BIMBX vs. BXMIX
Compare and contrast key facts about BlackRock Systematic Multi-Strategy Class I (BIMBX) and Blackstone Alternative Multi-Strategy Fund (BXMIX).
BIMBX is managed by Blackrock. It was launched on May 19, 2015. BXMIX is managed by Blackstone. It was launched on Jun 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMBX or BXMIX.
Correlation
The correlation between BIMBX and BXMIX is 0.19, 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
BIMBX vs. BXMIX - Performance Comparison
Key characteristics
BIMBX:
1.54
BXMIX:
1.15
BIMBX:
2.30
BXMIX:
1.64
BIMBX:
1.29
BXMIX:
1.21
BIMBX:
2.09
BXMIX:
1.35
BIMBX:
5.33
BXMIX:
4.72
BIMBX:
1.09%
BXMIX:
0.75%
BIMBX:
3.78%
BXMIX:
3.07%
BIMBX:
-8.73%
BXMIX:
-19.28%
BIMBX:
-0.76%
BXMIX:
-1.75%
Returns By Period
In the year-to-date period, BIMBX achieves a 2.87% return, which is significantly higher than BXMIX's -0.19% return.
BIMBX
2.87%
-0.19%
1.16%
5.71%
4.79%
N/A
BXMIX
-0.19%
-0.93%
1.93%
3.42%
5.90%
1.96%
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BIMBX vs. BXMIX - Expense Ratio Comparison
BIMBX has a 0.98% expense ratio, which is lower than BXMIX's 2.33% expense ratio.
Risk-Adjusted Performance
BIMBX vs. BXMIX — Risk-Adjusted Performance Rank
BIMBX
BXMIX
BIMBX vs. BXMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Systematic Multi-Strategy Class I (BIMBX) and Blackstone Alternative Multi-Strategy Fund (BXMIX). 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
BIMBX vs. BXMIX - Dividend Comparison
BIMBX's dividend yield for the trailing twelve months is around 3.97%, less than BXMIX's 5.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMBX BlackRock Systematic Multi-Strategy Class I | 3.97% | 4.08% | 4.47% | 4.90% | 1.72% | 1.70% | 4.19% | 3.02% | 2.18% | 1.70% | 1.23% | 0.00% |
BXMIX Blackstone Alternative Multi-Strategy Fund | 5.76% | 5.75% | 3.48% | 0.00% | 0.00% | 3.12% | 1.97% | 1.25% | 0.76% | 0.45% | 0.12% | 0.22% |
Drawdowns
BIMBX vs. BXMIX - Drawdown Comparison
The maximum BIMBX drawdown since its inception was -8.73%, smaller than the maximum BXMIX drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for BIMBX and BXMIX. For additional features, visit the drawdowns tool.
Volatility
BIMBX vs. BXMIX - Volatility Comparison
The current volatility for BlackRock Systematic Multi-Strategy Class I (BIMBX) is 1.01%, while Blackstone Alternative Multi-Strategy Fund (BXMIX) has a volatility of 1.18%. This indicates that BIMBX experiences smaller price fluctuations and is considered to be less risky than BXMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.