IICAX vs. BRGNX
IICAX (Asset Management Fund Large Cap Equity Fund) and BRGNX (iShares Russell 1000 Large-Cap Index Fund) are both Large Cap Blend Equities funds from BlackRock. Over the past 10 years, IICAX returned 11.69%/yr vs 15.36%/yr for BRGNX. Their correlation of 0.92 suggests significant overlap in exposure. IICAX charges 1.71%/yr vs 0.12%/yr for BRGNX.
Performance
IICAX vs. BRGNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IICAX achieves a 7.72% return, which is significantly lower than BRGNX's 9.51% return. Over the past 10 years, IICAX has underperformed BRGNX with an annualized return of 11.69%, while BRGNX has yielded a comparatively higher 15.36% annualized return.
IICAX
- 1D
- 0.00%
- 1M
- 0.41%
- YTD
- 7.72%
- 6M
- 6.83%
- 1Y
- 21.21%
- 3Y*
- 16.88%
- 5Y*
- 12.43%
- 10Y*
- 11.69%
BRGNX
- 1D
- -0.38%
- 1M
- 0.26%
- YTD
- 9.51%
- 6M
- 8.45%
- 1Y
- 24.67%
- 3Y*
- 21.07%
- 5Y*
- 12.66%
- 10Y*
- 15.36%
IICAX vs. BRGNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IICAX Asset Management Fund Large Cap Equity Fund | 7.72% | 12.59% | 18.66% | 21.70% | -12.87% | 33.00% | 11.90% | 26.48% | -6.25% | -0.30% |
BRGNX iShares Russell 1000 Large-Cap Index Fund | 9.51% | 17.22% | 24.36% | 26.43% | -19.15% | 26.14% | 20.79% | 31.30% | -4.89% | 21.47% |
Correlation
The correlation between IICAX and BRGNX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2011 | 0.92 |
The correlation between IICAX and BRGNX has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IICAX vs. BRGNX — Risk / Return Rank
IICAX
BRGNX
IICAX vs. BRGNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Asset Management Fund Large Cap Equity Fund (IICAX) and iShares Russell 1000 Large-Cap Index Fund (BRGNX). 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.
| IICAX | BRGNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.93 | +0.10 |
| Martin ratioReturn relative to average drawdown | 13.04 | 13.12 | -0.08 |
Loading charts...
Drawdowns
IICAX vs. BRGNX - Drawdown Comparison
The maximum IICAX drawdown since its inception was -96.26%, which is greater than BRGNX's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for IICAX and BRGNX.
Loading charts...
Drawdown Indicators
| IICAX | BRGNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.26% | -34.59% | -61.67% |
Max Drawdown (1Y)Largest decline over 1 year | -7.25% | -8.86% | +1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -17.69% | -19.15% | +1.46% |
Max Drawdown (5Y)Largest decline over 5 years | -22.79% | -25.14% | +2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -39.01% | -34.59% | -4.42% |
Current DrawdownCurrent decline from peak | -67.77% | -1.66% | -66.11% |
Average DrawdownAverage peak-to-trough decline | -68.17% | -4.00% | -64.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.97% | -0.29% |
Volatility
IICAX vs. BRGNX - Volatility Comparison
The current volatility for Asset Management Fund Large Cap Equity Fund (IICAX) is 3.40%, while iShares Russell 1000 Large-Cap Index Fund (BRGNX) has a volatility of 4.67%. This indicates that IICAX experiences smaller price fluctuations and is considered to be less risky than BRGNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IICAX | BRGNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 4.67% | -1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 9.88% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 12.60% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.96% | 17.27% | -1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.93% | 18.26% | +3.67% |
IICAX vs. BRGNX - Expense Ratio Comparison
IICAX has a 1.71% expense ratio, which is higher than BRGNX's 0.12% expense ratio.
Dividends
IICAX vs. BRGNX - Dividend Comparison
IICAX's dividend yield for the trailing twelve months is around 10.44%, more than BRGNX's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRGNX iShares Russell 1000 Large-Cap Index Fund | 2.49% | 2.71% | 1.32% | 1.44% | 1.77% | 1.83% | 1.46% | 2.76% | 2.40% | 2.59% | 3.92% | 5.41% |
IICAX Asset Management Fund Large Cap Equity Fund | 10.44% | 11.22% | 6.32% | 9.33% | 9.58% | 5.38% | 3.83% | 5.15% | 13.41% | 0.85% | 30.91% | 8.23% |
Frequently Asked Questions
IICAX and BRGNX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRGNX has higher volatility (4.67%) compared to IICAX (3.40%). In terms of maximum drawdown, IICAX dropped -96.26% vs BRGNX's -34.59%.
BRGNX currently has the higher Sharpe Ratio (2.06 vs 2.05), 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.
Find the right allocation for IICAX and BRGNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer