BDMIX vs. QAMNX
Compare and contrast key facts about BlackRock Global Long/Short Equity Fund Class I (BDMIX) and Federated Hermes MDT Market Neutral A (QAMNX).
BDMIX is managed by BlackRock. It was launched on Dec 20, 2012. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
BDMIX vs. QAMNX - Performance Comparison
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BDMIX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 4.32% | 18.30% | 21.39% | 14.55% | 1.80% | -0.77% |
QAMNX Federated Hermes MDT Market Neutral A | 1.36% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, BDMIX achieves a 4.32% return, which is significantly higher than QAMNX's 1.36% return.
BDMIX
- 1D
- 0.73%
- 1M
- 1.60%
- YTD
- 4.32%
- 6M
- 8.75%
- 1Y
- 17.17%
- 3Y*
- 18.86%
- 5Y*
- 11.38%
- 10Y*
- 7.29%
QAMNX
- 1D
- -0.05%
- 1M
- -0.05%
- YTD
- 1.36%
- 6M
- 5.54%
- 1Y
- 7.82%
- 3Y*
- 10.36%
- 5Y*
- —
- 10Y*
- —
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BDMIX vs. QAMNX - Expense Ratio Comparison
BDMIX has a 1.57% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
BDMIX vs. QAMNX — Risk / Return Rank
BDMIX
QAMNX
BDMIX vs. QAMNX - 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 Federated Hermes MDT Market Neutral A (QAMNX). 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 | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.55 | 1.23 | +1.32 |
Sortino ratioReturn per unit of downside risk | 3.73 | 1.90 | +1.83 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.27 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 5.14 | 1.97 | +3.16 |
Martin ratioReturn relative to average drawdown | 14.25 | 5.71 | +8.54 |
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 | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.55 | 1.23 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.76 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.87 | +0.28 |
Correlation
The correlation between BDMIX and QAMNX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BDMIX vs. QAMNX - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 8.56%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.56% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
QAMNX Federated Hermes MDT Market Neutral A | 1.51% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BDMIX vs. QAMNX - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -11.89%, smaller than the maximum QAMNX drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for BDMIX and QAMNX.
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Drawdown Indicators
| BDMIX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.89% | -17.97% | +6.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.60% | -4.16% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -7.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -9.44% | — | — |
Current DrawdownCurrent decline from peak | -0.13% | -0.42% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -2.71% | -5.25% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 1.44% | -0.14% |
Volatility
BDMIX vs. QAMNX - Volatility Comparison
BlackRock Global Long/Short Equity Fund Class I (BDMIX) has a higher volatility of 1.72% compared to Federated Hermes MDT Market Neutral A (QAMNX) at 1.03%. This indicates that BDMIX's price experiences larger fluctuations and is considered to be riskier than QAMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDMIX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.03% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 4.78% | 4.88% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.93% | 6.38% | +0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.51% | 14.04% | -7.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 14.04% | -8.27% |