BLZIX vs. SPY
Compare and contrast key facts about BlackRock Sustainable Advantage Emerging Markets Equity Fund (BLZIX) and SPDR S&P 500 ETF (SPY).
BLZIX is managed by Blackrock. It was launched on Aug 17, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLZIX or SPY.
Correlation
The correlation between BLZIX and SPY is 0.63, 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
BLZIX vs. SPY - Performance Comparison
Key characteristics
BLZIX:
1.12
SPY:
1.97
BLZIX:
1.62
SPY:
2.64
BLZIX:
1.20
SPY:
1.36
BLZIX:
0.46
SPY:
2.97
BLZIX:
3.09
SPY:
12.34
BLZIX:
5.01%
SPY:
2.03%
BLZIX:
13.82%
SPY:
12.68%
BLZIX:
-45.89%
SPY:
-55.19%
BLZIX:
-24.32%
SPY:
-0.01%
Returns By Period
In the year-to-date period, BLZIX achieves a 5.73% return, which is significantly higher than SPY's 4.03% return.
BLZIX
5.73%
5.25%
3.32%
13.51%
N/A
N/A
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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BLZIX vs. SPY - Expense Ratio Comparison
BLZIX has a 0.86% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BLZIX vs. SPY — Risk-Adjusted Performance Rank
BLZIX
SPY
BLZIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Advantage Emerging Markets Equity Fund (BLZIX) and SPDR S&P 500 ETF (SPY). 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
BLZIX vs. SPY - Dividend Comparison
BLZIX's dividend yield for the trailing twelve months is around 1.89%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLZIX BlackRock Sustainable Advantage Emerging Markets Equity Fund | 1.89% | 2.00% | 2.32% | 2.69% | 1.38% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BLZIX vs. SPY - Drawdown Comparison
The maximum BLZIX drawdown since its inception was -45.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BLZIX and SPY. For additional features, visit the drawdowns tool.
Volatility
BLZIX vs. SPY - Volatility Comparison
BlackRock Sustainable Advantage Emerging Markets Equity Fund (BLZIX) has a higher volatility of 3.42% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that BLZIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.