BAMBX vs. TALTX
Compare and contrast key facts about BlackRock Systematic Multi-Strategy Fund (BAMBX) and Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX).
BAMBX is a passively managed fund by BlackRock that tracks the performance of the ICE BofA 3 Month Treasury Bill Index (G0O1) (USD). It was launched on Sep 29, 2020. TALTX is managed by Morgan Stanley. It was launched on Feb 14, 2018.
Performance
BAMBX vs. TALTX - Performance Comparison
Loading graphics...
BAMBX vs. TALTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BAMBX BlackRock Systematic Multi-Strategy Fund | 0.97% | 4.59% | 6.61% | 6.19% | -3.23% | 5.84% | 3.34% | 8.25% | 1.81% |
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund | 0.75% | 5.51% | 3.53% | 8.27% | -2.29% | 5.33% | 5.20% | 6.53% | 1.69% |
Returns By Period
In the year-to-date period, BAMBX achieves a 0.97% return, which is significantly higher than TALTX's 0.75% return.
BAMBX
- 1D
- 0.48%
- 1M
- -3.15%
- YTD
- 0.97%
- 6M
- 2.65%
- 1Y
- 2.75%
- 3Y*
- 6.24%
- 5Y*
- 3.91%
- 10Y*
- 4.43%
TALTX
- 1D
- 0.00%
- 1M
- -2.09%
- YTD
- 0.75%
- 6M
- 2.15%
- 1Y
- 5.40%
- 3Y*
- 5.84%
- 5Y*
- 3.73%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BAMBX vs. TALTX - Expense Ratio Comparison
BAMBX has a 1.20% expense ratio, which is higher than TALTX's 0.59% expense ratio.
Return for Risk
BAMBX vs. TALTX — Risk / Return Rank
BAMBX
TALTX
BAMBX vs. TALTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Systematic Multi-Strategy Fund (BAMBX) and Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX). 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.
| BAMBX | TALTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 1.16 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.12 | 1.56 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.27 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.93 | 0.69 | +0.23 |
Martin ratioReturn relative to average drawdown | 3.30 | 2.86 | +0.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BAMBX | TALTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 1.16 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.82 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.25 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.91 | +0.44 |
Correlation
The correlation between BAMBX and TALTX is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BAMBX vs. TALTX - Dividend Comparison
BAMBX's dividend yield for the trailing twelve months is around 1.95%, less than TALTX's 4.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BAMBX BlackRock Systematic Multi-Strategy Fund | 1.95% | 1.97% | 3.86% | 4.13% | 4.70% | 2.39% | 1.09% | 3.73% | 8.70% | 3.81% | 4.82% |
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund | 4.30% | 4.34% | 2.45% | 3.11% | 6.63% | 0.69% | 0.85% | 3.12% | 0.74% | 0.00% | 0.00% |
Drawdowns
BAMBX vs. TALTX - Drawdown Comparison
The maximum BAMBX drawdown since its inception was -8.84%, smaller than the maximum TALTX drawdown of -14.24%. Use the drawdown chart below to compare losses from any high point for BAMBX and TALTX.
Loading graphics...
Drawdown Indicators
| BAMBX | TALTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.84% | -14.24% | +5.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.61% | -5.15% | +1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -6.66% | -6.38% | -0.28% |
Max Drawdown (10Y)Largest decline over 10 years | -8.84% | — | — |
Current DrawdownCurrent decline from peak | -3.15% | -2.09% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -1.21% | -1.37% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.54% | -0.53% |
Volatility
BAMBX vs. TALTX - Volatility Comparison
BlackRock Systematic Multi-Strategy Fund (BAMBX) has a higher volatility of 1.49% compared to Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX) at 0.96%. This indicates that BAMBX's price experiences larger fluctuations and is considered to be riskier than TALTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BAMBX | TALTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 0.96% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 2.56% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.02% | 5.36% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.56% | 4.68% | -1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.54% | 4.73% | -1.19% |