FPI vs. BDMIX
FPI (Farmland Partners Inc.) is a stock, while BDMIX (BlackRock Global Long/Short Equity Fund Class I) is Long-Short fund managed by BlackRock. Over the past 10 years, FPI returned 3.71%/yr vs 8.42%/yr for BDMIX. At a correlation of -0.00, they often move in opposite directions.
Performance
FPI vs. BDMIX - Performance Comparison
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Returns By Period
In the year-to-date period, FPI achieves a 4.47% return, which is significantly lower than BDMIX's 11.73% return. Over the past 10 years, FPI has underperformed BDMIX with an annualized return of 3.71%, while BDMIX has yielded a comparatively higher 8.42% annualized return.
FPI
- 1D
- 0.91%
- 1M
- -4.04%
- YTD
- 4.47%
- 6M
- 2.38%
- 1Y
- -9.20%
- 3Y*
- -0.15%
- 5Y*
- -0.55%
- 10Y*
- 3.71%
BDMIX
- 1D
- 1.05%
- 1M
- 2.20%
- YTD
- 11.73%
- 6M
- 13.28%
- 1Y
- 21.47%
- 3Y*
- 21.45%
- 5Y*
- 12.75%
- 10Y*
- 8.42%
FPI vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPI Farmland Partners Inc. | 4.47% | -14.11% | 5.66% | 3.99% | 6.09% | 39.70% | 32.09% | 53.84% | -45.13% | -17.84% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 11.73% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Correlation
The correlation between FPI and BDMIX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2014 | -0.00 |
The correlation between FPI and BDMIX shifts across timeframes, from -0.02 (3 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FPI vs. BDMIX — Risk / Return Rank
FPI
BDMIX
FPI vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Farmland Partners Inc. (FPI) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FPI | BDMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.48 | ||
| Sortino ratioReturn per unit of downside risk | -4.90 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.58 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 6.70 | -7.09 |
| Martin ratioReturn relative to average drawdown | -0.82 | 18.34 | -19.16 |
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Drawdowns
FPI vs. BDMIX - Drawdown Comparison
The maximum FPI drawdown since its inception was -59.77%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for FPI and BDMIX.
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Drawdown Indicators
| FPI | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.77% | -11.89% | -47.88% |
Max Drawdown (1Y)Largest decline over 1 year | -23.54% | -3.24% | -20.30% |
Max Drawdown (3Y)Largest decline over 3 years | -23.64% | -4.07% | -19.57% |
Max Drawdown (5Y)Largest decline over 5 years | -39.88% | -5.99% | -33.89% |
Max Drawdown (10Y)Largest decline over 10 years | -57.44% | -9.44% | -48.00% |
Current DrawdownCurrent decline from peak | -23.54% | -1.33% | -22.21% |
Average DrawdownAverage peak-to-trough decline | -23.61% | -2.68% | -20.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.21% | 1.18% | +10.03% |
Volatility
FPI vs. BDMIX - Volatility Comparison
Farmland Partners Inc. (FPI) has a higher volatility of 6.49% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 2.69%. This indicates that FPI'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
| FPI | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 2.69% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 18.58% | 4.75% | +13.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.92% | 7.07% | +15.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.32% | 6.58% | +21.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.64% | 5.84% | +29.80% |
Dividends
FPI vs. BDMIX - Dividend Comparison
FPI's dividend yield for the trailing twelve months is around 4.71%, less than BDMIX's 8.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.00% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
FPI Farmland Partners Inc. | 4.71% | 4.54% | 11.31% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.82% | 5.88% | 4.57% | 4.54% |
Frequently Asked Questions
FPI and BDMIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPI has higher volatility (6.49%) compared to BDMIX (2.69%). In terms of maximum drawdown, FPI dropped -59.77% vs BDMIX's -11.89%.
BDMIX currently has the higher Sharpe Ratio (3.07 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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