LIKKX vs. BDJ
LIKKX (BlackRock LifePath Index 2040 Fund Class K) and BDJ (BlackRock Enhanced Equity Dividend Trust) are both mutual funds - LIKKX is a Target Retirement Date fund tracking the BlackRock LifePath Index 2040 Custom Benchmark, while BDJ is a Derivative Income fund actively managed by BlackRock. LIKKX is passively managed, while BDJ is actively managed. Over the past 10 years, LIKKX returned 9.64%/yr vs 10.64%/yr for BDJ. Their 0.72 correlation means they have sometimes moved together and sometimes differently. LIKKX charges 0.09%/yr vs 0.89%/yr for BDJ.
Performance
LIKKX vs. BDJ - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with LIKKX having a 8.27% return and BDJ slightly lower at 8.08%. Over the past 10 years, LIKKX has underperformed BDJ with an annualized return of 9.64%, while BDJ has yielded a comparatively higher 10.64% annualized return.
LIKKX
- 1D
- 1.49%
- 1M
- -0.57%
- 6M
- 5.77%
- YTD
- 8.27%
- 1Y
- 17.56%
- 3Y*
- 13.15%
- 5Y*
- 7.20%
- 10Y*
- 9.64%
- ALL TIME*
- 8.66%
BDJ
- 1D
- 0.93%
- 1M
- 2.00%
- 6M
- 5.93%
- YTD
- 8.08%
- 1Y
- 23.35%
- 3Y*
- 15.58%
- 5Y*
- 8.67%
- 10Y*
- 10.64%
- ALL TIME*
- 6.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.00M | $4.36M | $4.87M | |
| $0.00 | $0.00 | $0.00 |
LIKKX vs. BDJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIKKX BlackRock LifePath Index 2040 Fund Class K | 8.27% | 17.65% | 9.85% | 18.59% | -17.66% | 15.98% | 13.37% | 25.02% | -7.07% | 19.95% |
BDJ BlackRock Enhanced Equity Dividend Trust | 8.08% | 26.12% | 16.87% | -6.67% | 0.83% | 26.56% | -7.58% | 37.43% | -10.42% | 20.78% |
Correlation
The correlation between LIKKX and BDJ is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since May 31, 2011 | 0.72 |
The correlation between LIKKX and BDJ has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.
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Return for Risk
LIKKX vs. BDJ — Risk / Return Rank
LIKKX
BDJ
LIKKX vs. BDJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2040 Fund Class K (LIKKX) and BlackRock Enhanced Equity Dividend Trust (BDJ). 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.
| LIKKX | BDJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 1.76 | +0.47 |
| Martin ratioReturn relative to average drawdown | 9.34 | 6.46 | +2.88 |
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Drawdowns
LIKKX vs. BDJ - Drawdown Comparison
The maximum LIKKX drawdown since its inception was -31.13%, smaller than the maximum BDJ drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for LIKKX and BDJ.
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Drawdown Indicators
| LIKKX | BDJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.13% | -59.46% | +28.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -12.28% | +4.91% |
Max Drawdown (3Y)Largest decline over 3 years | -14.29% | -14.37% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -25.02% | -21.39% | -3.63% |
Max Drawdown (10Y)Largest decline over 10 years | -31.13% | -48.14% | +17.01% |
Current DrawdownCurrent decline from peak | -1.35% | 0.00% | -1.35% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -8.90% | +4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 3.35% | -1.59% |
Volatility
LIKKX vs. BDJ - Volatility Comparison
BlackRock LifePath Index 2040 Fund Class K (LIKKX) and BlackRock Enhanced Equity Dividend Trust (BDJ) have volatilities of 3.01% and 3.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIKKX | BDJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.01% | 3.15% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 9.49% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.44% | 12.25% | -1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.19% | 16.02% | -2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.32% | 18.40% | -4.08% |
LIKKX vs. BDJ - Expense Ratio Comparison
LIKKX has a 0.09% expense ratio, which is lower than BDJ's 0.89% expense ratio.
Dividends
LIKKX vs. BDJ - Dividend Comparison
LIKKX's dividend yield for the trailing twelve months is around 3.06%, less than BDJ's 8.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDJ BlackRock Enhanced Equity Dividend Trust | 8.75% | 9.03% | 8.21% | 9.49% | 12.18% | 5.95% | 7.08% | 6.66% | 7.21% | 6.07% | 6.88% | 7.36% |
LIKKX BlackRock LifePath Index 2040 Fund Class K | 3.06% | 3.27% | 0.01% | 2.33% | 2.36% | 2.40% | 1.16% | 3.40% | 2.45% | 2.33% | 1.70% | 3.30% |
Frequently Asked Questions
LIKKX and BDJ have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDJ has higher volatility (3.15%) compared to LIKKX (3.01%). In terms of maximum drawdown, LIKKX dropped -31.13% vs BDJ's -59.46%.
BDJ currently has the higher Sharpe Ratio (1.77 vs 1.57), 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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