Correlation
The correlation between BIMPX and VOO is 0.88, 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.
BIMPX vs. VOO
Compare and contrast key facts about BlackRock 40/60 Target Allocation Fund (BIMPX) and Vanguard S&P 500 ETF (VOO).
BIMPX is managed by Blackrock. It was launched on Dec 20, 2006. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIMPX or VOO.
Performance
BIMPX vs. VOO - Performance Comparison
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Key characteristics
BIMPX:
1.01
VOO:
0.74
BIMPX:
1.39
VOO:
1.04
BIMPX:
1.19
VOO:
1.15
BIMPX:
1.05
VOO:
0.68
BIMPX:
4.31
VOO:
2.58
BIMPX:
1.99%
VOO:
4.93%
BIMPX:
9.23%
VOO:
19.54%
BIMPX:
-41.30%
VOO:
-33.99%
BIMPX:
0.00%
VOO:
-3.55%
Returns By Period
In the year-to-date period, BIMPX achieves a 3.29% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, BIMPX has underperformed VOO with an annualized return of 3.30%, while VOO has yielded a comparatively higher 12.81% annualized return.
BIMPX
3.29%
2.57%
1.63%
8.77%
5.83%
4.31%
3.30%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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BIMPX vs. VOO - Expense Ratio Comparison
BIMPX has a 0.11% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
BIMPX vs. VOO — Risk-Adjusted Performance Rank
BIMPX
VOO
BIMPX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 40/60 Target Allocation Fund (BIMPX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
BIMPX vs. VOO - Dividend Comparison
BIMPX's dividend yield for the trailing twelve months is around 3.31%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIMPX BlackRock 40/60 Target Allocation Fund | 3.31% | 3.42% | 2.97% | 3.06% | 6.35% | 4.53% | 2.66% | 7.95% | 2.50% | 1.83% | 9.76% | 11.44% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
BIMPX vs. VOO - Drawdown Comparison
The maximum BIMPX drawdown since its inception was -41.30%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BIMPX and VOO.
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Volatility
BIMPX vs. VOO - Volatility Comparison
The current volatility for BlackRock 40/60 Target Allocation Fund (BIMPX) is 1.99%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that BIMPX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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