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:
0.70
^GSPC:
1.81
BIGPX:
0.95
^GSPC:
2.43
BIGPX:
1.14
^GSPC:
1.33
BIGPX:
0.76
^GSPC:
2.77
BIGPX:
2.61
^GSPC:
11.33
BIGPX:
2.75%
^GSPC:
2.07%
BIGPX:
10.32%
^GSPC:
12.97%
BIGPX:
-49.06%
^GSPC:
-56.78%
BIGPX:
-6.45%
^GSPC:
-1.30%
Returns By Period
In the year-to-date period, BIGPX achieves a 2.39% return, which is significantly lower than ^GSPC's 2.68% return. Over the past 10 years, BIGPX has underperformed ^GSPC with an annualized return of 4.30%, while ^GSPC has yielded a comparatively higher 11.74% annualized return.
BIGPX
2.39%
2.05%
-1.01%
6.60%
4.73%
4.30%
^GSPC
2.68%
2.24%
9.36%
22.63%
13.42%
11.74%
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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 2.90%, while S&P 500 (^GSPC) has a volatility of 4.26%. 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.