CALI vs BKT

Comparison between BlackRock Short-Term California Muni Bond ETF (CALI, ETF) and BlackRock Income Trust Inc (BKT, ETF).

CALI vs BKT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CALI(ETF)	BKT(ETF)
Net Assets	$361M	$359M
Expense Ratio	0.20%	N/A
Max Drawdown	1.08%	58.60%
Sharpe Ratio	-1.14	-0.49
5Y Beta	0.01	0.12
5Y Dividends CAGR	N/A	-2.98%

Net Assets

Winner

CALI

$361M

BKT

$359M

Expense Ratio

CALI

0.20%

BKT

N/A

Max Drawdown

Winner

CALI

1.08%

BKT

58.60%

Sharpe Ratio

CALI

-1.14

Winner

BKT

-0.49

5Y Beta

Winner

CALI

0.01

BKT

0.12

5Y Dividends CAGR

CALI

N/A

BKT

-2.98%

CALI vs BKT - Historical Returns

Returns include dividend reinvestment.

Period	CALI	BKT
1 month	+0.37%	+2.02%
3 months	+0.49%	-0.97%
6 months	+1.22%	-0.15%
1 year	+2.91%	+0.61%
5 years(CAGR)	N/A	-4.28%
10 years(CAGR)	N/A	-1.61%
Max(CAGR)	+3.11%	+1.08%

CALI

+0.37%

Winner

BKT

+2.02%

Winner

CALI

+0.49%

BKT

-0.97%

Winner

CALI

+1.22%

BKT

-0.15%

Winner

CALI

+2.91%

BKT

+0.61%

5Y(CAGR)

CALI

N/A

BKT

-4.28%

10Y(CAGR)

CALI

N/A

BKT

-1.61%

Max(CAGR)

Winner

CALI

+3.11%

BKT

+1.08%

CALI vs BKT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CALI	BKT
2026	+0.99%	-0.76%
2025	+3.26%	+5.50%
2024	+2.84%	+3.24%
2023	+1.97%	+6.25%
2022	N/A	-24.49%
2021	N/A	-4.94%
2020	N/A	+2.81%
2019	N/A	+9.39%
2018	N/A	-6.92%
2017	N/A	+0.11%
2016	N/A	+1.05%
2015	N/A	+1.21%
2014	N/A	+0.33%
2013	N/A	-11.01%
2012	N/A	+2.19%
2011	N/A	+9.25%
2010	N/A	+10.17%
2009	N/A	+8.38%
2008	N/A	+6.40%
2007	N/A	-7.50%
2006	N/A	+2.28%
2005	N/A	-14.02%
2004	N/A	-1.13%
2003	N/A	-2.52%
2002	N/A	+12.09%
2001	N/A	+13.12%
2000	N/A	+15.83%
1999	N/A	-5.16%

CALI vs BKT Drawdown Comparison

The maximum drawdown for CALI was -0.78%, occurring on Apr 11, 2025. Recovery took 35 trading sessions.

The maximum drawdown for BKT was -39.17%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current CALI drawdown is -0.01%. The current BKT drawdown is -22.55%.

Rank	CALI	BKT
#1	-0.78% Apr 4, 2025 - May 27, 2025	-39.17% Sep 15, 2021 - Oct 26, 2023
#2	-0.67% Feb 27, 2026 - May 28, 2026	-30.92% Jun 12, 2003 - Nov 5, 2010
#3	-0.45% Sep 13, 2023 - Nov 3, 2023	-18.92% Oct 12, 2012 - Aug 2, 2021
#4	-0.32% Dec 2, 2024 - Jan 15, 2025	-10.90% Nov 5, 1999 - Jun 30, 2000
#5	-0.31% Mar 20, 2024 - May 2, 2024	-7.09% Aug 23, 2001 - Oct 1, 2001
#6	-0.24% Jan 9, 2024 - Feb 1, 2024	-6.87% Oct 14, 2002 - Feb 4, 2003
#7	-0.23% Mar 3, 2025 - Apr 1, 2025	-6.80% Oct 8, 2001 - Jan 22, 2002
#8	-0.22% Jan 17, 2025 - Jan 31, 2025	-6.03% Jul 15, 2002 - Aug 5, 2002
#9	-0.22% Oct 3, 2024 - Nov 4, 2024	-5.93% Feb 5, 2002 - Apr 24, 2002
#10	-0.19% Sep 17, 2025 - Oct 10, 2025	-5.31% Nov 5, 2010 - Jun 2, 2011
#11	-0.18% Nov 5, 2024 - Nov 8, 2024	-5.00% Apr 5, 2001 - Jul 6, 2001
#12	-0.17% Jan 15, 2025 - Jan 17, 2025	-4.53% Mar 12, 2003 - May 7, 2003
#13	-0.16% Jun 6, 2024 - Jun 12, 2024	-4.00% Nov 2, 2011 - Jan 27, 2012
#14	-0.16% Nov 8, 2024 - Nov 15, 2024	-3.89% May 6, 2002 - Jun 5, 2002
#15	-0.15% Jul 23, 2024 - Jul 30, 2024	-3.85% Jul 13, 2000 - Sep 1, 2000

Correlation

Correlation between CALI and BKT is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2000 - 2026)

CALI vs BKT dividend yield comparison.

Year	CALI	BKT
2026	0.99%	5.07%
2025	2.62%	9.59%
2024	3.14%	9.26%
2023	1.37%	8.76%
2022	0.00%	3.77%
2021	0.00%	2.45%
2020	0.00%	2.29%
2019	0.00%	2.29%
2018	0.00%	2.18%
2017	0.00%	1.73%
2016	0.00%	1.71%
2015	0.00%	1.98%
2014	0.00%	2.22%
2013	0.00%	2.39%
2012	0.00%	2.22%
2011	0.00%	1.86%
2010	0.00%	1.44%
2009	0.00%	1.52%
2008	0.00%	1.65%
2007	0.00%	2.18%
2006	0.00%	2.28%
2005	0.00%	2.85%
2004	0.00%	2.86%
2003	0.00%	2.75%
2002	0.00%	4.20%
2001	0.00%	2.57%
2000	0.00%	1.44%