BLSIX vs. LCSMX
Compare and contrast key facts about BlackRock Advantage Emerging Markets Fund (BLSIX) and Martin Currie SMA-Shares Series EM Fund (LCSMX).
BLSIX is managed by BlackRock. It was launched on Oct 5, 2011. LCSMX is managed by Legg Mason. It was launched on Jan 9, 2018.
Performance
BLSIX vs. LCSMX - Performance Comparison
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BLSIX vs. LCSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BLSIX BlackRock Advantage Emerging Markets Fund | 0.89% | 29.75% | 6.46% | 9.36% | -21.53% | -4.24% | 16.59% | 17.38% | -17.61% |
LCSMX Martin Currie SMA-Shares Series EM Fund | 9.17% | 51.52% | -13.60% | 16.26% | -27.25% | 4.73% | 35.72% | 6.81% | 1.42% |
Returns By Period
In the year-to-date period, BLSIX achieves a 0.89% return, which is significantly lower than LCSMX's 9.17% return.
BLSIX
- 1D
- -1.03%
- 1M
- -12.27%
- YTD
- 0.89%
- 6M
- 5.66%
- 1Y
- 27.21%
- 3Y*
- 12.93%
- 5Y*
- 1.90%
- 10Y*
- 4.34%
LCSMX
- 1D
- -1.38%
- 1M
- -14.64%
- YTD
- 9.17%
- 6M
- 25.14%
- 1Y
- 60.99%
- 3Y*
- 16.35%
- 5Y*
- 4.66%
- 10Y*
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BLSIX vs. LCSMX - Expense Ratio Comparison
BLSIX has a 0.85% expense ratio, which is higher than LCSMX's 0.00% expense ratio.
Return for Risk
BLSIX vs. LCSMX — Risk / Return Rank
BLSIX
LCSMX
BLSIX vs. LCSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Emerging Markets Fund (BLSIX) and Martin Currie SMA-Shares Series EM Fund (LCSMX). 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.
| BLSIX | LCSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 2.76 | -1.26 |
Sortino ratioReturn per unit of downside risk | 2.02 | 3.31 | -1.29 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.51 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.68 | -1.83 |
Martin ratioReturn relative to average drawdown | 7.40 | 15.56 | -8.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BLSIX | LCSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 2.76 | -1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.26 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.41 | -0.20 |
Correlation
The correlation between BLSIX and LCSMX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
BLSIX vs. LCSMX - Dividend Comparison
BLSIX's dividend yield for the trailing twelve months is around 4.50%, more than LCSMX's 0.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLSIX BlackRock Advantage Emerging Markets Fund | 4.50% | 4.54% | 2.38% | 1.99% | 3.89% | 1.39% | 1.54% | 2.10% | 0.00% | 0.00% | 0.00% | 1.16% |
LCSMX Martin Currie SMA-Shares Series EM Fund | 0.91% | 1.00% | 1.29% | 1.22% | 1.11% | 3.03% | 0.48% | 0.88% | 1.40% | 0.00% | 0.00% | 0.00% |
Drawdowns
BLSIX vs. LCSMX - Drawdown Comparison
The maximum BLSIX drawdown since its inception was -41.34%, roughly equal to the maximum LCSMX drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for BLSIX and LCSMX.
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Drawdown Indicators
| BLSIX | LCSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.34% | -39.72% | -1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -13.31% | -15.39% | +2.08% |
Max Drawdown (5Y)Largest decline over 5 years | -39.28% | -39.72% | +0.44% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | — | — |
Current DrawdownCurrent decline from peak | -13.31% | -15.39% | +2.08% |
Average DrawdownAverage peak-to-trough decline | -12.20% | -13.97% | +1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 3.64% | -0.31% |
Volatility
BLSIX vs. LCSMX - Volatility Comparison
The current volatility for BlackRock Advantage Emerging Markets Fund (BLSIX) is 8.56%, while Martin Currie SMA-Shares Series EM Fund (LCSMX) has a volatility of 11.71%. This indicates that BLSIX experiences smaller price fluctuations and is considered to be less risky than LCSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLSIX | LCSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 11.71% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 13.40% | 17.87% | -4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.96% | 21.99% | -4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 17.88% | -1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.26% | 19.34% | -2.08% |