BLDIX vs. BDMIX
BLDIX (BlackRock Managed Income Fund) and BDMIX (BlackRock Global Equity Market Neutral Fund Class I) are both mutual funds - BLDIX is a Diversified Portfolio fund managed by BlackRock, while BDMIX is a Equity Market Neutral fund managed by BlackRock. Over the past 10 years, BLDIX returned 3.99%/yr vs 8.48%/yr for BDMIX. Their -0.00 correlation means they have often moved in opposite directions in the past. BLDIX charges 0.41%/yr vs 1.34%/yr for BDMIX.
Performance
BLDIX vs. BDMIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLDIX achieves a 1.25% return, which is significantly lower than BDMIX's 12.04% return. Over the past 10 years, BLDIX has underperformed BDMIX with an annualized return of 3.99%, while BDMIX has yielded a comparatively higher 8.48% annualized return.
BLDIX
- 1D
- 0.10%
- 1M
- -0.93%
- 6M
- 0.47%
- YTD
- 1.25%
- 1Y
- 4.91%
- 3Y*
- 6.64%
- 5Y*
- 3.02%
- 10Y*
- 3.99%
- ALL TIME*
- 5.42%
BDMIX
- 1D
- 1.13%
- 1M
- 1.65%
- 6M
- 10.90%
- YTD
- 12.04%
- 1Y
- 23.58%
- 3Y*
- 20.48%
- 5Y*
- 13.14%
- 10Y*
- 8.48%
- ALL TIME*
- 6.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BLDIX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLDIX BlackRock Managed Income Fund | 1.25% | 9.87% | 5.19% | 8.69% | -9.88% | 5.26% | 5.81% | 9.78% | -0.64% | 5.32% |
BDMIX BlackRock Global Equity Market Neutral Fund Class I | 12.04% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Correlation
The correlation between BLDIX and BDMIX is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | -0.00 |
The correlation between BLDIX and BDMIX shifts across timeframes, from -0.00 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLDIX vs. BDMIX — Risk / Return Rank
BLDIX
BDMIX
BLDIX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Managed Income Fund (BLDIX) and BlackRock Global Equity Market Neutral Fund Class I (BDMIX). 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.
| BLDIX | BDMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.61 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 7.38 | -5.92 |
| Martin ratioReturn relative to average drawdown | 5.93 | 19.61 | -13.68 |
Loading charts...
Drawdowns
BLDIX vs. BDMIX - Drawdown Comparison
The maximum BLDIX drawdown since its inception was -14.47%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for BLDIX and BDMIX.
Loading charts...
Drawdown Indicators
| BLDIX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.47% | -11.89% | -2.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.87% | -3.24% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -4.46% | -4.07% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -14.17% | -5.23% | -8.94% |
Max Drawdown (10Y)Largest decline over 10 years | -14.33% | -9.44% | -4.89% |
Current DrawdownCurrent decline from peak | -1.13% | -1.06% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -2.67% | -0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 1.22% | -0.27% |
Volatility
BLDIX vs. BDMIX - Volatility Comparison
The current volatility for BlackRock Managed Income Fund (BLDIX) is 1.04%, while BlackRock Global Equity Market Neutral Fund Class I (BDMIX) has a volatility of 2.53%. This indicates that BLDIX experiences smaller price fluctuations and is considered to be less risky than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BLDIX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 2.53% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 5.37% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 7.39% | -2.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.36% | 6.68% | -1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.59% | 5.90% | -0.31% |
BLDIX vs. BDMIX - Expense Ratio Comparison
BLDIX has a 0.41% expense ratio, which is lower than BDMIX's 1.34% expense ratio.
Dividends
BLDIX vs. BDMIX - Dividend Comparison
BLDIX's dividend yield for the trailing twelve months is around 4.84%, less than BDMIX's 11.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Equity Market Neutral Fund Class I | 11.55% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
BLDIX BlackRock Managed Income Fund | 4.84% | 5.46% | 5.76% | 3.55% | 3.86% | 4.87% | 3.53% | 3.87% | 4.27% | 4.48% | 4.15% | 2.87% |
Frequently Asked Questions
BLDIX and BDMIX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDMIX has higher volatility (2.53%) compared to BLDIX (1.04%). In terms of maximum drawdown, BLDIX dropped -14.47% vs BDMIX's -11.89%.
BDMIX currently has the higher Sharpe Ratio (3.24 vs 1.29), 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.
Find the right allocation for BLDIX and BDMIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer