BPRIX vs. FIPDX
Compare and contrast key facts about BlackRock Inflation Protected Bond Fund (BPRIX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
BPRIX is managed by Blackrock. It was launched on Jun 27, 2004. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BPRIX or FIPDX.
Performance
BPRIX vs. FIPDX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with BPRIX having a 2.65% return and FIPDX slightly higher at 2.78%. Over the past 10 years, BPRIX has outperformed FIPDX with an annualized return of 1.65%, while FIPDX has yielded a comparatively lower 1.42% annualized return.
BPRIX
2.65%
-0.84%
2.81%
5.79%
1.96%
1.65%
FIPDX
2.78%
-0.66%
2.58%
5.80%
1.49%
1.42%
Key characteristics
| BPRIX | FIPDX | |
|---|---|---|
| Sharpe Ratio | 1.19 | 1.22 |
| Sortino Ratio | 1.78 | 1.80 |
| Omega Ratio | 1.22 | 1.22 |
| Calmar Ratio | 0.45 | 0.48 |
| Martin Ratio | 4.84 | 5.05 |
| Ulcer Index | 1.20% | 1.15% |
| Daily Std Dev | 4.87% | 4.75% |
| Max Drawdown | -15.18% | -14.29% |
| Current Drawdown | -7.59% | -6.73% |
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BPRIX vs. FIPDX - Expense Ratio Comparison
BPRIX has a 0.40% expense ratio, which is higher than FIPDX's 0.05% expense ratio.
Correlation
The correlation between BPRIX and FIPDX is 0.90, 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.
Risk-Adjusted Performance
BPRIX vs. FIPDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Inflation Protected Bond Fund (BPRIX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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
BPRIX vs. FIPDX - Dividend Comparison
BPRIX's dividend yield for the trailing twelve months is around 3.41%, less than FIPDX's 5.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPRIX BlackRock Inflation Protected Bond Fund | 3.41% | 3.46% | 7.68% | 4.92% | 1.30% | 2.30% | 2.80% | 2.21% | 1.19% | 0.17% | 1.90% | 1.24% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 5.48% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% | 0.66% |
Drawdowns
BPRIX vs. FIPDX - Drawdown Comparison
The maximum BPRIX drawdown since its inception was -15.18%, which is greater than FIPDX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for BPRIX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
BPRIX vs. FIPDX - Volatility Comparison
BlackRock Inflation Protected Bond Fund (BPRIX) has a higher volatility of 1.25% compared to Fidelity Inflation-Protected Bond Index Fund (FIPDX) at 1.15%. This indicates that BPRIX's price experiences larger fluctuations and is considered to be riskier than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.