BSIIX vs. VTEB
Compare and contrast key facts about BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Vanguard Tax-Exempt Bond ETF (VTEB).
BSIIX is managed by Blackrock. It was launched on Feb 5, 2008. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSIIX or VTEB.
Correlation
The correlation between BSIIX and VTEB is 0.35, 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. VTEB - Performance Comparison
Key characteristics
BSIIX:
1.46
VTEB:
0.22
BSIIX:
2.13
VTEB:
0.33
BSIIX:
1.27
VTEB:
1.04
BSIIX:
2.11
VTEB:
0.18
BSIIX:
5.88
VTEB:
0.86
BSIIX:
0.79%
VTEB:
0.98%
BSIIX:
3.18%
VTEB:
3.80%
BSIIX:
-18.76%
VTEB:
-17.00%
BSIIX:
-1.68%
VTEB:
-1.88%
Returns By Period
In the year-to-date period, BSIIX achieves a 4.37% return, which is significantly higher than VTEB's 1.02% return.
BSIIX
4.37%
-0.73%
2.71%
4.63%
2.39%
2.58%
VTEB
1.02%
-1.20%
1.27%
0.84%
0.96%
N/A
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BSIIX vs. VTEB - Expense Ratio Comparison
BSIIX has a 0.69% expense ratio, which is higher than VTEB's 0.05% expense ratio.
Risk-Adjusted Performance
BSIIX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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
BSIIX vs. VTEB - Dividend Comparison
BSIIX's dividend yield for the trailing twelve months is around 4.29%, more than VTEB's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 3.93% | 4.43% | 3.22% | 2.29% | 2.69% | 3.39% | 3.31% | 3.47% | 2.92% | 2.24% | 2.44% | 2.63% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.15% | 2.79% | 2.09% | 1.64% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% | 0.00% |
Drawdowns
BSIIX vs. VTEB - Drawdown Comparison
The maximum BSIIX drawdown since its inception was -18.76%, which is greater than VTEB's maximum drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for BSIIX and VTEB. For additional features, visit the drawdowns tool.
Volatility
BSIIX vs. VTEB - Volatility Comparison
The current volatility for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) is 0.65%, while Vanguard Tax-Exempt Bond ETF (VTEB) has a volatility of 1.07%. This indicates that BSIIX experiences smaller price fluctuations and is considered to be less risky than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.