BIAPX vs. VOO
Compare and contrast key facts about BlackRock 80/20 Target Allocation Fund (BIAPX) and Vanguard S&P 500 ETF (VOO).
BIAPX is managed by BlackRock. It was launched on Dec 20, 2006. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
BIAPX vs. VOO - Performance Comparison
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BIAPX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIAPX BlackRock 80/20 Target Allocation Fund | -2.24% | 18.33% | 5.46% | 19.20% | -16.15% | 14.95% | 19.50% | 24.72% | -7.62% | 17.47% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, BIAPX achieves a -2.24% return, which is significantly higher than VOO's -3.66% return. Over the past 10 years, BIAPX has underperformed VOO with an annualized return of 9.32%, while VOO has yielded a comparatively higher 14.14% annualized return.
BIAPX
- 1D
- 2.74%
- 1M
- -5.17%
- YTD
- -2.24%
- 6M
- -0.22%
- 1Y
- 17.36%
- 3Y*
- 11.49%
- 5Y*
- 5.89%
- 10Y*
- 9.32%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
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BIAPX vs. VOO - Expense Ratio Comparison
BIAPX has a 0.10% expense ratio, which is higher than VOO's 0.03% 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%.
Return for Risk
BIAPX vs. VOO — Risk / Return Rank
BIAPX
VOO
BIAPX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 80/20 Target Allocation Fund (BIAPX) and Vanguard S&P 500 ETF (VOO). 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.
| BIAPX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 1.01 | +0.20 |
Sortino ratioReturn per unit of downside risk | 1.79 | 1.53 | +0.26 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 1.55 | +0.11 |
Martin ratioReturn relative to average drawdown | 7.44 | 7.31 | +0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BIAPX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.01 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.71 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.79 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.83 | -0.42 |
Correlation
The correlation between BIAPX and VOO is 0.93, 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.
Dividends
BIAPX vs. VOO - Dividend Comparison
BIAPX's dividend yield for the trailing twelve months is around 6.12%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIAPX BlackRock 80/20 Target Allocation Fund | 6.12% | 5.98% | 0.00% | 4.28% | 2.30% | 6.04% | 2.07% | 2.49% | 6.26% | 3.12% | 1.67% | 13.86% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
BIAPX vs. VOO - Drawdown Comparison
The maximum BIAPX drawdown since its inception was -53.40%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BIAPX and VOO.
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Drawdown Indicators
| BIAPX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.40% | -33.99% | -19.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -11.98% | +2.06% |
Max Drawdown (5Y)Largest decline over 5 years | -23.29% | -24.52% | +1.23% |
Max Drawdown (10Y)Largest decline over 10 years | -27.13% | -33.99% | +6.86% |
Current DrawdownCurrent decline from peak | -6.13% | -5.55% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -3.72% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 2.55% | -0.34% |
Volatility
BIAPX vs. VOO - Volatility Comparison
BlackRock 80/20 Target Allocation Fund (BIAPX) has a higher volatility of 5.68% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that BIAPX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIAPX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 5.34% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.54% | 9.47% | -0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.89% | 18.11% | -3.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 16.82% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.97% | 17.99% | -4.02% |