BDHIX vs. BTC-USD

Last updated Apr 3, 2026

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.

Performance

BDHIX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Dynamic High Income Portfolio (BDHIX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

BDHIX vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BDHIX BlackRock Dynamic High Income Portfolio	-0.60%	12.27%	10.76%	13.87%	-18.20%	10.44%	4.52%	20.05%	-6.91%	14.53%
BTC-USD Bitcoin	-23.70%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, BDHIX achieves a -0.60% return, which is significantly higher than BTC-USD's -23.70% return. Over the past 10 years, BDHIX has underperformed BTC-USD with an annualized return of 6.43%, while BTC-USD has yielded a comparatively higher 66.03% annualized return.

BDHIX

• 1D: 0.69%
• 1M: -1.57%
• YTD: -0.60%
• 6M: 1.28%
• 1Y: 10.68%
• 3Y*: 10.61%
• 5Y*: 4.31%
• 10Y*: 6.43%

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

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

Return for Risk

BDHIX vs. BTC-USD — Risk / Return Rank

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

BDHIX

BDHIX Risk / Return Rank: 56
BDHIX Sharpe Ratio Rank: 57
BDHIX Sortino Ratio Rank: 57
BDHIX Omega Ratio Rank: 58
BDHIX Calmar Ratio Rank: 51
BDHIX Martin Ratio Rank: 55

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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.

BDHIX vs. BTC-USD - Risk-Adjusted Trends 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.

	BDHIX	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	1.21	-0.43	+1.65
Sortino ratio Return per unit of downside risk	1.73	-0.36	+2.09
Omega ratio Gain probability vs. loss probability	1.26	0.96	+0.30
Calmar ratio Return relative to maximum drawdown	1.57	-1.14	+2.70
Martin ratio Return relative to average drawdown	6.65	-2.03	+8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BDHIX vs. BTC-USD - Sharpe Ratio Comparison

The current BDHIX Sharpe Ratio is 1.21, which is higher than the BTC-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of BDHIX and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BDHIX	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	-0.43	+1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.06	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.97	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.18	-0.58

Correlation

The correlation between BDHIX and BTC-USD is 0.14, 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.

Drawdowns

BDHIX vs. BTC-USD - Drawdown Comparison

The maximum BDHIX drawdown since its inception was -29.13%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BDHIX and BTC-USD.

Drawdown Indicators

	BDHIX	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-29.13%	-85.30%	+56.17%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-49.65%	+43.50%
Max Drawdown (5Y) Largest decline over 5 years	-23.55%	-76.67%	+53.12%
Max Drawdown (10Y) Largest decline over 10 years	-29.13%	-83.80%	+54.67%
Current Drawdown Current decline from peak	-3.40%	-46.47%	+43.07%
Average Drawdown Average peak-to-trough decline	-4.84%	-42.00%	+37.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	27.75%	-26.07%

Volatility

BDHIX vs. BTC-USD - Volatility Comparison

The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 3.75%, while Bitcoin (BTC-USD) has a volatility of 13.70%. 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.

Volatility by Period

	BDHIX	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	13.70%	-9.95%
Volatility (6M) Calculated over the trailing 6-month period	5.49%	35.96%	-30.47%
Volatility (1Y) Calculated over the trailing 1-year period	9.18%	36.69%	-27.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.87%	46.91%	-38.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.14%	56.71%	-47.57%