BMCAX vs. WFSPX
BMCAX (BlackRock Advantage Large Cap Growth Fund) and WFSPX (iShares S&P 500 Index Fund Class K) are both mutual funds - BMCAX is a Large Cap Growth Equities fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, BMCAX returned 17.57%/yr vs 15.22%/yr for WFSPX. Their correlation of 0.88 suggests significant overlap in exposure. BMCAX charges 0.87%/yr vs 0.03%/yr for WFSPX.
Performance
BMCAX vs. WFSPX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with BMCAX having a 10.60% return and WFSPX slightly higher at 10.85%. Over the past 10 years, BMCAX has outperformed WFSPX with an annualized return of 17.57%, while WFSPX has yielded a comparatively lower 15.22% annualized return.
BMCAX
- 1D
- 1.63%
- 1M
- 1.31%
- 6M
- 9.57%
- YTD
- 10.60%
- 1Y
- 25.04%
- 3Y*
- 25.42%
- 5Y*
- 13.53%
- 10Y*
- 17.57%
WFSPX
- 1D
- 0.82%
- 1M
- 1.59%
- 6M
- 8.90%
- YTD
- 10.85%
- 1Y
- 21.87%
- 3Y*
- 21.16%
- 5Y*
- 13.11%
- 10Y*
- 15.22%
BMCAX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BMCAX BlackRock Advantage Large Cap Growth Fund | 10.60% | 21.40% | 32.28% | 39.38% | -30.37% | 26.61% | 31.89% | 33.39% | -2.87% | 22.57% |
WFSPX iShares S&P 500 Index Fund Class K | 10.85% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between BMCAX and WFSPX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 1993 | 0.88 |
The correlation between BMCAX and WFSPX has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.
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Return for Risk
BMCAX vs. WFSPX — Risk / Return Rank
BMCAX
WFSPX
BMCAX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Growth Fund (BMCAX) and iShares S&P 500 Index Fund Class K (WFSPX). 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.
| BMCAX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.32 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.46 | -0.78 |
| Martin ratioReturn relative to average drawdown | 5.54 | 10.81 | -5.27 |
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Drawdowns
BMCAX vs. WFSPX - Drawdown Comparison
The maximum BMCAX drawdown since its inception was -58.55%, roughly equal to the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for BMCAX and WFSPX.
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Drawdown Indicators
| BMCAX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -58.21% | -0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -14.71% | -8.90% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -23.29% | -18.74% | -4.55% |
Max Drawdown (5Y)Largest decline over 5 years | -33.84% | -24.51% | -9.33% |
Max Drawdown (10Y)Largest decline over 10 years | -33.84% | -33.74% | -0.10% |
Current DrawdownCurrent decline from peak | -3.04% | -0.75% | -2.29% |
Average DrawdownAverage peak-to-trough decline | -9.41% | -12.74% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 2.02% | +2.44% |
Volatility
BMCAX vs. WFSPX - Volatility Comparison
BlackRock Advantage Large Cap Growth Fund (BMCAX) has a higher volatility of 6.45% compared to iShares S&P 500 Index Fund Class K (WFSPX) at 4.26%. This indicates that BMCAX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BMCAX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 4.26% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 9.95% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 12.52% | +4.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.59% | 16.98% | +4.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.15% | 18.00% | +3.15% |
BMCAX vs. WFSPX - Expense Ratio Comparison
BMCAX has a 0.87% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Dividends
BMCAX vs. WFSPX - Dividend Comparison
BMCAX's dividend yield for the trailing twelve months is around 6.27%, more than WFSPX's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMCAX BlackRock Advantage Large Cap Growth Fund | 6.27% | 6.94% | 22.50% | 0.79% | 0.19% | 14.39% | 5.68% | 4.12% | 9.77% | 6.04% | 0.56% | 7.42% |
WFSPX iShares S&P 500 Index Fund Class K | 1.65% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
With a correlation of 0.94, BMCAX and WFSPX 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.
BMCAX has higher volatility (6.45%) compared to WFSPX (4.26%). In terms of maximum drawdown, BMCAX dropped -58.55% vs WFSPX's -58.21%.
WFSPX currently has the higher Sharpe Ratio (1.75 vs 1.45), 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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