BIGPX vs. ^GSPC
Compare and contrast key facts about BlackRock 60/40 Target Allocation Fund Class I (BIGPX) and S&P 500 (^GSPC).
BIGPX is managed by Blackrock. It was launched on Dec 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIGPX or ^GSPC.
Correlation
The correlation between BIGPX and ^GSPC is 0.90, 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. ^GSPC - Performance Comparison
Key characteristics
BIGPX:
0.24
^GSPC:
0.89
BIGPX:
0.38
^GSPC:
1.26
BIGPX:
1.06
^GSPC:
1.17
BIGPX:
0.27
^GSPC:
1.40
BIGPX:
0.75
^GSPC:
5.27
BIGPX:
3.35%
^GSPC:
2.25%
BIGPX:
10.37%
^GSPC:
13.22%
BIGPX:
-49.06%
^GSPC:
-56.78%
BIGPX:
-7.97%
^GSPC:
-6.60%
Returns By Period
In the year-to-date period, BIGPX achieves a 0.73% return, which is significantly higher than ^GSPC's -2.43% return. Over the past 10 years, BIGPX has underperformed ^GSPC with an annualized return of 3.68%, while ^GSPC has yielded a comparatively higher 10.71% annualized return.
BIGPX
0.73%
-1.62%
-3.46%
2.32%
5.10%
3.68%
^GSPC
-2.43%
-4.96%
4.27%
12.42%
14.11%
10.71%
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Risk-Adjusted Performance
BIGPX vs. ^GSPC — Risk-Adjusted Performance Rank
BIGPX
^GSPC
BIGPX vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
BIGPX vs. ^GSPC - Drawdown Comparison
The maximum BIGPX drawdown since its inception was -49.06%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BIGPX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BIGPX vs. ^GSPC - Volatility Comparison
The current volatility for BlackRock 60/40 Target Allocation Fund Class I (BIGPX) is 3.19%, while S&P 500 (^GSPC) has a volatility of 5.16%. This indicates that BIGPX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.