BDMIX vs. VOO
Compare and contrast key facts about BlackRock Global Long/Short Equity Fund Class I (BDMIX) and Vanguard S&P 500 ETF (VOO).
BDMIX is managed by Blackrock. It was launched on Dec 20, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDMIX or VOO.
Correlation
The correlation between BDMIX and VOO is 0.10, 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.
Performance
BDMIX vs. VOO - Performance Comparison
Key characteristics
BDMIX:
3.02
VOO:
2.25
BDMIX:
4.42
VOO:
2.98
BDMIX:
1.57
VOO:
1.42
BDMIX:
5.30
VOO:
3.31
BDMIX:
18.15
VOO:
14.77
BDMIX:
1.19%
VOO:
1.90%
BDMIX:
7.15%
VOO:
12.46%
BDMIX:
-14.89%
VOO:
-33.99%
BDMIX:
-1.23%
VOO:
-2.47%
Returns By Period
In the year-to-date period, BDMIX achieves a 21.85% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, BDMIX has underperformed VOO with an annualized return of 3.37%, while VOO has yielded a comparatively higher 13.08% annualized return.
BDMIX
21.85%
2.07%
5.33%
21.65%
7.53%
3.37%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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BDMIX vs. VOO - Expense Ratio Comparison
BDMIX has a 1.57% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BDMIX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 13.21%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 13.21% | 7.42% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.27% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BDMIX vs. VOO - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -14.89%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BDMIX and VOO. For additional features, visit the drawdowns tool.
Volatility
BDMIX vs. VOO - Volatility Comparison
The current volatility for BlackRock Global Long/Short Equity Fund Class I (BDMIX) is 2.07%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that BDMIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.