FIDAX vs. BDMIX
Compare and contrast key facts about John Hancock Financial Industries Fund (FIDAX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
FIDAX is managed by BlackRock. It was launched on Mar 14, 1996. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
FIDAX vs. BDMIX - Performance Comparison
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FIDAX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIDAX John Hancock Financial Industries Fund | -9.90% | 12.05% | 30.09% | 5.01% | -14.17% | 28.80% | 1.58% | 31.21% | -15.30% | 11.00% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 3.57% | 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, FIDAX achieves a -9.90% return, which is significantly lower than BDMIX's 3.57% return. Over the past 10 years, FIDAX has outperformed BDMIX with an annualized return of 9.43%, while BDMIX has yielded a comparatively lower 7.21% annualized return.
FIDAX
- 1D
- 0.82%
- 1M
- -5.83%
- YTD
- -9.90%
- 6M
- -5.09%
- 1Y
- 1.17%
- 3Y*
- 14.70%
- 5Y*
- 6.00%
- 10Y*
- 9.43%
BDMIX
- 1D
- -0.46%
- 1M
- 0.87%
- YTD
- 3.57%
- 6M
- 6.57%
- 1Y
- 16.65%
- 3Y*
- 18.58%
- 5Y*
- 11.16%
- 10Y*
- 7.21%
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FIDAX vs. BDMIX - Expense Ratio Comparison
FIDAX has a 1.24% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
FIDAX vs. BDMIX — Risk / Return Rank
FIDAX
BDMIX
FIDAX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Financial Industries Fund (FIDAX) 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.
| FIDAX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.10 | 2.57 | -2.47 |
Sortino ratioReturn per unit of downside risk | 0.27 | 3.76 | -3.49 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.48 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | 0.02 | 4.90 | -4.87 |
Martin ratioReturn relative to average drawdown | 0.07 | 13.59 | -13.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIDAX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 2.57 | -2.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 1.72 | -1.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 1.25 | -0.82 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 1.14 | -0.84 |
Correlation
The correlation between FIDAX and BDMIX is 0.10, 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
FIDAX vs. BDMIX - Dividend Comparison
FIDAX's dividend yield for the trailing twelve months is around 53.48%, more than BDMIX's 8.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDAX John Hancock Financial Industries Fund | 53.48% | 48.19% | 10.24% | 1.91% | 11.22% | 23.08% | 5.41% | 7.56% | 7.72% | 6.10% | 6.01% | 0.93% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.63% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
FIDAX vs. BDMIX - Drawdown Comparison
The maximum FIDAX drawdown since its inception was -70.42%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for FIDAX and BDMIX.
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Drawdown Indicators
| FIDAX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.42% | -11.89% | -58.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.82% | -3.60% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -30.89% | -7.45% | -23.44% |
Max Drawdown (10Y)Largest decline over 10 years | -42.09% | -9.44% | -32.65% |
Current DrawdownCurrent decline from peak | -12.97% | -0.85% | -12.12% |
Average DrawdownAverage peak-to-trough decline | -14.12% | -2.72% | -11.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.89% | 1.30% | +3.59% |
Volatility
FIDAX vs. BDMIX - Volatility Comparison
John Hancock Financial Industries Fund (FIDAX) has a higher volatility of 4.63% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.58%. This indicates that FIDAX'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.
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Volatility by Period
| FIDAX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.63% | 1.58% | +3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 4.74% | +8.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.58% | 6.91% | +13.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.71% | 6.53% | +14.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.00% | 5.77% | +16.23% |