PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BAGPX vs. WFSPX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BAGPX vs. WFSPX

Last updated Jun 25, 2026

BAGPX (BlackRock 60/40 Target Allocation Fund Investor A Shares) and WFSPX (iShares S&P 500 Index Fund Class K) are both mutual funds - BAGPX is a Diversified Portfolio fund actively managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. BAGPX is actively managed, while WFSPX is passively managed. Over the past 10 years, BAGPX returned 8.19%/yr vs 15.51%/yr for WFSPX. Their correlation of 0.93 suggests significant overlap in exposure. BAGPX charges 0.68%/yr vs 0.03%/yr for WFSPX.

Performance

BAGPX vs. WFSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock 60/40 Target Allocation Fund Investor A Shares (BAGPX) and iShares S&P 500 Index Fund Class K (WFSPX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with BAGPX having a 8.29% return and WFSPX slightly lower at 8.19%. Over the past 10 years, BAGPX has underperformed WFSPX with an annualized return of 8.19%, while WFSPX has yielded a comparatively higher 15.51% annualized return.

BAGPX

1D
-1.38%
1M
0.53%
YTD
8.29%
6M
7.38%
1Y
18.42%
3Y*
11.07%
5Y*
5.14%
10Y*
8.19%

WFSPX

1D
-1.43%
1M
-1.34%
YTD
8.19%
6M
6.86%
1Y
22.29%
3Y*
20.77%
5Y*
13.11%
10Y*
15.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BAGPX vs. WFSPX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BAGPX
BlackRock 60/40 Target Allocation Fund Investor A Shares		8.29%15.67%2.29%15.54%-16.08%7.33%20.85%20.62%-6.19%14.35%
WFSPX
iShares S&P 500 Index Fund Class K		8.19%17.83%24.94%26.25%-18.14%28.63%18.43%31.45%-4.83%21.27%

Correlation

The correlation between BAGPX and WFSPX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.94

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (10Y)
Calculated over the trailing 10-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Dec 26, 2006

0.93

The correlation between BAGPX and WFSPX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BlackRock 60/40 Target Allocation Fund Investor A Shares

iShares S&P 500 Index Fund Class K

Often compared with BAGPX:
BAGPX vs. SMIFXBAGPX vs. FCSRXBAGPX vs. FIQDXBAGPX vs. VFAIXBAGPX vs. SICIXBAGPX vs. VTCLXBAGPX vs. NWQIX
Often compared with WFSPX:
WFSPX vs. JLGMXWFSPX vs. VOOWFSPX vs. FSPGXWFSPX vs. FXAIXWFSPX vs. BRMKXWFSPX vs. IVVWFSPX vs. APGYX

Return for Risk

BAGPX vs. WFSPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BAGPX
BAGPX Risk / Return Rank: 6868
Overall Rank
BAGPX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
BAGPX Sortino Ratio Rank: 6767
Sortino Ratio Rank
BAGPX Omega Ratio Rank: 6868
Omega Ratio Rank
BAGPX Calmar Ratio Rank: 6464
Calmar Ratio Rank
BAGPX Martin Ratio Rank: 7474
Martin Ratio Rank
WFSPX
WFSPX Risk / Return Rank: 5252
Overall Rank
WFSPX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
WFSPX Sortino Ratio Rank: 4545
Sortino Ratio Rank
WFSPX Omega Ratio Rank: 4747
Omega Ratio Rank
WFSPX Calmar Ratio Rank: 5454
Calmar Ratio Rank
WFSPX Martin Ratio Rank: 6666
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAGPX vs. WFSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock 60/40 Target Allocation Fund Investor A Shares (BAGPX) and iShares S&P 500 Index Fund Class K (WFSPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

BAGPXWFSPXDifference
Sharpe ratioReturn per unit of total volatility
2.00
1.90

+0.11

Sortino ratioReturn per unit of downside risk
2.84
2.58

+0.26

Omega ratioGain probability vs. loss probability

1.38

1.34

+0.03

Calmar ratioReturn relative to maximum drawdown

2.68

2.67

+0.01

Martin ratioReturn relative to average drawdown

11.82

11.99

-0.17

BAGPX vs. WFSPX - Sharpe Ratio Comparison

The current BAGPX Sharpe Ratio is 2.00, which is comparable to the WFSPX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of BAGPX and WFSPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

BAGPX vs. WFSPX - Drawdown Comparison

The maximum BAGPX drawdown since its inception was -47.25%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for BAGPX and WFSPX.

Loading charts...

Drawdown Indicators

BAGPXWFSPXDifference

Max Drawdown

Largest peak-to-trough decline

-47.25%

-58.21%

+10.96%

Max Drawdown (1Y)

Largest decline over 1 year

-7.33%

-8.90%

+1.57%

Max Drawdown (3Y)

Largest decline over 3 years

-17.99%

-18.74%

+0.75%

Max Drawdown (5Y)

Largest decline over 5 years

-22.07%

-24.51%

+2.44%

Max Drawdown (10Y)

Largest decline over 10 years

-22.37%

-33.74%

+11.37%

Current Drawdown

Current decline from peak

-1.61%

-3.13%

+1.52%

Average Drawdown

Average peak-to-trough decline

-6.47%

-12.76%

+6.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.66%

1.98%

-0.32%

Volatility

BAGPX vs. WFSPX - Volatility Comparison

The current volatility for BlackRock 60/40 Target Allocation Fund Investor A Shares (BAGPX) is 4.33%, while iShares S&P 500 Index Fund Class K (WFSPX) has a volatility of 4.90%. This indicates that BAGPX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

BAGPXWFSPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.33%

4.90%

-0.57%

Volatility (6M)

Calculated over the trailing 6-month period

8.54%

9.93%

-1.39%

Volatility (1Y)

Calculated over the trailing 1-year period

9.83%

12.56%

-2.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.98%

16.98%

-5.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.33%

18.04%

-6.71%

BAGPX vs. WFSPX - Expense Ratio Comparison

BAGPX has a 0.68% expense ratio, which is higher than WFSPX's 0.03% expense ratio.

Dividends

BAGPX vs. WFSPX - Dividend Comparison

BAGPX's dividend yield for the trailing twelve months is around 7.23%, more than WFSPX's 1.61% yield.

PositionTTM20252024202320222021202020192018201720162015
BAGPX
BlackRock 60/40 Target Allocation Fund Investor A Shares		7.23%7.83%0.00%2.75%2.28%7.40%3.54%3.50%7.13%2.91%1.55%9.78%
WFSPX
iShares S&P 500 Index Fund Class K		1.61%1.72%1.41%1.50%2.02%1.82%1.66%1.99%2.00%1.62%2.37%2.49%

Frequently Asked Questions

With a correlation of 0.94, BAGPX and WFSPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

WFSPX has higher volatility (4.90%) compared to BAGPX (4.33%). In terms of maximum drawdown, BAGPX dropped -47.25% vs WFSPX's -58.21%.

BAGPX currently has the higher Sharpe Ratio (2.00 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for BAGPX and WFSPX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer