BFMSX vs. VTCLX
BFMSX (BlackRock Low Duration Bond Portfolio) and VTCLX (Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares) are both mutual funds - BFMSX is a Short-Term Bond fund managed by BlackRock, while VTCLX is a Large Cap Blend Equities fund tracking the Russell 1000 Index. Over the past 10 years, BFMSX returned 2.23%/yr vs 14.86%/yr for VTCLX. Their -0.05 correlation means they have often moved in opposite directions in the past. BFMSX charges 0.41%/yr vs 0.05%/yr for VTCLX.
Performance
BFMSX vs. VTCLX - Performance Comparison
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Returns By Period
In the year-to-date period, BFMSX achieves a 0.86% return, which is significantly lower than VTCLX's 9.27% return. Over the past 10 years, BFMSX has underperformed VTCLX with an annualized return of 2.23%, while VTCLX has yielded a comparatively higher 14.86% annualized return.
BFMSX
- 1D
- 0.11%
- 1M
- -0.22%
- 6M
- 0.37%
- YTD
- 0.86%
- 1Y
- 3.19%
- 3Y*
- 5.02%
- 5Y*
- 2.10%
- 10Y*
- 2.23%
- ALL TIME*
- 3.35%
VTCLX
- 1D
- 1.63%
- 1M
- -0.80%
- 6M
- 7.72%
- YTD
- 9.27%
- 1Y
- 20.40%
- 3Y*
- 18.54%
- 5Y*
- 11.93%
- 10Y*
- 14.86%
- ALL TIME*
- 10.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BFMSX vs. VTCLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BFMSX BlackRock Low Duration Bond Portfolio | 0.86% | 6.20% | 4.94% | 4.96% | -5.34% | -0.33% | 3.47% | 4.75% | 1.15% | 1.98% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 9.27% | 17.44% | 23.76% | 26.62% | -19.07% | 26.87% | 21.08% | 31.47% | -4.98% | 22.40% |
Correlation
The correlation between BFMSX and VTCLX is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | -0.05 |
The correlation between BFMSX and VTCLX shifts across timeframes, from -0.05 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BFMSX vs. VTCLX — Risk / Return Rank
BFMSX
VTCLX
BFMSX vs. VTCLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Low Duration Bond Portfolio (BFMSX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BFMSX | VTCLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.25 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 2.07 | +0.54 |
| Martin ratioReturn relative to average drawdown | 11.61 | 8.96 | +2.65 |
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Drawdowns
BFMSX vs. VTCLX - Drawdown Comparison
The maximum BFMSX drawdown since its inception was -12.70%, smaller than the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for BFMSX and VTCLX.
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Drawdown Indicators
| BFMSX | VTCLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.70% | -55.18% | +42.48% |
Max Drawdown (1Y)Largest decline over 1 year | -1.52% | -8.79% | +7.27% |
Max Drawdown (3Y)Largest decline over 3 years | -1.52% | -19.01% | +17.49% |
Max Drawdown (5Y)Largest decline over 5 years | -7.96% | -24.98% | +17.02% |
Max Drawdown (10Y)Largest decline over 10 years | -7.96% | -34.56% | +26.60% |
Current DrawdownCurrent decline from peak | -0.33% | -1.83% | +1.50% |
Average DrawdownAverage peak-to-trough decline | -0.82% | -7.53% | +6.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.34% | 2.02% | -1.68% |
Volatility
BFMSX vs. VTCLX - Volatility Comparison
The current volatility for BlackRock Low Duration Bond Portfolio (BFMSX) is 0.45%, while Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) has a volatility of 3.41%. This indicates that BFMSX experiences smaller price fluctuations and is considered to be less risky than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BFMSX | VTCLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.45% | 3.41% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 1.75% | 10.16% | -8.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.15% | 12.97% | -10.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.37% | 17.33% | -14.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.12% | 18.27% | -16.15% |
BFMSX vs. VTCLX - Expense Ratio Comparison
BFMSX has a 0.41% expense ratio, which is higher than VTCLX's 0.05% expense ratio.
Dividends
BFMSX vs. VTCLX - Dividend Comparison
BFMSX's dividend yield for the trailing twelve months is around 4.27%, more than VTCLX's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFMSX BlackRock Low Duration Bond Portfolio | 4.27% | 4.56% | 4.14% | 3.34% | 2.67% | 1.23% | 2.04% | 2.63% | 2.51% | 2.17% | 1.76% | 1.87% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 0.91% | 0.93% | 1.04% | 1.24% | 1.47% | 1.04% | 1.32% | 1.52% | 1.83% | 1.57% | 1.76% | 1.69% |
Frequently Asked Questions
BFMSX and VTCLX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTCLX has higher volatility (3.41%) compared to BFMSX (0.45%). In terms of maximum drawdown, BFMSX dropped -12.70% vs VTCLX's -55.18%.
BFMSX currently has the higher Sharpe Ratio (1.85 vs 1.40), 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.
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