IVOL vs BGT

Comparison between QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF (IVOL, ETF) and BlackRock Floating Rate Income Trust (BGT, ETF).

5-Year PerformanceBGT has outperformed IVOL, delivering a return of +6.8% compared to -5.9%

IVOL vs BGT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IVOL(ETF)	BGT(ETF)
Net Assets	$339M	$339M
Expense Ratio	0.98%	N/A
Max Drawdown	39.76%	64.14%
Sharpe Ratio	-1.47	-0.47
5Y Beta	-0.20	0.36
5Y Dividends CAGR	-5.74%	13.06%

Net Assets

IVOL

$339M

Winner

BGT

$339M

Expense Ratio

IVOL

0.98%

BGT

N/A

Max Drawdown

Winner

IVOL

39.76%

BGT

64.14%

Sharpe Ratio

IVOL

-1.47

Winner

BGT

-0.47

5Y Beta

Winner

IVOL

-0.20

BGT

0.36

5Y Dividends CAGR

IVOL

-5.74%

Winner

BGT

13.06%

IVOL vs BGT - Historical Returns

Returns include dividend reinvestment.

Period	IVOL	BGT
1 month	-4.15%	-1.35%
3 months	-5.86%	+0.59%
6 months	-7.23%	+2.14%
1 year	-5.82%	-1.90%
5 years(CAGR)	-5.92%	+6.83%
10 years(CAGR)	N/A	+6.13%
Max(CAGR)	-1.43%	+5.25%

IVOL

-4.15%

Winner

BGT

-1.35%

IVOL

-5.86%

Winner

BGT

+0.59%

IVOL

-7.23%

Winner

BGT

+2.14%

IVOL

-5.82%

Winner

BGT

-1.90%

5Y(CAGR)

IVOL

-5.92%

Winner

BGT

+6.83%

10Y(CAGR)

IVOL

N/A

BGT

+6.13%

Max(CAGR)

IVOL

-1.43%

Winner

BGT

+5.25%

IVOL vs BGT - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	IVOL	BGT
2026	-6.68%	-0.28%
2025	+12.03%	-1.46%
2024	-10.51%	+17.10%
2023	-4.63%	+25.02%
2022	-12.97%	-14.22%
2021	-0.69%	+26.55%
2020	+14.96%	-1.30%
2019	+3.23%	+17.15%
2018	N/A	-13.82%
2017	N/A	+4.04%
2016	N/A	+19.09%
2015	N/A	+2.40%
2014	N/A	-2.37%
2013	N/A	-3.09%
2012	N/A	+19.80%
2011	N/A	-11.00%
2010	N/A	+28.58%
2009	N/A	+80.65%
2008	N/A	-41.10%
2007	N/A	-10.63%
2006	N/A	+21.74%
2005	N/A	-1.79%
2004	N/A	-4.99%

IVOL vs BGT Drawdown Comparison

The maximum drawdown for IVOL was -31.17%, occurring on Dec 18, 2024. This drawdown has not yet recovered.

The maximum drawdown for BGT was -58.00%, occurring on Dec 15, 2008. Recovery took 643 trading sessions.

The current IVOL drawdown is -26.94%. The current BGT drawdown is -6.70%.

Rank	IVOL	BGT
#1	-31.17% May 10, 2021 - Dec 18, 2024	-58.00% Jul 9, 2007 - Jan 26, 2010
#2	-8.02% Mar 6, 2020 - Mar 26, 2020	-41.92% Jan 23, 2020 - Jan 15, 2021
#3	-3.93% Mar 26, 2020 - Apr 8, 2020	-24.68% Dec 31, 2010 - Sep 12, 2012
#4	-3.23% Jun 6, 2019 - Feb 28, 2020	-23.18% Dec 29, 2021 - Dec 14, 2023
#5	-2.52% Apr 13, 2020 - May 8, 2020	-15.97% Mar 2, 2010 - Oct 1, 2010
#6	-2.26% Feb 16, 2021 - May 5, 2021	-15.96% Mar 16, 2018 - Dec 4, 2019
#7	-1.94% Aug 31, 2020 - Dec 2, 2020	-15.93% Dec 16, 2024 - Jul 2, 2025
#8	-1.50% May 16, 2019 - May 30, 2019	-15.48% May 22, 2013 - Aug 24, 2016
#9	-1.37% May 8, 2020 - Jun 4, 2020	-11.68% Sep 22, 2004 - Feb 10, 2006
#10	-1.22% Jun 5, 2020 - Aug 5, 2020	-11.08% Aug 1, 2025 - Mar 27, 2026
#11	-0.51% Aug 17, 2020 - Aug 25, 2020	-8.95% Oct 19, 2012 - Jan 3, 2013
#12	-0.47% Jan 21, 2021 - Feb 3, 2021	-8.30% May 15, 2024 - Oct 30, 2024
#13	-0.39% Dec 21, 2020 - Jan 4, 2021	-6.41% Apr 25, 2017 - Jan 2, 2018
#14	-0.39% Jan 7, 2021 - Jan 14, 2021	-6.10% Oct 14, 2010 - Nov 30, 2010
#15	-0.31% Feb 8, 2021 - Feb 12, 2021	-5.68% Feb 6, 2007 - Apr 5, 2007

Correlation

Correlation between IVOL and BGT is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101

Dividend Comparison (2004 - 2026)

IVOL vs BGT dividend yield comparison.

Year	IVOL	BGT
2026	1.59%	5.64%
2025	3.61%	12.74%
2024	3.83%	11.23%
2023	3.73%	10.36%
2022	3.92%	6.87%
2021	3.93%	5.55%
2020	3.44%	7.58%
2019	2.02%	6.33%
2018	0.00%	6.64%
2017	0.00%	5.03%
2016	0.00%	5.03%
2015	0.00%	6.04%
2014	0.00%	6.65%
2013	0.00%	6.41%
2012	0.00%	7.08%
2011	0.00%	8.11%
2010	0.00%	6.15%
2009	0.00%	6.90%
2008	0.00%	23.76%
2007	0.00%	10.08%
2006	0.00%	7.60%
2005	0.00%	7.13%
2004	0.00%	2.00%