BXMIX vs. BND
Compare and contrast key facts about Blackstone Alternative Multi-Strategy Fund (BXMIX) and Vanguard Total Bond Market ETF (BND).
BXMIX is managed by Blackstone. It was launched on Jun 15, 2014. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BXMIX or BND.
Correlation
The correlation between BXMIX and BND is 0.00, 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
BXMIX vs. BND - Performance Comparison
Key characteristics
BXMIX:
2.75
BND:
0.14
BXMIX:
4.24
BND:
0.23
BXMIX:
1.55
BND:
1.03
BXMIX:
3.05
BND:
0.05
BXMIX:
12.51
BND:
0.35
BXMIX:
0.64%
BND:
2.10%
BXMIX:
2.89%
BND:
5.37%
BXMIX:
-19.28%
BND:
-18.84%
BXMIX:
0.00%
BND:
-10.22%
Returns By Period
In the year-to-date period, BXMIX achieves a 0.47% return, which is significantly higher than BND's -0.96% return. Over the past 10 years, BXMIX has outperformed BND with an annualized return of 2.42%, while BND has yielded a comparatively lower 1.05% annualized return.
BXMIX
0.47%
0.34%
2.41%
7.85%
2.45%
2.42%
BND
-0.96%
-1.68%
-0.66%
0.54%
-0.70%
1.05%
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BXMIX vs. BND - Expense Ratio Comparison
BXMIX has a 2.33% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
BXMIX vs. BND — Risk-Adjusted Performance Rank
BXMIX
BND
BXMIX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and Vanguard Total Bond Market ETF (BND). 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
BXMIX vs. BND - Dividend Comparison
BXMIX's dividend yield for the trailing twelve months is around 5.72%, more than BND's 3.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXMIX Blackstone Alternative Multi-Strategy Fund | 5.72% | 5.75% | 3.48% | 0.00% | 0.00% | 3.12% | 1.97% | 1.25% | 0.76% | 0.45% | 0.12% | 0.22% |
BND Vanguard Total Bond Market ETF | 3.70% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
BXMIX vs. BND - Drawdown Comparison
The maximum BXMIX drawdown since its inception was -19.28%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for BXMIX and BND. For additional features, visit the drawdowns tool.
Volatility
BXMIX vs. BND - Volatility Comparison
The current volatility for Blackstone Alternative Multi-Strategy Fund (BXMIX) is 0.76%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.30%. This indicates that BXMIX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.