BDHIX vs. BTC-USD
BDHIX (BlackRock Dynamic High Income Portfolio) is Diversified Portfolio fund managed by BlackRock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, BDHIX returned 6.79%/yr vs 56.92%/yr for BTC-USD. At a 0.14 correlation, their price movements are largely independent.
Performance
BDHIX vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BDHIX achieves a 3.48% return, which is significantly higher than BTC-USD's -31.91% return. Over the past 10 years, BDHIX has underperformed BTC-USD with an annualized return of 6.79%, while BTC-USD has yielded a comparatively higher 56.92% annualized return.
BDHIX
- 1D
- 0.00%
- 1M
- -0.60%
- YTD
- 3.48%
- 6M
- 3.72%
- 1Y
- 11.49%
- 3Y*
- 11.66%
- 5Y*
- 4.29%
- 10Y*
- 6.79%
BTC-USD
- 1D
- -2.31%
- 1M
- -21.43%
- YTD
- -31.91%
- 6M
- -31.66%
- 1Y
- -44.53%
- 3Y*
- 25.32%
- 5Y*
- 13.04%
- 10Y*
- 56.92%
BDHIX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDHIX BlackRock Dynamic High Income Portfolio | 3.48% | 12.27% | 10.76% | 13.87% | -18.20% | 10.44% | 4.52% | 20.05% | -6.91% | 14.53% |
BTC-USD Bitcoin | -31.91% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between BDHIX and BTC-USD is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.14 |
Over the past year, BDHIX and BTC-USD have become more correlated (0.34) than their long-term average of 0.14, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BDHIX vs. BTC-USD — Risk / Return Rank
BDHIX
BTC-USD
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.
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.
| BDHIX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +3.81 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.84 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.85 | +2.69 |
| Martin ratioReturn relative to average drawdown | 8.20 | -1.45 | +9.65 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| BDHIX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -85.30% | +56.17% |
Max Drawdown (1Y)Largest decline over 1 year | -6.15% | -52.23% | +46.08% |
Max Drawdown (3Y)Largest decline over 3 years | -9.43% | -52.23% | +42.80% |
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 DrawdownCurrent decline from peak | -1.54% | -52.23% | +50.69% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -42.42% | +37.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 31.57% | -30.20% |
Volatility
BDHIX vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 2.74%, while Bitcoin (BTC-USD) has a volatility of 12.44%. 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.
Loading charts...
Volatility by Period
| BDHIX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.74% | 12.44% | -9.70% |
Volatility (6M)Calculated over the trailing 6-month period | 6.23% | 34.75% | -28.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.41% | 35.63% | -28.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.99% | 44.15% | -35.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.18% | 56.40% | -47.22% |
Frequently Asked Questions
BDHIX and BTC-USD have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.44%) compared to BDHIX (2.74%). In terms of maximum drawdown, BDHIX dropped -29.13% vs BTC-USD's -85.30%.
BDHIX currently has the higher Sharpe Ratio (1.53 vs -1.04), 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.
Find the right allocation for BDHIX and BTC-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer