BROIX vs. BKIE
Compare and contrast key facts about BlackRock Advantage International Fund (BROIX) and BNY Mellon International Equity ETF (BKIE).
BROIX is managed by Blackrock. It was launched on Jan 31, 2006. BKIE is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BROIX or BKIE.
Key characteristics
| BROIX | BKIE | |
|---|---|---|
| YTD Return | 7.59% | 7.37% |
| 1Y Return | 15.29% | 14.91% |
| 3Y Return (Ann) | 4.82% | 4.40% |
| Sharpe Ratio | 1.30 | 1.22 |
| Daily Std Dev | 12.10% | 12.66% |
| Max Drawdown | -54.49% | -28.19% |
| Current Drawdown | -0.77% | -0.31% |
Correlation
The correlation between BROIX and BKIE is 0.98, 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
BROIX vs. BKIE - Performance Comparison
The year-to-date returns for both stocks are quite close, with BROIX having a 7.59% return and BKIE slightly lower at 7.37%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BROIX vs. BKIE - Expense Ratio Comparison
BROIX has a 0.50% expense ratio, which is higher than BKIE's 0.04% expense ratio.
Risk-Adjusted Performance
BROIX vs. BKIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage International Fund (BROIX) and BNY Mellon International Equity ETF (BKIE). 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
BROIX vs. BKIE - Dividend Comparison
BROIX's dividend yield for the trailing twelve months is around 2.52%, less than BKIE's 2.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BROIX BlackRock Advantage International Fund | 2.52% | 2.71% | 3.37% | 8.52% | 1.72% | 2.67% | 2.69% | 0.72% | 2.09% | 0.79% | 1.79% |
BKIE BNY Mellon International Equity ETF | 2.74% | 2.88% | 2.97% | 2.58% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BROIX vs. BKIE - Drawdown Comparison
The maximum BROIX drawdown since its inception was -54.49%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for BROIX and BKIE. For additional features, visit the drawdowns tool.
Volatility
BROIX vs. BKIE - Volatility Comparison
BlackRock Advantage International Fund (BROIX) and BNY Mellon International Equity ETF (BKIE) have volatilities of 3.31% and 3.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.