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BTZ vs MIN: Correlation

BlackRock Credit Allocation Income Trust (BTZ) and Aberdeen Intermediate Income Fund (MIN) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.54
last 12 months
Correlation (5Y)
0.52
long-run
Ann. covariance
51.2
%² · weekly, annualized

How correlated are BTZ and MIN?

Over the past 3 years, BTZ and MIN moved with a correlation of 0.54, which is moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 51.2 %².

Among the 25 assets we track against BTZ, MIN ranks #20 by 3-year correlation. Neither side won the trailing year by much: +1.6% against -0.2%.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

BTZ vs MIN: side by side

BTZ (BlackRock Credit Allocation Income Trust)MIN (Aberdeen Intermediate Income Fund)
1-year return+1.6%-0.2%
5-year return+5.4%+4.5%
Volatility (ann.)11.5%8.2%
Beta vs S&P 5000.440.15
Max drawdown (3Y)-9.3%-7.1%
Market cap
P/E (trailing)9.224.5
Dividend yield0.00%9.43%
Sector / categoryUS ListedUS Listed
Lower P/E: BTZ 9.2 vs 24.5Higher yield: MIN 9.43% vs 0.00%Smaller drawdown: MIN -7.1% vs -9.3%Higher 5y return: BTZ +5.4% vs +4.5%
-7%0%+2%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BTZ · MIN

Year-by-year returns

YearBTZMIN
2022-27.1%-15.7%
2023+12.8%+6.3%
2024+11.3%+8.6%
2025+13.7%+7.2%
2026+0.1%-0.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BTZ and MIN good diversifiers for each other?

Only partially. A correlation of 0.54 means BTZ and MIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between BTZ and MIN?

As of 2026-08-27, the correlation of weekly returns between BTZ and MIN is 0.54 over 3 years, 0.54 over 1 year and 0.52 over 5 years.

Is MIN a good diversifier for BTZ?

Only partially. A correlation of 0.54 means BTZ and MIN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.54 mean?

A reading of 0.54 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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BTZ vs MIN: 3-year weekly correlation 0.54BTZ vs MIN0.54

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Hubs: BTZ correlations · MIN correlations