BIIIX vs. BTC-USD
Compare and contrast key facts about BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) and Bitcoin (BTC-USD).
BIIIX is managed by Blackrock. It was launched on Aug 23, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIIIX or BTC-USD.
Correlation
The correlation between BIIIX and BTC-USD is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BIIIX vs. BTC-USD - Performance Comparison
Key characteristics
Returns By Period
BIIIX
N/A
N/A
N/A
N/A
N/A
N/A
BTC-USD
122.80%
-1.87%
56.11%
120.90%
66.21%
77.07%
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Risk-Adjusted Performance
BIIIX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) and Bitcoin (BTC-USD). 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
BIIIX vs. BTC-USD - Drawdown Comparison
Volatility
BIIIX vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Sustainable Advantage CoreAlpha Bond Fund (BIIIX) is 0.00%, while Bitcoin (BTC-USD) has a volatility of 13.03%. This indicates that BIIIX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.