BIT vs DBND
BlackRock Multi-Sector Income Trust vs DoubleLine Opportunistic Core Bond ETF
Which is better, BIT or DBND?
Each has led over a different period.
DBND has a lower expense ratio. BIT led over the full window, DBND over 1Y and 3Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BIT | DBND |
|---|---|---|
| Expense Ratio | 4.26% | 0.45%Best |
| AUM | $715M | $833M |
| Dividend Yield | 11.88% | 4.89% |
| Holdings | 1,678 | 1,297 |
| YTD Return | -4.84% | -1.84%Best |
| 1Y Return | -4.63% | -1.48%Best |
| 3Y Return (annualized) | +2.46% | +4.87%Best |
| 5Y Return (annualized) | +0.10% | - |
| Volatility (annualized) | 12.1% | 6.0%Best |
| Max Drawdown | -15.2% | -9.4%Best |
| $10,000 over 4.6 years | $11,053Best | $10,860 |
| Fund Family | BlackRock, Inc. (US) | DoubleLine Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Feb 25, 2013 | Mar 31, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Apr 5, 2022 to Nov 11, 2026 (4.6 years).
BIT vs DBND growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.6 years both funds cover.
BIT vs DBND Performance
BlackRock Multi-Sector Income Trust (BIT) is an ETF from BlackRock, Inc. (US) and DoubleLine Opportunistic Core Bond ETF (DBND) is an ETF from DoubleLine Funds. Over the past year BIT returned -4.63% while DBND returned -1.48%. Year to date, BIT is down 4.84% versus a loss of 1.84% for DBND.
Over three years, BIT compounded at +2.46% per year against +4.87% for DBND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BIT has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 6.0% for DBND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.2% for BIT and -9.4% for DBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BIT charges 4.26% per year while DBND charges 0.45%. On a $10,000 position that is $426 vs $45 annually, a gap of $381 per year that compounds over a long holding period. On income, BIT currently yields 11.88% against 4.89% for DBND.
Holdings Overlap
We hold position weights for 787 holdings in BIT and 500 in DBND, totalling 87.0% and 47.3% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 78 positions appear in both.
The two holdings books were reported 106 days apart, BIT as of Jun 30, 2026 and DBND as of Oct 14, 2026, so some of the difference between them is the time between the two reports rather than the funds.
78 positions in common, counted across the 787 positions we hold weights for in BIT and 500 in DBND, against full books of 1,678 and 1,297.
Top Shared Holdings
| Stock | Weight in BIT | Weight in DBND | Difference |
|---|---|---|---|
| BHCCN 10 04/15/32 141261229 Bc Ltd 144A 10% Apr 15, 2032 | 1.11% | 0.08% | 1.03% |
| BAC V6.625 PERPBank Of America Corp. 5Y Us Ti + 2.684 12/31/9999 | 0.49% | 0.03% | 0.46% |
| VENLNG 9.875 02/01/3Venture Global 9.875% 02/01/32 | 0.50% | 0.01% | 0.49% |
| WIN 8.25 10/01/31 14Windstream Escrow Llc / Windstream Escrow Finance Corp 8.25% 2031-10-01 | 0.46% | 0.01% | 0.45% |
| GTN 9.625 07/15/32 1Gray Media Inc 9.63 2032-07-15 | 0.42% | 0.01% | 0.41% |
| PETM 10 09/15/33PETSMART LLC 144A 10 Sep 15, 2033 | 0.33% | 0.03% | 0.30% |
| TDG 6.375 05/31/33 1Transdigm Inc 6.375% 05/31/33 | 0.30% | 0.03% | 0.27% |
| LVLT 6.875 06/30/33 | 0.28% | 0.03% | 0.25% |
| BLCOCN 8.375 10/01/2Bausch & Lomb 8.375% 10/01/28 | 0.26% | 0.03% | 0.23% |
| TIHLLC 7.125 06/01/3PANTHER ESCROW ISSUER 7.13% 01Jun2031 | 0.27% | 0.02% | 0.25% |
You are not choosing between two funds in isolation.
Whichever of BIT and DBND you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BIT or DBND?
BIT has an expense ratio of 4.26% while DBND charges 0.45%. DBND is the cheaper option, by $381 a year on a $10,000 investment.
Which performed better, BIT or DBND?
Over the past year BIT returned -4.63% vs -1.48% for DBND, so DBND leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BIT or DBND?
BIT has been the more volatile fund at 12.1% annualized versus 6.0% for DBND. Worst drawdown: BIT -15.2% vs DBND -9.4%.
Should I hold both BIT and DBND?
BIT and DBND have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BIT or DBND?
BIT yields 11.88% while DBND yields 4.89%, so BIT currently pays the higher dividend yield.
Is DBND better than BIT?
DBND has a lower expense ratio. BIT led over the full window, DBND over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.