BLSIX vs. VTMFX
BLSIX (BlackRock Advantage Emerging Markets Fund) and VTMFX (Vanguard Tax-Managed Balanced Fund Admiral Shares) are both mutual funds - BLSIX is a Emerging Markets Equities fund managed by BlackRock, while VTMFX is a Diversified Portfolio fund tracking the Composite benchmark: Russell 1000 Index and Bloomberg 1-15 Year Municipal Bond Index. Over the past 10 years, BLSIX returned 6.06%/yr vs 8.34%/yr for VTMFX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. BLSIX charges 0.85%/yr vs 0.05%/yr for VTMFX.
Performance
BLSIX vs. VTMFX - 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 VTMFX's 4.67% return. Over the past 10 years, BLSIX has underperformed VTMFX with an annualized return of 6.06%, while VTMFX has yielded a comparatively higher 8.34% 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%
VTMFX
- 1D
- 0.26%
- 1M
- -0.90%
- 6M
- 3.20%
- YTD
- 4.67%
- 1Y
- 12.08%
- 3Y*
- 10.85%
- 5Y*
- 6.45%
- 10Y*
- 8.34%
- ALL TIME*
- 7.76%
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. VTMFX - 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% |
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 11.28% | 12.17% | 15.55% | -12.69% | 13.10% | 13.31% | 18.01% | -1.40% | 12.61% |
Correlation
The correlation between BLSIX and VTMFX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2011 | 0.55 |
The correlation between BLSIX and VTMFX shifts across timeframes, from 0.55 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BLSIX vs. VTMFX — Risk / Return Rank
BLSIX
VTMFX
BLSIX vs. VTMFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Emerging Markets Fund (BLSIX) and Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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 | VTMFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.31 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.12 | +0.15 |
| Martin ratioReturn relative to average drawdown | 7.51 | 9.47 | -1.96 |
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Drawdowns
BLSIX vs. VTMFX - Drawdown Comparison
The maximum BLSIX drawdown since its inception was -41.34%, which is greater than VTMFX's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for BLSIX and VTMFX.
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Drawdown Indicators
| BLSIX | VTMFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.34% | -28.49% | -12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -15.18% | -5.38% | -9.80% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -10.61% | -7.30% |
Max Drawdown (5Y)Largest decline over 5 years | -35.66% | -17.40% | -18.26% |
Max Drawdown (10Y)Largest decline over 10 years | -41.34% | -21.87% | -19.47% |
Current DrawdownCurrent decline from peak | -9.96% | -1.29% | -8.67% |
Average DrawdownAverage peak-to-trough decline | -12.02% | -3.54% | -8.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 1.20% | +3.38% |
Volatility
BLSIX vs. VTMFX - Volatility Comparison
BlackRock Advantage Emerging Markets Fund (BLSIX) has a higher volatility of 10.04% compared to Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) at 1.87%. This indicates that BLSIX's price experiences larger fluctuations and is considered to be riskier than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLSIX | VTMFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 1.87% | +8.17% |
Volatility (6M)Calculated over the trailing 6-month period | 21.69% | 5.35% | +16.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.50% | 6.67% | +16.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.41% | 8.59% | +9.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 9.14% | +9.11% |
BLSIX vs. VTMFX - Expense Ratio Comparison
BLSIX has a 0.85% expense ratio, which is higher than VTMFX's 0.05% expense ratio.
Dividends
BLSIX vs. VTMFX - Dividend Comparison
BLSIX's dividend yield for the trailing twelve months is around 1.82%, less than VTMFX's 2.22% 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% |
VTMFX Vanguard Tax-Managed Balanced Fund Admiral Shares | 2.22% | 2.14% | 2.08% | 1.94% | 1.85% | 1.38% | 1.72% | 2.05% | 2.22% | 2.00% | 2.13% | 2.06% |
Frequently Asked Questions
BLSIX and VTMFX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLSIX has higher volatility (10.04%) compared to VTMFX (1.87%). In terms of maximum drawdown, BLSIX dropped -41.34% vs VTMFX's -28.49%.
VTMFX currently has the higher Sharpe Ratio (1.71 vs 1.47), 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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