BDOIX vs. MTUM
BDOIX (iShares MSCI Total International Index Fund) and MTUM (iShares MSCI USA Momentum Factor ETF) are both funds - BDOIX is a Foreign Large Cap Equities fund managed by BlackRock, while MTUM is a Momentum fund tracking the MSCI USA Momentum SR Variant Index. Over the past 10 years, BDOIX returned 9.56%/yr vs 17.19%/yr for MTUM. A 0.68 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
BDOIX vs. MTUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BDOIX achieves a 14.99% return, which is significantly lower than MTUM's 30.30% return. Over the past 10 years, BDOIX has underperformed MTUM with an annualized return of 9.56%, while MTUM has yielded a comparatively higher 17.19% annualized return.
BDOIX
- 1D
- -0.83%
- 1M
- 4.14%
- YTD
- 14.99%
- 6M
- 17.33%
- 1Y
- 31.87%
- 3Y*
- 19.62%
- 5Y*
- 8.38%
- 10Y*
- 9.56%
MTUM
- 1D
- -1.10%
- 1M
- 11.94%
- YTD
- 30.30%
- 6M
- 29.99%
- 1Y
- 40.55%
- 3Y*
- 34.34%
- 5Y*
- 14.96%
- 10Y*
- 17.19%
BDOIX vs. MTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDOIX iShares MSCI Total International Index Fund | 14.99% | 32.57% | 5.19% | 15.25% | -16.39% | 7.59% | 10.72% | 21.19% | -13.94% | 26.33% |
MTUM iShares MSCI USA Momentum Factor ETF | 30.30% | 22.15% | 32.89% | 9.15% | -18.27% | 13.36% | 29.86% | 27.25% | -1.67% | 37.50% |
Correlation
The correlation between BDOIX and MTUM is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2013 | 0.68 |
The correlation between BDOIX and MTUM has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BDOIX vs. MTUM — Risk / Return Rank
BDOIX
MTUM
BDOIX vs. MTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Total International Index Fund (BDOIX) and iShares MSCI USA Momentum Factor ETF (MTUM). 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.
| BDOIX | MTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.38 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 3.53 | -0.64 |
| Martin ratioReturn relative to average drawdown | 11.38 | 14.10 | -2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BDOIX | MTUM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 2.14 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.73 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.82 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.84 | -0.47 |
Drawdowns
BDOIX vs. MTUM - Drawdown Comparison
The maximum BDOIX drawdown since its inception was -35.10%, roughly equal to the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for BDOIX and MTUM.
Loading charts...
Drawdown Indicators
| BDOIX | MTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.10% | -34.08% | -1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -11.54% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -13.49% | -20.99% | +7.50% |
Max Drawdown (5Y)Largest decline over 5 years | -30.25% | -32.28% | +2.03% |
Max Drawdown (10Y)Largest decline over 10 years | -35.10% | -34.08% | -1.02% |
Current DrawdownCurrent decline from peak | -0.83% | -1.10% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -6.21% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 2.89% | -0.01% |
Volatility
BDOIX vs. MTUM - Volatility Comparison
The current volatility for iShares MSCI Total International Index Fund (BDOIX) is 5.16%, while iShares MSCI USA Momentum Factor ETF (MTUM) has a volatility of 7.67%. This indicates that BDOIX experiences smaller price fluctuations and is considered to be less risky than MTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BDOIX | MTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 7.67% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.34% | 16.51% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.65% | 19.08% | -4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.44% | 20.60% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 21.03% | -4.83% |
BDOIX vs. MTUM - Expense Ratio Comparison
Both BDOIX and MTUM have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
BDOIX vs. MTUM - Dividend Comparison
BDOIX's dividend yield for the trailing twelve months is around 2.55%, more than MTUM's 0.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDOIX iShares MSCI Total International Index Fund | 2.55% | 3.08% | 2.89% | 2.99% | 2.91% | 3.07% | 2.00% | 3.08% | 3.33% | 1.83% | 3.57% | 3.94% |
MTUM iShares MSCI USA Momentum Factor ETF | 0.60% | 0.91% | 0.75% | 1.35% | 1.80% | 0.55% | 0.83% | 1.48% | 1.27% | 1.02% | 1.43% | 1.12% |
Frequently Asked Questions
BDOIX and MTUM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTUM has higher volatility (7.67%) compared to BDOIX (5.16%). In terms of maximum drawdown, BDOIX dropped -35.10% vs MTUM's -34.08%.
BDOIX currently has the higher Sharpe Ratio (2.24 vs 2.14), 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.
Find the right allocation for BDOIX and MTUM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer