BIMBX vs. FABZX
Compare and contrast key facts about BlackRock Systematic Multi-Strategy Class I (BIMBX) and Franklin K2 Alternative Strategies Fund (FABZX).
BIMBX is managed by Blackrock. It was launched on May 19, 2015. FABZX is managed by Franklin Templeton. It was launched on Oct 10, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMBX or FABZX.
Correlation
The correlation between BIMBX and FABZX is 0.16, 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. FABZX - Performance Comparison
Key characteristics
BIMBX:
2.02
FABZX:
0.44
BIMBX:
3.07
FABZX:
0.58
BIMBX:
1.39
FABZX:
1.24
BIMBX:
2.63
FABZX:
0.53
BIMBX:
7.12
FABZX:
1.67
BIMBX:
1.03%
FABZX:
3.36%
BIMBX:
3.63%
FABZX:
12.86%
BIMBX:
-8.73%
FABZX:
-14.58%
BIMBX:
-0.75%
FABZX:
-9.45%
Returns By Period
In the year-to-date period, BIMBX achieves a 1.68% return, which is significantly higher than FABZX's 1.28% return.
BIMBX
1.68%
2.09%
1.80%
7.64%
4.04%
N/A
FABZX
1.28%
0.82%
0.58%
5.61%
0.98%
1.58%
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BIMBX vs. FABZX - Expense Ratio Comparison
BIMBX has a 0.98% expense ratio, which is lower than FABZX's 1.95% expense ratio.
Risk-Adjusted Performance
BIMBX vs. FABZX — Risk-Adjusted Performance Rank
BIMBX
FABZX
BIMBX vs. FABZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Systematic Multi-Strategy Class I (BIMBX) and Franklin K2 Alternative Strategies Fund (FABZX). 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. FABZX - Dividend Comparison
BIMBX's dividend yield for the trailing twelve months is around 4.01%, less than FABZX's 6.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMBX BlackRock Systematic Multi-Strategy Class I | 4.01% | 4.08% | 4.47% | 4.90% | 1.72% | 1.70% | 4.19% | 3.02% | 2.18% | 1.70% | 1.23% | 0.00% |
FABZX Franklin K2 Alternative Strategies Fund | 6.53% | 6.61% | 0.70% | 2.24% | 0.75% | 0.00% | 0.85% | 0.00% | 1.56% | 0.77% | 1.54% | 0.89% |
Drawdowns
BIMBX vs. FABZX - Drawdown Comparison
The maximum BIMBX drawdown since its inception was -8.73%, smaller than the maximum FABZX drawdown of -14.58%. Use the drawdown chart below to compare losses from any high point for BIMBX and FABZX. For additional features, visit the drawdowns tool.
Volatility
BIMBX vs. FABZX - Volatility Comparison
BlackRock Systematic Multi-Strategy Class I (BIMBX) and Franklin K2 Alternative Strategies Fund (FABZX) have volatilities of 1.20% and 1.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.