LPDIX vs. BSIIX
LPDIX (BlackRock LifePath Dynamic 2060 Fund) and BSIIX (BlackRock Strategic Income Opportunities Fund Class I) are both mutual funds - LPDIX is a Target Retirement Date fund managed by BlackRock, while BSIIX is a Total Bond Market fund managed by BlackRock. Over the past 5 years, LPDIX returned 9.12%/yr vs 2.75%/yr for BSIIX. Their 0.37 correlation means their historical movements had little consistent relationship. LPDIX charges 0.49%/yr vs 0.69%/yr for BSIIX.
Performance
LPDIX vs. BSIIX - Performance Comparison
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Returns By Period
In the year-to-date period, LPDIX achieves a 11.97% return, which is significantly higher than BSIIX's 1.03% return.
LPDIX
- 1D
- 2.66%
- 1M
- 0.21%
- 6M
- 8.26%
- YTD
- 11.97%
- 1Y
- 24.33%
- 3Y*
- 15.76%
- 5Y*
- 9.12%
- 10Y*
- —
- ALL TIME*
- 10.82%
BSIIX
- 1D
- 0.10%
- 1M
- -1.13%
- 6M
- 0.11%
- YTD
- 1.03%
- 1Y
- 4.24%
- 3Y*
- 6.24%
- 5Y*
- 2.75%
- 10Y*
- 3.60%
- ALL TIME*
- 3.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LPDIX vs. BSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPDIX BlackRock LifePath Dynamic 2060 Fund | 11.97% | 21.07% | 10.18% | 22.50% | -18.65% | 18.13% | 13.93% | 26.48% | -8.60% | 10.60% |
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 1.03% | 8.59% | 5.22% | 6.18% | -6.14% | 0.80% | 7.22% | 7.65% | -0.42% | 2.38% |
Correlation
The correlation between LPDIX and BSIIX is 0.54, 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. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2017 | 0.37 |
The correlation between LPDIX and BSIIX shifts across timeframes, from 0.37 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LPDIX vs. BSIIX — Risk / Return Rank
LPDIX
BSIIX
LPDIX vs. BSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2060 Fund (LPDIX) and BlackRock Strategic Income Opportunities Fund Class I (BSIIX). 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.
| LPDIX | BSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.33 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 1.76 | +0.49 |
| Martin ratioReturn relative to average drawdown | 9.24 | 6.43 | +2.81 |
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Drawdowns
LPDIX vs. BSIIX - Drawdown Comparison
The maximum LPDIX drawdown since its inception was -32.91%, which is greater than BSIIX's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for LPDIX and BSIIX.
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Drawdown Indicators
| LPDIX | BSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.91% | -18.76% | -14.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -2.84% | -7.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.10% | -2.84% | -18.26% |
Max Drawdown (5Y)Largest decline over 5 years | -27.01% | -9.13% | -17.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.91% | — |
Current DrawdownCurrent decline from peak | -1.70% | -1.25% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -1.80% | -3.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 0.78% | +1.65% |
Volatility
LPDIX vs. BSIIX - Volatility Comparison
BlackRock LifePath Dynamic 2060 Fund (LPDIX) has a higher volatility of 4.61% compared to BlackRock Strategic Income Opportunities Fund Class I (BSIIX) at 0.69%. This indicates that LPDIX's price experiences larger fluctuations and is considered to be riskier than BSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPDIX | BSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 0.69% | +3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 2.44% | +10.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.62% | 2.99% | +12.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.18% | 3.04% | +14.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.88% | 3.15% | +13.73% |
LPDIX vs. BSIIX - Expense Ratio Comparison
LPDIX has a 0.49% expense ratio, which is lower than BSIIX's 0.69% expense ratio.
Dividends
LPDIX vs. BSIIX - Dividend Comparison
LPDIX's dividend yield for the trailing twelve months is around 3.37%, less than BSIIX's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 4.83% | 5.07% | 4.75% | 3.33% | 3.58% | 2.98% | 2.92% | 3.54% | 3.32% | 3.45% | 2.91% | 3.19% |
LPDIX BlackRock LifePath Dynamic 2060 Fund | 3.37% | 3.46% | 0.46% | 2.80% | 2.10% | 8.92% | 1.42% | 2.90% | 8.01% | 1.33% | 0.00% | 0.00% |
Frequently Asked Questions
LPDIX and BSIIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPDIX has higher volatility (4.61%) compared to BSIIX (0.69%). In terms of maximum drawdown, LPDIX dropped -32.91% vs BSIIX's -18.76%.
BSIIX currently has the higher Sharpe Ratio (1.67 vs 1.44), 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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