BIRIX vs. VSTSX

Last updated Jun 23, 2026

BIRIX (BlackRock Sustainable Advantage Large Cap Core Fund) and VSTSX (Vanguard Total Stock Market Index Fund Institutional Select Shares) are both Large Cap Blend Equities funds. Over the past 5 years, BIRIX returned 13.24%/yr vs 12.90%/yr for VSTSX. With a 0.99 correlation, they move nearly in lockstep. BIRIX charges 0.48%/yr vs 0.01%/yr for VSTSX.

Performance

BIRIX vs. VSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIRIX achieves a 12.33% return, which is significantly higher than VSTSX's 10.73% return.

BIRIX

• 1D: 0.84%
• 1M: 1.49%
• YTD: 12.33%
• 6M: 11.71%
• 1Y: 31.15%
• 3Y*: 21.12%
• 5Y*: 13.24%
• 10Y*: 15.60%

VSTSX

• 1D: 1.14%
• 1M: 0.90%
• YTD: 10.73%
• 6M: 9.95%
• 1Y: 27.60%
• 3Y*: 20.70%
• 5Y*: 12.90%
• 10Y*: —

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

BIRIX vs. VSTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIRIX BlackRock Sustainable Advantage Large Cap Core Fund	12.33%	18.97%	21.83%	25.55%	-19.73%	28.16%	22.41%	31.19%	-5.94%	20.95%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	10.73%	17.16%	23.27%	26.54%	-19.49%	25.75%	21.02%	30.81%	-5.15%	20.21%

Correlation

The correlation between BIRIX and VSTSX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.99

The correlation between BIRIX and VSTSX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

BIRIX vs. VSTSX — Risk / Return Rank

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

BIRIX

BIRIX Risk / Return Rank: 79
BIRIX Sharpe Ratio Rank: 79
BIRIX Sortino Ratio Rank: 73
BIRIX Omega Ratio Rank: 71
BIRIX Calmar Ratio Rank: 83
BIRIX Martin Ratio Rank: 91

VSTSX

VSTSX Risk / Return Rank: 65
VSTSX Sharpe Ratio Rank: 63
VSTSX Sortino Ratio Rank: 57
VSTSX Omega Ratio Rank: 58
VSTSX Calmar Ratio Rank: 70
VSTSX Martin Ratio Rank: 79

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.

BIRIX vs. VSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIRIX	VSTSX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.14	+0.26
Sortino ratio: Return per unit of downside risk	3.24	2.91	+0.34
Omega ratio: Gain probability vs. loss probability	1.43	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	3.65	3.08	+0.58
Martin ratio: Return relative to average drawdown	16.89	13.80	+3.09

BIRIX vs. VSTSX - Sharpe Ratio Comparison

The current BIRIX Sharpe Ratio is 2.40, which is comparable to the VSTSX Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of BIRIX and VSTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIRIX vs. VSTSX - Drawdown Comparison

The maximum BIRIX drawdown since its inception was -34.67%, roughly equal to the maximum VSTSX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for BIRIX and VSTSX.

Drawdown Indicators

	BIRIX	VSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-34.67%	-34.97%	+0.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.46%	-8.92%	+0.46%
Max Drawdown (3Y) Largest decline over 3 years	-20.97%	-19.36%	-1.61%
Max Drawdown (5Y) Largest decline over 5 years	-25.88%	-25.35%	-0.53%
Max Drawdown (10Y) Largest decline over 10 years	-34.67%	—	—
Current Drawdown Current decline from peak	-0.86%	-1.13%	+0.27%
Average Drawdown Average peak-to-trough decline	-4.93%	-4.88%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.99%	-0.16%

Volatility

BIRIX vs. VSTSX - Volatility Comparison

BlackRock Sustainable Advantage Large Cap Core Fund (BIRIX) has a higher volatility of 5.15% compared to Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX) at 4.88%. This indicates that BIRIX's price experiences larger fluctuations and is considered to be riskier than VSTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIRIX	VSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	4.88%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	10.32%	10.11%	+0.21%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	12.80%	+0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	17.46%	+1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.10%	18.76%	+0.34%

BIRIX vs. VSTSX - Expense Ratio Comparison

BIRIX has a 0.48% expense ratio, which is higher than VSTSX's 0.01% expense ratio.

Dividends

BIRIX vs. VSTSX - Dividend Comparison

BIRIX's dividend yield for the trailing twelve months is around 5.80%, more than VSTSX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BIRIX BlackRock Sustainable Advantage Large Cap Core Fund	5.80%	6.51%	15.58%	1.01%	1.22%	5.79%	3.69%	2.95%	8.26%	4.89%	2.78%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	1.04%	1.13%	1.27%	1.43%	1.67%	1.23%	1.44%	1.79%	2.07%	1.74%	0.00%

Frequently Asked Questions

Can I hold both BIRIX and VSTSX in my portfolio?

With a correlation of 0.99, BIRIX and VSTSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BIRIX or VSTSX?

BIRIX has higher volatility (5.15%) compared to VSTSX (4.88%). In terms of maximum drawdown, BIRIX dropped -34.67% vs VSTSX's -34.97%.

Which has better risk-adjusted returns?

BIRIX currently has the higher Sharpe Ratio (2.40 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.