BIBDX vs. SPY
Compare and contrast key facts about BlackRock Global Dividend Portfolio (BIBDX) and SPDR S&P 500 ETF (SPY).
BIBDX is managed by Blackrock. It was launched on Apr 6, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIBDX or SPY.
Correlation
The correlation between BIBDX and SPY is 0.88, 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
BIBDX vs. SPY - Performance Comparison
Key characteristics
BIBDX:
0.78
SPY:
2.12
BIBDX:
1.05
SPY:
2.81
BIBDX:
1.15
SPY:
1.39
BIBDX:
0.59
SPY:
3.21
BIBDX:
2.50
SPY:
13.42
BIBDX:
3.60%
SPY:
2.01%
BIBDX:
11.63%
SPY:
12.78%
BIBDX:
-42.34%
SPY:
-55.19%
BIBDX:
-7.67%
SPY:
-0.29%
Returns By Period
In the year-to-date period, BIBDX achieves a 5.02% return, which is significantly higher than SPY's 3.73% return. Over the past 10 years, BIBDX has underperformed SPY with an annualized return of 2.96%, while SPY has yielded a comparatively higher 13.76% annualized return.
BIBDX
5.02%
3.38%
-0.62%
7.83%
1.70%
2.96%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
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BIBDX vs. SPY - Expense Ratio Comparison
BIBDX has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BIBDX vs. SPY — Risk-Adjusted Performance Rank
BIBDX
SPY
BIBDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Dividend Portfolio (BIBDX) and SPDR S&P 500 ETF (SPY). 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
BIBDX vs. SPY - Dividend Comparison
BIBDX's dividend yield for the trailing twelve months is around 1.58%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIBDX BlackRock Global Dividend Portfolio | 1.58% | 1.66% | 2.00% | 2.07% | 1.73% | 2.39% | 2.82% | 3.29% | 2.33% | 2.29% | 2.75% | 3.43% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BIBDX vs. SPY - Drawdown Comparison
The maximum BIBDX drawdown since its inception was -42.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BIBDX and SPY. For additional features, visit the drawdowns tool.
Volatility
BIBDX vs. SPY - Volatility Comparison
The current volatility for BlackRock Global Dividend Portfolio (BIBDX) is 3.19%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.00%. This indicates that BIBDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.