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BSIIX vs. ACSNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BSIIXACSNX
YTD Return5.17%4.41%
1Y Return11.46%6.94%
3Y Return (Ann)2.15%1.46%
5Y Return (Ann)3.20%2.01%
10Y Return (Ann)3.04%1.94%
Sharpe Ratio3.242.91
Sortino Ratio5.125.15
Omega Ratio1.671.69
Calmar Ratio1.992.23
Martin Ratio20.6621.73
Ulcer Index0.55%0.32%
Daily Std Dev3.53%2.40%
Max Drawdown-18.76%-5.98%
Current Drawdown-0.93%-0.61%

Correlation

-0.50.00.51.00.5

The correlation between BSIIX and ACSNX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BSIIX vs. ACSNX - Performance Comparison

In the year-to-date period, BSIIX achieves a 5.17% return, which is significantly higher than ACSNX's 4.41% return. Over the past 10 years, BSIIX has outperformed ACSNX with an annualized return of 3.04%, while ACSNX has yielded a comparatively lower 1.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%50.00%60.00%70.00%80.00%90.00%MayJuneJulyAugustSeptemberOctober
90.74%
42.23%
BSIIX
ACSNX

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BSIIX vs. ACSNX - Expense Ratio Comparison

BSIIX has a 0.69% expense ratio, which is higher than ACSNX's 0.57% expense ratio.


BSIIX
BlackRock Strategic Income Opportunities Fund Class I
Expense ratio chart for BSIIX: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for ACSNX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%

Risk-Adjusted Performance

BSIIX vs. ACSNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and American Century Short Duration Fund (ACSNX). 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.


BSIIX
Sharpe ratio
The chart of Sharpe ratio for BSIIX, currently valued at 3.15, compared to the broader market0.002.004.003.15
Sortino ratio
The chart of Sortino ratio for BSIIX, currently valued at 4.97, compared to the broader market0.005.0010.004.97
Omega ratio
The chart of Omega ratio for BSIIX, currently valued at 1.65, compared to the broader market1.002.003.004.001.65
Calmar ratio
The chart of Calmar ratio for BSIIX, currently valued at 1.93, compared to the broader market0.005.0010.0015.0020.001.93
Martin ratio
The chart of Martin ratio for BSIIX, currently valued at 19.99, compared to the broader market0.0020.0040.0060.0080.00100.0019.99
ACSNX
Sharpe ratio
The chart of Sharpe ratio for ACSNX, currently valued at 2.96, compared to the broader market0.002.004.002.96
Sortino ratio
The chart of Sortino ratio for ACSNX, currently valued at 5.24, compared to the broader market0.005.0010.005.24
Omega ratio
The chart of Omega ratio for ACSNX, currently valued at 1.71, compared to the broader market1.002.003.004.001.71
Calmar ratio
The chart of Calmar ratio for ACSNX, currently valued at 2.26, compared to the broader market0.005.0010.0015.0020.002.26
Martin ratio
The chart of Martin ratio for ACSNX, currently valued at 22.08, compared to the broader market0.0020.0040.0060.0080.00100.0022.08

BSIIX vs. ACSNX - Sharpe Ratio Comparison

The current BSIIX Sharpe Ratio is 3.24, which roughly equals the ACSNX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of BSIIX and ACSNX, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50MayJuneJulyAugustSeptemberOctober
3.15
2.96
BSIIX
ACSNX

Dividends

BSIIX vs. ACSNX - Dividend Comparison

BSIIX's dividend yield for the trailing twelve months is around 4.60%, more than ACSNX's 4.50% yield.


TTM20232022202120202019201820172016201520142013
BSIIX
BlackRock Strategic Income Opportunities Fund Class I
4.60%4.44%4.16%3.16%2.89%3.38%3.30%3.47%2.92%3.19%4.39%2.63%
ACSNX
American Century Short Duration Fund
4.50%4.24%2.16%1.97%1.50%2.58%2.52%1.92%1.63%1.73%1.82%1.28%

Drawdowns

BSIIX vs. ACSNX - Drawdown Comparison

The maximum BSIIX drawdown since its inception was -18.76%, which is greater than ACSNX's maximum drawdown of -5.98%. Use the drawdown chart below to compare losses from any high point for BSIIX and ACSNX. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%MayJuneJulyAugustSeptemberOctober
-0.93%
-0.61%
BSIIX
ACSNX

Volatility

BSIIX vs. ACSNX - Volatility Comparison

BlackRock Strategic Income Opportunities Fund Class I (BSIIX) has a higher volatility of 0.79% compared to American Century Short Duration Fund (ACSNX) at 0.59%. This indicates that BSIIX's price experiences larger fluctuations and is considered to be riskier than ACSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%MayJuneJulyAugustSeptemberOctober
0.79%
0.59%
BSIIX
ACSNX