BALPX's Sortino Ratio of 2.66 indicates that for each unit of downside volatility, it generates 2.66 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
BALPX Sortino Ratio Rank
BALPX ranks above 43.3% of all investments in our database based on Sortino Ratio over the past 12 months, indicating moderate downside protection relative to peers. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Returns are proportional to downside risk—neither strong nor weak
- Evaluate whether downside volatility aligns with your risk tolerance
- Review higher-ranked alternatives in the same category
- Monitor rank direction to identify improving or deteriorating trends
BALPX Sortino Ratio Market Positioning
The chart shows BALPX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 2.00 or lower
- Yellow zone (middle 50%): 2.00 to 3.55
- Green zone (top 25%): 3.55 or higher
- Top 1%: 9.10+
- Median: 2.88 — half of all investments score higher
How it compares to other similar mutual funds
The table compares BlackRock Event Driven Equity Fund Investor Class A's Sortino Ratio with other mutual funds in the Event Driven category across multiple time periods, showing how BALPX's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| HMEZX | NexPoint Merger Arbitrage Fund | 8.08 | |||
| MERIX | The Merger Fund Class I | 6.81 | |||
| VARBX | Vivaldi Merger Arbitrage Fund Class I | 6.22 | |||
| ARBNX | The Arbitrage Fund Class Institutional | 6.20 | |||
| DAMDX | Dunham Monthly Distribution Fund | 5.93 | |||
| MERFX | The Merger Fund | 5.92 | |||
| ARBFX | The Arbitrage Fund | 5.87 | |||
| AEDNX | Water Island Event-Driven Fund | 4.79 | |||
| EMAYX | Gabelli Enterprise Mergers and Acquisitions Fund | 3.53 | |||
| WCFRX | Virtus Westchester Credit Event Fund | 3.05 | |||
| BALPX | BlackRock Event Driven Equity Fund Investor Class A | 2.66 |
Historical Sortino Ratio
The chart shows BALPX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when BALPX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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IHow does BALPX fit in your portfolio?
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