BXMIX vs. SCHD
Compare and contrast key facts about Blackstone Alternative Multi-Strategy Fund (BXMIX) and Schwab US Dividend Equity ETF (SCHD).
BXMIX is managed by Blackstone. It was launched on Jun 15, 2014. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BXMIX or SCHD.
Correlation
The correlation between BXMIX and SCHD is 0.44, 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. SCHD - Performance Comparison
Key characteristics
BXMIX:
2.75
SCHD:
1.11
BXMIX:
4.24
SCHD:
1.63
BXMIX:
1.55
SCHD:
1.19
BXMIX:
3.05
SCHD:
1.58
BXMIX:
12.51
SCHD:
4.56
BXMIX:
0.64%
SCHD:
2.76%
BXMIX:
2.89%
SCHD:
11.39%
BXMIX:
-19.28%
SCHD:
-33.37%
BXMIX:
0.00%
SCHD:
-5.94%
Returns By Period
In the year-to-date period, BXMIX achieves a 0.47% return, which is significantly lower than SCHD's 0.73% return. Over the past 10 years, BXMIX has underperformed SCHD with an annualized return of 2.42%, while SCHD has yielded a comparatively higher 11.16% annualized return.
BXMIX
0.47%
0.34%
2.41%
7.85%
2.45%
2.42%
SCHD
0.73%
-2.17%
3.46%
12.27%
10.85%
11.16%
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BXMIX vs. SCHD - Expense Ratio Comparison
BXMIX has a 2.33% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
BXMIX vs. SCHD — Risk-Adjusted Performance Rank
BXMIX
SCHD
BXMIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and Schwab US Dividend Equity ETF (SCHD). 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. SCHD - Dividend Comparison
BXMIX's dividend yield for the trailing twelve months is around 5.72%, more than SCHD's 3.62% 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% |
SCHD Schwab US Dividend Equity ETF | 3.62% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
BXMIX vs. SCHD - Drawdown Comparison
The maximum BXMIX drawdown since its inception was -19.28%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BXMIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
BXMIX vs. SCHD - Volatility Comparison
The current volatility for Blackstone Alternative Multi-Strategy Fund (BXMIX) is 0.76%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 4.04%. This indicates that BXMIX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.