BXMIX vs. IVVW
Compare and contrast key facts about Blackstone Alternative Multi-Strategy Fund (BXMIX) and iShares S&P 500 BuyWrite ETF (IVVW).
BXMIX is managed by Blackstone. It was launched on Jun 15, 2014. IVVW is a passively managed fund by iShares that tracks the performance of the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index - Benchmark TR Gross. It was launched on Mar 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BXMIX or IVVW.
Correlation
The correlation between BXMIX and IVVW is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BXMIX vs. IVVW - Performance Comparison
Key characteristics
BXMIX:
2.89%
IVVW:
8.87%
BXMIX:
-19.28%
IVVW:
-6.20%
BXMIX:
0.00%
IVVW:
-1.78%
Returns By Period
In the year-to-date period, BXMIX achieves a 0.47% return, which is significantly higher than IVVW's -0.09% return.
BXMIX
0.47%
0.34%
2.41%
7.85%
2.45%
2.42%
IVVW
-0.09%
-1.53%
6.67%
N/A
N/A
N/A
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BXMIX vs. IVVW - Expense Ratio Comparison
BXMIX has a 2.33% expense ratio, which is higher than IVVW's 0.25% expense ratio.
Risk-Adjusted Performance
BXMIX vs. IVVW — Risk-Adjusted Performance Rank
BXMIX
IVVW
BXMIX vs. IVVW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and iShares S&P 500 BuyWrite ETF (IVVW). 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.
Not enough dataDividends
BXMIX vs. IVVW - Dividend Comparison
BXMIX's dividend yield for the trailing twelve months is around 5.72%, less than IVVW's 13.73% 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% |
IVVW iShares S&P 500 BuyWrite ETF | 13.73% | 13.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BXMIX vs. IVVW - Drawdown Comparison
The maximum BXMIX drawdown since its inception was -19.28%, which is greater than IVVW's maximum drawdown of -6.20%. Use the drawdown chart below to compare losses from any high point for BXMIX and IVVW. For additional features, visit the drawdowns tool.
Volatility
BXMIX vs. IVVW - Volatility Comparison
The current volatility for Blackstone Alternative Multi-Strategy Fund (BXMIX) is 0.76%, while iShares S&P 500 BuyWrite ETF (IVVW) has a volatility of 2.98%. This indicates that BXMIX experiences smaller price fluctuations and is considered to be less risky than IVVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.