BIMPX vs. SPY
Compare and contrast key facts about BlackRock 40/60 Target Allocation Fund (BIMPX) and State Street SPDR S&P 500 ETF (SPY).
BIMPX is managed by BlackRock. It was launched on Dec 20, 2006. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
BIMPX vs. SPY - Performance Comparison
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BIMPX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIMPX BlackRock 40/60 Target Allocation Fund | -2.85% | 13.43% | 4.93% | 12.41% | -14.84% | 3.51% | 19.76% | 16.65% | -3.77% | 11.77% |
SPY State Street SPDR S&P 500 ETF | -3.65% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, BIMPX achieves a -2.85% return, which is significantly higher than SPY's -3.65% return. Over the past 10 years, BIMPX has underperformed SPY with an annualized return of 5.96%, while SPY has yielded a comparatively higher 14.06% annualized return.
BIMPX
- 1D
- 0.00%
- 1M
- -5.20%
- YTD
- -2.85%
- 6M
- -1.39%
- 1Y
- 9.60%
- 3Y*
- 7.77%
- 5Y*
- 3.41%
- 10Y*
- 5.96%
SPY
- 1D
- 0.75%
- 1M
- -4.28%
- YTD
- -3.65%
- 6M
- -1.42%
- 1Y
- 18.14%
- 3Y*
- 18.48%
- 5Y*
- 11.86%
- 10Y*
- 14.06%
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BIMPX vs. SPY - Expense Ratio Comparison
BIMPX has a 0.11% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
BIMPX vs. SPY — Risk / Return Rank
BIMPX
SPY
BIMPX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 40/60 Target Allocation Fund (BIMPX) and State Street SPDR S&P 500 ETF (SPY). 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.
| BIMPX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 0.96 | +0.25 |
Sortino ratioReturn per unit of downside risk | 1.74 | 1.49 | +0.25 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.53 | +0.01 |
Martin ratioReturn relative to average drawdown | 6.40 | 7.27 | -0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BIMPX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.96 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.70 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.79 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.56 | -0.02 |
Correlation
The correlation between BIMPX and SPY is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BIMPX vs. SPY - Dividend Comparison
BIMPX's dividend yield for the trailing twelve months is around 5.85%, more than SPY's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMPX BlackRock 40/60 Target Allocation Fund | 5.85% | 5.68% | 0.00% | 2.96% | 3.06% | 6.35% | 4.34% | 2.66% | 7.95% | 2.50% | 1.83% | 9.76% |
SPY State Street SPDR S&P 500 ETF | 1.13% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
BIMPX vs. SPY - Drawdown Comparison
The maximum BIMPX drawdown since its inception was -39.37%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BIMPX and SPY.
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Drawdown Indicators
| BIMPX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.37% | -55.19% | +15.82% |
Max Drawdown (1Y)Largest decline over 1 year | -6.07% | -12.05% | +5.98% |
Max Drawdown (5Y)Largest decline over 5 years | -19.85% | -24.50% | +4.65% |
Max Drawdown (10Y)Largest decline over 10 years | -19.85% | -33.72% | +13.87% |
Current DrawdownCurrent decline from peak | -5.74% | -5.53% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -9.09% | +4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 2.54% | -1.08% |
Volatility
BIMPX vs. SPY - Volatility Comparison
The current volatility for BlackRock 40/60 Target Allocation Fund (BIMPX) is 3.11%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.35%. This indicates that BIMPX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIMPX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.11% | 5.35% | -2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.95% | 9.50% | -4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.52% | 19.06% | -10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.08% | 17.06% | -7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 17.92% | -9.43% |