BXMIX vs. VOO
Compare and contrast key facts about Blackstone Alternative Multi-Strategy Fund (BXMIX) and Vanguard S&P 500 ETF (VOO).
BXMIX is managed by Blackstone. It was launched on Jun 15, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BXMIX or VOO.
Correlation
The correlation between BXMIX and VOO is 0.52, 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. VOO - Performance Comparison
Key characteristics
BXMIX:
2.75
VOO:
1.88
BXMIX:
4.24
VOO:
2.52
BXMIX:
1.55
VOO:
1.35
BXMIX:
3.05
VOO:
2.83
BXMIX:
12.51
VOO:
11.96
BXMIX:
0.64%
VOO:
2.00%
BXMIX:
2.89%
VOO:
12.70%
BXMIX:
-19.28%
VOO:
-33.99%
BXMIX:
0.00%
VOO:
-3.91%
Returns By Period
In the year-to-date period, BXMIX achieves a 0.47% return, which is significantly higher than VOO's -0.66% return. Over the past 10 years, BXMIX has underperformed VOO with an annualized return of 2.42%, while VOO has yielded a comparatively higher 13.26% annualized return.
BXMIX
0.47%
0.34%
2.41%
7.85%
2.45%
2.42%
VOO
-0.66%
-3.35%
3.78%
23.82%
13.79%
13.26%
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BXMIX vs. VOO - Expense Ratio Comparison
BXMIX has a 2.33% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BXMIX vs. VOO — Risk-Adjusted Performance Rank
BXMIX
VOO
BXMIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
BXMIX's dividend yield for the trailing twelve months is around 5.72%, more than VOO's 1.25% 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% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
BXMIX vs. VOO - Drawdown Comparison
The maximum BXMIX drawdown since its inception was -19.28%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BXMIX and VOO. For additional features, visit the drawdowns tool.
Volatility
BXMIX vs. VOO - Volatility Comparison
The current volatility for Blackstone Alternative Multi-Strategy Fund (BXMIX) is 0.76%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.56%. This indicates that BXMIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.