BlackRock Defensive Advantage Emerging Markets Fund (BADEX)
Fund Info
| Issuer | Blackrock |
|---|---|
| Inception Date | Dec 20, 2020 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
BADEX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Defensive Advantage Emerging Markets Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Defensive Advantage Emerging Markets Fund had a return of 2.43% year-to-date (YTD) and 7.42% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.43% | 5.57% |
| 1 month | -0.72% | -4.16% |
| 6 months | 12.26% | 20.07% |
| 1 year | 7.42% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.16% | 4.39% | 0.00% | |||||||||
| 2023 | -3.11% | 5.38% | 4.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BADEX is 34, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
BlackRock Defensive Advantage Emerging Markets Fund(BADEX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Defensive Advantage Emerging Markets Fund (BADEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Defensive Advantage Emerging Markets Fund granted a 1.87% dividend yield in the last twelve months. The annual payout for that period amounted to $0.18 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.18 | $0.18 | $0.21 | $0.75 | $0.00 |
Dividend yield | 1.87% | 1.92% | 2.43% | 7.54% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Defensive Advantage Emerging Markets Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2020 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Defensive Advantage Emerging Markets Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Defensive Advantage Emerging Markets Fund was 21.86%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current BlackRock Defensive Advantage Emerging Markets Fund drawdown is 2.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.86% | Jun 3, 2021 | 346 | Oct 14, 2022 | — | — | — |
| -5.98% | Feb 17, 2021 | 14 | Mar 8, 2021 | 58 | May 28, 2021 | 72 |
| -3.44% | Jan 22, 2021 | 6 | Jan 29, 2021 | 6 | Feb 8, 2021 | 12 |
| -0.75% | Jan 15, 2021 | 1 | Jan 15, 2021 | 2 | Jan 20, 2021 | 3 |
| -0.56% | Jan 11, 2021 | 1 | Jan 11, 2021 | 2 | Jan 13, 2021 | 3 |
Volatility
Volatility Chart
The current BlackRock Defensive Advantage Emerging Markets Fund volatility is 2.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.