FABZX vs. BIMBX
Compare and contrast key facts about Franklin K2 Alternative Strategies Fund (FABZX) and BlackRock Systematic Multi-Strategy Class I (BIMBX).
FABZX is managed by Franklin Templeton. It was launched on Oct 10, 2013. BIMBX is managed by Blackrock. It was launched on May 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FABZX or BIMBX.
Correlation
The correlation between FABZX and BIMBX is 0.16, 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.
Performance
FABZX vs. BIMBX - Performance Comparison
Key characteristics
FABZX:
0.39
BIMBX:
2.24
FABZX:
0.53
BIMBX:
3.42
FABZX:
1.22
BIMBX:
1.44
FABZX:
0.48
BIMBX:
2.94
FABZX:
1.38
BIMBX:
7.93
FABZX:
3.66%
BIMBX:
1.03%
FABZX:
12.87%
BIMBX:
3.65%
FABZX:
-14.58%
BIMBX:
-8.73%
FABZX:
-9.62%
BIMBX:
-0.17%
Returns By Period
In the year-to-date period, FABZX achieves a 1.09% return, which is significantly lower than BIMBX's 2.28% return.
FABZX
1.09%
-0.09%
-0.20%
4.58%
0.94%
1.46%
BIMBX
2.28%
1.57%
1.52%
7.84%
4.09%
N/A
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FABZX vs. BIMBX - Expense Ratio Comparison
FABZX has a 1.95% expense ratio, which is higher than BIMBX's 0.98% expense ratio.
Risk-Adjusted Performance
FABZX vs. BIMBX — Risk-Adjusted Performance Rank
FABZX
BIMBX
FABZX vs. BIMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin K2 Alternative Strategies Fund (FABZX) and BlackRock Systematic Multi-Strategy Class I (BIMBX). 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
FABZX vs. BIMBX - Dividend Comparison
FABZX's dividend yield for the trailing twelve months is around 6.54%, more than BIMBX's 3.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FABZX Franklin K2 Alternative Strategies Fund | 6.54% | 6.61% | 0.70% | 2.24% | 0.75% | 0.00% | 0.85% | 0.00% | 1.56% | 0.77% | 1.54% | 0.89% |
BIMBX BlackRock Systematic Multi-Strategy Class I | 3.99% | 4.08% | 4.47% | 4.90% | 1.72% | 1.70% | 4.19% | 3.02% | 2.18% | 1.70% | 1.23% | 0.00% |
Drawdowns
FABZX vs. BIMBX - Drawdown Comparison
The maximum FABZX drawdown since its inception was -14.58%, which is greater than BIMBX's maximum drawdown of -8.73%. Use the drawdown chart below to compare losses from any high point for FABZX and BIMBX. For additional features, visit the drawdowns tool.
Volatility
FABZX vs. BIMBX - Volatility Comparison
Franklin K2 Alternative Strategies Fund (FABZX) and BlackRock Systematic Multi-Strategy Class I (BIMBX) have volatilities of 1.16% and 1.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.