BDHIX vs. BTC-USD
Compare and contrast key facts about BlackRock Dynamic High Income Portfolio (BDHIX) and Bitcoin (BTC-USD).
BDHIX is managed by Blackrock. It was launched on Nov 2, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDHIX or BTC-USD.
Key characteristics
| BDHIX | BTC-USD | |
|---|---|---|
| YTD Return | 4.48% | 45.63% |
| 1Y Return | 14.24% | 126.36% |
| 3Y Return (Ann) | 1.15% | 9.50% |
| 5Y Return (Ann) | 4.17% | 50.85% |
| Sharpe Ratio | 2.26 | 4.96 |
| Daily Std Dev | 6.30% | 39.19% |
| Max Drawdown | -29.14% | -93.07% |
| Current Drawdown | -1.88% | -15.78% |
Correlation
The correlation between BDHIX and BTC-USD is 0.12, 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.
Performance
BDHIX vs. BTC-USD - Performance Comparison
In the year-to-date period, BDHIX achieves a 4.48% return, which is significantly lower than BTC-USD's 45.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BDHIX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Dynamic High Income Portfolio (BDHIX) and Bitcoin (BTC-USD). 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.
Drawdowns
BDHIX vs. BTC-USD - Drawdown Comparison
The maximum BDHIX drawdown since its inception was -29.14%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BDHIX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
BDHIX vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 1.61%, while Bitcoin (BTC-USD) has a volatility of 14.14%. This indicates that BDHIX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.