26, 2020 - Mar 6, 2020	-1.99% Jan 15, 2025 - Feb 10, 2025
#14	-5.21% May 13, 2016 - Jun 13, 2016	-1.98% Sep 16, 2025 - Sep 26, 2025
#15	-5.21% Aug 7, 2020 - Sep 2, 2020	-1.94% Apr 6, 2026 - Apr 16, 2026

Correlation

Correlation between BBN and CERY is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2010 - 2026)

BBN vs CERY dividend yield comparison.

Year	BBN	CERY
2026	3.09%	0.00%
2025	7.01%	4.99%
2024	6.92%	0.52%
2023	7.16%	0.00%
2022	7.91%	0.00%
2021	5.45%	0.00%
2020	5.05%	0.00%
2019	5.66%	0.00%
2018	7.09%	0.00%
2017	6.82%	0.00%
2016	7.32%	0.00%
2015	7.54%	0.00%
2014	7.14%	0.00%
2013	8.26%	0.00%
2012	6.91%	0.00%
2011	6.86%	0.00%
2010	2.73%	0.00%