BRMKX vs. ^GSPC
Compare and contrast key facts about iShares Russell Mid-Cap Index Fund (BRMKX) and S&P 500 (^GSPC).
BRMKX is managed by Blackrock. It was launched on May 13, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRMKX or ^GSPC.
Key characteristics
| BRMKX | ^GSPC | |
|---|---|---|
| YTD Return | 7.41% | 11.18% |
| 1Y Return | 22.26% | 26.33% |
| 3Y Return (Ann) | 4.52% | 8.72% |
| 5Y Return (Ann) | 10.74% | 13.16% |
| Sharpe Ratio | 1.71 | 2.38 |
| Daily Std Dev | 13.74% | 11.54% |
| Max Drawdown | -40.20% | -56.78% |
| Current Drawdown | -1.05% | -0.09% |
Correlation
The correlation between BRMKX and ^GSPC is 0.92, 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.
Performance
BRMKX vs. ^GSPC - Performance Comparison
In the year-to-date period, BRMKX achieves a 7.41% return, which is significantly lower than ^GSPC's 11.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BRMKX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) and S&P 500 (^GSPC). 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.
Drawdowns
BRMKX vs. ^GSPC - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BRMKX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BRMKX vs. ^GSPC - Volatility Comparison
The current volatility for iShares Russell Mid-Cap Index Fund (BRMKX) is 3.10%, while S&P 500 (^GSPC) has a volatility of 3.36%. This indicates that BRMKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.