BSIIX vs. WOBDX
Compare and contrast key facts about BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and JPMorgan Core Bond Fund (WOBDX).
BSIIX is managed by Blackrock. It was launched on Feb 5, 2008. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSIIX or WOBDX.
Key characteristics
| BSIIX | WOBDX | |
|---|---|---|
| YTD Return | 4.48% | 2.72% |
| 1Y Return | 9.57% | 9.22% |
| 3Y Return (Ann) | 1.77% | -2.09% |
| 5Y Return (Ann) | 2.95% | -0.09% |
| 10Y Return (Ann) | 2.94% | 1.36% |
| Sharpe Ratio | 2.79 | 1.53 |
| Sortino Ratio | 4.37 | 2.29 |
| Omega Ratio | 1.56 | 1.27 |
| Calmar Ratio | 2.33 | 0.56 |
| Martin Ratio | 14.83 | 5.98 |
| Ulcer Index | 0.65% | 1.47% |
| Daily Std Dev | 3.44% | 5.71% |
| Max Drawdown | -18.76% | -18.25% |
| Current Drawdown | -1.57% | -7.84% |
Correlation
The correlation between BSIIX and WOBDX is 0.34, 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. WOBDX - Performance Comparison
In the year-to-date period, BSIIX achieves a 4.48% return, which is significantly higher than WOBDX's 2.72% return. Over the past 10 years, BSIIX has outperformed WOBDX with an annualized return of 2.94%, while WOBDX has yielded a comparatively lower 1.36% 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. WOBDX - Expense Ratio Comparison
BSIIX has a 0.69% expense ratio, which is higher than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
BSIIX vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and JPMorgan Core Bond Fund (WOBDX). 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. WOBDX - Dividend Comparison
BSIIX's dividend yield for the trailing twelve months is around 4.67%, more than WOBDX's 3.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 4.67% | 4.44% | 4.16% | 3.16% | 2.89% | 3.38% | 3.30% | 3.47% | 2.92% | 3.19% | 4.39% | 2.63% |
WOBDX JPMorgan Core Bond Fund | 3.89% | 3.49% | 2.68% | 2.07% | 2.36% | 2.77% | 2.80% | 2.66% | 2.47% | 2.34% | 2.53% | 2.76% |
Drawdowns
BSIIX vs. WOBDX - Drawdown Comparison
The maximum BSIIX drawdown since its inception was -18.76%, roughly equal to the maximum WOBDX drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for BSIIX and WOBDX. For additional features, visit the drawdowns tool.
Volatility
BSIIX vs. WOBDX - Volatility Comparison
The current volatility for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) is 0.75%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.21%. This indicates that BSIIX experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.