BIGPX vs. SPYV
Compare and contrast key facts about BlackRock 60/40 Target Allocation Fund Class I (BIGPX) and SPDR Portfolio S&P 500 Value ETF (SPYV).
BIGPX is managed by Blackrock. It was launched on Dec 21, 2006. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIGPX or SPYV.
Performance
BIGPX vs. SPYV - Performance Comparison
Returns By Period
In the year-to-date period, BIGPX achieves a 12.35% return, which is significantly lower than SPYV's 18.29% return. Over the past 10 years, BIGPX has underperformed SPYV with an annualized return of 3.73%, while SPYV has yielded a comparatively higher 10.53% annualized return.
BIGPX
12.35%
-0.30%
6.54%
16.99%
5.97%
3.73%
SPYV
18.29%
1.88%
11.95%
25.98%
12.49%
10.53%
Key characteristics
| BIGPX | SPYV | |
|---|---|---|
| Sharpe Ratio | 1.87 | 2.67 |
| Sortino Ratio | 2.68 | 3.74 |
| Omega Ratio | 1.36 | 1.48 |
| Calmar Ratio | 1.37 | 4.89 |
| Martin Ratio | 10.62 | 15.72 |
| Ulcer Index | 1.62% | 1.70% |
| Daily Std Dev | 9.22% | 9.98% |
| Max Drawdown | -49.06% | -58.45% |
| Current Drawdown | -1.32% | -0.13% |
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BIGPX vs. SPYV - Expense Ratio Comparison
BIGPX has a 0.43% expense ratio, which is higher than SPYV's 0.04% expense ratio.
Correlation
The correlation between BIGPX and SPYV is 0.82, 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.
Risk-Adjusted Performance
BIGPX vs. SPYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 60/40 Target Allocation Fund Class I (BIGPX) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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
BIGPX vs. SPYV - Dividend Comparison
BIGPX's dividend yield for the trailing twelve months is around 2.10%, more than SPYV's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIGPX BlackRock 60/40 Target Allocation Fund Class I | 2.10% | 2.35% | 2.60% | 2.26% | 1.37% | 2.57% | 1.79% | 2.24% | 1.76% | 1.91% | 3.77% | 1.54% |
SPYV SPDR Portfolio S&P 500 Value ETF | 1.94% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
Drawdowns
BIGPX vs. SPYV - Drawdown Comparison
The maximum BIGPX drawdown since its inception was -49.06%, smaller than the maximum SPYV drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for BIGPX and SPYV. For additional features, visit the drawdowns tool.
Volatility
BIGPX vs. SPYV - Volatility Comparison
The current volatility for BlackRock 60/40 Target Allocation Fund Class I (BIGPX) is 2.15%, while SPDR Portfolio S&P 500 Value ETF (SPYV) has a volatility of 3.52%. This indicates that BIGPX experiences smaller price fluctuations and is considered to be less risky than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.