BGT vs HPF

Comparison between BlackRock Floating Rate Income Trust (BGT, ETF) and John Hancock Preferred Income Fund II (HPF, ETF).

5-Year PerformanceBGT has outperformed HPF, delivering a return of +6.8% compared to +2.9%

BGT vs HPF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BGT(ETF)	HPF(ETF)
Net Assets	$339M	$338M
Max Drawdown	64.14%	74.26%
Sharpe Ratio	-0.47	0.73
5Y Beta	0.36	0.39
5Y Dividends CAGR	13.06%	3.40%

Net Assets

Winner

BGT

$339M

HPF

$338M

Max Drawdown

Winner

BGT

64.14%

HPF

74.26%

Sharpe Ratio

BGT

-0.47

Winner

HPF

0.73

5Y Beta

Winner

BGT

0.36

HPF

0.39

5Y Dividends CAGR

Winner

BGT

13.06%

HPF

3.40%

BGT vs HPF - Historical Returns

Returns include dividend reinvestment.

Period	BGT	HPF
1 month	-1.35%	-0.74%
3 months	+0.59%	+0.45%
6 months	+2.14%	+1.58%
1 year	-1.90%	+9.54%
5 years(CAGR)	+6.83%	+2.92%
10 years(CAGR)	+6.13%	+4.89%
Max(CAGR)	+5.25%	+6.94%

BGT

-1.35%

Winner

HPF

-0.74%

Winner

BGT

+0.59%

HPF

+0.45%

Winner

BGT

+2.14%

HPF

+1.58%

BGT

-1.90%

Winner

HPF

+9.54%

5Y(CAGR)

Winner

BGT

+6.83%

HPF

+2.92%

10Y(CAGR)

Winner

BGT

+6.13%

HPF

+4.89%

Max(CAGR)

BGT

+5.25%

Winner

HPF

+6.94%

BGT vs HPF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	BGT	HPF
2026	-0.28%	+2.06%
2025	-1.46%	+5.47%
2024	+17.10%	+11.75%
2023	+25.02%	+9.70%
2022	-14.22%	-18.34%
2021	+26.55%	+19.11%
2020	-1.30%	-7.71%
2019	+17.15%	+24.95%
2018	-13.82%	-4.87%
2017	+4.04%	+13.87%
2016	+19.09%	+11.23%
2015	+2.40%	+3.45%
2014	-2.37%	+22.16%
2013	-3.09%	-12.91%
2012	+19.80%	+10.84%
2011	-11.00%	+22.05%
2010	+28.58%	+18.20%
2009	+80.65%	+34.03%
2008	-41.10%	-22.68%
2007	-10.63%	-20.11%
2006	+21.74%	+30.35%
2005	-1.79%	-7.39%
2004	-4.99%	+5.52%
2003	N/A	+13.94%
2002	N/A	-0.04%

BGT vs HPF Drawdown Comparison

The maximum drawdown for BGT was -58.00%, occurring on Dec 15, 2008. Recovery took 643 trading sessions.

The maximum drawdown for HPF was -66.58%, occurring on Mar 9, 2009. Recovery took 806 trading sessions.

The current BGT drawdown is -6.70%. The current HPF drawdown is -2.94%.

Rank	BGT	HPF
#1	-58.00% Jul 9, 2007 - Jan 26, 2010	-66.58% May 10, 2007 - Jul 22, 2010
#2	-41.92% Jan 23, 2020 - Jan 15, 2021	-54.74% Feb 19, 2020 - Apr 1, 2021
#3	-24.68% Dec 31, 2010 - Sep 12, 2012	-31.20% Aug 30, 2021 - Sep 16, 2024
#4	-23.18% Dec 29, 2021 - Dec 14, 2023	-24.59% May 8, 2013 - Jan 9, 2015
#5	-15.97% Mar 2, 2010 - Oct 1, 2010	-21.13% Mar 31, 2004 - Nov 26, 2004
#6	-15.96% Mar 16, 2018 - Dec 4, 2019	-17.84% Sep 12, 2018 - Jan 31, 2019
#7	-15.93% Dec 16, 2024 - Jul 2, 2025	-16.95% Sep 8, 2016 - May 26, 2017
#8	-15.48% May 22, 2013 - Aug 24, 2016	-16.90% Oct 10, 2024 - Apr 8, 2025
#9	-11.68% Sep 22, 2004 - Feb 10, 2006	-15.14% Feb 9, 2005 - Mar 22, 2006
#10	-11.08% Aug 1, 2025 - Mar 27, 2026	-13.58% Jul 22, 2011 - Aug 29, 2011
#11	-8.95% Oct 19, 2012 - Jan 3, 2013	-11.26% Apr 24, 2015 - Jan 8, 2016
#12	-8.30% May 15, 2024 - Oct 30, 2024	-11.24% Oct 16, 2012 - Mar 20, 2013
#13	-6.41% Apr 25, 2017 - Jan 2, 2018	-9.84% Sep 9, 2010 - May 3, 2011
#14	-6.10% Oct 14, 2010 - Nov 30, 2010	-9.53% Aug 3, 2017 - Jun 8, 2018
#15	-5.68% Feb 6, 2007 - Apr 5, 2007	-9.52% Aug 31, 2011 - Dec 22, 2011

Correlation

Correlation between BGT and HPF is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2003 - 2026)

BGT vs HPF dividend yield comparison.

Year	BGT	HPF
2026	5.64%	3.90%
2025	12.74%	9.22%
2024	11.23%	8.95%
2023	10.36%	9.39%
2022	6.87%	9.45%
2021	5.55%	7.10%
2020	7.58%	7.80%
2019	6.33%	7.32%
2018	6.64%	8.96%
2017	5.03%	7.82%
2016	5.03%	8.30%
2015	6.04%	7.85%
2014	6.65%	8.26%
2013	6.41%	9.39%
2012	7.08%	7.76%
2011	8.11%	8.41%
2010	6.15%	8.00%
2009	6.90%	9.10%
2008	23.76%	14.09%
2007	10.08%	9.97%
2006	7.60%	9.02%
2005	7.13%	10.32%
2004	2.00%	8.59%
2003	0.00%	9.17%