BDMIX vs. AGG
Compare and contrast key facts about BlackRock Global Long/Short Equity Fund Class I (BDMIX) and iShares Core U.S. Aggregate Bond ETF (AGG).
BDMIX is managed by Blackrock. It was launched on Dec 20, 2012. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDMIX or AGG.
Key characteristics
| BDMIX | AGG | |
|---|---|---|
| YTD Return | 19.12% | 2.65% |
| 1Y Return | 23.39% | 9.31% |
| 3Y Return (Ann) | 11.58% | -2.21% |
| 5Y Return (Ann) | 5.64% | 0.10% |
| 10Y Return (Ann) | 3.21% | 1.55% |
| Sharpe Ratio | 3.32 | 1.40 |
| Sortino Ratio | 4.88 | 2.06 |
| Omega Ratio | 1.65 | 1.25 |
| Calmar Ratio | 5.72 | 0.54 |
| Martin Ratio | 21.05 | 5.12 |
| Ulcer Index | 1.11% | 1.64% |
| Daily Std Dev | 7.02% | 5.98% |
| Max Drawdown | -14.89% | -18.43% |
| Current Drawdown | -2.23% | -7.73% |
Correlation
The correlation between BDMIX and AGG is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BDMIX vs. AGG - Performance Comparison
In the year-to-date period, BDMIX achieves a 19.12% return, which is significantly higher than AGG's 2.65% return. Over the past 10 years, BDMIX has outperformed AGG with an annualized return of 3.21%, while AGG has yielded a comparatively lower 1.55% annualized 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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BDMIX vs. AGG - Expense Ratio Comparison
BDMIX has a 1.57% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
BDMIX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Long/Short Equity Fund Class I (BDMIX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
BDMIX vs. AGG - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 12.80%, more than AGG's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 12.80% | 7.42% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.27% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.93% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
BDMIX vs. AGG - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -14.89%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BDMIX and AGG. For additional features, visit the drawdowns tool.
Volatility
BDMIX vs. AGG - Volatility Comparison
BlackRock Global Long/Short Equity Fund Class I (BDMIX) has a higher volatility of 3.14% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.68%. This indicates that BDMIX's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.