BLDIX vs. TLT
Compare and contrast key facts about BlackRock Managed Income Fund (BLDIX) and iShares 20+ Year Treasury Bond ETF (TLT).
BLDIX is managed by Blackrock. It was launched on Oct 18, 2007. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLDIX or TLT.
Correlation
The correlation between BLDIX and TLT is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BLDIX vs. TLT - Performance Comparison
Key characteristics
BLDIX:
1.70
TLT:
-0.04
BLDIX:
2.45
TLT:
0.04
BLDIX:
1.33
TLT:
1.00
BLDIX:
2.31
TLT:
-0.01
BLDIX:
6.45
TLT:
-0.09
BLDIX:
1.16%
TLT:
6.82%
BLDIX:
4.39%
TLT:
13.76%
BLDIX:
-21.04%
TLT:
-48.35%
BLDIX:
-0.55%
TLT:
-41.71%
Returns By Period
The year-to-date returns for both stocks are quite close, with BLDIX having a 1.77% return and TLT slightly lower at 1.75%. Over the past 10 years, BLDIX has outperformed TLT with an annualized return of 3.51%, while TLT has yielded a comparatively lower -1.15% annualized return.
BLDIX
1.77%
0.91%
1.42%
7.68%
3.07%
3.51%
TLT
1.75%
1.01%
-7.53%
0.03%
-7.42%
-1.15%
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BLDIX vs. TLT - Expense Ratio Comparison
BLDIX has a 0.41% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
BLDIX vs. TLT — Risk-Adjusted Performance Rank
BLDIX
TLT
BLDIX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Managed Income Fund (BLDIX) and iShares 20+ Year Treasury Bond ETF (TLT). 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.
Dividends
BLDIX vs. TLT - Dividend Comparison
BLDIX's dividend yield for the trailing twelve months is around 5.68%, more than TLT's 4.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLDIX BlackRock Managed Income Fund | 5.68% | 5.74% | 4.97% | 4.42% | 3.29% | 3.53% | 3.87% | 4.03% | 3.70% | 2.79% | 2.89% | 3.14% |
TLT iShares 20+ Year Treasury Bond ETF | 4.24% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
BLDIX vs. TLT - Drawdown Comparison
The maximum BLDIX drawdown since its inception was -21.04%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BLDIX and TLT. For additional features, visit the drawdowns tool.
Volatility
BLDIX vs. TLT - Volatility Comparison
The current volatility for BlackRock Managed Income Fund (BLDIX) is 1.21%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.81%. This indicates that BLDIX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.