BSMIX vs. FAMRX
BSMIX (iShares Russell Small/Mid-Cap Index Fund) and FAMRX (Fidelity Asset Manager 85% Fund) are both mutual funds - BSMIX is a Small Cap Blend Equities fund managed by BlackRock, while FAMRX is a Diversified Portfolio fund managed by BlackRock. Over the past 10 years, BSMIX returned 12.37%/yr vs 12.13%/yr for FAMRX. Their correlation of 0.88 suggests significant overlap in exposure. BSMIX charges 0.12%/yr vs 0.70%/yr for FAMRX.
Performance
BSMIX vs. FAMRX - Performance Comparison
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Returns By Period
In the year-to-date period, BSMIX achieves a 21.86% return, which is significantly higher than FAMRX's 14.17% return. Both investments have delivered pretty close results over the past 10 years, with BSMIX having a 12.37% annualized return and FAMRX not far behind at 12.13%.
BSMIX
- 1D
- 0.77%
- 1M
- 4.80%
- YTD
- 21.86%
- 6M
- 19.38%
- 1Y
- 38.49%
- 3Y*
- 19.63%
- 5Y*
- 8.21%
- 10Y*
- 12.37%
FAMRX
- 1D
- -0.06%
- 1M
- 2.43%
- YTD
- 14.17%
- 6M
- 13.73%
- 1Y
- 29.75%
- 3Y*
- 18.98%
- 5Y*
- 9.75%
- 10Y*
- 12.13%
BSMIX vs. FAMRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 21.86% | 11.92% | 12.04% | 17.15% | -18.39% | 18.00% | 20.28% | 27.62% | -10.22% | 16.75% |
FAMRX Fidelity Asset Manager 85% Fund | 14.17% | 20.87% | 12.60% | 18.98% | -18.55% | 17.10% | 19.37% | 26.26% | -9.21% | 21.08% |
Correlation
The correlation between BSMIX and FAMRX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.88 |
The correlation between BSMIX and FAMRX has been stable across timeframes, ranging from 0.84 to 0.88 - a consistent structural relationship.
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Return for Risk
BSMIX vs. FAMRX — Risk / Return Rank
BSMIX
FAMRX
BSMIX vs. FAMRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Small/Mid-Cap Index Fund (BSMIX) and Fidelity Asset Manager 85% Fund (FAMRX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSMIX | FAMRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.44 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.25 | 3.31 | +0.94 |
| Martin ratioReturn relative to average drawdown | 16.06 | 14.35 | +1.71 |
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Drawdowns
BSMIX vs. FAMRX - Drawdown Comparison
The maximum BSMIX drawdown since its inception was -41.32%, smaller than the maximum FAMRX drawdown of -58.65%. Use the drawdown chart below to compare losses from any high point for BSMIX and FAMRX.
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Drawdown Indicators
| BSMIX | FAMRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.32% | -58.65% | +17.33% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -9.33% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -25.49% | -15.35% | -10.14% |
Max Drawdown (5Y)Largest decline over 5 years | -28.33% | -26.00% | -2.33% |
Max Drawdown (10Y)Largest decline over 10 years | -41.32% | -30.96% | -10.36% |
Current DrawdownCurrent decline from peak | 0.00% | -0.06% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -7.38% | -12.30% | +4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.15% | +0.33% |
Volatility
BSMIX vs. FAMRX - Volatility Comparison
iShares Russell Small/Mid-Cap Index Fund (BSMIX) has a higher volatility of 6.00% compared to Fidelity Asset Manager 85% Fund (FAMRX) at 5.36%. This indicates that BSMIX's price experiences larger fluctuations and is considered to be riskier than FAMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSMIX | FAMRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 5.36% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 10.97% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 13.13% | +4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.28% | 14.78% | +6.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 15.33% | +6.43% |
BSMIX vs. FAMRX - Expense Ratio Comparison
BSMIX has a 0.12% expense ratio, which is lower than FAMRX's 0.70% expense ratio.
Dividends
BSMIX vs. FAMRX - Dividend Comparison
BSMIX's dividend yield for the trailing twelve months is around 2.37%, less than FAMRX's 4.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 2.37% | 2.90% | 2.04% | 1.37% | 4.94% | 4.77% | 4.42% | 2.83% | 4.33% | 2.83% | 1.45% | 0.00% |
FAMRX Fidelity Asset Manager 85% Fund | 4.87% | 5.56% | 3.44% | 1.33% | 5.07% | 3.15% | 1.99% | 5.52% | 5.62% | 2.31% | 0.28% | 4.83% |
Frequently Asked Questions
BSMIX and FAMRX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSMIX has higher volatility (6.00%) compared to FAMRX (5.36%). In terms of maximum drawdown, BSMIX dropped -41.32% vs FAMRX's -58.65%.
FAMRX currently has the higher Sharpe Ratio (2.36 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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