BPRIX vs. GLD
Compare and contrast key facts about BlackRock Inflation Protected Bond Fund (BPRIX) and SPDR Gold Shares (GLD).
BPRIX is managed by BlackRock. It was launched on Jun 27, 2004. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004.
Performance
BPRIX vs. GLD - Performance Comparison
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BPRIX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BPRIX BlackRock Inflation Protected Bond Fund | 0.00% | 6.84% | 1.41% | 2.92% | -12.87% | 5.76% | 11.76% | 8.33% | -1.85% | 3.10% |
GLD SPDR Gold Shares | 8.57% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Returns By Period
Over the past 10 years, BPRIX has underperformed GLD with an annualized return of 2.39%, while GLD has yielded a comparatively higher 13.92% annualized return.
BPRIX
- 1D
- 0.62%
- 1M
- -1.80%
- YTD
- -0.00%
- 6M
- -0.17%
- 1Y
- 2.66%
- 3Y*
- 2.38%
- 5Y*
- 0.75%
- 10Y*
- 2.39%
GLD
- 1D
- 3.79%
- 1M
- -11.05%
- YTD
- 8.57%
- 6M
- 21.05%
- 1Y
- 49.33%
- 3Y*
- 32.92%
- 5Y*
- 21.58%
- 10Y*
- 13.92%
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BPRIX vs. GLD - Expense Ratio Comparison
Both BPRIX and GLD have an expense ratio of 0.40%.
Return for Risk
BPRIX vs. GLD — Risk / Return Rank
BPRIX
GLD
BPRIX vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Inflation Protected Bond Fund (BPRIX) and SPDR Gold Shares (GLD). 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.
| BPRIX | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.79 | -0.91 |
Sortino ratioReturn per unit of downside risk | 1.25 | 2.21 | -0.96 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.30 | 2.68 | -1.38 |
Martin ratioReturn relative to average drawdown | 4.33 | 9.90 | -5.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BPRIX | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.79 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 1.22 | -1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.88 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.62 | -0.02 |
Correlation
The correlation between BPRIX and GLD is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BPRIX vs. GLD - Dividend Comparison
BPRIX's dividend yield for the trailing twelve months is around 3.56%, while GLD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPRIX BlackRock Inflation Protected Bond Fund | 3.56% | 4.47% | 3.38% | 2.48% | 6.04% | 6.39% | 1.48% | 2.34% | 2.78% | 2.20% | 1.19% | 2.07% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BPRIX vs. GLD - Drawdown Comparison
The maximum BPRIX drawdown since its inception was -15.52%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for BPRIX and GLD.
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Drawdown Indicators
| BPRIX | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.52% | -45.56% | +30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -19.21% | +15.99% |
Max Drawdown (5Y)Largest decline over 5 years | -15.52% | -21.03% | +5.51% |
Max Drawdown (10Y)Largest decline over 10 years | -15.52% | -22.00% | +6.48% |
Current DrawdownCurrent decline from peak | -3.23% | -13.23% | +10.00% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -16.17% | +12.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 5.20% | -4.24% |
Volatility
BPRIX vs. GLD - Volatility Comparison
The current volatility for BlackRock Inflation Protected Bond Fund (BPRIX) is 1.41%, while SPDR Gold Shares (GLD) has a volatility of 11.06%. This indicates that BPRIX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BPRIX | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 11.06% | -9.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 24.30% | -22.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 27.80% | -23.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 17.74% | -11.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 15.87% | -10.35% |