BLDIX vs. BTC-USD

Last updated Apr 3, 2026

Compare and contrast key facts about BlackRock Managed Income Fund (BLDIX) and Bitcoin (BTC-USD).

BLDIX is managed by BlackRock. It was launched on Oct 18, 2007.

Performance

BLDIX vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Managed Income Fund (BLDIX) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

BLDIX vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLDIX BlackRock Managed Income Fund	-0.62%	9.87%	5.19%	8.69%	-9.88%	5.26%	5.81%	9.78%	-0.64%	5.32%
BTC-USD Bitcoin	-23.70%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, BLDIX achieves a -0.62% return, which is significantly higher than BTC-USD's -23.70% return. Over the past 10 years, BLDIX has underperformed BTC-USD with an annualized return of 4.26%, while BTC-USD has yielded a comparatively higher 66.03% annualized return.

BLDIX

• 1D: 0.21%
• 1M: -1.75%
• YTD: -0.62%
• 6M: 0.44%
• 1Y: 6.49%
• 3Y*: 6.24%
• 5Y*: 3.21%
• 10Y*: 4.26%

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

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

Return for Risk

BLDIX vs. BTC-USD — Risk / Return Rank

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

BLDIX

BLDIX Risk / Return Rank: 64
BLDIX Sharpe Ratio Rank: 70
BLDIX Sortino Ratio Rank: 69
BLDIX Omega Ratio Rank: 62
BLDIX Calmar Ratio Rank: 60
BLDIX Martin Ratio Rank: 60

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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.

BLDIX vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Managed Income Fund (BLDIX) and Bitcoin (BTC-USD). 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.

	BLDIX	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	1.40	-0.43	+1.83
Sortino ratio Return per unit of downside risk	1.97	-0.36	+2.33
Omega ratio Gain probability vs. loss probability	1.27	0.96	+0.31
Calmar ratio Return relative to maximum drawdown	1.74	-1.14	+2.87
Martin ratio Return relative to average drawdown	7.10	-2.03	+9.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLDIX vs. BTC-USD - Sharpe Ratio Comparison

The current BLDIX Sharpe Ratio is 1.40, which is higher than the BTC-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of BLDIX and BTC-USD, 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

	BLDIX	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	-0.43	+1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.06	+0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.97	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.18	-0.51

Correlation

The correlation between BLDIX and BTC-USD is 0.09, 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.

Drawdowns

BLDIX vs. BTC-USD - Drawdown Comparison

The maximum BLDIX drawdown since its inception was -14.47%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BLDIX and BTC-USD.

Drawdown Indicators

	BLDIX	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-85.30%	+70.83%
Max Drawdown (1Y) Largest decline over 1 year	-3.87%	-49.65%	+45.78%
Max Drawdown (5Y) Largest decline over 5 years	-14.17%	-76.67%	+62.50%
Max Drawdown (10Y) Largest decline over 10 years	-14.33%	-83.80%	+69.47%
Current Drawdown Current decline from peak	-2.75%	-46.47%	+43.72%
Average Drawdown Average peak-to-trough decline	-2.83%	-42.00%	+39.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	27.75%	-26.80%

Volatility

BLDIX vs. BTC-USD - Volatility Comparison

The current volatility for BlackRock Managed Income Fund (BLDIX) is 1.90%, while Bitcoin (BTC-USD) has a volatility of 13.70%. This indicates that BLDIX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLDIX	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.90%	13.70%	-11.80%
Volatility (6M) Calculated over the trailing 6-month period	2.93%	35.96%	-33.03%
Volatility (1Y) Calculated over the trailing 1-year period	4.66%	36.69%	-32.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.23%	46.91%	-41.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.56%	56.71%	-51.15%