BRAMX vs. GPARX
BRAMX (BlackRock Allocation Target Shares Series M Portfolio) and GPARX (GuidePath Absolute Return Allocation Fund) are both Short-Term Bond funds. Over the past 10 years, BRAMX returned 1.26%/yr vs 3.17%/yr for GPARX. At a 0.50 correlation, their price movements are largely independent. BRAMX charges 0.00%/yr vs 0.99%/yr for GPARX.
Performance
BRAMX vs. GPARX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRAMX achieves a 1.08% return, which is significantly lower than GPARX's 6.02% return. Over the past 10 years, BRAMX has underperformed GPARX with an annualized return of 1.26%, while GPARX has yielded a comparatively higher 3.17% annualized return.
BRAMX
- 1D
- 0.47%
- 1M
- 0.83%
- YTD
- 1.08%
- 6M
- 1.32%
- 1Y
- 5.99%
- 3Y*
- 4.48%
- 5Y*
- 0.35%
- 10Y*
- 1.26%
GPARX
- 1D
- -0.87%
- 1M
- -3.22%
- YTD
- 6.02%
- 6M
- 5.36%
- 1Y
- 10.43%
- 3Y*
- 7.31%
- 5Y*
- 2.51%
- 10Y*
- 3.17%
BRAMX vs. GPARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRAMX BlackRock Allocation Target Shares Series M Portfolio | 1.08% | 8.68% | 1.47% | 4.50% | -12.45% | -1.11% | 4.77% | 7.12% | 0.91% | 1.84% |
GPARX GuidePath Absolute Return Allocation Fund | 6.02% | 7.42% | 4.20% | 6.87% | -10.82% | 0.75% | 3.92% | 7.47% | -1.64% | 4.50% |
Correlation
The correlation between BRAMX and GPARX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.50 |
Over the past year, the correlation between BRAMX and GPARX has dropped to 0.25 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRAMX vs. GPARX — Risk / Return Rank
BRAMX
GPARX
BRAMX vs. GPARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series M Portfolio (BRAMX) and GuidePath Absolute Return Allocation Fund (GPARX). 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.
| BRAMX | GPARX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.31 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.24 | -0.26 |
| Martin ratioReturn relative to average drawdown | 6.02 | 8.88 | -2.85 |
Loading charts...
Drawdowns
BRAMX vs. GPARX - Drawdown Comparison
The maximum BRAMX drawdown since its inception was -26.88%, which is greater than GPARX's maximum drawdown of -15.56%. Use the drawdown chart below to compare losses from any high point for BRAMX and GPARX.
Loading charts...
Drawdown Indicators
| BRAMX | GPARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.88% | -15.56% | -11.32% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -4.68% | +1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -7.98% | -4.68% | -3.30% |
Max Drawdown (5Y)Largest decline over 5 years | -18.23% | -15.56% | -2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -18.27% | -15.56% | -2.71% |
Current DrawdownCurrent decline from peak | -1.13% | -4.22% | +3.09% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -2.38% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.18% | -0.16% |
Volatility
BRAMX vs. GPARX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series M Portfolio (BRAMX) is 1.38%, while GuidePath Absolute Return Allocation Fund (GPARX) has a volatility of 2.84%. This indicates that BRAMX experiences smaller price fluctuations and is considered to be less risky than GPARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRAMX | GPARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 2.84% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 6.57% | -3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 7.14% | -3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.36% | 5.16% | +1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.84% | 4.33% | +0.51% |
BRAMX vs. GPARX - Expense Ratio Comparison
BRAMX has a 0.00% expense ratio, which is lower than GPARX's 0.99% expense ratio.
Dividends
BRAMX vs. GPARX - Dividend Comparison
BRAMX's dividend yield for the trailing twelve months is around 4.52%, more than GPARX's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRAMX BlackRock Allocation Target Shares Series M Portfolio | 4.52% | 4.44% | 3.78% | 2.70% | 2.09% | 1.76% | 2.92% | 3.51% | 3.19% | 2.45% | 0.00% | 0.48% |
GPARX GuidePath Absolute Return Allocation Fund | 3.12% | 3.31% | 4.99% | 4.81% | 2.42% | 1.99% | 2.45% | 2.76% | 2.27% | 1.60% | 3.17% | 2.15% |
Frequently Asked Questions
BRAMX and GPARX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPARX has higher volatility (2.84%) compared to BRAMX (1.38%). In terms of maximum drawdown, BRAMX dropped -26.88% vs GPARX's -15.56%.
BRAMX currently has the higher Sharpe Ratio (1.49 vs 1.47), 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.
Find the right allocation for BRAMX and GPARX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer