BIAPX vs. FNILX
Compare and contrast key facts about BlackRock 80/20 Target Allocation Fund (BIAPX) and Fidelity ZERO Large Cap Index Fund (FNILX).
BIAPX is managed by Blackrock. It was launched on Dec 20, 2006. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIAPX or FNILX.
Key characteristics
| BIAPX | FNILX | |
|---|---|---|
| YTD Return | 8.47% | 11.87% |
| 1Y Return | 21.54% | 32.04% |
| 3Y Return (Ann) | 5.05% | 9.80% |
| 5Y Return (Ann) | 10.71% | 15.12% |
| Sharpe Ratio | 1.74 | 2.64 |
| Daily Std Dev | 11.90% | 11.79% |
| Max Drawdown | -52.80% | -33.75% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between BIAPX and FNILX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BIAPX vs. FNILX - Performance Comparison
In the year-to-date period, BIAPX achieves a 8.47% return, which is significantly lower than FNILX's 11.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BIAPX vs. FNILX - Expense Ratio Comparison
BIAPX has a 0.10% expense ratio, which is higher than FNILX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BIAPX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 80/20 Target Allocation Fund (BIAPX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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
BIAPX vs. FNILX - Dividend Comparison
BIAPX's dividend yield for the trailing twelve months is around 3.95%, more than FNILX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIAPX BlackRock 80/20 Target Allocation Fund | 3.95% | 4.28% | 2.30% | 6.04% | 2.07% | 2.49% | 6.26% | 3.12% | 1.67% | 13.86% | 17.24% | 1.61% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.20% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BIAPX vs. FNILX - Drawdown Comparison
The maximum BIAPX drawdown since its inception was -52.80%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for BIAPX and FNILX. For additional features, visit the drawdowns tool.
Volatility
BIAPX vs. FNILX - Volatility Comparison
The current volatility for BlackRock 80/20 Target Allocation Fund (BIAPX) is 2.88%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 3.55%. This indicates that BIAPX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.