BIT vs FFTI
BlackRock Multi-Sector Income Trust vs FormulaFolios Tactical Income ETF
Which is better, BIT or FFTI?
Each has led over a different period.
FFTI has a lower expense ratio. BIT led over the full window, FFTI over 1Y.
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 | FFTI |
|---|---|---|
| Expense Ratio | 4.26% | 0.96%Best |
| AUM | $719M | $69M |
| Dividend Yield | 11.82% | 2.40% |
| Holdings | 1,589 | 5 |
| Volatility (annualized) | 15.4% | 6.0%Best |
| Max Drawdown | -49.8% | -17.5%Best |
| $10,000 over 7.4 years | $11,654Best | $9,465 |
| Fund Family | BlackRock, Inc. (US) | FormulaFolio Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Feb 25, 2013 | Jun 6, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 713 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BIT has data through Oct 15, 2026 and FFTI through Nov 1, 2024.
Volatility and max drawdown, and the $10,000 over 7.4 years row, are measured over the window both funds cover: Jun 6, 2017 to Nov 1, 2024 (7.4 years).
Risk: Volatility and Drawdowns
BIT has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 6.0% for FFTI. 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 -49.8% for BIT and -17.5% for FFTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BIT charges 4.26% per year while FFTI charges 0.96%. On a $10,000 position that is $426 vs $96 annually, a gap of $330 per year that compounds over a long holding period. On income, BIT currently yields 11.82% against 2.40% for FFTI.
You are not choosing between two funds in isolation.
Whichever of BIT and FFTI 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 FFTI?
BIT has an expense ratio of 4.26% while FFTI charges 0.96%. FFTI is the cheaper option, by $330 a year on a $10,000 investment.
Which is riskier, BIT or FFTI?
BIT has been the more volatile fund at 15.4% annualized versus 6.0% for FFTI. Worst drawdown: BIT -49.8% vs FFTI -17.5%.
Should I hold both BIT and FFTI?
BIT and FFTI have a monthly-return correlation of 0.68, 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 FFTI?
BIT yields 11.82% while FFTI yields 2.40%, so BIT currently pays the higher dividend yield.
Is FFTI better than BIT?
FFTI has a lower expense ratio. BIT led over the full window, FFTI over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.