BLK vs. BIV
BLK (BlackRock, Inc.) is a stock, while BIV (Vanguard Intermediate-Term Bond Index ETF) is Intermediate Core Bond fund tracking the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Bond Index. Over the past 10 years, BLK returned 14.03%/yr vs 1.75%/yr for BIV. At a correlation of -0.14, they often move in opposite directions.
Performance
BLK vs. BIV - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with BLK having a -0.41% return and BIV slightly higher at -0.40%. Over the past 10 years, BLK has outperformed BIV with an annualized return of 14.03%, while BIV has yielded a comparatively lower 1.75% annualized return.
BLK
- 1D
- -1.69%
- 1M
- 0.38%
- 6M
- -8.36%
- YTD
- -0.41%
- 1Y
- -2.48%
- 3Y*
- 14.56%
- 5Y*
- 6.14%
- 10Y*
- 14.03%
- ALL TIME*
- 19.82%
BIV
- 1D
- -0.26%
- 1M
- -0.41%
- 6M
- -0.26%
- YTD
- -0.40%
- 1Y
- 3.43%
- 3Y*
- 4.27%
- 5Y*
- -0.08%
- 10Y*
- 1.75%
- ALL TIME*
- 3.79%
BLK vs. BIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | -0.41% | 6.55% | 29.29% | 17.86% | -20.40% | 29.39% | 47.21% | 31.87% | -21.59% | 38.20% |
BIV Vanguard Intermediate-Term Bond Index ETF | -0.40% | 8.52% | 1.57% | 6.07% | -13.21% | -2.40% | 9.67% | 10.34% | -0.19% | 3.65% |
Correlation
The correlation between BLK and BIV is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2007 | -0.14 |
The correlation between BLK and BIV shifts across timeframes, from -0.14 (all time) to 0.22 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
BLK vs. BIV — Risk / Return Rank
BLK
BIV
BLK vs. BIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock, Inc. (BLK) and Vanguard Intermediate-Term Bond Index ETF (BIV). 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.
| BLK | BIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.15 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 1.09 | -1.20 |
| Martin ratioReturn relative to average drawdown | -0.23 | 2.80 | -3.02 |
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Drawdowns
BLK vs. BIV - Drawdown Comparison
The maximum BLK drawdown since its inception was -60.36%, which is greater than BIV's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for BLK and BIV.
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Drawdown Indicators
| BLK | BIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.36% | -18.95% | -41.41% |
Max Drawdown (1Y)Largest decline over 1 year | -22.45% | -3.18% | -19.27% |
Max Drawdown (3Y)Largest decline over 3 years | -23.74% | -5.55% | -18.19% |
Max Drawdown (5Y)Largest decline over 5 years | -43.90% | -18.74% | -25.16% |
Max Drawdown (10Y)Largest decline over 10 years | -43.90% | -18.95% | -24.95% |
Current DrawdownCurrent decline from peak | -10.93% | -2.20% | -8.73% |
Average DrawdownAverage peak-to-trough decline | -11.93% | -3.38% | -8.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.94% | 1.23% | +9.71% |
Volatility
BLK vs. BIV - Volatility Comparison
BlackRock, Inc. (BLK) has a higher volatility of 10.21% compared to Vanguard Intermediate-Term Bond Index ETF (BIV) at 1.18%. This indicates that BLK's price experiences larger fluctuations and is considered to be riskier than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLK | BIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.21% | 1.18% | +9.03% |
Volatility (6M)Calculated over the trailing 6-month period | 21.24% | 3.15% | +18.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.45% | 4.04% | +22.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.88% | 6.41% | +20.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.74% | 5.50% | +22.24% |
Dividends
BLK vs. BIV - Dividend Comparison
BLK's dividend yield for the trailing twelve months is around 2.08%, less than BIV's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIV Vanguard Intermediate-Term Bond Index ETF | 4.26% | 4.01% | 3.79% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 3.01% | 3.02% |
BLK BlackRock, Inc. | 2.08% | 1.95% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.08% | 1.95% | 2.41% | 2.56% |
Frequently Asked Questions
BLK and BIV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLK has higher volatility (10.21%) compared to BIV (1.18%). In terms of maximum drawdown, BLK dropped -60.36% vs BIV's -18.95%.
BIV currently has the higher Sharpe Ratio (0.85 vs -0.09), 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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