BIMBX vs. PALDX

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock Systematic Multi-Strategy Class I (BIMBX) and PGIM 60/40 Allocation Fund (PALDX).

BIMBX is managed by BlackRock. It was launched on May 19, 2015. PALDX is managed by PGIM. It was launched on Sep 12, 2017.

Performance

BIMBX vs. PALDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Systematic Multi-Strategy Class I (BIMBX) and PGIM 60/40 Allocation Fund (PALDX). The values are adjusted to include any dividend payments, if applicable.

BIMBX vs. PALDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIMBX BlackRock Systematic Multi-Strategy Class I	0.96%	5.00%	6.83%	6.43%	-2.95%	6.18%	3.57%	8.43%	1.83%	2.40%
PALDX PGIM 60/40 Allocation Fund	-3.62%	13.62%	18.96%	18.90%	-15.65%	16.30%	10.68%	22.27%	-4.12%	5.95%

Returns By Period

In the year-to-date period, BIMBX achieves a 0.96% return, which is significantly higher than PALDX's -3.62% return.

BIMBX

• 1D: 0.48%
• 1M: -3.15%
• YTD: 0.96%
• 6M: 2.76%
• 1Y: 3.06%
• 3Y*: 6.50%
• 5Y*: 4.19%
• 10Y*: 4.70%

PALDX

• 1D: -0.22%
• 1M: -5.44%
• YTD: -3.62%
• 6M: -1.03%
• 1Y: 12.43%
• 3Y*: 13.72%
• 5Y*: 7.99%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIMBX vs. PALDX - Expense Ratio Comparison

BIMBX has a 0.98% expense ratio, which is higher than PALDX's 0.03% expense ratio.

BIMBX

BlackRock Systematic Multi-Strategy Class I

PALDX

PGIM 60/40 Allocation Fund

Return for Risk

BIMBX vs. PALDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIMBX

BIMBX Risk / Return Rank: 36
BIMBX Sharpe Ratio Rank: 41
BIMBX Sortino Ratio Rank: 39
BIMBX Omega Ratio Rank: 30
BIMBX Calmar Ratio Rank: 37
BIMBX Martin Ratio Rank: 34

PALDX

PALDX Risk / Return Rank: 66
PALDX Sharpe Ratio Rank: 63
PALDX Sortino Ratio Rank: 66
PALDX Omega Ratio Rank: 67
PALDX Calmar Ratio Rank: 62
PALDX Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIMBX vs. PALDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Systematic Multi-Strategy Class I (BIMBX) and PGIM 60/40 Allocation Fund (PALDX). 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.

	BIMBX	PALDX	Difference
Sharpe ratio Return per unit of total volatility	0.84	1.12	-0.28
Sortino ratio Return per unit of downside risk	1.22	1.65	-0.43
Omega ratio Gain probability vs. loss probability	1.15	1.25	-0.10
Calmar ratio Return relative to maximum drawdown	0.99	1.42	-0.43
Martin ratio Return relative to average drawdown	3.57	6.83	-3.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIMBX vs. PALDX - Sharpe Ratio Comparison

The current BIMBX Sharpe Ratio is 0.84, which is comparable to the PALDX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of BIMBX and PALDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BIMBX	PALDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	1.12	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.19	0.67	+0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	0.71	+0.73

Correlation

The correlation between BIMBX and PALDX is 0.31, 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.

Dividends

BIMBX vs. PALDX - Dividend Comparison

BIMBX's dividend yield for the trailing twelve months is around 2.25%, less than PALDX's 5.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BIMBX BlackRock Systematic Multi-Strategy Class I	2.25%	2.27%	4.07%	4.48%	4.99%	2.62%	1.31%	3.90%	8.93%	4.08%	5.00%
PALDX PGIM 60/40 Allocation Fund	5.62%	5.42%	10.40%	2.94%	6.19%	6.87%	2.58%	4.58%	3.65%	1.48%	0.00%

Drawdowns

BIMBX vs. PALDX - Drawdown Comparison

The maximum BIMBX drawdown since its inception was -8.73%, smaller than the maximum PALDX drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for BIMBX and PALDX.

Drawdown Indicators

	BIMBX	PALDX	Difference
Max Drawdown Largest peak-to-trough decline	-8.73%	-26.16%	+17.43%
Max Drawdown (1Y) Largest decline over 1 year	-3.61%	-8.20%	+4.59%
Max Drawdown (5Y) Largest decline over 5 years	-6.50%	-20.47%	+13.97%
Max Drawdown (10Y) Largest decline over 10 years	-8.73%	—	—
Current Drawdown Current decline from peak	-3.15%	-5.96%	+2.81%
Average Drawdown Average peak-to-trough decline	-1.14%	-4.16%	+3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	1.70%	-0.71%

Volatility

BIMBX vs. PALDX - Volatility Comparison

The current volatility for BlackRock Systematic Multi-Strategy Class I (BIMBX) is 1.54%, while PGIM 60/40 Allocation Fund (PALDX) has a volatility of 3.05%. This indicates that BIMBX experiences smaller price fluctuations and is considered to be less risky than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIMBX	PALDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	3.05%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	2.83%	5.86%	-3.03%
Volatility (1Y) Calculated over the trailing 1-year period	4.03%	11.52%	-7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.53%	12.08%	-8.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	12.75%	-9.23%