BGEEX vs. BDMIX

Last updated Jun 6, 2026

BGEEX (BlackRock GA Dynamic Equity Fund) and BDMIX (BlackRock Global Long/Short Equity Fund Class I) are both mutual funds - BGEEX is a Global Equities fund managed by BlackRock, while BDMIX is a Long-Short fund managed by BlackRock. At a 0.06 correlation, their price movements are largely independent. BGEEX charges 0.50%/yr vs 1.57%/yr for BDMIX.

Performance

BGEEX vs. BDMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock GA Dynamic Equity Fund (BGEEX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGEEX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDMIX

• 1D: 0.55%
• 1M: 5.16%
• YTD: 13.24%
• 6M: 16.28%
• 1Y: 22.61%
• 3Y*: 22.12%
• 5Y*: 13.05%
• 10Y*: 8.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGEEX vs. BDMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGEEX BlackRock GA Dynamic Equity Fund	0.00%	14.98%	18.91%	17.84%	-17.58%	18.28%	21.51%	26.95%	-13.34%	11.23%
BDMIX BlackRock Global Long/Short Equity Fund Class I	13.24%	18.30%	21.39%	14.55%	1.80%	3.34%	0.29%	-0.85%	2.20%	6.22%

Correlation

The correlation between BGEEX and BDMIX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017	0.06

Return for Risk

BGEEX vs. BDMIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BDMIX

BDMIX Risk / Return Rank: 93
BDMIX Sharpe Ratio Rank: 95
BDMIX Sortino Ratio Rank: 95
BDMIX Omega Ratio Rank: 88
BDMIX Calmar Ratio Rank: 96
BDMIX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGEEX vs. BDMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock GA Dynamic Equity Fund (BGEEX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BGEEX	BDMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.31	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.25	—

Drawdowns

Drawdown Indicators

	BGEEX	BDMIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-11.89%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-9.44%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-2.68%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.25%	—

Volatility

Volatility by Period

	BGEEX	BDMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	6.83%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	6.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.81%	—

BGEEX vs. BDMIX - Expense Ratio Comparison

BGEEX has a 0.50% expense ratio, which is lower than BDMIX's 1.57% expense ratio.

Dividends

BGEEX vs. BDMIX - Dividend Comparison

BGEEX's dividend yield for the trailing twelve months is around 0.68%, less than BDMIX's 7.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDMIX BlackRock Global Long/Short Equity Fund Class I	7.89%	8.94%	13.26%	7.42%	0.00%	1.23%	0.30%	6.78%	0.94%	0.00%	0.00%	1.86%
BGEEX BlackRock GA Dynamic Equity Fund	0.68%	0.68%	2.04%	1.00%	0.72%	9.29%	0.88%	1.62%	3.18%	2.71%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BGEEX and BDMIX in my portfolio?

BGEEX and BDMIX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.