BSIIX vs. VTIP
Compare and contrast key facts about BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
BSIIX is managed by Blackrock. It was launched on Feb 5, 2008. VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSIIX or VTIP.
Key characteristics
| BSIIX | VTIP | |
|---|---|---|
| YTD Return | 5.17% | 4.55% |
| 1Y Return | 11.46% | 7.68% |
| 3Y Return (Ann) | 2.15% | 2.51% |
| 5Y Return (Ann) | 3.20% | 3.59% |
| 10Y Return (Ann) | 3.04% | 2.37% |
| Sharpe Ratio | 3.24 | 3.60 |
| Sortino Ratio | 5.12 | 6.55 |
| Omega Ratio | 1.67 | 1.86 |
| Calmar Ratio | 1.99 | 3.54 |
| Martin Ratio | 20.66 | 39.11 |
| Ulcer Index | 0.55% | 0.21% |
| Daily Std Dev | 3.53% | 2.25% |
| Max Drawdown | -18.76% | -6.27% |
| Current Drawdown | -0.93% | -0.47% |
Correlation
The correlation between BSIIX and VTIP is 0.31, 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. VTIP - Performance Comparison
In the year-to-date period, BSIIX achieves a 5.17% return, which is significantly higher than VTIP's 4.55% return. Over the past 10 years, BSIIX has outperformed VTIP with an annualized return of 3.04%, while VTIP has yielded a comparatively lower 2.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSIIX vs. VTIP - Expense Ratio Comparison
BSIIX has a 0.69% expense ratio, which is higher than VTIP's 0.04% expense ratio.
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.
Dividends
BSIIX vs. VTIP - Dividend Comparison
BSIIX's dividend yield for the trailing twelve months is around 4.60%, more than VTIP's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.38% | 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.
Volatility
BSIIX vs. VTIP - Volatility Comparison
BlackRock Strategic Income Opportunities Fund Class I (BSIIX) has a higher volatility of 0.79% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.63%. 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.