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BXMIX vs. MSFT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BXMIX vs. MSFT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackstone Alternative Multi-Strategy Fund (BXMIX) and Microsoft Corporation (MSFT). The values are adjusted to include any dividend payments, if applicable.

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BXMIX vs. MSFT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BXMIX
Blackstone Alternative Multi-Strategy Fund
-0.46%10.45%7.45%7.92%-4.62%5.27%-1.10%6.78%-1.51%7.20%
MSFT
Microsoft Corporation
-23.28%15.58%12.93%58.19%-28.02%52.48%42.53%57.56%20.80%40.73%

Returns By Period

In the year-to-date period, BXMIX achieves a -0.46% return, which is significantly higher than MSFT's -23.28% return. Over the past 10 years, BXMIX has underperformed MSFT with an annualized return of 4.04%, while MSFT has yielded a comparatively higher 22.44% annualized return.


BXMIX

1D
0.00%
1M
-1.36%
YTD
-0.46%
6M
3.02%
1Y
9.53%
3Y*
8.15%
5Y*
4.66%
10Y*
4.04%

MSFT

1D
3.12%
1M
-5.75%
YTD
-23.28%
6M
-28.23%
1Y
-0.64%
3Y*
9.54%
5Y*
9.74%
10Y*
22.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

BXMIX vs. MSFT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BXMIX
BXMIX Risk / Return Rank: 9090
Overall Rank
BXMIX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
BXMIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
BXMIX Omega Ratio Rank: 9696
Omega Ratio Rank
BXMIX Calmar Ratio Rank: 7979
Calmar Ratio Rank
BXMIX Martin Ratio Rank: 8585
Martin Ratio Rank

MSFT
MSFT Risk / Return Rank: 3838
Overall Rank
MSFT Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
MSFT Sortino Ratio Rank: 3434
Sortino Ratio Rank
MSFT Omega Ratio Rank: 3535
Omega Ratio Rank
MSFT Calmar Ratio Rank: 4141
Calmar Ratio Rank
MSFT Martin Ratio Rank: 4040
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BXMIX vs. MSFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and Microsoft Corporation (MSFT). 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.


BXMIXMSFTDifference

Sharpe ratio

Return per unit of total volatility

2.27

-0.02

+2.29

Sortino ratio

Return per unit of downside risk

2.97

0.15

+2.81

Omega ratio

Gain probability vs. loss probability

1.56

1.02

+0.54

Calmar ratio

Return relative to maximum drawdown

1.87

-0.05

+1.91

Martin ratio

Return relative to average drawdown

8.71

-0.12

+8.84

BXMIX vs. MSFT - Sharpe Ratio Comparison

The current BXMIX Sharpe Ratio is 2.27, which is higher than the MSFT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of BXMIX and MSFT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BXMIXMSFTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.27

-0.02

+2.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.37

+0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.79

0.84

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.73

0.74

0.00

Correlation

The correlation between BXMIX and MSFT 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.


Dividends

BXMIX vs. MSFT - Dividend Comparison

BXMIX's dividend yield for the trailing twelve months is around 7.79%, more than MSFT's 0.94% yield.


TTM20252024202320222021202020192018201720162015
BXMIX
Blackstone Alternative Multi-Strategy Fund
7.79%7.75%5.75%3.48%0.00%1.68%3.12%3.67%1.91%2.00%0.45%2.52%
MSFT
Microsoft Corporation
0.94%0.70%0.73%0.74%1.06%0.68%0.94%1.20%1.69%1.86%2.37%2.33%

Drawdowns

BXMIX vs. MSFT - Drawdown Comparison

The maximum BXMIX drawdown since its inception was -19.28%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for BXMIX and MSFT.


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Drawdown Indicators


BXMIXMSFTDifference

Max Drawdown

Largest peak-to-trough decline

-19.28%

-69.38%

+50.10%

Max Drawdown (1Y)

Largest decline over 1 year

-3.53%

-33.91%

+30.38%

Max Drawdown (5Y)

Largest decline over 5 years

-8.56%

-37.15%

+28.59%

Max Drawdown (10Y)

Largest decline over 10 years

-19.28%

-37.15%

+17.87%

Current Drawdown

Current decline from peak

-1.53%

-31.43%

+29.90%

Average Drawdown

Average peak-to-trough decline

-2.55%

-21.77%

+19.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.06%

12.46%

-11.40%

Volatility

BXMIX vs. MSFT - Volatility Comparison

The current volatility for Blackstone Alternative Multi-Strategy Fund (BXMIX) is 0.95%, while Microsoft Corporation (MSFT) has a volatility of 6.48%. This indicates that BXMIX experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BXMIXMSFTDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.95%

6.48%

-5.53%

Volatility (6M)

Calculated over the trailing 6-month period

2.44%

19.15%

-16.71%

Volatility (1Y)

Calculated over the trailing 1-year period

5.10%

26.46%

-21.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.96%

26.19%

-20.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.24%

26.89%

-21.65%