CNEQ vs BHK

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

CNEQ vs BHK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

CNEQ

$697M

BHK

$696M

Expense Ratio

CNEQ

0.56%

BHK

N/A

Max Drawdown

Winner

CNEQ

27.58%

BHK

48.25%

Sharpe Ratio

Winner

CNEQ

1.65

BHK

-0.13

5Y Beta

CNEQ

1.44

Winner

BHK

0.24

P/E Ratio

CNEQ

41.55

BHK

N/A

Forward P/E

CNEQ

28.63

BHK

N/A

PEG Ratio

CNEQ

0.37

BHK

N/A

5Y Dividends CAGR

CNEQ

N/A

BHK

1.24%

5Y EPS CAGR

CNEQ

43.04%

BHK

N/A

CNEQ vs BHK - Historical Returns

Returns include dividend reinvestment.

Period	CNEQ	BHK
1 month	+8.77%	+3.37%
3 months	+29.14%	+0.17%
6 months	+23.90%	-0.73%
1 year	+49.12%	+2.51%
5 years(CAGR)	N/A	-2.91%
10 years(CAGR)	N/A	+3.12%
Max(CAGR)	+39.91%	+5.63%

Winner

CNEQ

+8.77%

BHK

+3.37%

Winner

CNEQ

+29.14%

BHK

+0.17%

Winner

CNEQ

+23.90%

BHK

-0.73%

Winner

CNEQ

+49.12%

BHK

+2.51%

5Y(CAGR)

CNEQ

N/A

BHK

-2.91%

10Y(CAGR)

CNEQ

N/A

BHK

+3.12%

Max(CAGR)

Winner

CNEQ

+39.91%

BHK

+5.63%

CNEQ vs BHK - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	CNEQ	BHK
2026	+21.00%	-1.40%
2025	+32.33%	+2.74%
2024	+28.84%	+5.09%
2023	N/A	+12.20%
2022	N/A	-31.36%
2021	N/A	+7.34%
2020	N/A	+17.96%
2019	N/A	+25.49%
2018	N/A	-7.86%
2017	N/A	+14.36%
2016	N/A	+9.56%
2015	N/A	+2.20%
2014	N/A	+10.30%
2013	N/A	-9.83%
2012	N/A	+16.61%
2011	N/A	+14.84%
2010	N/A	+13.91%
2009	N/A	+14.66%
2008	N/A	-1.63%
2007	N/A	-1.69%
2006	N/A	+3.09%
2005	N/A	+5.27%
2004	N/A	+8.43%
2003	N/A	+9.16%
2002	N/A	+0.16%
2001	N/A	+0.00%

CNEQ vs BHK Drawdown Comparison

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

The maximum drawdown for BHK was -39.44%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current BHK drawdown is -19.71%.

Rank	CNEQ	BHK
#1	-27.58% Feb 14, 2025 - Jun 6, 2025	-39.44% Sep 15, 2021 - Oct 20, 2022
#2	-19.31% Oct 29, 2025 - Apr 24, 2026	-30.60% May 27, 2008 - Jul 24, 2009
#3	-15.11% Jul 10, 2024 - Sep 25, 2024	-23.65% Feb 24, 2020 - Jun 10, 2020
#4	-8.57% Jun 2, 2026 - Jun 18, 2026	-19.31% Nov 12, 2012 - Jan 9, 2015
#5	-7.66% Apr 11, 2024 - May 15, 2024	-12.30% Mar 18, 2004 - Sep 2, 2004
#6	-7.47% Jan 23, 2025 - Feb 14, 2025	-12.05% Sep 28, 2010 - Sep 12, 2011
#7	-5.20% Oct 9, 2025 - Oct 28, 2025	-11.84% Dec 27, 2001 - Sep 18, 2002
#8	-4.68% Jan 6, 2025 - Jan 22, 2025	-10.75% Sep 12, 2005 - Oct 5, 2006
#9	-4.56% Dec 16, 2024 - Jan 6, 2025	-10.56% Jun 13, 2003 - Mar 18, 2004
#10	-4.25% Aug 12, 2025 - Sep 8, 2025	-10.13% Aug 31, 2016 - May 18, 2017
#11	-3.79% May 14, 2026 - May 21, 2026	-9.68% Jan 2, 2018 - Mar 8, 2019
#12	-3.42% Oct 29, 2024 - Nov 6, 2024	-9.47% May 7, 2007 - Jan 15, 2008
#13	-3.14% Jun 18, 2024 - Jul 3, 2024	-9.06% Apr 24, 2015 - Mar 9, 2016
#14	-2.88% Dec 6, 2024 - Dec 16, 2024	-8.50% Jan 25, 2021 - Jun 15, 2021
#15	-2.79% Nov 8, 2024 - Nov 19, 2024	-8.48% Jan 24, 2008 - Apr 23, 2008

Correlation

Correlation between CNEQ and BHK is -0.10 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.10

-101

Dividend Comparison (2002 - 2026)

CNEQ vs BHK dividend yield comparison.

Year	CNEQ	BHK
2026	0.00%	4.98%
2025	0.52%	9.33%
2024	0.16%	8.75%
2023	0.00%	8.39%
2022	0.00%	8.08%
2021	0.00%	6.50%
2020	0.00%	5.17%
2019	0.00%	5.44%
2018	0.00%	6.53%
2017	0.00%	5.68%
2016	0.00%	6.36%
2015	0.00%	7.18%
2014	0.00%	8.33%
2013	0.00%	7.09%
2012	0.00%	6.25%
2011	0.00%	6.08%
2010	0.00%	7.13%
2009	0.00%	8.34%
2008	0.00%	7.15%
2007	0.00%	6.89%
2006	0.00%	6.81%
2005	0.00%	11.53%
2004	0.00%	9.58%
2003	0.00%	9.72%
2002	0.00%	8.92%