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BDMIX vs. GURIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BDMIX vs. GURIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Global Equity Market Neutral Fund Class I (BDMIX) and Guggenheim Risk Managed Real Estate Fund (GURIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BDMIX achieves a 12.04% return, which is significantly lower than GURIX's 18.39% return. Over the past 10 years, BDMIX has outperformed GURIX with an annualized return of 8.48%, while GURIX has yielded a comparatively lower 7.29% annualized return.


BDMIX

1D
1.13%
1M
1.65%
6M
10.90%
YTD
12.04%
1Y
23.58%
3Y*
20.48%
5Y*
13.14%
10Y*
8.48%
ALL TIME*
6.87%

GURIX

1D
-1.15%
1M
0.96%
6M
15.05%
YTD
18.39%
1Y
21.92%
3Y*
10.44%
5Y*
4.15%
10Y*
7.29%
ALL TIME*
7.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

BDMIX vs. GURIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BDMIX
BlackRock Global Equity Market Neutral Fund Class I
12.04%18.30%21.39%14.55%1.80%3.34%0.29%-0.85%2.20%12.85%
GURIX
Guggenheim Risk Managed Real Estate Fund
18.39%2.04%4.96%13.01%-23.81%42.07%1.76%25.54%-3.97%10.22%

Correlation

The correlation between BDMIX and GURIX is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

-0.12

Correlation (3Y)
Balances recent behavior with more history.

-0.07

Correlation (5Y)
Shows whether the relationship held over a longer period.

-0.03

Correlation (10Y)
Provides a long-term view across more market conditions.

-0.02

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2015

0.02

The correlation between BDMIX and GURIX shifts across timeframes, from -0.12 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

BDMIX vs. GURIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BDMIX
BDMIX Risk / Return Rank: 9797
Overall Rank
BDMIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
BDMIX Sortino Ratio Rank: 9797
Sortino Ratio Rank
BDMIX Omega Ratio Rank: 9595
Omega Ratio Rank
BDMIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
BDMIX Martin Ratio Rank: 9797
Martin Ratio Rank

GURIX
GURIX Risk / Return Rank: 6161
Overall Rank
GURIX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
GURIX Sortino Ratio Rank: 5555
Sortino Ratio Rank
GURIX Omega Ratio Rank: 5454
Omega Ratio Rank
GURIX Calmar Ratio Rank: 7373
Calmar Ratio Rank
GURIX Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BDMIX vs. GURIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Equity Market Neutral Fund Class I (BDMIX) and Guggenheim Risk Managed Real Estate Fund (GURIX). 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.


BDMIXGURIXDifference
Sharpe ratioReturn per unit of total volatility

+1.76

Sortino ratioReturn per unit of downside risk

+2.61

Omega ratioGain probability vs. loss probability

1.61

1.26

+0.35

Calmar ratioReturn relative to maximum drawdown

7.38

2.43

+4.96

Martin ratioReturn relative to average drawdown

19.61

8.47

+11.13

BDMIX vs. GURIX - Sharpe Ratio Comparison

The current BDMIX Sharpe Ratio is 3.24, which is higher than the GURIX Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of BDMIX and GURIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BDMIX vs. GURIX - Drawdown Comparison

The maximum BDMIX drawdown since its inception was -11.89%, smaller than the maximum GURIX drawdown of -33.32%. Use the drawdown chart below to compare losses from any high point for BDMIX and GURIX.


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Drawdown Indicators


BDMIXGURIXDifference

Max Drawdown

Largest peak-to-trough decline

-11.89%

-33.32%

+21.43%

Max Drawdown (1Y)

Largest decline over 1 year

-3.24%

-8.07%

+4.83%

Max Drawdown (3Y)

Largest decline over 3 years

-4.07%

-16.62%

+12.55%

Max Drawdown (5Y)

Largest decline over 5 years

-5.23%

-30.30%

+25.07%

Max Drawdown (10Y)

Largest decline over 10 years

-9.44%

-33.32%

+23.88%

Current Drawdown

Current decline from peak

-1.06%

-2.18%

+1.12%

Average Drawdown

Average peak-to-trough decline

-2.67%

-7.81%

+5.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.22%

2.32%

-1.10%

Volatility

BDMIX vs. GURIX - Volatility Comparison

The current volatility for BlackRock Global Equity Market Neutral Fund Class I (BDMIX) is 2.53%, while Guggenheim Risk Managed Real Estate Fund (GURIX) has a volatility of 4.34%. This indicates that BDMIX experiences smaller price fluctuations and is considered to be less risky than GURIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BDMIXGURIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.53%

4.34%

-1.81%

Volatility (6M)

Calculated over the trailing 6-month period

5.37%

10.40%

-5.03%

Volatility (1Y)

Calculated over the trailing 1-year period

7.39%

13.35%

-5.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.68%

17.28%

-10.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.90%

18.07%

-12.17%

BDMIX vs. GURIX - Expense Ratio Comparison

BDMIX has a 1.34% expense ratio, which is higher than GURIX's 1.10% expense ratio.


Dividends

BDMIX vs. GURIX - Dividend Comparison

BDMIX's dividend yield for the trailing twelve months is around 11.55%, more than GURIX's 2.02% yield.


PositionTTM20252024202320222021202020192018201720162015
BDMIX
BlackRock Global Equity Market Neutral Fund Class I
11.55%8.94%13.26%7.42%0.00%1.23%0.30%6.78%0.94%0.00%0.00%1.86%
GURIX
Guggenheim Risk Managed Real Estate Fund
2.02%2.40%5.18%3.07%6.79%5.60%7.81%6.25%3.05%5.37%4.52%16.81%

Frequently Asked Questions


BDMIX and GURIX have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GURIX has higher volatility (4.34%) compared to BDMIX (2.53%). In terms of maximum drawdown, BDMIX dropped -11.89% vs GURIX's -33.32%.

BDMIX currently has the higher Sharpe Ratio (3.24 vs 1.48), 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.

Portfolio Optimizer

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