- ISIN
- US0924803002
- Issuer
- BlackRock
- Inception Date
- Sep 30, 2004
- Category
- Short-Term Bond
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
BRASX Performance Chart
BlackRock Allocation Target Shares Series S Portfolio (BRASX) is up 0.7% since the beginning of the year. BRASX is currently trading at $9 per share. Investors who bought $1,000 worth of BRASX shares 5 years ago would now be looking at an investment worth $1,107.
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Returns By Period
BlackRock Allocation Target Shares Series S Portfolio (BRASX) has returned 0.68% so far this year and 4.33% over the past 12 months.
BlackRock Allocation Target Shares Series S Portfolio
- 1D
- 0.00%
- 1M
- 0.06%
- YTD
- 0.68%
- 6M
- 1.29%
- 1Y
- 4.33%
- 3Y*
- 4.67%
- 5Y*
- 2.06%
- 10Y*
- 2.29%
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRASX Monthly Returns History
Based on dividend-adjusted daily data since Nov 3, 2004, BRASX's average daily return is 0.00%, while the average monthly return is +0.09%. At this rate, an investment would double in approximately 64.2 years.
Historically, 57% of months were positive and 43% were negative. The best month was Apr 2020 with a return of +2.8%, while the worst month was Mar 2020 at -5.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BRASX closed higher 25% of trading days. The best single day was Mar 26, 2020 with a return of +1.8%, while the worst single day was Mar 20, 2020 at -1.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.38% | 0.46% | -0.59% | 0.37% | 0.17% | -0.11% | 0.68% | ||||||
| 2025 | 0.50% | 0.69% | 0.39% | 0.71% | 0.18% | 0.71% | 0.07% | 1.48% | -0.05% | 0.28% | 0.49% | 0.50% | 6.08% |
| 2024 | 0.59% | -0.29% | 0.11% | -0.16% | 0.73% | 0.22% | 1.28% | 0.94% | 0.92% | -0.47% | 0.49% | -0.11% | 4.32% |
| 2023 | 1.17% | -0.60% | 1.22% | 0.43% | -0.22% | -0.22% | 0.68% | -0.00% | -0.45% | -0.34% | 1.73% | 1.40% | 4.89% |
| 2022 | -0.70% | -1.01% | -1.32% | -0.69% | 0.22% | -1.08% | 0.44% | -0.41% | -1.52% | -0.53% | 1.19% | 0.61% | -4.73% |
| 2021 | 0.10% | 0.02% | -0.07% | 0.24% | 0.12% | -0.08% | 0.03% | 0.13% | 0.03% | -0.52% | -0.18% | 0.05% | -0.12% |
Benchmark Metrics
BlackRock Allocation Target Shares Series S Portfolio has an annualized alpha of 3.90%, beta of 0.02, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since November 04, 2004.
- This fund captured 11.50% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -6.67%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.02 may look defensive, but with R2 of 0.02 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 0.02 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
- 3.90%
- Beta
- 0.02
- R²
- 0.02
- Upside Capture
- 11.50%
- Downside Capture
- -6.67%
Expense Ratio
BRASX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
BRASX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Allocation Target Shares Series S Portfolio (BRASX) and compare them to S&P 500 Index.
| BRASX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.51 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | — | — |
| Martin ratioReturn relative to average drawdown | 12.15 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
BlackRock Allocation Target Shares Series S Portfolio provided a 4.59% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.43 | $0.32 | $0.27 | $0.20 | $0.13 | $0.24 | $0.30 | $0.21 | $0.21 |
Dividend yield | 4.59% | 4.57% | 3.44% | 2.96% | 2.18% | 1.34% | 2.49% | 3.06% | 2.26% | 2.16% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Allocation Target Shares Series S Portfolio. 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 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.00 | $0.17 | ||||||
| 2025 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2024 | $0.03 | $0.03 | $0.00 | $0.04 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.32 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | $0.04 | $0.27 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.20 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.02 | $0.13 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Allocation Target Shares Series S Portfolio. 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 Allocation Target Shares Series S Portfolio was 10.61%, occurring on Mar 23, 2020. Recovery took 83 trading sessions.
The current BlackRock Allocation Target Shares Series S Portfolio drawdown is 0.16%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -10.61%Mar 2020 | 17d | 4mo | 4mo 17dMar 2020 - Jul 2020 |
Bear market2022 | -7.47%Oct 2022 | 1y 12d | 1y 6mo | 2y 7moOct 2021 - May 2024 |
2016 pullback2016 | -5.90%Mar 2016 | 3y 5mo | 3y 2mo | 6y 7moOct 2012 - May 2019 |
Financial crisis2007–2009 | -4.60%Nov 2008 | 4y 16d | 7mo 20d | 4y 8moNov 2004 - Jul 2009 |
2011 pullback2011 | -1.93%Oct 2011 | 11mo 6d | 10mo | 1y 9moNov 2010 - Aug 2012 |
Drawdown Indicators
| BRASX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.61% | -9.10% | -1.51% |
Max Drawdown (1Y)Largest decline over 1 year | -1.39% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -1.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -7.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -10.61% | — | — |
Current DrawdownCurrent decline from peak | -0.16% | -2.97% | +2.81% |
Average DrawdownAverage peak-to-trough decline | -2.00% | -1.13% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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