BDMIX vs. FPI
BDMIX (BlackRock Global Long/Short Equity Fund Class I) is Long-Short fund managed by BlackRock, while FPI (Farmland Partners Inc.) is a stock. Over the past 10 years, BDMIX returned 8.42%/yr vs 3.71%/yr for FPI. At a correlation of -0.00, they often move in opposite directions.
Performance
BDMIX vs. FPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BDMIX achieves a 11.73% return, which is significantly higher than FPI's 4.47% return. Over the past 10 years, BDMIX has outperformed FPI with an annualized return of 8.42%, while FPI has yielded a comparatively lower 3.71% annualized return.
BDMIX
- 1D
- 1.05%
- 1M
- 2.20%
- YTD
- 11.73%
- 6M
- 13.28%
- 1Y
- 21.47%
- 3Y*
- 21.45%
- 5Y*
- 12.75%
- 10Y*
- 8.42%
FPI
- 1D
- 0.91%
- 1M
- -4.04%
- YTD
- 4.47%
- 6M
- 2.38%
- 1Y
- -9.20%
- 3Y*
- -0.15%
- 5Y*
- -0.55%
- 10Y*
- 3.71%
BDMIX vs. FPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 11.73% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
FPI Farmland Partners Inc. | 4.47% | -14.11% | 5.66% | 3.99% | 6.09% | 39.70% | 32.09% | 53.84% | -45.13% | -17.84% |
Correlation
The correlation between BDMIX and FPI is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2014 | -0.00 |
The correlation between BDMIX and FPI shifts across timeframes, from -0.02 (3 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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
BDMIX vs. FPI — Risk / Return Rank
BDMIX
FPI
BDMIX vs. FPI - 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 Farmland Partners Inc. (FPI). 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.
| BDMIX | FPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.48 | ||
| Sortino ratioReturn per unit of downside risk | +4.90 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 0.95 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 6.70 | -0.39 | +7.09 |
| Martin ratioReturn relative to average drawdown | 18.34 | -0.82 | +19.16 |
Loading charts...
Drawdowns
BDMIX vs. FPI - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -11.89%, smaller than the maximum FPI drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for BDMIX and FPI.
Loading charts...
Drawdown Indicators
| BDMIX | FPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.89% | -59.77% | +47.88% |
Max Drawdown (1Y)Largest decline over 1 year | -3.24% | -23.54% | +20.30% |
Max Drawdown (3Y)Largest decline over 3 years | -4.07% | -23.64% | +19.57% |
Max Drawdown (5Y)Largest decline over 5 years | -5.99% | -39.88% | +33.89% |
Max Drawdown (10Y)Largest decline over 10 years | -9.44% | -57.44% | +48.00% |
Current DrawdownCurrent decline from peak | -1.33% | -23.54% | +22.21% |
Average DrawdownAverage peak-to-trough decline | -2.68% | -23.61% | +20.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 11.21% | -10.03% |
Volatility
BDMIX vs. FPI - Volatility Comparison
The current volatility for BlackRock Global Long/Short Equity Fund Class I (BDMIX) is 2.69%, while Farmland Partners Inc. (FPI) has a volatility of 6.49%. This indicates that BDMIX experiences smaller price fluctuations and is considered to be less risky than FPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BDMIX | FPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 6.49% | -3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 4.75% | 18.58% | -13.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.07% | 22.92% | -15.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.58% | 28.32% | -21.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.84% | 35.64% | -29.80% |
Dividends
BDMIX vs. FPI - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 8.00%, more than FPI's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.00% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
FPI Farmland Partners Inc. | 4.71% | 4.54% | 11.31% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.82% | 5.88% | 4.57% | 4.54% |
Frequently Asked Questions
BDMIX and FPI have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPI has higher volatility (6.49%) compared to BDMIX (2.69%). In terms of maximum drawdown, BDMIX dropped -11.89% vs FPI's -59.77%.
BDMIX currently has the higher Sharpe Ratio (3.07 vs -0.40), 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 BDMIX and FPI
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