JNJ vs. BDMIX
JNJ (Johnson & Johnson) 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, JNJ returned 10.46%/yr vs 8.42%/yr for BDMIX. At a 0.05 correlation, their price movements are largely independent.
Performance
JNJ vs. BDMIX - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.68% return, which is significantly higher than BDMIX's 11.73% return. Over the past 10 years, JNJ has outperformed BDMIX with an annualized return of 10.46%, while BDMIX has yielded a comparatively lower 8.42% annualized return.
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
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%
JNJ vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
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 JNJ and BDMIX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.05 |
The correlation between JNJ and BDMIX shifts across timeframes, from -0.06 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JNJ vs. BDMIX — Risk / Return Rank
JNJ
BDMIX
JNJ vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
| JNJ | BDMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.58 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 6.70 | -1.42 |
| Martin ratioReturn relative to average drawdown | 15.52 | 18.34 | -2.82 |
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Drawdowns
JNJ vs. BDMIX - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for JNJ and BDMIX.
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Drawdown Indicators
| JNJ | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -11.89% | -38.78% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -3.24% | -7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -4.07% | -11.88% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -5.99% | -12.42% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -9.44% | -17.93% |
Current DrawdownCurrent decline from peak | -2.54% | -1.33% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -2.68% | -9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 1.18% | +2.54% |
Volatility
JNJ vs. BDMIX - Volatility Comparison
Johnson & Johnson (JNJ) has a higher volatility of 5.47% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 2.69%. This indicates that JNJ'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
| JNJ | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 2.69% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 4.75% | +7.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 7.07% | +9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 6.58% | +10.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 5.84% | +12.64% |
Dividends
JNJ vs. BDMIX - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, 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% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Frequently Asked Questions
JNJ and BDMIX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (5.47%) compared to BDMIX (2.69%). In terms of maximum drawdown, JNJ dropped -50.67% vs BDMIX's -11.89%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 3.07), 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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