LPJIX vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock LifePath Dynamic 2035 Fund (LPJIX) and S&P 500 Index (^GSPC).

LPJIX is managed by BlackRock. It was launched on Jun 29, 2010.

Performance

LPJIX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Dynamic 2035 Fund (LPJIX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

LPJIX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LPJIX BlackRock LifePath Dynamic 2035 Fund	-2.32%	15.27%	4.57%	17.50%	-16.57%	12.73%	13.52%	23.67%	-6.36%	18.98%
^GSPC S&P 500 Index	-4.63%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, LPJIX achieves a -2.32% return, which is significantly higher than ^GSPC's -4.63% return. Over the past 10 years, LPJIX has underperformed ^GSPC with an annualized return of 8.05%, while ^GSPC has yielded a comparatively higher 12.16% annualized return.

LPJIX

• 1D: 0.00%
• 1M: -6.39%
• YTD: -2.32%
• 6M: -0.58%
• 1Y: 12.67%
• 3Y*: 9.15%
• 5Y*: 4.67%
• 10Y*: 8.05%

^GSPC

• 1D: 2.91%
• 1M: -5.09%
• YTD: -4.63%
• 6M: -2.39%
• 1Y: 16.33%
• 3Y*: 16.69%
• 5Y*: 10.18%
• 10Y*: 12.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LPJIX vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LPJIX

LPJIX Risk / Return Rank: 60
LPJIX Sharpe Ratio Rank: 57
LPJIX Sortino Ratio Rank: 58
LPJIX Omega Ratio Rank: 58
LPJIX Calmar Ratio Rank: 58
LPJIX Martin Ratio Rank: 69

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LPJIX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2035 Fund (LPJIX) and S&P 500 Index (^GSPC). 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.

	LPJIX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.90	+0.16
Sortino ratio Return per unit of downside risk	1.54	1.39	+0.15
Omega ratio Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio Return relative to maximum drawdown	1.37	1.40	-0.03
Martin ratio Return relative to average drawdown	6.49	6.61	-0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LPJIX vs. ^GSPC - Sharpe Ratio Comparison

The current LPJIX Sharpe Ratio is 1.06, which is comparable to the ^GSPC Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of LPJIX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LPJIX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.90	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.61	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.68	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.46	+0.17

Correlation

The correlation between LPJIX and ^GSPC is 0.92, 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.

Drawdowns

LPJIX vs. ^GSPC - Drawdown Comparison

The maximum LPJIX drawdown since its inception was -29.86%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LPJIX and ^GSPC.

Drawdown Indicators

	LPJIX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-29.86%	-56.78%	+26.92%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-12.14%	+3.65%
Max Drawdown (5Y) Largest decline over 5 years	-23.71%	-25.43%	+1.72%
Max Drawdown (10Y) Largest decline over 10 years	-29.86%	-33.92%	+4.06%
Current Drawdown Current decline from peak	-6.64%	-6.45%	-0.19%
Average Drawdown Average peak-to-trough decline	-3.96%	-10.75%	+6.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.57%	-0.78%

Volatility

LPJIX vs. ^GSPC - Volatility Comparison

The current volatility for BlackRock LifePath Dynamic 2035 Fund (LPJIX) is 4.14%, while S&P 500 Index (^GSPC) has a volatility of 5.34%. This indicates that LPJIX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPJIX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	5.34%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	7.04%	9.54%	-2.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.22%	18.33%	-6.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.69%	16.91%	-4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.89%	18.05%	-5.16%