DIAMX vs. BDMIX
Compare and contrast key facts about Diamond Hill Long-Short Fund (DIAMX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
DIAMX is managed by Diamond Hill. It was launched on Jun 29, 2000. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
DIAMX vs. BDMIX - Performance Comparison
Loading graphics...
DIAMX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIAMX Diamond Hill Long-Short Fund | -4.94% | 18.76% | 9.93% | 12.14% | -8.75% | 19.04% | -0.56% | 22.80% | -7.32% | 5.65% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 4.32% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, DIAMX achieves a -4.94% return, which is significantly lower than BDMIX's 4.32% return. Both investments have delivered pretty close results over the past 10 years, with DIAMX having a 7.05% annualized return and BDMIX not far ahead at 7.29%.
DIAMX
- 1D
- 1.29%
- 1M
- -4.00%
- YTD
- -4.94%
- 6M
- -0.22%
- 1Y
- 9.70%
- 3Y*
- 11.45%
- 5Y*
- 6.67%
- 10Y*
- 7.05%
BDMIX
- 1D
- 0.73%
- 1M
- 1.60%
- YTD
- 4.32%
- 6M
- 8.75%
- 1Y
- 17.17%
- 3Y*
- 18.86%
- 5Y*
- 11.38%
- 10Y*
- 7.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DIAMX vs. BDMIX - Expense Ratio Comparison
DIAMX has a 1.36% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
DIAMX vs. BDMIX — Risk / Return Rank
DIAMX
BDMIX
DIAMX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Long-Short Fund (DIAMX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| DIAMX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 2.55 | -1.58 |
Sortino ratioReturn per unit of downside risk | 1.46 | 3.73 | -2.27 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.48 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 5.14 | -3.61 |
Martin ratioReturn relative to average drawdown | 5.57 | 14.25 | -8.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DIAMX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 2.55 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 1.76 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 1.27 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 1.15 | -0.68 |
Correlation
The correlation between DIAMX and BDMIX is 0.09, 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
DIAMX vs. BDMIX - Dividend Comparison
DIAMX's dividend yield for the trailing twelve months is around 1.47%, less than BDMIX's 8.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIAMX Diamond Hill Long-Short Fund | 1.47% | 1.39% | 9.52% | 4.03% | 5.07% | 10.81% | 0.97% | 6.32% | 4.94% | 2.15% | 3.42% | 0.48% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.56% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
DIAMX vs. BDMIX - Drawdown Comparison
The maximum DIAMX drawdown since its inception was -40.92%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for DIAMX and BDMIX.
Loading graphics...
Drawdown Indicators
| DIAMX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.92% | -11.89% | -29.03% |
Max Drawdown (1Y)Largest decline over 1 year | -7.02% | -3.60% | -3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -16.96% | -7.45% | -9.51% |
Max Drawdown (10Y)Largest decline over 10 years | -31.57% | -9.44% | -22.13% |
Current DrawdownCurrent decline from peak | -5.59% | -0.13% | -5.46% |
Average DrawdownAverage peak-to-trough decline | -6.86% | -2.71% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 1.30% | +0.62% |
Volatility
DIAMX vs. BDMIX - Volatility Comparison
Diamond Hill Long-Short Fund (DIAMX) has a higher volatility of 2.70% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.72%. This indicates that DIAMX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DIAMX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 1.72% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 5.02% | 4.78% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.26% | 6.93% | +3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.55% | 6.51% | +4.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.94% | 5.77% | +7.17% |