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

Correlation

The correlation between BSIIX and VTIP is 0.32, 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.


-0.50.00.51.00.3

Performance

BSIIX vs. VTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
37.99%
25.66%
BSIIX
VTIP

Key characteristics

Sharpe Ratio

BSIIX:

1.66

VTIP:

2.58

Sortino Ratio

BSIIX:

2.43

VTIP:

3.94

Omega Ratio

BSIIX:

1.31

VTIP:

1.52

Calmar Ratio

BSIIX:

2.42

VTIP:

6.20

Martin Ratio

BSIIX:

7.10

VTIP:

16.60

Ulcer Index

BSIIX:

0.75%

VTIP:

0.28%

Daily Std Dev

BSIIX:

3.19%

VTIP:

1.81%

Max Drawdown

BSIIX:

-18.76%

VTIP:

-6.27%

Current Drawdown

BSIIX:

-1.47%

VTIP:

-0.53%

Returns By Period

The year-to-date returns for both stocks are quite close, with BSIIX having a 4.59% return and VTIP slightly lower at 4.48%. Over the past 10 years, BSIIX has underperformed VTIP with an annualized return of 2.42%, while VTIP has yielded a comparatively higher 2.55% annualized return.


BSIIX

YTD

4.59%

1M

-0.11%

6M

3.01%

1Y

5.30%

5Y*

2.44%

10Y*

2.42%

VTIP

YTD

4.48%

1M

-0.04%

6M

2.35%

1Y

4.69%

5Y*

3.41%

10Y*

2.55%

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. VTIP - Expense Ratio Comparison

BSIIX has a 0.69% expense ratio, which is higher than VTIP's 0.04% 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 VTIP: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

BSIIX vs. VTIP - 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 Short-Term Inflation-Protected Securities ETF (VTIP). 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.


Sharpe ratio
The chart of Sharpe ratio for BSIIX, currently valued at 1.66, compared to the broader market-1.000.001.002.003.004.001.662.59
The chart of Sortino ratio for BSIIX, currently valued at 2.43, compared to the broader market-2.000.002.004.006.008.0010.002.433.96
The chart of Omega ratio for BSIIX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.53
The chart of Calmar ratio for BSIIX, currently valued at 2.42, compared to the broader market0.005.0010.0015.002.426.23
The chart of Martin ratio for BSIIX, currently valued at 7.10, compared to the broader market0.0020.0040.0060.007.1016.68
BSIIX
VTIP

The current BSIIX Sharpe Ratio is 1.66, which is lower than the VTIP Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of BSIIX and VTIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.66
2.59
BSIIX
VTIP

Dividends

BSIIX vs. VTIP - Dividend Comparison

BSIIX's dividend yield for the trailing twelve months is around 4.28%, more than VTIP's 2.90% yield.


TTM20232022202120202019201820172016201520142013
BSIIX
BlackRock Strategic Income Opportunities Fund Class I
4.28%4.43%3.22%2.29%2.69%3.39%3.31%3.47%2.92%2.24%2.44%2.63%
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF
2.90%3.36%6.84%4.68%1.20%1.95%2.45%1.52%0.76%0.00%0.82%0.05%

Drawdowns

BSIIX vs. VTIP - Drawdown Comparison

The maximum BSIIX drawdown since its inception was -18.76%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for BSIIX and VTIP. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.47%
-0.53%
BSIIX
VTIP

Volatility

BSIIX vs. VTIP - Volatility Comparison

BlackRock Strategic Income Opportunities Fund Class I (BSIIX) has a higher volatility of 0.71% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.37%. This indicates that BSIIX's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%JulyAugustSeptemberOctoberNovemberDecember
0.71%
0.37%
BSIIX
VTIP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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