BLDIX vs. SIFAX
BLDIX (BlackRock Managed Income Fund) and SIFAX (SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund) are both Diversified Portfolio funds from BlackRock. Over the past 10 years, BLDIX returned 3.99%/yr vs 3.71%/yr for SIFAX. Their 0.17 correlation means their historical movements had little consistent relationship. BLDIX charges 0.41%/yr vs 0.90%/yr for SIFAX.
Performance
BLDIX vs. SIFAX - Performance Comparison
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Returns By Period
In the year-to-date period, BLDIX achieves a 1.25% return, which is significantly lower than SIFAX's 9.09% return. Over the past 10 years, BLDIX has outperformed SIFAX with an annualized return of 3.99%, while SIFAX has yielded a comparatively lower 3.71% 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%
SIFAX
- 1D
- -0.35%
- 1M
- 3.10%
- 6M
- 5.37%
- YTD
- 9.09%
- 1Y
- 12.49%
- 3Y*
- 7.16%
- 5Y*
- 5.81%
- 10Y*
- 3.71%
- ALL TIME*
- 1.72%
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. SIFAX - 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% |
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund | 9.09% | 7.82% | 4.08% | -1.74% | 8.48% | 10.83% | -1.59% | 5.68% | -3.64% | -1.96% |
Correlation
The correlation between BLDIX and SIFAX is -0.19, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.17 |
The correlation between BLDIX and SIFAX shifts across timeframes, from -0.19 (1 year) to 0.23 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
BLDIX vs. SIFAX — Risk / Return Rank
BLDIX
SIFAX
BLDIX vs. SIFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Managed Income Fund (BLDIX) and SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX). 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 | SIFAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 2.75 | -1.29 |
| Martin ratioReturn relative to average drawdown | 5.93 | 9.39 | -3.46 |
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Drawdowns
BLDIX vs. SIFAX - Drawdown Comparison
The maximum BLDIX drawdown since its inception was -14.47%, smaller than the maximum SIFAX drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for BLDIX and SIFAX.
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Drawdown Indicators
| BLDIX | SIFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.47% | -23.62% | +9.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.87% | -4.47% | +0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -4.46% | -4.47% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -14.17% | -8.32% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -14.33% | -13.64% | -0.69% |
Current DrawdownCurrent decline from peak | -1.13% | -0.92% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -8.48% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 1.32% | -0.37% |
Volatility
BLDIX vs. SIFAX - Volatility Comparison
The current volatility for BlackRock Managed Income Fund (BLDIX) is 1.04%, while SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) has a volatility of 1.65%. This indicates that BLDIX experiences smaller price fluctuations and is considered to be less risky than SIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLDIX | SIFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.65% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 4.93% | -1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 5.77% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.36% | 5.65% | -0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.59% | 5.24% | +0.35% |
BLDIX vs. SIFAX - Expense Ratio Comparison
BLDIX has a 0.41% expense ratio, which is lower than SIFAX's 0.90% expense ratio.
Dividends
BLDIX vs. SIFAX - Dividend Comparison
BLDIX's dividend yield for the trailing twelve months is around 4.84%, more than SIFAX's 4.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SIFAX SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund | 4.17% | 4.55% | 3.25% | 3.82% | 11.90% | 7.89% | 1.45% | 1.49% | 1.90% | 1.39% | 1.15% | 0.48% |
Frequently Asked Questions
BLDIX and SIFAX have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIFAX has higher volatility (1.65%) compared to BLDIX (1.04%). In terms of maximum drawdown, BLDIX dropped -14.47% vs SIFAX's -23.62%.
SIFAX currently has the higher Sharpe Ratio (2.14 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.
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