Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Global Equity Market Neutral Fund Institutional Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX) has returned 3.62% so far this year and 16.80% over the past 12 months. Over the last ten years, BGCKX has returned 7.27% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
BlackRock Global Equity Market Neutral Fund Institutional Shares
- 1D
- -0.46%
- 1M
- 0.93%
- YTD
- 3.62%
- 6M
- 6.66%
- 1Y
- 16.80%
- 3Y*
- 18.66%
- 5Y*
- 11.22%
- 10Y*
- 7.27%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Mar 30, 2016, BGCKX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, your investment would double in approximately 9.8 years.
Historically, 64% of months were positive and 36% were negative. The best month was Jan 2024 with a return of +4.3%, while the worst month was Sep 2020 at -3.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.
On a daily basis, BGCKX closed higher 48% of trading days. The best single day was Apr 30, 2020 with a return of +1.4%, while the worst single day was Mar 17, 2020 at -2.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.02% | 1.62% | 0.93% | 3.62% | |||||||||
| 2025 | 1.85% | 0.07% | 3.04% | 1.83% | 1.79% | -0.47% | -0.94% | 3.25% | 3.78% | -1.96% | 1.10% | 3.85% | 18.38% |
| 2024 | 4.27% | 1.14% | 3.90% | 1.37% | 1.49% | 3.29% | 2.20% | -1.85% | 1.09% | 0.93% | 0.57% | 1.43% | 21.55% |
| 2023 | 2.36% | -0.90% | 0.83% | 0.58% | -1.72% | 3.16% | 1.09% | -0.24% | 2.10% | 2.22% | 3.64% | 0.74% | 14.60% |
| 2022 | 0.34% | -1.71% | 0.09% | 0.00% | -1.13% | 0.18% | -0.09% | -0.88% | 1.95% | -0.52% | 1.92% | 1.71% | 1.80% |
| 2021 | 1.75% | 2.67% | 1.17% | -0.58% | 1.25% | -1.40% | -0.23% | -1.35% | -1.29% | 0.78% | 0.17% | 0.52% | 3.42% |
Benchmark Metrics
BlackRock Global Equity Market Neutral Fund Institutional Shares has an annualized alpha of 7.19%, beta of 0.02, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 31, 2016.
- This fund captured 16.17% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -16.79%) — a profile typical of hedging or uncorrelated assets.
- Beta of 0.02 may look defensive, but with R² of 0.01 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R² of 0.01 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 7.19%
- Beta
- 0.02
- R²
- 0.01
- Upside Capture
- 16.17%
- Downside Capture
- -16.79%
Expense Ratio
BGCKX has a high expense ratio of 1.29%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BGCKX ranks 96 for risk / return — in the top 96% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX) and compare them to a chosen benchmark (S&P 500 Index).
| BGCKX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.59 | 0.90 | +1.69 |
Sortino ratioReturn per unit of downside risk | 3.78 | 1.39 | +2.40 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.21 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 5.07 | 1.40 | +3.67 |
Martin ratioReturn relative to average drawdown | 13.83 | 6.61 | +7.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore BGCKX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
BlackRock Global Equity Market Neutral Fund Institutional Shares provided a 8.65% dividend yield over the last twelve months, with an annual payout of $1.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.31 | $1.31 | $1.80 | $0.95 | $0.00 | $0.14 | $0.04 | $0.78 | $0.12 |
Dividend yield | 8.65% | 8.96% | 13.25% | 7.49% | 0.00% | 1.22% | 0.34% | 6.80% | 0.96% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Global Equity Market Neutral Fund Institutional Shares. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $1.31 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $1.80 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Global Equity Market Neutral Fund Institutional Shares. 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 Global Equity Market Neutral Fund Institutional Shares was 9.47%, occurring on Mar 18, 2020. Recovery took 244 trading sessions.
The current BlackRock Global Equity Market Neutral Fund Institutional Shares drawdown is 0.85%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.47% | May 29, 2019 | 204 | Mar 18, 2020 | 244 | Mar 8, 2021 | 448 |
| -7.35% | May 14, 2021 | 316 | Aug 12, 2022 | 117 | Jan 31, 2023 | 433 |
| -5.27% | Apr 4, 2016 | 115 | Sep 14, 2016 | 109 | Feb 17, 2017 | 224 |
| -4.95% | Jan 16, 2018 | 38 | Mar 9, 2018 | 57 | May 31, 2018 | 95 |
| -4.13% | Aug 1, 2024 | 5 | Aug 7, 2024 | 45 | Oct 10, 2024 | 50 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...