BIMBX vs. HMEZX
Compare and contrast key facts about BlackRock Systematic Multi-Strategy Class I (BIMBX) and NexPoint Merger Arbitrage Fund (HMEZX).
BIMBX is managed by Blackrock. It was launched on May 19, 2015. HMEZX is managed by Highland Funds. It was launched on Aug 18, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMBX or HMEZX.
Correlation
The correlation between BIMBX and HMEZX is 0.08, 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. HMEZX - Performance Comparison
Key characteristics
BIMBX:
2.02
HMEZX:
3.21
BIMBX:
3.07
HMEZX:
4.88
BIMBX:
1.39
HMEZX:
2.16
BIMBX:
2.63
HMEZX:
5.75
BIMBX:
7.12
HMEZX:
16.53
BIMBX:
1.03%
HMEZX:
0.40%
BIMBX:
3.63%
HMEZX:
2.06%
BIMBX:
-8.73%
HMEZX:
-8.00%
BIMBX:
-0.75%
HMEZX:
-0.05%
Returns By Period
In the year-to-date period, BIMBX achieves a 1.68% return, which is significantly higher than HMEZX's 0.86% return.
BIMBX
1.68%
2.09%
1.80%
7.64%
4.04%
N/A
HMEZX
0.86%
0.66%
2.82%
6.61%
3.57%
N/A
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BIMBX vs. HMEZX - Expense Ratio Comparison
BIMBX has a 0.98% expense ratio, which is lower than HMEZX's 1.50% expense ratio.
Risk-Adjusted Performance
BIMBX vs. HMEZX — Risk-Adjusted Performance Rank
BIMBX
HMEZX
BIMBX vs. HMEZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Systematic Multi-Strategy Class I (BIMBX) and NexPoint Merger Arbitrage Fund (HMEZX). 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. HMEZX - Dividend Comparison
BIMBX's dividend yield for the trailing twelve months is around 4.01%, less than HMEZX's 5.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HMEZX NexPoint Merger Arbitrage Fund | 5.04% | 5.09% | 5.07% | 5.12% | 1.29% | 0.00% | 0.00% | 15.16% | 5.26% | 0.01% | 0.00% |
Drawdowns
BIMBX vs. HMEZX - Drawdown Comparison
The maximum BIMBX drawdown since its inception was -8.73%, which is greater than HMEZX's maximum drawdown of -8.00%. Use the drawdown chart below to compare losses from any high point for BIMBX and HMEZX. For additional features, visit the drawdowns tool.
Volatility
BIMBX vs. HMEZX - Volatility Comparison
BlackRock Systematic Multi-Strategy Class I (BIMBX) has a higher volatility of 1.20% compared to NexPoint Merger Arbitrage Fund (HMEZX) at 0.41%. This indicates that BIMBX's price experiences larger fluctuations and is considered to be riskier than HMEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.