BRMKX vs. BDJ
BRMKX (iShares Russell Mid-Cap Index Fund) and BDJ (BlackRock Enhanced Equity Dividend Fund) are both mutual funds - BRMKX is a Mid Cap Blend Equities fund managed by BlackRock, while BDJ is a Derivative Income fund managed by BlackRock. Over the past 10 years, BRMKX returned 12.12%/yr vs 10.51%/yr for BDJ. A 0.71 correlation means they provide meaningful diversification when combined. BRMKX charges 0.06%/yr vs 0.86%/yr for BDJ.
Performance
BRMKX vs. BDJ - Performance Comparison
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Returns By Period
In the year-to-date period, BRMKX achieves a 14.11% return, which is significantly higher than BDJ's 1.80% return. Over the past 10 years, BRMKX has outperformed BDJ with an annualized return of 12.12%, while BDJ has yielded a comparatively lower 10.51% annualized return.
BRMKX
- 1D
- 0.51%
- 1M
- 3.34%
- YTD
- 14.11%
- 6M
- 12.58%
- 1Y
- 22.60%
- 3Y*
- 17.54%
- 5Y*
- 8.49%
- 10Y*
- 12.12%
BDJ
- 1D
- -0.43%
- 1M
- 1.65%
- YTD
- 1.80%
- 6M
- 3.32%
- 1Y
- 18.77%
- 3Y*
- 14.29%
- 5Y*
- 7.74%
- 10Y*
- 10.51%
BRMKX vs. BDJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 14.11% | 10.48% | 15.28% | 17.30% | -17.22% | 22.52% | 17.17% | 30.47% | -9.09% | 17.74% |
BDJ BlackRock Enhanced Equity Dividend Fund | 1.80% | 26.12% | 16.87% | -6.67% | 0.83% | 26.56% | -7.58% | 37.43% | -10.42% | 20.78% |
Correlation
The correlation between BRMKX and BDJ is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.71 |
The correlation between BRMKX and BDJ has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.
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Return for Risk
BRMKX vs. BDJ — Risk / Return Rank
BRMKX
BDJ
BRMKX vs. BDJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) and BlackRock Enhanced Equity Dividend Fund (BDJ). 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.
| BRMKX | BDJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 1.54 | +1.36 |
| Martin ratioReturn relative to average drawdown | 11.11 | 5.59 | +5.52 |
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Drawdowns
BRMKX vs. BDJ - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, smaller than the maximum BDJ drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for BRMKX and BDJ.
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Drawdown Indicators
| BRMKX | BDJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -59.46% | +19.26% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -12.28% | +4.11% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -15.70% | -5.37% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -21.39% | -4.65% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | -48.14% | +7.94% |
Current DrawdownCurrent decline from peak | -0.23% | -1.80% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -8.94% | +3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 3.37% | -1.24% |
Volatility
BRMKX vs. BDJ - Volatility Comparison
iShares Russell Mid-Cap Index Fund (BRMKX) has a higher volatility of 4.44% compared to BlackRock Enhanced Equity Dividend Fund (BDJ) at 3.45%. This indicates that BRMKX's price experiences larger fluctuations and is considered to be riskier than BDJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRMKX | BDJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 3.45% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 10.47% | 9.49% | +0.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.86% | 12.18% | +1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.30% | 16.11% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.35% | 18.41% | +0.94% |
BRMKX vs. BDJ - Expense Ratio Comparison
BRMKX has a 0.06% expense ratio, which is lower than BDJ's 0.86% expense ratio.
Dividends
BRMKX vs. BDJ - Dividend Comparison
BRMKX's dividend yield for the trailing twelve months is around 5.22%, less than BDJ's 9.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDJ BlackRock Enhanced Equity Dividend Fund | 9.23% | 9.03% | 8.21% | 9.49% | 12.18% | 5.95% | 7.08% | 6.66% | 7.21% | 6.07% | 6.88% | 7.36% |
BRMKX iShares Russell Mid-Cap Index Fund | 5.22% | 5.92% | 6.43% | 3.02% | 3.67% | 4.07% | 2.86% | 3.95% | 3.87% | 19.24% | 2.11% | 0.00% |
Frequently Asked Questions
BRMKX and BDJ have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRMKX has higher volatility (4.44%) compared to BDJ (3.45%). In terms of maximum drawdown, BRMKX dropped -40.20% vs BDJ's -59.46%.
BRMKX currently has the higher Sharpe Ratio (1.71 vs 1.55), 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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