LIZIX vs. WFSPX
Compare and contrast key facts about BlackRock LifePath Index 2060 Fund (LIZIX) and iShares S&P 500 Index Fund (WFSPX).
LIZIX is managed by Blackrock. It was launched on Feb 28, 2016. WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIZIX or WFSPX.
Key characteristics
| LIZIX | WFSPX | |
|---|---|---|
| YTD Return | 19.30% | 27.15% |
| 1Y Return | 31.02% | 37.62% |
| 3Y Return (Ann) | 5.69% | 9.95% |
| 5Y Return (Ann) | 11.09% | 15.75% |
| Sharpe Ratio | 2.78 | 3.22 |
| Sortino Ratio | 3.79 | 4.27 |
| Omega Ratio | 1.51 | 1.61 |
| Calmar Ratio | 3.17 | 4.71 |
| Martin Ratio | 18.37 | 21.31 |
| Ulcer Index | 1.77% | 1.87% |
| Daily Std Dev | 11.70% | 12.29% |
| Max Drawdown | -34.39% | -89.72% |
| Current Drawdown | -0.22% | 0.00% |
Correlation
The correlation between LIZIX and WFSPX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LIZIX vs. WFSPX - Performance Comparison
In the year-to-date period, LIZIX achieves a 19.30% return, which is significantly lower than WFSPX's 27.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LIZIX vs. WFSPX - Expense Ratio Comparison
LIZIX has a 0.10% expense ratio, which is higher than WFSPX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
LIZIX vs. WFSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2060 Fund (LIZIX) and iShares S&P 500 Index Fund (WFSPX). 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
LIZIX vs. WFSPX - Dividend Comparison
LIZIX's dividend yield for the trailing twelve months is around 0.73%, less than WFSPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIZIX BlackRock LifePath Index 2060 Fund | 0.73% | 2.02% | 1.82% | 1.96% | 1.53% | 2.49% | 2.22% | 2.05% | 1.58% | 0.00% | 0.00% | 0.00% |
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
Drawdowns
LIZIX vs. WFSPX - Drawdown Comparison
The maximum LIZIX drawdown since its inception was -34.39%, smaller than the maximum WFSPX drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for LIZIX and WFSPX. For additional features, visit the drawdowns tool.
Volatility
LIZIX vs. WFSPX - Volatility Comparison
The current volatility for BlackRock LifePath Index 2060 Fund (LIZIX) is 3.11%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 3.88%. This indicates that LIZIX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.