MIY vs BKT

Comparison between BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF) and BlackRock Income Trust Inc (BKT, ETF).

5-Year PerformanceMIY has outperformed BKT, delivering a return of -0.1% compared to -3.0%

MIY vs BKT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIY(ETF)	BKT(ETF)
Net Assets	$359M	$359M
Max Drawdown	50.82%	58.60%
Sharpe Ratio	1.01	-0.40
5Y Beta	0.14	0.12
5Y Dividends CAGR	-0.09%	-2.98%

Net Assets

MIY

$359M

BKT

$359M

Max Drawdown

Winner

MIY

50.82%

BKT

58.60%

Sharpe Ratio

Winner

MIY

1.01

BKT

-0.40

5Y Beta

MIY

0.14

Winner

BKT

0.12

5Y Dividends CAGR

Winner

MIY

-0.09%

BKT

-2.98%

MIY vs BKT - Historical Returns

Returns include dividend reinvestment.

Period	MIY	BKT
1 month	+1.71%	+1.82%
3 months	-0.77%	-0.87%
6 months	+6.64%	-0.23%
1 year	+15.47%	+0.60%
5 years(CAGR)	-0.08%	-3.05%
10 years(CAGR)	+2.49%	+1.08%
Max(CAGR)	+5.54%	+4.91%

MIY

+1.71%

Winner

BKT

+1.82%

Winner

MIY

-0.77%

BKT

-0.87%

Winner

MIY

+6.64%

BKT

-0.23%

Winner

MIY

+15.47%

BKT

+0.60%

5Y(CAGR)

Winner

MIY

-0.08%

BKT

-3.05%

10Y(CAGR)

Winner

MIY

+2.49%

BKT

+1.08%

Max(CAGR)

Winner

MIY

+5.54%

BKT

+4.91%

MIY vs BKT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIY	BKT
2026	+6.15%	-0.67%
2025	+9.85%	+5.44%
2024	+2.85%	+3.16%
2023	+4.79%	+6.18%
2022	-23.78%	-21.38%
2021	+9.95%	-0.61%
2020	+7.48%	+7.53%
2019	+17.81%	+14.49%
2018	-6.04%	-2.90%
2017	+8.69%	+3.55%
2016	+2.26%	+4.44%
2015	+5.94%	+5.24%
2014	+17.64%	+4.76%
2013	-16.80%	-6.90%
2012	+7.93%	+6.66%
2011	+25.37%	+13.47%
2010	+10.33%	+13.39%
2009	+40.58%	+11.73%
2008	-24.58%	+9.97%
2007	-3.81%	-3.72%
2006	-3.30%	+6.92%
2005	+7.52%	-9.55%
2004	+10.85%	+4.53%
2003	+12.00%	+2.71%
2002	+12.32%	+21.54%
2001	+13.29%	+19.11%
2000	+8.59%	+19.25%
1999	-4.48%	-5.16%

MIY vs BKT Drawdown Comparison

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The maximum drawdown for BKT was -35.71%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current MIY drawdown is -3.84%. The current BKT drawdown is -18.18%.

Rank	MIY	BKT
#1	-42.18% Feb 12, 2008 - Sep 3, 2009	-35.71% Sep 15, 2021 - Oct 26, 2023
#2	-34.58% Aug 2, 2021 - Mar 4, 2026	-19.22% May 25, 2005 - May 12, 2008
#3	-25.81% Jan 23, 2013 - Jan 4, 2016	-19.03% Mar 17, 2004 - Sep 20, 2004
#4	-24.40% Mar 4, 2020 - Aug 6, 2020	-17.21% May 12, 2008 - Jan 5, 2009
#5	-17.37% Aug 31, 2010 - Sep 29, 2011	-17.19% Jun 12, 2003 - Feb 13, 2004
#6	-13.79% Nov 5, 1999 - Dec 18, 2000	-13.39% Oct 12, 2012 - Oct 6, 2015
#7	-12.75% Jul 11, 2016 - Apr 12, 2019	-10.90% Nov 5, 1999 - Jun 30, 2000
#8	-11.86% Mar 24, 2004 - Sep 9, 2004	-10.45% Feb 24, 2020 - May 12, 2020
#9	-11.14% Jun 11, 2003 - Jan 7, 2004	-7.48% Sep 13, 2017 - Feb 6, 2019
#10	-10.97% Jan 24, 2006 - Feb 12, 2008	-6.96% Nov 23, 2004 - Jan 27, 2005
#11	-10.08% Mar 4, 2026 - Apr 7, 2026	-6.87% Oct 14, 2002 - Dec 26, 2002
#12	-9.04% Feb 10, 2012 - May 24, 2012	-6.72% Feb 2, 2009 - May 18, 2009
#13	-8.91% Oct 1, 2002 - Mar 5, 2003	-6.70% Aug 23, 2001 - Oct 1, 2001
#14	-8.41% Nov 28, 2012 - Jan 23, 2013	-6.41% Oct 8, 2001 - Jan 15, 2002
#15	-7.27% Nov 14, 2001 - May 28, 2002	-6.03% Jul 15, 2002 - Aug 5, 2002

Correlation

Correlation between MIY and BKT is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2000 - 2026)

MIY vs BKT dividend yield comparison.

Year	MIY	BKT
2026	2.71%	5.07%
2025	5.57%	9.53%
2024	5.21%	9.19%
2023	3.86%	8.69%
2022	5.70%	8.35%
2021	4.38%	7.31%
2020	4.23%	6.80%
2019	4.27%	6.82%
2018	5.27%	6.48%
2017	5.46%	5.16%
2016	5.85%	5.10%
2015	5.66%	5.90%
2014	6.32%	6.60%
2013	7.36%	7.12%
2012	5.87%	6.61%
2011	6.02%	5.54%
2010	6.79%	4.28%
2009	5.87%	4.53%
2008	7.08%	4.90%
2007	5.36%	6.49%
2006	5.54%	6.80%
2005	6.21%	8.47%
2004	6.47%	8.51%
2003	6.54%	8.17%
2002	6.62%	12.51%
2001	5.53%	7.64%
2000	2.55%	4.29%