FOCIX vs. BAICX
Compare and contrast key facts about Fairholme Focused Income Fund (FOCIX) and BlackRock Multi-Asset Income Portfolio (BAICX).
FOCIX is managed by Fairholme. It was launched on Dec 31, 2009. BAICX is managed by Blackrock. It was launched on Apr 7, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOCIX or BAICX.
Correlation
The correlation between FOCIX and BAICX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FOCIX vs. BAICX - Performance Comparison
Key characteristics
FOCIX:
0.83
BAICX:
0.71
FOCIX:
1.18
BAICX:
0.98
FOCIX:
1.17
BAICX:
1.14
FOCIX:
1.22
BAICX:
0.97
FOCIX:
4.39
BAICX:
3.62
FOCIX:
1.55%
BAICX:
1.11%
FOCIX:
8.14%
BAICX:
5.65%
FOCIX:
-22.33%
BAICX:
-33.29%
FOCIX:
-5.57%
BAICX:
-4.15%
Returns By Period
The year-to-date returns for both stocks are quite close, with FOCIX having a -1.04% return and BAICX slightly lower at -1.05%. Over the past 10 years, FOCIX has outperformed BAICX with an annualized return of 5.34%, while BAICX has yielded a comparatively lower 3.44% annualized return.
FOCIX
-1.04%
-4.17%
3.96%
6.95%
9.92%
5.34%
BAICX
-1.05%
-3.21%
-2.15%
4.22%
5.48%
3.44%
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FOCIX vs. BAICX - Expense Ratio Comparison
FOCIX has a 1.00% expense ratio, which is higher than BAICX's 0.81% expense ratio.
Risk-Adjusted Performance
FOCIX vs. BAICX — Risk-Adjusted Performance Rank
FOCIX
BAICX
FOCIX vs. BAICX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fairholme Focused Income Fund (FOCIX) and BlackRock Multi-Asset Income Portfolio (BAICX). 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
FOCIX vs. BAICX - Dividend Comparison
FOCIX's dividend yield for the trailing twelve months is around 2.34%, less than BAICX's 5.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCIX Fairholme Focused Income Fund | 2.34% | 2.47% | 2.81% | 2.24% | 1.12% | 0.65% | 2.74% | 4.57% | 5.12% | 4.78% | 4.77% | 2.34% |
BAICX BlackRock Multi-Asset Income Portfolio | 5.92% | 5.83% | 5.46% | 4.88% | 3.97% | 4.07% | 4.69% | 5.27% | 4.32% | 4.42% | 5.10% | 5.02% |
Drawdowns
FOCIX vs. BAICX - Drawdown Comparison
The maximum FOCIX drawdown since its inception was -22.33%, smaller than the maximum BAICX drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for FOCIX and BAICX. For additional features, visit the drawdowns tool.
Volatility
FOCIX vs. BAICX - Volatility Comparison
Fairholme Focused Income Fund (FOCIX) has a higher volatility of 4.61% compared to BlackRock Multi-Asset Income Portfolio (BAICX) at 2.79%. This indicates that FOCIX's price experiences larger fluctuations and is considered to be riskier than BAICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.