BIBDX vs. ACWI

Last updated Jun 4, 2026

BIBDX (BlackRock Global Dividend Portfolio) and ACWI (iShares MSCI ACWI ETF) are both Global Equities funds. Over the past 10 years, BIBDX returned 9.38%/yr vs 12.85%/yr for ACWI. Their correlation of 0.91 suggests significant overlap in exposure. BIBDX charges 0.75%/yr vs 0.32%/yr for ACWI.

Performance

BIBDX vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Global Dividend Portfolio (BIBDX) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIBDX achieves a 11.03% return, which is significantly lower than ACWI's 12.13% return. Over the past 10 years, BIBDX has underperformed ACWI with an annualized return of 9.38%, while ACWI has yielded a comparatively higher 12.85% annualized return.

BIBDX

• 1D: 0.54%
• 1M: 5.82%
• YTD: 11.03%
• 6M: 11.33%
• 1Y: 25.01%
• 3Y*: 16.21%
• 5Y*: 8.91%
• 10Y*: 9.38%

ACWI

• 1D: -0.83%
• 1M: 5.28%
• YTD: 12.13%
• 6M: 12.96%
• 1Y: 29.18%
• 3Y*: 21.15%
• 5Y*: 11.28%
• 10Y*: 12.85%

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

BIBDX vs. ACWI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIBDX BlackRock Global Dividend Portfolio	11.03%	19.32%	9.72%	16.59%	-13.72%	17.70%	6.91%	22.80%	-10.46%	19.39%
ACWI iShares MSCI ACWI ETF	12.13%	22.41%	17.45%	22.27%	-18.39%	18.66%	16.34%	26.59%	-9.19%	24.33%

Correlation

The correlation between BIBDX and ACWI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 9, 2008	0.91

The correlation between BIBDX and ACWI has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

BIBDX vs. ACWI — Risk / Return Rank

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

BIBDX

BIBDX Risk / Return Rank: 48
BIBDX Sharpe Ratio Rank: 51
BIBDX Sortino Ratio Rank: 48
BIBDX Omega Ratio Rank: 49
BIBDX Calmar Ratio Rank: 41
BIBDX Martin Ratio Rank: 51

ACWI

ACWI Risk / Return Rank: 66
ACWI Sharpe Ratio Rank: 68
ACWI Sortino Ratio Rank: 67
ACWI Omega Ratio Rank: 67
ACWI Calmar Ratio Rank: 59
ACWI Martin Ratio Rank: 71

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.

BIBDX vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Dividend Portfolio (BIBDX) and iShares MSCI ACWI ETF (ACWI). 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.

	BIBDX	ACWI	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.29	-0.20
Sortino ratio Return per unit of downside risk	2.93	3.17	-0.24
Omega ratio Gain probability vs. loss probability	1.38	1.41	-0.03
Calmar ratio Return relative to maximum drawdown	2.43	3.01	-0.58
Martin ratio Return relative to average drawdown	10.40	13.53	-3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIBDX vs. ACWI - Sharpe Ratio Comparison

The current BIBDX Sharpe Ratio is 2.10, which is comparable to the ACWI Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of BIBDX and ACWI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BIBDX	ACWI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.29	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.71	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.75	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.43	+0.09

Drawdowns

BIBDX vs. ACWI - Drawdown Comparison

The maximum BIBDX drawdown since its inception was -41.81%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for BIBDX and ACWI.

Drawdown Indicators

	BIBDX	ACWI	Difference
Max Drawdown Largest peak-to-trough decline	-41.81%	-56.00%	+14.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.38%	-9.73%	-0.65%
Max Drawdown (3Y) Largest decline over 3 years	-15.07%	-16.55%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	-24.44%	-26.42%	+1.98%
Max Drawdown (10Y) Largest decline over 10 years	-33.15%	-33.53%	+0.38%
Current Drawdown Current decline from peak	0.00%	-0.83%	+0.83%
Average Drawdown Average peak-to-trough decline	-5.72%	-8.61%	+2.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	2.16%	+0.26%

Volatility

BIBDX vs. ACWI - Volatility Comparison

BlackRock Global Dividend Portfolio (BIBDX) and iShares MSCI ACWI ETF (ACWI) have volatilities of 3.96% and 3.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIBDX	ACWI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	3.93%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	10.29%	-0.37%
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	12.78%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.53%	16.05%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	17.11%	-1.92%

BIBDX vs. ACWI - Expense Ratio Comparison

BIBDX has a 0.75% expense ratio, which is higher than ACWI's 0.32% expense ratio.

Dividends

BIBDX vs. ACWI - Dividend Comparison

BIBDX's dividend yield for the trailing twelve months is around 18.20%, more than ACWI's 1.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACWI iShares MSCI ACWI ETF	1.38%	1.55%	1.70%	1.88%	1.79%	1.71%	1.43%	2.33%	2.18%	1.94%	2.19%	2.56%
BIBDX BlackRock Global Dividend Portfolio	18.20%	20.14%	8.09%	2.00%	6.51%	18.01%	5.94%	7.97%	7.05%	6.47%	2.47%	4.34%

Frequently Asked Questions

Can I hold both BIBDX and ACWI in my portfolio?

With a correlation of 0.93, BIBDX and ACWI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BIBDX or ACWI?

BIBDX has higher volatility (3.96%) compared to ACWI (3.93%). In terms of maximum drawdown, BIBDX dropped -41.81% vs ACWI's -56.00%.

Which has better risk-adjusted returns?

ACWI currently has the higher Sharpe Ratio (2.29 vs 2.10), 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.