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:
2.09
SPY:
1.87
BDHIX:
2.92
SPY:
2.52
BDHIX:
1.41
SPY:
1.35
BDHIX:
2.06
SPY:
2.81
BDHIX:
10.72
SPY:
11.69
BDHIX:
1.23%
SPY:
2.02%
BDHIX:
6.33%
SPY:
12.65%
BDHIX:
-29.13%
SPY:
-55.19%
BDHIX:
0.00%
SPY:
0.00%
Returns By Period
In the year-to-date period, BDHIX achieves a 3.37% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, BDHIX has underperformed SPY with an annualized return of 4.91%, while SPY has yielded a comparatively higher 13.23% annualized return.
BDHIX
3.37%
2.19%
5.28%
13.35%
3.82%
4.91%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 7.12%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDHIX BlackRock Dynamic High Income Portfolio | 7.12% | 7.26% | 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 | 1.15% | 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 1.34%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. 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.