BDMIX vs. VYM
Compare and contrast key facts about BlackRock Global Long/Short Equity Fund Class I (BDMIX) and Vanguard High Dividend Yield ETF (VYM).
BDMIX is managed by Blackrock. It was launched on Dec 20, 2012. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDMIX or VYM.
Key characteristics
| BDMIX | VYM | |
|---|---|---|
| YTD Return | 19.12% | 21.19% |
| 1Y Return | 23.39% | 34.50% |
| 3Y Return (Ann) | 11.58% | 9.69% |
| 5Y Return (Ann) | 5.64% | 11.14% |
| 10Y Return (Ann) | 3.21% | 10.17% |
| Sharpe Ratio | 3.32 | 3.10 |
| Sortino Ratio | 4.88 | 4.40 |
| Omega Ratio | 1.65 | 1.57 |
| Calmar Ratio | 5.72 | 4.55 |
| Martin Ratio | 21.05 | 20.45 |
| Ulcer Index | 1.11% | 1.63% |
| Daily Std Dev | 7.02% | 10.75% |
| Max Drawdown | -14.89% | -56.98% |
| Current Drawdown | -2.23% | 0.00% |
Correlation
The correlation between BDMIX and VYM is 0.08, 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. VYM - Performance Comparison
In the year-to-date period, BDMIX achieves a 19.12% return, which is significantly lower than VYM's 21.19% return. Over the past 10 years, BDMIX has underperformed VYM with an annualized return of 3.21%, while VYM has yielded a comparatively higher 10.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BDMIX vs. VYM - Expense Ratio Comparison
BDMIX has a 1.57% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
BDMIX vs. VYM - 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 High Dividend Yield ETF (VYM). 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. VYM - Dividend Comparison
BDMIX's dividend yield for the trailing twelve months is around 12.80%, more than VYM's 2.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 12.80% | 7.42% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.27% |
VYM Vanguard High Dividend Yield ETF | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
BDMIX vs. VYM - Drawdown Comparison
The maximum BDMIX drawdown since its inception was -14.89%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for BDMIX and VYM. For additional features, visit the drawdowns tool.
Volatility
BDMIX vs. VYM - Volatility Comparison
The current volatility for BlackRock Global Long/Short Equity Fund Class I (BDMIX) is 3.14%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 3.91%. This indicates that BDMIX experiences smaller price fluctuations and is considered to be less risky than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.