BGT vs SPY
Comparison between BlackRock Floating Rate Income Trust (BGT, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed BGT, delivering a return of +13.3% compared to +6.8%
BGT vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
BGT vs SPY - Historical Returns
Returns include dividend reinvestment.
BGT vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | BGT | SPY |
|---|---|---|
| 2026 | -0.28% | +8.26% |
| 2025 | -1.46% | +18.00% |
| 2024 | +17.10% | +25.59% |
| 2023 | +25.02% | +26.72% |
| 2022 | -14.22% | -18.64% |
| 2021 | +26.55% | +30.52% |
| 2020 | -1.30% | +17.28% |
| 2019 | +17.15% | +31.09% |
| 2018 | -13.82% | -5.24% |
| 2017 | +4.04% | +20.78% |
| 2016 | +19.09% | +13.59% |
| 2015 | +2.40% | +1.31% |
| 2014 | -2.37% | +14.56% |
| 2013 | -3.09% | +29.00% |
| 2012 | +19.80% | +14.17% |
| 2011 | -11.00% | +0.85% |
| 2010 | +28.58% | +13.14% |
| 2009 | +80.65% | +22.67% |
| 2008 | -41.10% | -36.25% |
| 2007 | -10.63% | +5.32% |
| 2006 | +21.74% | +13.85% |
| 2005 | -1.79% | +5.32% |
| 2004 | -4.99% | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
BGT vs SPY Drawdown Comparison
The maximum drawdown for BGT was -58.00%, occurring on Dec 15, 2008. Recovery took 643 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current BGT drawdown is -6.70%. The current SPY drawdown is -2.90%.
| Rank | BGT | SPY |
|---|---|---|
| #1 | -58.00% Jul 9, 2007 - Jan 26, 2010 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -41.92% Jan 23, 2020 - Jan 15, 2021 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -24.68% Dec 31, 2010 - Sep 12, 2012 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -23.18% Dec 29, 2021 - Dec 14, 2023 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -15.97% Mar 2, 2010 - Oct 1, 2010 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -15.96% Mar 16, 2018 - Dec 4, 2019 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -15.93% Dec 16, 2024 - Jul 2, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.48% May 22, 2013 - Aug 24, 2016 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -11.68% Sep 22, 2004 - Feb 10, 2006 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -11.08% Aug 1, 2025 - Mar 27, 2026 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -8.95% Oct 19, 2012 - Jan 3, 2013 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -8.30% May 15, 2024 - Oct 30, 2024 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -6.41% Apr 25, 2017 - Jan 2, 2018 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -6.10% Oct 14, 2010 - Nov 30, 2010 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -5.68% Feb 6, 2007 - Apr 5, 2007 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between BGT and SPY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
BGT vs SPY dividend yield comparison.
| Year | BGT | SPY |
|---|---|---|
| 2026 | 5.64% | 0.24% |
| 2025 | 12.74% | 1.07% |
| 2024 | 11.23% | 1.21% |
| 2023 | 10.36% | 1.40% |
| 2022 | 6.87% | 1.65% |
| 2021 | 5.55% | 1.20% |
| 2020 | 7.58% | 1.52% |
| 2019 | 6.33% | 1.75% |
| 2018 | 6.64% | 2.04% |
| 2017 | 5.03% | 1.80% |
| 2016 | 5.03% | 2.03% |
| 2015 | 6.04% | 2.06% |
| 2014 | 6.65% | 1.87% |
| 2013 | 6.41% | 1.81% |
| 2012 | 7.08% | 2.18% |
| 2011 | 8.11% | 2.05% |
| 2010 | 6.15% | 1.80% |
| 2009 | 6.90% | 1.95% |
| 2008 | 23.76% | 3.02% |
| 2007 | 10.08% | 1.85% |
| 2006 | 7.60% | 1.73% |
| 2005 | 7.13% | 1.73% |
| 2004 | 2.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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