BMCAX vs. FXAIX
Compare and contrast key facts about BlackRock Advantage Large Cap Growth Fund (BMCAX) and Fidelity 500 Index Fund (FXAIX).
BMCAX is managed by Blackrock. It was launched on Aug 26, 1986. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMCAX or FXAIX.
Key characteristics
| BMCAX | FXAIX | |
|---|---|---|
| YTD Return | 6.01% | 6.29% |
| 1Y Return | 33.53% | 26.42% |
| 3Y Return (Ann) | 6.13% | 8.10% |
| 5Y Return (Ann) | 13.62% | 13.31% |
| 10Y Return (Ann) | 12.09% | 12.60% |
| Sharpe Ratio | 2.26 | 2.22 |
| Daily Std Dev | 15.13% | 11.71% |
| Max Drawdown | -58.56% | -33.79% |
| Current Drawdown | -5.01% | -3.85% |
Correlation
The correlation between BMCAX and FXAIX is 0.93, 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.
Performance
BMCAX vs. FXAIX - Performance Comparison
The year-to-date returns for both investments are quite close, with BMCAX having a 6.01% return and FXAIX slightly higher at 6.29%. Both investments have delivered pretty close results over the past 10 years, with BMCAX having a 12.09% annualized return and FXAIX not far ahead at 12.60%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BMCAX vs. FXAIX - Expense Ratio Comparison
BMCAX has a 0.87% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
BMCAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Growth Fund (BMCAX) and Fidelity 500 Index Fund (FXAIX). 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
BMCAX vs. FXAIX - Dividend Comparison
BMCAX's dividend yield for the trailing twelve months is around 0.74%, less than FXAIX's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMCAX BlackRock Advantage Large Cap Growth Fund | 0.74% | 0.79% | 0.19% | 14.39% | 5.68% | 4.12% | 9.77% | 6.44% | 0.56% | 7.42% | 19.24% | 1.20% |
FXAIX Fidelity 500 Index Fund | 1.38% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
BMCAX vs. FXAIX - Drawdown Comparison
The maximum BMCAX drawdown since its inception was -58.56%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for BMCAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
BMCAX vs. FXAIX - Volatility Comparison
BlackRock Advantage Large Cap Growth Fund (BMCAX) has a higher volatility of 5.19% compared to Fidelity 500 Index Fund (FXAIX) at 3.53%. This indicates that BMCAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.