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

Key characteristics


BSIIXSWPPX
YTD Return5.17%21.83%
1Y Return11.46%34.52%
3Y Return (Ann)2.15%11.13%
5Y Return (Ann)3.20%16.25%
10Y Return (Ann)3.04%13.72%
Sharpe Ratio3.242.81
Sortino Ratio5.123.74
Omega Ratio1.671.51
Calmar Ratio1.993.04
Martin Ratio20.6617.45
Ulcer Index0.55%2.03%
Daily Std Dev3.53%12.58%
Max Drawdown-18.76%-55.06%
Current Drawdown-0.93%-0.17%

Correlation

-0.50.00.51.00.2

The correlation between BSIIX and SWPPX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

BSIIX vs. SWPPX - Performance Comparison

In the year-to-date period, BSIIX achieves a 5.17% return, which is significantly lower than SWPPX's 21.83% return. Over the past 10 years, BSIIX has underperformed SWPPX with an annualized return of 3.04%, while SWPPX has yielded a comparatively higher 13.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%200.00%300.00%400.00%500.00%MayJuneJulyAugustSeptemberOctober
90.74%
485.07%
BSIIX
SWPPX

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BSIIX vs. SWPPX - Expense Ratio Comparison

BSIIX has a 0.69% expense ratio, which is higher than SWPPX's 0.02% 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 SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

BSIIX vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Schwab S&P 500 Index Fund (SWPPX). 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 3.24, compared to the broader market0.002.004.003.24
Sortino ratio
The chart of Sortino ratio for BSIIX, currently valued at 5.12, compared to the broader market0.005.0010.005.12
Omega ratio
The chart of Omega ratio for BSIIX, currently valued at 1.67, compared to the broader market1.002.003.004.001.67
Calmar ratio
The chart of Calmar ratio for BSIIX, currently valued at 1.99, compared to the broader market0.005.0010.0015.0020.0025.001.99
Martin ratio
The chart of Martin ratio for BSIIX, currently valued at 20.66, compared to the broader market0.0020.0040.0060.0080.00100.0020.66
SWPPX
Sharpe ratio
The chart of Sharpe ratio for SWPPX, currently valued at 2.75, compared to the broader market0.002.004.002.75
Sortino ratio
The chart of Sortino ratio for SWPPX, currently valued at 3.66, compared to the broader market0.005.0010.003.66
Omega ratio
The chart of Omega ratio for SWPPX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for SWPPX, currently valued at 2.97, compared to the broader market0.005.0010.0015.0020.0025.002.97
Martin ratio
The chart of Martin ratio for SWPPX, currently valued at 17.03, compared to the broader market0.0020.0040.0060.0080.00100.0017.03

BSIIX vs. SWPPX - Sharpe Ratio Comparison

The current BSIIX Sharpe Ratio is 3.24, which roughly equals the SWPPX Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of BSIIX and SWPPX, 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
3.24
2.75
BSIIX
SWPPX

Dividends

BSIIX vs. SWPPX - Dividend Comparison

BSIIX's dividend yield for the trailing twelve months is around 4.60%, more than SWPPX's 1.17% 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%
SWPPX
Schwab S&P 500 Index Fund
1.17%1.43%1.67%1.27%1.81%1.95%2.66%1.78%2.55%3.17%1.80%1.67%

Drawdowns

BSIIX vs. SWPPX - Drawdown Comparison

The maximum BSIIX drawdown since its inception was -18.76%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for BSIIX and SWPPX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober
-0.93%
-0.17%
BSIIX
SWPPX

Volatility

BSIIX vs. SWPPX - Volatility Comparison

The current volatility for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) is 0.79%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 2.91%. This indicates that BSIIX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
0.79%
2.91%
BSIIX
SWPPX