BIT vs PFM

Comparison between BlackRock Multi-Sector Income Trust (BIT, ETF) and INVESCO DIVIDEND ACHIEVERS ETF (PFM, ETF).

5-Year PerformancePFM has outperformed BIT, delivering a return of +10.4% compared to +2.3%

BIT vs PFM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BIT(ETF)	PFM(ETF)
Net Assets	$770M	$764M
Expense Ratio	N/A	0.52%
Max Drawdown	53.30%	54.71%
Sharpe Ratio	-0.37	1.48
5Y Beta	0.34	0.69
P/E Ratio	N/A	25.28
Forward P/E	N/A	20.41
5Y Dividends CAGR	2.02%	3.83%
5Y EPS CAGR	N/A	13.78%
P/S Ratio	N/A	2.82
P/B Ratio	N/A	4.83

Net Assets

Winner

BIT

$770M

PFM

$764M

Expense Ratio

BIT

N/A

PFM

0.52%

Max Drawdown

Winner

BIT

53.30%

PFM

54.71%

Sharpe Ratio

BIT

-0.37

Winner

PFM

1.48

5Y Beta

Winner

BIT

0.34

PFM

0.69

P/E Ratio

BIT

N/A

PFM

25.28

Forward P/E

BIT

N/A

PFM

20.41

5Y Dividends CAGR

BIT

2.02%

Winner

PFM

3.83%

5Y EPS CAGR

BIT

N/A

PFM

13.78%

P/S Ratio

BIT

N/A

PFM

2.82

P/B Ratio

BIT

N/A

PFM

4.83

BIT vs PFM - Historical Returns

Returns include dividend reinvestment.

Period	BIT	PFM
1 month	-0.90%	+1.82%
3 months	-1.26%	+4.54%
6 months	+0.25%	+7.14%
1 year	+0.73%	+19.00%
5 years(CAGR)	+2.27%	+10.45%
10 years(CAGR)	+7.17%	+11.71%
Max(CAGR)	+6.08%	+8.71%

BIT

-0.90%

Winner

PFM

+1.82%

BIT

-1.26%

Winner

PFM

+4.54%

BIT

+0.25%

Winner

PFM

+7.14%

BIT

+0.73%

Winner

PFM

+19.00%

5Y(CAGR)

BIT

+2.27%

Winner

PFM

+10.45%

10Y(CAGR)

BIT

+7.17%

Winner

PFM

+11.71%

Max(CAGR)

BIT

+6.08%

Winner

PFM

+8.71%

BIT vs PFM - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	BIT	PFM
2026	+0.22%	+7.00%
2025	+2.49%	+14.36%
2024	+7.07%	+16.93%
2023	+16.41%	+11.52%
2022	-14.15%	-6.07%
2021	+15.26%	+24.81%
2020	+19.14%	+9.32%
2019	+12.67%	+27.28%
2018	-7.43%	-4.59%
2017	+18.37%	+17.03%
2016	+17.55%	+15.96%
2015	+2.08%	-3.12%
2014	+5.67%	+12.13%
2013	-8.42%	+22.82%
2012	N/A	+9.73%
2011	N/A	+8.29%
2010	N/A	+13.16%
2009	N/A	+7.39%
2008	N/A	-28.22%
2007	N/A	-0.21%
2006	N/A	+14.35%
2005	N/A	+1.93%

BIT vs PFM Drawdown Comparison

The maximum drawdown for BIT was -43.56%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.

The maximum drawdown for PFM was -53.22%, occurring on Mar 9, 2009. Recovery took 1225 trading sessions.

The current BIT drawdown is -4.96%. The current PFM drawdown is -1.11%.

Rank	BIT	PFM
#1	-43.56% Dec 2, 2019 - Aug 12, 2020	-53.22% Oct 9, 2007 - Aug 17, 2012
#2	-23.70% Oct 22, 2021 - Jan 25, 2024	-32.19% Feb 14, 2020 - Sep 2, 2020
#3	-20.34% Mar 25, 2013 - May 12, 2014	-17.82% Jan 4, 2022 - Jul 20, 2023
#4	-13.52% Aug 28, 2018 - Apr 1, 2019	-15.08% Sep 21, 2018 - Mar 21, 2019
#5	-10.42% Feb 14, 2025 - Jun 11, 2025	-14.51% Feb 19, 2025 - Jun 30, 2025
#6	-10.24% Apr 28, 2015 - May 9, 2016	-13.07% Dec 23, 2014 - Mar 17, 2016
#7	-8.97% Aug 13, 2025 - Mar 27, 2026	-10.83% Jan 26, 2018 - Sep 11, 2018
#8	-8.06% Sep 7, 2016 - Dec 29, 2016	-9.67% Jul 26, 2023 - Dec 11, 2023
#9	-7.46% Jan 9, 2018 - Aug 14, 2018	-8.41% Jun 4, 2007 - Oct 1, 2007
#10	-7.26% Aug 29, 2014 - Feb 12, 2015	-7.10% Feb 11, 2026 - Apr 30, 2026
#11	-6.62% Mar 27, 2024 - Sep 24, 2024	-6.82% Oct 12, 2020 - Nov 9, 2020
#12	-4.15% Aug 2, 2019 - Oct 14, 2019	-6.63% Dec 31, 2013 - Mar 18, 2014
#13	-4.02% Jul 9, 2014 - Aug 29, 2014	-6.40% Oct 8, 2012 - Jan 4, 2013
#14	-3.99% Oct 24, 2017 - Dec 28, 2017	-6.39% Sep 2, 2020 - Oct 12, 2020
#15	-3.86% Sep 24, 2024 - Jan 15, 2025	-5.97% May 21, 2013 - Jul 18, 2013

Correlation

Correlation between BIT and PFM is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2005 - 2026)

BIT vs PFM dividend yield comparison.

Year	BIT	PFM
2026	4.94%	0.35%
2025	11.15%	1.41%
2024	10.17%	1.58%
2023	9.89%	1.86%
2022	9.57%	1.95%
2021	8.18%	1.69%
2020	8.46%	1.92%
2019	8.84%	1.94%
2018	9.12%	2.27%
2017	8.44%	1.70%
2016	11.65%	2.56%
2015	8.66%	2.36%
2014	8.85%	1.93%
2013	6.82%	1.88%
2012	0.00%	2.36%
2011	0.00%	2.17%
2010	0.00%	1.99%
2009	0.00%	1.55%
2008	0.00%	3.12%
2007	0.00%	1.97%
2006	0.00%	1.84%
2005	0.00%	0.58%