BDMIX vs. BGCKX
Compare and contrast key facts about BlackRock Global Long/Short Equity Fund Class I (BDMIX) and BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX).
BDMIX is managed by BlackRock. It was launched on Dec 20, 2012. BGCKX is an actively managed fund by BlackRock. It was launched on Jan 29, 2016.
Performance
BDMIX vs. BGCKX - Performance Comparison
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BDMIX vs. BGCKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 5.01% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
BGCKX BlackRock Global Equity Market Neutral Fund Institutional Shares | 4.30% | 18.38% | 21.55% | 14.60% | 1.80% | 3.42% | 0.33% | -0.82% | 2.22% | 12.83% |
Returns By Period
In the year-to-date period, BDMIX achieves a 5.01% return, which is significantly higher than BGCKX's 4.30% return. Both investments have delivered pretty close results over the past 10 years, with BDMIX having a 7.36% annualized return and BGCKX not far behind at 7.34%.
BDMIX
- 1D
- 0.66%
- 1M
- 2.48%
- YTD
- 5.01%
- 6M
- 10.37%
- 1Y
- 17.85%
- 3Y*
- 19.12%
- 5Y*
- 11.52%
- 10Y*
- 7.36%
BGCKX
- 1D
- 0.66%
- 1M
- 1.60%
- YTD
- 4.30%
- 6M
- 8.76%
- 1Y
- 17.24%
- 3Y*
- 18.92%
- 5Y*
- 11.44%
- 10Y*
- 7.34%
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BDMIX vs. BGCKX - Expense Ratio Comparison
BDMIX has a 1.57% expense ratio, which is higher than BGCKX's 1.29% expense ratio.
Return for Risk
BDMIX vs. BGCKX — Risk / Return Rank
BDMIX
BGCKX
BDMIX vs. BGCKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Long/Short Equity Fund Class I (BDMIX) and BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX). 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.
| BDMIX | BGCKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.61 | 2.56 | +0.04 |
Sortino ratioReturn per unit of downside risk | 3.82 | 3.74 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.48 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 5.07 | 5.29 | -0.22 |
Martin ratioReturn relative to average drawdown | 14.08 | 14.43 | -0.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BDMIX | BGCKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.61 | 2.56 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.78 | 1.77 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.28 | 1.27 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 1.28 | -0.12 |
Correlation
The correlation between BDMIX and BGCKX is 0.94, 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.
Dividends
BDMIX vs. BGCKX - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 8.51%, which matches BGCKX's 8.59% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.51% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
BGCKX BlackRock Global Equity Market Neutral Fund Institutional Shares | 8.59% | 8.96% | 13.25% | 7.49% | 0.00% | 1.22% | 0.34% | 6.80% | 0.96% | 0.00% | 0.00% | 0.00% |
Drawdowns
BDMIX vs. BGCKX - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -11.89%, which is greater than BGCKX's maximum drawdown of -9.47%. Use the drawdown chart below to compare losses from any high point for BDMIX and BGCKX.
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Drawdown Indicators
| BDMIX | BGCKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.89% | -9.47% | -2.42% |
Max Drawdown (1Y)Largest decline over 1 year | -3.60% | -3.51% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -7.45% | -7.35% | -0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -9.44% | -9.47% | +0.03% |
Current DrawdownCurrent decline from peak | 0.00% | -0.20% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -2.71% | -2.18% | -0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.29% | +0.01% |
Volatility
BDMIX vs. BGCKX - Volatility Comparison
BlackRock Global Long/Short Equity Fund Class I (BDMIX) has a higher volatility of 1.79% compared to BlackRock Global Equity Market Neutral Fund Institutional Shares (BGCKX) at 1.70%. This indicates that BDMIX's price experiences larger fluctuations and is considered to be riskier than BGCKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDMIX | BGCKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 1.70% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 4.82% | 4.78% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.91% | 6.93% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 6.51% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 5.77% | 0.00% |