BLSIX vs. VEMIX
BLSIX (BlackRock Advantage Emerging Markets Fund) and VEMIX (Vanguard Emerging Markets Stock Index Fund Institutional Shares) are both Emerging Markets Equities funds. Over the past 10 years, BLSIX returned 6.06%/yr vs 7.82%/yr for VEMIX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. BLSIX charges 0.85%/yr vs 0.06%/yr for VEMIX.
Performance
BLSIX vs. VEMIX - Performance Comparison
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Returns By Period
In the year-to-date period, BLSIX achieves a 19.25% return, which is significantly higher than VEMIX's 9.18% return. Over the past 10 years, BLSIX has underperformed VEMIX with an annualized return of 6.06%, while VEMIX has yielded a comparatively higher 7.82% annualized return.
BLSIX
- 1D
- 2.02%
- 1M
- -1.71%
- 6M
- 9.81%
- YTD
- 19.25%
- 1Y
- 35.88%
- 3Y*
- 17.59%
- 5Y*
- 6.18%
- 10Y*
- 6.06%
- ALL TIME*
- 4.10%
VEMIX
- 1D
- 1.26%
- 1M
- -0.48%
- 6M
- 3.65%
- YTD
- 9.18%
- 1Y
- 21.49%
- 3Y*
- 14.60%
- 5Y*
- 6.08%
- 10Y*
- 7.82%
- ALL TIME*
- 7.29%
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 |
BLSIX vs. VEMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLSIX BlackRock Advantage Emerging Markets Fund | 19.25% | 29.75% | 6.46% | 9.36% | -21.53% | -4.24% | 16.59% | 17.38% | -14.34% | 14.68% |
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares | 9.18% | 24.80% | 11.38% | 8.85% | -17.75% | 0.91% | 15.26% | 20.35% | -14.55% | 31.42% |
Correlation
The correlation between BLSIX and VEMIX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2011 | 0.78 |
The correlation between BLSIX and VEMIX shifts across timeframes, from 0.78 (all time) to 0.97 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BLSIX vs. VEMIX — Risk / Return Rank
BLSIX
VEMIX
BLSIX vs. VEMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Emerging Markets Fund (BLSIX) and Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX). 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.
| BLSIX | VEMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.87 | +0.40 |
| Martin ratioReturn relative to average drawdown | 7.51 | 6.20 | +1.31 |
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Drawdowns
BLSIX vs. VEMIX - Drawdown Comparison
The maximum BLSIX drawdown since its inception was -41.34%, smaller than the maximum VEMIX drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for BLSIX and VEMIX.
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Drawdown Indicators
| BLSIX | VEMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.34% | -66.43% | +25.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.18% | -11.05% | -4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -15.77% | -2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -35.66% | -30.68% | -4.98% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | -36.04% | -5.30% |
Current DrawdownCurrent decline from peak | -9.96% | -4.23% | -5.73% |
Average DrawdownAverage peak-to-trough decline | -12.02% | -15.91% | +3.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 3.32% | +1.26% |
Volatility
BLSIX vs. VEMIX - Volatility Comparison
BlackRock Advantage Emerging Markets Fund (BLSIX) has a higher volatility of 10.04% compared to Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) at 5.34%. This indicates that BLSIX's price experiences larger fluctuations and is considered to be riskier than VEMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLSIX | VEMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 5.34% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 13.86% | +7.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.50% | 16.03% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.41% | 15.59% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 16.50% | +1.75% |
BLSIX vs. VEMIX - Expense Ratio Comparison
BLSIX has a 0.85% expense ratio, which is higher than VEMIX's 0.06% expense ratio.
Dividends
BLSIX vs. VEMIX - Dividend Comparison
BLSIX's dividend yield for the trailing twelve months is around 1.82%, less than VEMIX's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLSIX BlackRock Advantage Emerging Markets Fund | 1.82% | 4.54% | 2.38% | 1.99% | 3.89% | 1.39% | 1.54% | 2.10% | 0.00% | 0.00% | 0.00% | 1.16% |
VEMIX Vanguard Emerging Markets Stock Index Fund Institutional Shares | 2.35% | 2.77% | 3.17% | 3.51% | 4.09% | 2.61% | 1.90% | 3.23% | 2.89% | 2.33% | 2.55% | 2.51% |
Frequently Asked Questions
With a correlation of 0.94, BLSIX and VEMIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BLSIX has higher volatility (10.04%) compared to VEMIX (5.34%). In terms of maximum drawdown, BLSIX dropped -41.34% vs VEMIX's -66.43%.
BLSIX currently has the higher Sharpe Ratio (1.47 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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