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BATAX vs. ASFYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BATAX vs. ASFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Allocation Target Shares Series A Portfolio (BATAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). The values are adjusted to include any dividend payments, if applicable.

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BATAX vs. ASFYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BATAX
BlackRock Allocation Target Shares Series A Portfolio
0.59%7.37%7.34%6.43%-5.87%1.72%2.75%6.76%2.20%5.21%
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
6.72%-9.67%-3.22%-10.33%35.67%3.52%13.59%8.99%-12.59%6.78%

Returns By Period

In the year-to-date period, BATAX achieves a 0.59% return, which is significantly lower than ASFYX's 6.72% return. Over the past 10 years, BATAX has outperformed ASFYX with an annualized return of 3.68%, while ASFYX has yielded a comparatively lower 1.88% annualized return.


BATAX

1D
0.10%
1M
-0.52%
YTD
0.59%
6M
1.98%
1Y
5.86%
3Y*
6.46%
5Y*
3.34%
10Y*
3.68%

ASFYX

1D
0.12%
1M
-0.84%
YTD
6.72%
6M
10.49%
1Y
3.28%
3Y*
-2.85%
5Y*
2.28%
10Y*
1.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BATAX vs. ASFYX - Expense Ratio Comparison

BATAX has a 0.00% expense ratio, which is lower than ASFYX's 1.47% expense ratio.


Return for Risk

BATAX vs. ASFYX — Risk / Return Rank

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

BATAX
BATAX Risk / Return Rank: 9898
Overall Rank
BATAX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
BATAX Sortino Ratio Rank: 9999
Sortino Ratio Rank
BATAX Omega Ratio Rank: 9898
Omega Ratio Rank
BATAX Calmar Ratio Rank: 9898
Calmar Ratio Rank
BATAX Martin Ratio Rank: 9898
Martin Ratio Rank

ASFYX
ASFYX Risk / Return Rank: 99
Overall Rank
ASFYX Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
ASFYX Sortino Ratio Rank: 88
Sortino Ratio Rank
ASFYX Omega Ratio Rank: 99
Omega Ratio Rank
ASFYX Calmar Ratio Rank: 99
Calmar Ratio Rank
ASFYX Martin Ratio Rank: 77
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.

BATAX vs. ASFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series A Portfolio (BATAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.


BATAXASFYXDifference

Sharpe ratio

Return per unit of total volatility

2.86

0.27

+2.58

Sortino ratio

Return per unit of downside risk

6.36

0.42

+5.94

Omega ratio

Gain probability vs. loss probability

1.98

1.06

+0.91

Calmar ratio

Return relative to maximum drawdown

5.55

0.18

+5.37

Martin ratio

Return relative to average drawdown

21.28

0.29

+20.99

BATAX vs. ASFYX - Sharpe Ratio Comparison

The current BATAX Sharpe Ratio is 2.86, which is higher than the ASFYX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of BATAX and ASFYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BATAXASFYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.86

0.27

+2.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.57

0.17

+1.40

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.21

0.15

+1.06

Sharpe Ratio (All Time)

Calculated using the full available price history

1.08

0.31

+0.77

Correlation

The correlation between BATAX and ASFYX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

BATAX vs. ASFYX - Dividend Comparison

BATAX's dividend yield for the trailing twelve months is around 5.38%, more than ASFYX's 1.42% yield.


TTM20252024202320222021202020192018201720162015
BATAX
BlackRock Allocation Target Shares Series A Portfolio
5.38%5.92%5.45%3.91%3.14%1.82%3.22%4.73%5.36%4.10%0.40%0.00%
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
1.42%1.52%1.46%0.99%32.48%6.07%3.40%5.51%1.30%0.07%0.01%5.06%

Drawdowns

BATAX vs. ASFYX - Drawdown Comparison

The maximum BATAX drawdown since its inception was -17.42%, smaller than the maximum ASFYX drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for BATAX and ASFYX.


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Drawdown Indicators


BATAXASFYXDifference

Max Drawdown

Largest peak-to-trough decline

-17.42%

-36.43%

+19.01%

Max Drawdown (1Y)

Largest decline over 1 year

-1.15%

-13.51%

+12.36%

Max Drawdown (5Y)

Largest decline over 5 years

-8.12%

-36.43%

+28.31%

Max Drawdown (10Y)

Largest decline over 10 years

-17.42%

-36.43%

+19.01%

Current Drawdown

Current decline from peak

-0.73%

-24.28%

+23.55%

Average Drawdown

Average peak-to-trough decline

-1.32%

-13.10%

+11.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.30%

8.26%

-7.96%

Volatility

BATAX vs. ASFYX - Volatility Comparison

The current volatility for BlackRock Allocation Target Shares Series A Portfolio (BATAX) is 0.43%, while AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) has a volatility of 3.82%. This indicates that BATAX experiences smaller price fluctuations and is considered to be less risky than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BATAXASFYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.43%

3.82%

-3.39%

Volatility (6M)

Calculated over the trailing 6-month period

1.36%

10.00%

-8.64%

Volatility (1Y)

Calculated over the trailing 1-year period

2.12%

13.00%

-10.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.14%

13.67%

-11.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.07%

12.68%

-9.61%