BIT vs DYLD
BlackRock Multi-Sector Income Trust vs LeaderShares Dynamic Yield ETF
Which is better, BIT or DYLD?
DYLD has been ahead.
DYLD has a lower expense ratio. DYLD led over 1Y, 3Y, 5Y and the full window.
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 | DYLD |
|---|---|---|
| Expense Ratio | 4.26% | 0.75%Best |
| AUM | $719M | $35M |
| Dividend Yield | 11.82% | 4.24% |
| Holdings | 1,589 | 65 |
| YTD Return | -7.15% | +0.50%Best |
| 1Y Return | -5.64% | +0.96%Best |
| 3Y Return (annualized) | +2.43% | +4.67%Best |
| 5Y Return (annualized) | -0.39% | +0.75%Best |
| Volatility (annualized) | 12.1% | 4.8%Best |
| Max Drawdown | -23.7% | -15.0%Best |
| $10,000 over 5 years | $9,807 | $10,381Best |
| Fund Family | BlackRock, Inc. (US) | LeaderShares |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Feb 25, 2013 | Jun 28, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Oct 14, 2026 (5.3 years).
BIT vs DYLD 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 5.3 years both funds cover.
BIT vs DYLD Performance
BlackRock Multi-Sector Income Trust (BIT) is an ETF from BlackRock, Inc. (US) and LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares. Over the past year BIT returned -5.64% while DYLD returned +0.96%. Year to date, BIT is down 7.15% versus a gain of 0.50% for DYLD.
Over three years, BIT compounded at +2.43% per year against +4.67% for DYLD; over five years the annualized figures are -0.39% and +0.75% respectively.
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 4.8% for DYLD. 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 -23.7% for BIT and -15.0% for DYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BIT charges 4.26% per year while DYLD charges 0.75%. On a $10,000 position that is $426 vs $75 annually, a gap of $351 per year that compounds over a long holding period. On income, BIT currently yields 11.82% against 4.24% for DYLD.
Holdings Overlap
We hold position weights for 955 holdings in BIT and 31 in DYLD, totalling 81.9% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 274 days apart, BIT as of Dec 31, 2025 and DYLD as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 955 positions we hold weights for in BIT and 31 in DYLD, against full books of 1,589 and 65.
You are not choosing between two funds in isolation.
Whichever of BIT and DYLD 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 DYLD?
BIT has an expense ratio of 4.26% while DYLD charges 0.75%. DYLD is the cheaper option, by $351 a year on a $10,000 investment.
Which performed better, BIT or DYLD?
Over the past year BIT returned -5.64% vs +0.96% for DYLD, so DYLD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BIT or DYLD?
BIT has been the more volatile fund at 12.1% annualized versus 4.8% for DYLD. Worst drawdown: BIT -23.7% vs DYLD -15.0%.
Should I hold both BIT and DYLD?
BIT and DYLD have a monthly-return correlation of 0.54, 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 DYLD?
BIT yields 11.82% while DYLD yields 4.24%, so BIT currently pays the higher dividend yield.
Is DYLD better than BIT?
DYLD has a lower expense ratio. DYLD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.