ASILX vs. BLNDX
Compare and contrast key facts about AB Select US Long/Short Portfolio (ASILX) and Standpoint Multi-Asset Fund Institutional (BLNDX).
ASILX is managed by AllianceBernstein. It was launched on Dec 11, 2012. BLNDX is managed by Ultimus Fund. It was launched on Dec 30, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASILX or BLNDX.
Correlation
The correlation between ASILX and BLNDX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ASILX vs. BLNDX - Performance Comparison
Key characteristics
ASILX:
1.29
BLNDX:
-0.59
ASILX:
1.79
BLNDX:
-0.68
ASILX:
1.24
BLNDX:
0.91
ASILX:
1.49
BLNDX:
-0.43
ASILX:
4.70
BLNDX:
-1.18
ASILX:
2.52%
BLNDX:
6.36%
ASILX:
9.21%
BLNDX:
12.70%
ASILX:
-18.36%
BLNDX:
-17.69%
ASILX:
-4.55%
BLNDX:
-13.32%
Returns By Period
In the year-to-date period, ASILX achieves a -0.33% return, which is significantly higher than BLNDX's -8.53% return.
ASILX
-0.33%
3.69%
1.47%
10.38%
10.46%
7.61%
BLNDX
-8.53%
3.15%
-7.40%
-7.34%
8.19%
N/A
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ASILX vs. BLNDX - Expense Ratio Comparison
ASILX has a 1.55% expense ratio, which is higher than BLNDX's 1.27% expense ratio.
Risk-Adjusted Performance
ASILX vs. BLNDX — Risk-Adjusted Performance Rank
ASILX
BLNDX
ASILX vs. BLNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Select US Long/Short Portfolio (ASILX) and Standpoint Multi-Asset Fund Institutional (BLNDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ASILX vs. BLNDX - Dividend Comparison
ASILX's dividend yield for the trailing twelve months is around 0.77%, less than BLNDX's 6.27% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|---|
ASILX AB Select US Long/Short Portfolio | 0.77% | 0.76% | 1.41% | 0.00% | 0.00% | 0.00% | 0.18% |
BLNDX Standpoint Multi-Asset Fund Institutional | 6.27% | 5.74% | 0.88% | 0.53% | 4.70% | 1.21% | 0.00% |
Drawdowns
ASILX vs. BLNDX - Drawdown Comparison
The maximum ASILX drawdown since its inception was -18.36%, roughly equal to the maximum BLNDX drawdown of -17.69%. Use the drawdown chart below to compare losses from any high point for ASILX and BLNDX. For additional features, visit the drawdowns tool.
Volatility
ASILX vs. BLNDX - Volatility Comparison
The current volatility for AB Select US Long/Short Portfolio (ASILX) is 4.18%, while Standpoint Multi-Asset Fund Institutional (BLNDX) has a volatility of 6.72%. This indicates that ASILX experiences smaller price fluctuations and is considered to be less risky than BLNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.