Home › Stocks › BIT

BIT correlations (BlackRock Multi-Sector Income Trust)

BIT measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

10.5%

3y weekly

Beta vs S&P 500

0.42

3y weekly

1-year return

-2.3%

price, adjusted

5-year return

+5.8%

price, adjusted

Market cap

$0.7B

latest

P/E ratio

11.3

trailing

Max drawdown

-11.6%

3y, daily closes

BIT over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with BIT

Asset		Correlation (3Y)
HYT	Blackrock Corporate High Yield Fund, Inc.	0.78
VLT	Invesco High Income Trust II	0.75
DSL	DoubleLine Income Solutions Fund	0.72
JHI	John Hancock Investors Trust	0.70
PFL	PIMCO Income Strategy Fund Shares of Beneficial Interest	0.69

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from BIT.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.50
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.49
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.44

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/bit.json

Correlations, diversifiers, beta and volatility for BIT, plus one endpoint per pair. API documentation.