BILPX vs. MFIOX
BILPX (BlackRock Event Driven Equity Fund) and MFIOX (MFS Income Fund) are both mutual funds - BILPX is a Event Driven fund managed by BlackRock, while MFIOX is a Intermediate Core-Plus Bond fund managed by MFS. Over the past 10 years, BILPX returned 5.19%/yr vs 2.37%/yr for MFIOX. Their 0.03 correlation means their historical movements had little consistent relationship. BILPX charges 1.16%/yr vs 0.73%/yr for MFIOX.
Performance
BILPX vs. MFIOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BILPX achieves a 3.08% return, which is significantly higher than MFIOX's -0.51% return. Over the past 10 years, BILPX has outperformed MFIOX with an annualized return of 5.19%, while MFIOX has yielded a comparatively lower 2.37% annualized return.
BILPX
- 1D
- 0.00%
- 1M
- -0.19%
- 6M
- 3.37%
- YTD
- 3.08%
- 1Y
- 5.34%
- 3Y*
- 6.65%
- 5Y*
- 4.43%
- 10Y*
- 5.19%
- ALL TIME*
- 5.25%
MFIOX
- 1D
- 0.00%
- 1M
- -1.36%
- 6M
- -0.72%
- YTD
- -0.51%
- 1Y
- 2.10%
- 3Y*
- 4.37%
- 5Y*
- 0.07%
- 10Y*
- 2.37%
- ALL TIME*
- 6.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
MFIOX MFS Income Fund | $0.00 | $0.00 | $0.00 |
BILPX vs. MFIOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BILPX BlackRock Event Driven Equity Fund | 3.08% | 8.43% | 4.37% | 5.38% | 0.01% | 1.95% | 6.30% | 7.29% | 5.47% | 7.15% |
MFIOX MFS Income Fund | -0.51% | 7.37% | 2.66% | 7.46% | -14.14% | -0.28% | 9.47% | 11.36% | -2.38% | 5.73% |
Correlation
The correlation between BILPX and MFIOX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2007 | 0.03 |
Over the past year, BILPX and MFIOX have become more correlated (0.27) than their long-term average of 0.03, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BILPX vs. MFIOX — Risk / Return Rank
BILPX
MFIOX
BILPX vs. MFIOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Event Driven Equity Fund (BILPX) and MFS Income Fund (MFIOX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BILPX | MFIOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.16 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 1.14 | +2.24 |
| Martin ratioReturn relative to average drawdown | 12.91 | 3.17 | +9.74 |
Loading charts...
Drawdowns
BILPX vs. MFIOX - Drawdown Comparison
The maximum BILPX drawdown since its inception was -47.50%, which is greater than MFIOX's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for BILPX and MFIOX.
Loading charts...
Drawdown Indicators
| BILPX | MFIOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.50% | -19.07% | -28.43% |
Max Drawdown (1Y)Largest decline over 1 year | -1.53% | -2.81% | +1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -3.33% | -4.99% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -4.31% | -19.07% | +14.76% |
Max Drawdown (10Y)Largest decline over 10 years | -11.58% | -19.07% | +7.49% |
Current DrawdownCurrent decline from peak | -0.38% | -2.08% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -5.48% | -2.18% | -3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 1.01% | -0.61% |
Volatility
BILPX vs. MFIOX - Volatility Comparison
BlackRock Event Driven Equity Fund (BILPX) has a higher volatility of 1.02% compared to MFS Income Fund (MFIOX) at 0.88%. This indicates that BILPX's price experiences larger fluctuations and is considered to be riskier than MFIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BILPX | MFIOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 0.88% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 2.76% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.99% | 3.55% | -0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.09% | 5.52% | -1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.64% | 4.88% | -0.24% |
BILPX vs. MFIOX - Expense Ratio Comparison
BILPX has a 1.16% expense ratio, which is higher than MFIOX's 0.73% expense ratio.
Dividends
BILPX vs. MFIOX - Dividend Comparison
BILPX's dividend yield for the trailing twelve months is around 3.29%, less than MFIOX's 4.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BILPX BlackRock Event Driven Equity Fund | 3.29% | 4.19% | 4.16% | 1.99% | 2.58% | 2.66% | 2.97% | 3.41% | 1.97% | 5.12% | 1.11% | 74.64% |
MFIOX MFS Income Fund | 4.39% | 4.70% | 5.04% | 4.72% | 2.24% | 3.29% | 2.80% | 3.04% | 3.07% | 3.26% | 3.61% | 4.35% |
Frequently Asked Questions
BILPX and MFIOX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BILPX has higher volatility (1.02%) compared to MFIOX (0.88%). In terms of maximum drawdown, BILPX dropped -47.50% vs MFIOX's -19.07%.
BILPX currently has the higher Sharpe Ratio (1.73 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BILPX and MFIOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer