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BDBKX vs. BSPGX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BDBKX vs. BSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Russell 2000 Small-Cap Index Fund Class K (BDBKX) and iShares S&P 500 Index Fund Class G (BSPGX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BDBKX achieves a 20.72% return, which is significantly higher than BSPGX's 10.18% return.


BDBKX

1D
2.15%
1M
3.99%
YTD
20.72%
6M
17.17%
1Y
43.01%
3Y*
18.28%
5Y*
7.35%
10Y*
11.42%

BSPGX

1D
1.08%
1M
0.46%
YTD
10.18%
6M
9.67%
1Y
27.15%
3Y*
20.96%
5Y*
14.08%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BDBKX vs. BSPGX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
BDBKX
iShares Russell 2000 Small-Cap Index Fund Class K
20.72%12.81%11.40%17.04%-20.32%14.59%20.02%7.15%
BSPGX
iShares S&P 500 Index Fund Class G
10.18%17.85%24.96%26.27%-18.12%28.66%19.16%11.06%

Correlation

The correlation between BDBKX and BSPGX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


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

0.80

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

0.78

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

0.81

Correlation (All Time)
Calculated using the full available price history since Jul 2, 2019

0.81

The correlation between BDBKX and BSPGX has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.

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Return for Risk

BDBKX vs. BSPGX — Risk / Return Rank

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

BDBKX
BDBKX Risk / Return Rank: 6969
Overall Rank
BDBKX Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
BDBKX Sortino Ratio Rank: 6161
Sortino Ratio Rank
BDBKX Omega Ratio Rank: 5050
Omega Ratio Rank
BDBKX Calmar Ratio Rank: 8686
Calmar Ratio Rank
BDBKX Martin Ratio Rank: 8080
Martin Ratio Rank

BSPGX
BSPGX Risk / Return Rank: 6666
Overall Rank
BSPGX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
BSPGX Sortino Ratio Rank: 5858
Sortino Ratio Rank
BSPGX Omega Ratio Rank: 6060
Omega Ratio Rank
BSPGX Calmar Ratio Rank: 6868
Calmar Ratio Rank
BSPGX Martin Ratio Rank: 7979
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.

BDBKX vs. BSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 Small-Cap Index Fund Class K (BDBKX) and iShares S&P 500 Index Fund Class G (BSPGX). 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.


BDBKXBSPGXDifference
Sharpe ratioReturn per unit of total volatility

+0.02

Sortino ratioReturn per unit of downside risk

+0.06

Omega ratioGain probability vs. loss probability

1.36

1.39

-0.04

Calmar ratioReturn relative to maximum drawdown

3.92

3.03

+0.88

Martin ratioReturn relative to average drawdown

13.86

13.72

+0.14

BDBKX vs. BSPGX - Sharpe Ratio Comparison

The current BDBKX Sharpe Ratio is 2.19, which is comparable to the BSPGX Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of BDBKX and BSPGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BDBKX vs. BSPGX - Drawdown Comparison

The maximum BDBKX drawdown since its inception was -41.66%, which is greater than BSPGX's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for BDBKX and BSPGX.


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Drawdown Indicators


BDBKXBSPGXDifference

Max Drawdown

Largest peak-to-trough decline

-41.66%

-33.74%

-7.92%

Max Drawdown (1Y)

Largest decline over 1 year

-10.97%

-8.90%

-2.07%

Max Drawdown (3Y)

Largest decline over 3 years

-27.53%

-18.73%

-8.80%

Max Drawdown (5Y)

Largest decline over 5 years

-31.96%

-24.50%

-7.46%

Max Drawdown (10Y)

Largest decline over 10 years

-41.66%

Current Drawdown

Current decline from peak

0.00%

-1.36%

+1.36%

Average Drawdown

Average peak-to-trough decline

-8.72%

-5.06%

-3.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.09%

1.96%

+1.13%

Volatility

BDBKX vs. BSPGX - Volatility Comparison

iShares Russell 2000 Small-Cap Index Fund Class K (BDBKX) has a higher volatility of 6.77% compared to iShares S&P 500 Index Fund Class G (BSPGX) at 4.77%. This indicates that BDBKX's price experiences larger fluctuations and is considered to be riskier than BSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BDBKXBSPGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.77%

4.77%

+2.00%

Volatility (6M)

Calculated over the trailing 6-month period

14.33%

9.90%

+4.43%

Volatility (1Y)

Calculated over the trailing 1-year period

19.66%

12.47%

+7.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.26%

16.98%

+6.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.76%

20.01%

+3.75%

BDBKX vs. BSPGX - Expense Ratio Comparison

BDBKX has a 0.07% expense ratio, which is higher than BSPGX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

BDBKX vs. BSPGX - Dividend Comparison

BDBKX's dividend yield for the trailing twelve months is around 2.63%, more than BSPGX's 1.60% yield.


PositionTTM20252024202320222021202020192018201720162015
BDBKX
iShares Russell 2000 Small-Cap Index Fund Class K
2.63%3.17%4.84%2.96%1.76%7.67%1.45%3.47%4.29%3.18%4.62%3.64%
BSPGX
iShares S&P 500 Index Fund Class G
1.60%1.74%1.43%1.52%2.04%1.83%2.09%2.25%0.00%0.00%0.00%0.00%

Frequently Asked Questions


BDBKX and BSPGX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BDBKX has higher volatility (6.77%) compared to BSPGX (4.77%). In terms of maximum drawdown, BDBKX dropped -41.66% vs BSPGX's -33.74%.

BDBKX currently has the higher Sharpe Ratio (2.19 vs 2.17), 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

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

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