BHK vs CNEQ

Comparison between BlackRock Core Bond Trust (BHK, ETF) and ALGER CONCENTRATED EQUITY ETF (CNEQ, ETF).

BHK vs CNEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BHK(ETF)	CNEQ(ETF)
Net Assets	$696M	$697M
Expense Ratio	N/A	0.56%
Max Drawdown	48.25%	27.58%
Sharpe Ratio	-0.13	1.65
5Y Beta	0.24	1.44
P/E Ratio	N/A	41.55
Forward P/E	N/A	28.63
PEG Ratio	N/A	0.37
5Y Dividends CAGR	1.24%	N/A
5Y EPS CAGR	N/A	43.04%

Net Assets

BHK

$696M

Winner

CNEQ

$697M

Expense Ratio

BHK

N/A

CNEQ

0.56%

Max Drawdown

BHK

48.25%

Winner

CNEQ

27.58%

Sharpe Ratio

BHK

-0.13

Winner

CNEQ

1.65

5Y Beta

Winner

BHK

0.24

CNEQ

1.44

P/E Ratio

BHK

N/A

CNEQ

41.55

Forward P/E

BHK

N/A

CNEQ

28.63

PEG Ratio

BHK

N/A

CNEQ

0.37

5Y Dividends CAGR

BHK

1.24%

CNEQ

N/A

5Y EPS CAGR

BHK

N/A

CNEQ

43.04%

BHK vs CNEQ - Historical Returns

Returns include dividend reinvestment.

Period	BHK	CNEQ
1 month	+1.74%	+2.47%
3 months	+0.93%	+28.40%
6 months	-1.52%	+17.74%
1 year	+2.07%	+46.46%
5 years(CAGR)	-3.09%	N/A
10 years(CAGR)	+3.00%	N/A
Max(CAGR)	+5.46%	+38.43%

BHK

+1.74%

Winner

CNEQ

+2.47%

BHK

+0.93%

Winner

CNEQ

+28.40%

BHK

-1.52%

Winner

CNEQ

+17.74%

BHK

+2.07%

Winner

CNEQ

+46.46%

5Y(CAGR)

BHK

-3.09%

CNEQ

N/A

10Y(CAGR)

BHK

+3.00%

CNEQ

N/A

Max(CAGR)

BHK

+5.46%

Winner

CNEQ

+38.43%

BHK vs CNEQ - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	BHK	CNEQ
2026	-1.62%	+18.63%
2025	+2.66%	+32.33%
2024	+4.91%	+28.84%
2023	+11.99%	N/A
2022	-31.47%	N/A
2021	+7.18%	N/A
2020	+17.82%	N/A
2019	+25.33%	N/A
2018	-7.99%	N/A
2017	+14.21%	N/A
2016	+9.41%	N/A
2015	+2.05%	N/A
2014	+10.11%	N/A
2013	-9.96%	N/A
2012	+16.46%	N/A
2011	+14.68%	N/A
2010	+13.74%	N/A
2009	+14.45%	N/A
2008	-1.78%	N/A
2007	-1.82%	N/A
2006	+2.94%	N/A
2005	+5.03%	N/A
2004	+8.21%	N/A
2003	+8.94%	N/A
2002	-0.03%	N/A
2001	+0.00%	N/A

BHK vs CNEQ Drawdown Comparison

The maximum drawdown for BHK was -39.55%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for CNEQ was -27.58%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The current BHK drawdown is -20.41%. The current CNEQ drawdown is -1.96%.

Rank	BHK	CNEQ
#1	-39.55% Sep 15, 2021 - Oct 20, 2022	-27.58% Feb 14, 2025 - Jun 6, 2025
#2	-30.64% May 27, 2008 - Jul 24, 2009	-19.31% Oct 29, 2025 - Apr 24, 2026
#3	-23.66% Feb 24, 2020 - Jun 10, 2020	-15.11% Jul 10, 2024 - Sep 25, 2024
#4	-19.40% Nov 12, 2012 - Jan 22, 2015	-8.57% Jun 2, 2026 - Jun 18, 2026
#5	-12.43% Jun 13, 2003 - Sep 20, 2004	-7.66% Apr 11, 2024 - May 15, 2024
#6	-12.08% Sep 28, 2010 - Sep 12, 2011	-7.47% Jan 23, 2025 - Feb 14, 2025
#7	-11.88% Dec 27, 2001 - Sep 18, 2002	-5.20% Oct 9, 2025 - Oct 28, 2025
#8	-10.94% Sep 12, 2005 - Oct 5, 2006	-4.68% Jan 6, 2025 - Jan 22, 2025
#9	-10.16% Aug 31, 2016 - May 18, 2017	-4.56% Dec 16, 2024 - Jan 6, 2025
#10	-9.78% Jan 2, 2018 - Mar 8, 2019	-4.25% Aug 12, 2025 - Sep 8, 2025
#11	-9.51% May 7, 2007 - Jan 24, 2008	-3.79% May 14, 2026 - May 21, 2026
#12	-9.08% Apr 24, 2015 - Mar 9, 2016	-3.42% Oct 29, 2024 - Nov 6, 2024
#13	-8.52% Jan 25, 2021 - Jun 15, 2021	-3.14% Jun 18, 2024 - Jul 3, 2024
#14	-8.50% Jan 24, 2008 - Apr 23, 2008	-2.88% Dec 6, 2024 - Dec 16, 2024
#15	-7.45% Oct 3, 2002 - Jan 17, 2003	-2.79% Nov 8, 2024 - Nov 19, 2024

Correlation

Correlation between BHK and CNEQ is -0.12 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.12

-101

Dividend Comparison (2002 - 2026)

BHK vs CNEQ dividend yield comparison.

Year	BHK	CNEQ
2026	5.00%	0.00%
2025	9.25%	0.52%
2024	8.56%	0.16%
2023	8.21%	0.00%
2022	7.91%	0.00%
2021	6.36%	0.00%
2020	5.06%	0.00%
2019	5.32%	0.00%
2018	6.39%	0.00%
2017	5.56%	0.00%
2016	6.23%	0.00%
2015	7.03%	0.00%
2014	8.15%	0.00%
2013	6.94%	0.00%
2012	6.11%	0.00%
2011	5.95%	0.00%
2010	6.98%	0.00%
2009	8.16%	0.00%
2008	7.00%	0.00%
2007	6.75%	0.00%
2006	6.66%	0.00%
2005	11.28%	0.00%
2004	9.37%	0.00%
2003	9.51%	0.00%
2002	8.72%	0.00%