EQTIX vs. BMCIX
Compare and contrast key facts about Shelton Equity Income Fund (EQTIX) and BlackRock High Equity Income Fund (BMCIX).
EQTIX is managed by Shelton Capital Management. It was launched on Sep 3, 1996. BMCIX is managed by BlackRock. It was launched on Apr 30, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQTIX or BMCIX.
Correlation
The correlation between EQTIX and BMCIX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EQTIX vs. BMCIX - Performance Comparison
Key characteristics
EQTIX:
1.83
BMCIX:
1.20
EQTIX:
2.51
BMCIX:
1.74
EQTIX:
1.34
BMCIX:
1.21
EQTIX:
3.01
BMCIX:
0.35
EQTIX:
10.57
BMCIX:
5.07
EQTIX:
1.67%
BMCIX:
2.24%
EQTIX:
9.66%
BMCIX:
9.44%
EQTIX:
-54.79%
BMCIX:
-79.85%
EQTIX:
-0.73%
BMCIX:
-23.61%
Returns By Period
The year-to-date returns for both investments are quite close, with EQTIX having a 3.21% return and BMCIX slightly higher at 3.37%. Over the past 10 years, EQTIX has outperformed BMCIX with an annualized return of 2.08%, while BMCIX has yielded a comparatively lower 1.61% annualized return.
EQTIX
3.21%
3.21%
9.82%
18.94%
7.53%
2.08%
BMCIX
3.37%
3.37%
2.11%
11.82%
8.53%
1.61%
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EQTIX vs. BMCIX - Expense Ratio Comparison
EQTIX has a 0.72% expense ratio, which is lower than BMCIX's 0.85% expense ratio.
Risk-Adjusted Performance
EQTIX vs. BMCIX — Risk-Adjusted Performance Rank
EQTIX
BMCIX
EQTIX vs. BMCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Income Fund (EQTIX) and BlackRock High Equity Income Fund (BMCIX). 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
EQTIX vs. BMCIX - Dividend Comparison
EQTIX's dividend yield for the trailing twelve months is around 9.22%, more than BMCIX's 7.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQTIX Shelton Equity Income Fund | 9.22% | 9.51% | 8.56% | 8.38% | 9.67% | 9.54% | 4.71% | 3.35% | 3.06% | 1.81% | 1.92% | 1.55% |
BMCIX BlackRock High Equity Income Fund | 7.57% | 8.29% | 7.33% | 6.97% | 6.54% | 4.71% | 3.95% | 5.00% | 1.53% | 0.65% | 0.00% | 0.00% |
Drawdowns
EQTIX vs. BMCIX - Drawdown Comparison
The maximum EQTIX drawdown since its inception was -54.79%, smaller than the maximum BMCIX drawdown of -79.85%. Use the drawdown chart below to compare losses from any high point for EQTIX and BMCIX. For additional features, visit the drawdowns tool.
Volatility
EQTIX vs. BMCIX - Volatility Comparison
Shelton Equity Income Fund (EQTIX) has a higher volatility of 2.93% compared to BlackRock High Equity Income Fund (BMCIX) at 2.74%. This indicates that EQTIX's price experiences larger fluctuations and is considered to be riskier than BMCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.