BMCIX vs. BALI
Compare and contrast key facts about BlackRock High Equity Income Fund (BMCIX) and Blackrock Advantage Large Cap Income ETF (BALI).
BMCIX is managed by BlackRock. It was launched on Apr 30, 1998. BALI is an actively managed fund by BlackRock. It was launched on Sep 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMCIX or BALI.
Correlation
The correlation between BMCIX and BALI is 0.67, 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
BMCIX vs. BALI - Performance Comparison
Key characteristics
BMCIX:
0.22
BALI:
0.52
BMCIX:
0.41
BALI:
0.81
BMCIX:
1.06
BALI:
1.12
BMCIX:
0.10
BALI:
0.52
BMCIX:
0.93
BALI:
2.07
BMCIX:
3.48%
BALI:
4.20%
BMCIX:
14.46%
BALI:
16.68%
BMCIX:
-79.85%
BALI:
-16.65%
BMCIX:
-27.56%
BALI:
-8.41%
Returns By Period
In the year-to-date period, BMCIX achieves a -0.77% return, which is significantly higher than BALI's -4.94% return.
BMCIX
-0.77%
-3.35%
-2.84%
2.89%
12.30%
0.36%
BALI
-4.94%
-1.35%
-4.04%
9.74%
N/A
N/A
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BMCIX vs. BALI - Expense Ratio Comparison
BMCIX has a 0.85% expense ratio, which is higher than BALI's 0.35% expense ratio.
Risk-Adjusted Performance
BMCIX vs. BALI — Risk-Adjusted Performance Rank
BMCIX
BALI
BMCIX vs. BALI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock High Equity Income Fund (BMCIX) and Blackrock Advantage Large Cap Income ETF (BALI). 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
BMCIX vs. BALI - Dividend Comparison
BMCIX's dividend yield for the trailing twelve months is around 7.72%, less than BALI's 8.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
BMCIX BlackRock High Equity Income Fund | 7.72% | 7.66% | 6.75% | 6.97% | 6.54% | 4.71% | 3.95% | 5.00% | 1.53% | 0.65% |
BALI Blackrock Advantage Large Cap Income ETF | 8.19% | 7.13% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BMCIX vs. BALI - Drawdown Comparison
The maximum BMCIX drawdown since its inception was -79.85%, which is greater than BALI's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for BMCIX and BALI. For additional features, visit the drawdowns tool.
Volatility
BMCIX vs. BALI - Volatility Comparison
The current volatility for BlackRock High Equity Income Fund (BMCIX) is 10.91%, while Blackrock Advantage Large Cap Income ETF (BALI) has a volatility of 12.23%. This indicates that BMCIX experiences smaller price fluctuations and is considered to be less risky than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.