BTZ vs BBN

Comparison between BlackRock Credit Allocation Income Trust (BTZ, ETF) and BlackRock Taxable Municipal Bond Trust (BBN, ETF).

5-Year PerformanceBTZ has outperformed BBN, delivering a return of +1.6% compared to -2.0%

BTZ vs BBN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTZ(ETF)	BBN(ETF)
Net Assets	$1B	$1.10B
Max Drawdown	80.22%	47.35%
Sharpe Ratio	0.44	0.47
5Y Beta	0.34	0.14
5Y Dividends CAGR	1.61%	-1.79%

Net Assets

BTZ

$1B

Winner

BBN

$1.10B

Max Drawdown

BTZ

80.22%

Winner

BBN

47.35%

Sharpe Ratio

BTZ

0.44

Winner

BBN

0.47

5Y Beta

BTZ

0.34

Winner

BBN

0.14

5Y Dividends CAGR

Winner

BTZ

1.61%

BBN

-1.79%

BTZ vs BBN - Historical Returns

Returns include dividend reinvestment.

Period	BTZ	BBN
1 month	+1.89%	-0.69%
3 months	-1.37%	+0.03%
6 months	-1.60%	-2.80%
1 year	+7.85%	+8.69%
5 years(CAGR)	+1.61%	-2.01%
10 years(CAGR)	+5.94%	+2.76%
Max(CAGR)	+3.94%	+5.65%

Winner

BTZ

+1.89%

BBN

-0.69%

BTZ

-1.37%

Winner

BBN

+0.03%

Winner

BTZ

-1.60%

BBN

-2.80%

BTZ

+7.85%

Winner

BBN

+8.69%

5Y(CAGR)

Winner

BTZ

+1.61%

BBN

-2.01%

10Y(CAGR)

Winner

BTZ

+5.94%

BBN

+2.76%

Max(CAGR)

BTZ

+3.94%

Winner

BBN

+5.65%

BTZ vs BBN - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	BTZ	BBN
2026	-0.96%	+1.32%
2025	+13.25%	+8.65%
2024	+10.85%	+5.90%
2023	+11.05%	+1.05%
2022	-26.17%	-30.35%
2021	+9.80%	+4.19%
2020	+13.19%	+15.34%
2019	+32.44%	+24.63%
2018	-9.09%	-2.70%
2017	+8.26%	+14.37%
2016	+13.40%	+9.49%
2015	+2.09%	+2.31%
2014	+6.14%	+25.88%
2013	+0.98%	-9.34%
2012	+20.64%	+14.55%
2011	+7.44%	+30.41%
2010	+15.42%	-10.94%
2009	+52.40%	N/A
2008	-44.69%	N/A
2007	-25.00%	N/A
2006	+0.20%	N/A

BTZ vs BBN Drawdown Comparison

The maximum drawdown for BTZ was -74.54%, occurring on Mar 9, 2009. Recovery took 1449 trading sessions.

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

The current BTZ drawdown is -2.92%. The current BBN drawdown is -18.11%.

Rank	BTZ	BBN
#1	-74.54% Dec 26, 2006 - Sep 26, 2012	-38.38% Sep 15, 2021 - Oct 25, 2023
#2	-35.34% Feb 7, 2020 - Aug 3, 2020	-22.76% Mar 6, 2020 - Jul 24, 2020
#3	-34.63% Jul 13, 2021 - Jul 31, 2025	-17.90% Mar 6, 2013 - Jun 16, 2014
#4	-13.35% Apr 30, 2013 - Mar 3, 2014	-17.43% Aug 10, 2016 - Aug 22, 2017
#5	-12.13% Oct 2, 2017 - Mar 25, 2019	-15.13% Sep 17, 2010 - Jul 5, 2011
#6	-9.74% Aug 31, 2016 - Feb 28, 2017	-12.99% Feb 2, 2015 - Jan 11, 2016
#7	-9.71% Apr 28, 2015 - Apr 13, 2016	-11.77% Dec 29, 2020 - Aug 2, 2021
#8	-9.29% Oct 31, 2025 - Mar 27, 2026	-11.60% Jan 4, 2018 - Jan 25, 2019
#9	-6.02% Feb 11, 2021 - May 6, 2021	-7.66% Sep 4, 2019 - Jan 15, 2020
#10	-4.56% Nov 2, 2012 - Jan 10, 2013	-6.45% Mar 12, 2012 - Apr 27, 2012
#11	-3.99% Aug 7, 2020 - Nov 11, 2020	-6.16% Aug 1, 2012 - Mar 4, 2013
#12	-3.92% Feb 28, 2017 - Apr 3, 2017	-5.79% Jul 5, 2011 - Aug 3, 2011
#13	-3.53% Oct 23, 2014 - Jan 16, 2015	-5.55% Feb 26, 2020 - Mar 6, 2020
#14	-3.35% Jul 14, 2014 - Oct 23, 2014	-5.21% May 13, 2016 - Jun 13, 2016
#15	-2.45% Jan 18, 2013 - Apr 5, 2013	-5.21% Aug 7, 2020 - Sep 2, 2020

Correlation

Correlation between BTZ and BBN is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

BTZ vs BBN dividend yield comparison.

Year	BTZ	BBN
2026	3.25%	2.45%
2025	9.30%	7.01%
2024	9.63%	6.92%
2023	9.76%	7.16%
2022	9.14%	7.91%
2021	6.69%	5.45%
2020	6.84%	5.05%
2019	6.23%	5.66%
2018	7.19%	7.09%
2017	6.25%	6.82%
2016	6.90%	7.32%
2015	7.83%	7.54%
2014	7.48%	7.14%
2013	7.27%	8.26%
2012	7.13%	6.91%
2011	7.09%	6.86%
2010	8.36%	2.73%
2009	11.60%	0.00%
2008	19.94%	0.00%
2007	10.95%	0.00%