FLSPX vs. BDMIX
Compare and contrast key facts about Meeder Spectrum Fund (FLSPX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
FLSPX is managed by Meeder Funds. It was launched on Jan 1, 2015. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
FLSPX vs. BDMIX - Performance Comparison
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FLSPX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLSPX Meeder Spectrum Fund | -1.71% | 16.15% | 27.96% | 14.00% | -11.49% | 20.56% | -0.23% | 13.03% | -3.96% | 19.30% |
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, FLSPX achieves a -1.71% return, which is significantly lower than BDMIX's 4.32% return. Over the past 10 years, FLSPX has outperformed BDMIX with an annualized return of 9.43%, while BDMIX has yielded a comparatively lower 7.29% annualized return.
FLSPX
- 1D
- 2.28%
- 1M
- -5.52%
- YTD
- -1.71%
- 6M
- 1.51%
- 1Y
- 19.16%
- 3Y*
- 17.46%
- 5Y*
- 10.54%
- 10Y*
- 9.43%
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%
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FLSPX vs. BDMIX - Expense Ratio Comparison
FLSPX has a 1.52% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
FLSPX vs. BDMIX — Risk / Return Rank
FLSPX
BDMIX
FLSPX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meeder Spectrum Fund (FLSPX) 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.
| FLSPX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 2.55 | -1.25 |
Sortino ratioReturn per unit of downside risk | 1.85 | 3.73 | -1.89 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.48 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | 5.14 | -3.04 |
Martin ratioReturn relative to average drawdown | 8.44 | 14.25 | -5.81 |
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
| FLSPX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 2.55 | -1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 1.76 | -0.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 1.27 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 1.15 | -0.51 |
Correlation
The correlation between FLSPX and BDMIX is 0.13, 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
FLSPX vs. BDMIX - Dividend Comparison
FLSPX's dividend yield for the trailing twelve months is around 4.61%, less than BDMIX's 8.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLSPX Meeder Spectrum Fund | 4.61% | 4.32% | 17.39% | 8.41% | 2.81% | 5.55% | 0.09% | 0.96% | 1.26% | 6.78% | 2.52% | 1.55% |
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
FLSPX vs. BDMIX - Drawdown Comparison
The maximum FLSPX drawdown since its inception was -27.07%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for FLSPX and BDMIX.
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Drawdown Indicators
| FLSPX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.07% | -11.89% | -15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.46% | -3.60% | -5.86% |
Max Drawdown (5Y)Largest decline over 5 years | -20.01% | -7.45% | -12.56% |
Max Drawdown (10Y)Largest decline over 10 years | -27.07% | -9.44% | -17.63% |
Current DrawdownCurrent decline from peak | -6.65% | -0.13% | -6.52% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -2.71% | -3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 1.30% | +1.05% |
Volatility
FLSPX vs. BDMIX - Volatility Comparison
Meeder Spectrum Fund (FLSPX) has a higher volatility of 5.41% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.72%. This indicates that FLSPX'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
| FLSPX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 1.72% | +3.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.71% | 4.78% | +4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.12% | 6.93% | +8.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.39% | 6.51% | +6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.61% | 5.77% | +7.84% |