BSIIX vs. SWPPX
Compare and contrast key facts about BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Schwab S&P 500 Index Fund (SWPPX).
BSIIX is managed by BlackRock. It was launched on Feb 5, 2008. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
BSIIX vs. SWPPX - Performance Comparison
Loading graphics...
BSIIX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSIIX BlackRock Strategic Income Opportunities Fund Class I | -0.96% | 8.59% | 5.22% | 6.18% | -6.14% | 0.80% | 7.22% | 7.65% | -0.42% | 4.89% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, BSIIX achieves a -0.96% return, which is significantly higher than SWPPX's -7.07% return. Over the past 10 years, BSIIX has underperformed SWPPX with an annualized return of 3.62%, while SWPPX has yielded a comparatively higher 13.71% annualized return.
BSIIX
- 1D
- 0.21%
- 1M
- -2.64%
- YTD
- -0.96%
- 6M
- 0.50%
- 1Y
- 5.73%
- 3Y*
- 5.74%
- 5Y*
- 2.54%
- 10Y*
- 3.62%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSIIX vs. SWPPX - Expense Ratio Comparison
BSIIX has a 0.69% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
BSIIX vs. SWPPX — Risk / Return Rank
BSIIX
SWPPX
BSIIX vs. SWPPX - Risk-Adjusted Trends 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 | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.10 | 0.84 | +1.26 |
Sortino ratioReturn per unit of downside risk | 3.06 | 1.30 | +1.77 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.20 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 2.20 | 1.06 | +1.14 |
Martin ratioReturn relative to average drawdown | 9.63 | 5.14 | +4.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BSIIX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | 0.84 | +1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.68 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.17 | 0.76 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.28 | 0.48 | +0.80 |
Correlation
The correlation between BSIIX and SWPPX is 0.22, 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.
Dividends
BSIIX vs. SWPPX - Dividend Comparison
BSIIX's dividend yield for the trailing twelve months is around 4.79%, more than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 4.79% | 5.07% | 4.75% | 3.33% | 3.58% | 2.98% | 2.92% | 3.54% | 3.32% | 3.45% | 2.91% | 3.19% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
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.
Loading graphics...
Drawdown Indicators
| BSIIX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.76% | -55.06% | +36.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -12.10% | +9.26% |
Max Drawdown (5Y)Largest decline over 5 years | -9.13% | -24.51% | +15.38% |
Max Drawdown (10Y)Largest decline over 10 years | -9.91% | -33.80% | +23.89% |
Current DrawdownCurrent decline from peak | -2.64% | -8.89% | +6.25% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -10.00% | +8.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 2.49% | -1.84% |
Volatility
BSIIX vs. SWPPX - Volatility Comparison
The current volatility for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) is 1.21%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.29%. 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.
Loading graphics...
Volatility by Period
| BSIIX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 4.29% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 1.98% | 9.11% | -7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.89% | 18.14% | -15.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.58% | 16.89% | -13.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.11% | 18.19% | -15.08% |