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.
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.
Performance
BIGPX vs. SPYV - Performance Comparison
Key characteristics
BIGPX:
1.23
SPYV:
1.43
BIGPX:
1.76
SPYV:
2.04
BIGPX:
1.24
SPYV:
1.25
BIGPX:
1.12
SPYV:
1.91
BIGPX:
7.01
SPYV:
7.30
BIGPX:
1.65%
SPYV:
1.98%
BIGPX:
9.41%
SPYV:
10.08%
BIGPX:
-49.06%
SPYV:
-58.45%
BIGPX:
-2.96%
SPYV:
-6.84%
Returns By Period
The year-to-date returns for both investments are quite close, with BIGPX having a 11.81% return and SPYV slightly higher at 12.25%. Over the past 10 years, BIGPX has underperformed SPYV with an annualized return of 3.70%, while SPYV has yielded a comparatively higher 9.89% annualized return.
BIGPX
11.81%
-0.49%
3.15%
12.37%
5.34%
3.70%
SPYV
12.25%
-3.81%
5.74%
14.43%
10.52%
9.89%
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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.
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 2.11%, more than SPYV's 1.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIGPX BlackRock 60/40 Target Allocation Fund Class I | 2.11% | 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 | 1.59% | 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 2.64%, while SPDR Portfolio S&P 500 Value ETF (SPYV) has a volatility of 3.32%. 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.