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:
1.70
VOO:
0.32
BDMIX:
2.50
VOO:
0.57
BDMIX:
1.30
VOO:
1.08
BDMIX:
3.31
VOO:
0.32
BDMIX:
9.61
VOO:
1.42
BDMIX:
1.40%
VOO:
4.19%
BDMIX:
7.93%
VOO:
18.73%
BDMIX:
-14.89%
VOO:
-33.99%
BDMIX:
-1.82%
VOO:
-13.85%
Returns By Period
In the year-to-date period, BDMIX achieves a 4.07% return, which is significantly higher than VOO's -9.88% return. Over the past 10 years, BDMIX has underperformed VOO with an annualized return of 3.65%, while VOO has yielded a comparatively higher 11.66% annualized return.
BDMIX
4.07%
0.79%
6.98%
13.33%
8.57%
3.65%
VOO
-9.88%
-6.86%
-9.35%
6.85%
14.69%
11.66%
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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 Rank
BDMIX
VOO
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 12.74%, more than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 12.74% | 13.26% | 7.42% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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 2.36%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. 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.