BAMPX vs. BIMPX

Last updated Jun 5, 2026

BAMPX (BlackRock 40/60 Target Allocation Inv A) and BIMPX (BlackRock 40/60 Target Allocation Fund) are both Diversified Portfolio funds from BlackRock. Over the past 10 years, BAMPX returned 6.82%/yr vs 6.81%/yr for BIMPX. With a 0.99 correlation, they move nearly in lockstep. BAMPX charges 0.61%/yr vs 0.11%/yr for BIMPX.

Performance

BAMPX vs. BIMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock 40/60 Target Allocation Inv A (BAMPX) and BlackRock 40/60 Target Allocation Fund (BIMPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with BAMPX having a 6.57% return and BIMPX slightly higher at 6.64%. Both investments have delivered pretty close results over the past 10 years, with BAMPX having a 6.82% annualized return and BIMPX not far behind at 6.81%.

BAMPX

• 1D: -0.41%
• 1M: 2.70%
• YTD: 6.57%
• 6M: 6.77%
• 1Y: 15.89%
• 3Y*: 11.34%
• 5Y*: 4.96%
• 10Y*: 6.82%

BIMPX

• 1D: -0.48%
• 1M: 2.67%
• YTD: 6.64%
• 6M: 6.89%
• 1Y: 16.23%
• 3Y*: 10.47%
• 5Y*: 4.60%
• 10Y*: 6.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAMPX vs. BIMPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BAMPX BlackRock 40/60 Target Allocation Inv A	6.57%	13.05%	8.15%	11.99%	-15.08%	3.39%	19.09%	16.23%	-4.07%	11.28%
BIMPX BlackRock 40/60 Target Allocation Fund	6.64%	13.43%	4.93%	12.41%	-14.84%	3.51%	19.76%	16.65%	-3.77%	11.77%

Correlation

The correlation between BAMPX and BIMPX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Dec 27, 2006	0.99

The correlation between BAMPX and BIMPX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

BAMPX vs. BIMPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAMPX

BAMPX Risk / Return Rank: 65
BAMPX Sharpe Ratio Rank: 67
BAMPX Sortino Ratio Rank: 69
BAMPX Omega Ratio Rank: 70
BAMPX Calmar Ratio Rank: 56
BAMPX Martin Ratio Rank: 65

BIMPX

BIMPX Risk / Return Rank: 68
BIMPX Sharpe Ratio Rank: 69
BIMPX Sortino Ratio Rank: 72
BIMPX Omega Ratio Rank: 71
BIMPX Calmar Ratio Rank: 60
BIMPX Martin Ratio Rank: 67

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.

BAMPX vs. BIMPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock 40/60 Target Allocation Inv A (BAMPX) and BlackRock 40/60 Target Allocation Fund (BIMPX). 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.

	BAMPX	BIMPX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.41	-0.04
Sortino ratio: Return per unit of downside risk	3.45	3.53	-0.08
Omega ratio: Gain probability vs. loss probability	1.46	1.47	-0.01
Calmar ratio: Return relative to maximum drawdown	2.85	2.95	-0.09
Martin ratio: Return relative to average drawdown	12.56	12.90	-0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAMPX vs. BIMPX - Sharpe Ratio Comparison

The current BAMPX Sharpe Ratio is 2.37, which is comparable to the BIMPX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of BAMPX and BIMPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAMPX	BIMPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.41	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.50	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.80	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.59	-0.01

Drawdowns

BAMPX vs. BIMPX - Drawdown Comparison

The maximum BAMPX drawdown since its inception was -39.58%, roughly equal to the maximum BIMPX drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for BAMPX and BIMPX.

Drawdown Indicators

	BAMPX	BIMPX	Difference
Max Drawdown Largest peak-to-trough decline	-39.58%	-39.37%	-0.21%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	-5.74%	-0.07%
Max Drawdown (3Y) Largest decline over 3 years	-8.29%	-11.11%	+2.82%
Max Drawdown (5Y) Largest decline over 5 years	-20.13%	-19.85%	-0.28%
Max Drawdown (10Y) Largest decline over 10 years	-20.13%	-19.85%	-0.28%
Current Drawdown Current decline from peak	-0.41%	-0.48%	+0.07%
Average Drawdown Average peak-to-trough decline	-4.87%	-4.78%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	1.31%	0.00%

Volatility

BAMPX vs. BIMPX - Volatility Comparison

BlackRock 40/60 Target Allocation Inv A (BAMPX) and BlackRock 40/60 Target Allocation Fund (BIMPX) have volatilities of 2.65% and 2.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMPX	BIMPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	2.73%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	5.95%	5.94%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	6.99%	7.01%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.08%	9.19%	-0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.47%	8.57%	-0.10%

BAMPX vs. BIMPX - Expense Ratio Comparison

BAMPX has a 0.61% expense ratio, which is higher than BIMPX's 0.11% expense ratio.

Dividends

BAMPX vs. BIMPX - Dividend Comparison

BAMPX's dividend yield for the trailing twelve months is around 5.07%, less than BIMPX's 5.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAMPX BlackRock 40/60 Target Allocation Inv A	5.07%	5.40%	3.11%	2.67%	2.72%	6.11%	4.12%	2.36%	7.62%	2.17%	1.57%	9.54%
BIMPX BlackRock 40/60 Target Allocation Fund	5.33%	5.68%	0.00%	2.96%	3.06%	6.35%	4.34%	2.66%	7.95%	2.50%	1.83%	9.76%

Frequently Asked Questions

Can I hold both BAMPX and BIMPX in my portfolio?

With a correlation of 0.99, BAMPX and BIMPX 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.

Which is riskier, BAMPX or BIMPX?

BIMPX has higher volatility (2.73%) compared to BAMPX (2.65%). In terms of maximum drawdown, BAMPX dropped -39.58% vs BIMPX's -39.37%.

Which has better risk-adjusted returns?

BIMPX currently has the higher Sharpe Ratio (2.41 vs 2.37), 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.