BDHIX vs. SPY
Compare and contrast key facts about BlackRock Dynamic High Income Portfolio (BDHIX) and SPDR S&P 500 ETF (SPY).
BDHIX is managed by Blackrock. It was launched on Nov 2, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDHIX or SPY.
Correlation
The correlation between BDHIX and SPY is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BDHIX vs. SPY - Performance Comparison
Key characteristics
BDHIX:
1.49
SPY:
1.88
BDHIX:
2.06
SPY:
2.51
BDHIX:
1.29
SPY:
1.35
BDHIX:
1.14
SPY:
2.83
BDHIX:
7.52
SPY:
11.89
BDHIX:
1.25%
SPY:
2.00%
BDHIX:
6.34%
SPY:
12.69%
BDHIX:
-29.13%
SPY:
-55.19%
BDHIX:
-4.03%
SPY:
-3.89%
Returns By Period
In the year-to-date period, BDHIX achieves a -0.46% return, which is significantly higher than SPY's -0.66% return. Over the past 10 years, BDHIX has underperformed SPY with an annualized return of 4.83%, while SPY has yielded a comparatively higher 13.18% annualized return.
BDHIX
-0.46%
-2.83%
1.43%
9.42%
2.95%
4.83%
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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BDHIX vs. SPY - Expense Ratio Comparison
BDHIX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BDHIX vs. SPY — Risk-Adjusted Performance Rank
BDHIX
SPY
BDHIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Dynamic High Income Portfolio (BDHIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BDHIX vs. SPY - Dividend Comparison
BDHIX's dividend yield for the trailing twelve months is around 6.66%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDHIX BlackRock Dynamic High Income Portfolio | 6.66% | 6.63% | 6.40% | 6.23% | 4.92% | 5.20% | 5.66% | 7.39% | 5.92% | 6.15% | 6.87% | 0.65% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BDHIX vs. SPY - Drawdown Comparison
The maximum BDHIX drawdown since its inception was -29.13%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BDHIX and SPY. For additional features, visit the drawdowns tool.
Volatility
BDHIX vs. SPY - Volatility Comparison
The current volatility for BlackRock Dynamic High Income Portfolio (BDHIX) is 2.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.61%. This indicates that BDHIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.