LPJIX vs. ASFYX

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock LifePath Dynamic 2035 Fund (LPJIX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).

LPJIX is managed by BlackRock. It was launched on Jun 29, 2010. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.

Performance

LPJIX vs. ASFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Dynamic 2035 Fund (LPJIX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). The values are adjusted to include any dividend payments, if applicable.

LPJIX vs. ASFYX - 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%
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y	6.59%	-9.67%	-3.22%	-10.33%	35.67%	3.52%	13.59%	8.99%	-12.59%	6.78%

Returns By Period

In the year-to-date period, LPJIX achieves a -2.32% return, which is significantly lower than ASFYX's 6.59% return. Over the past 10 years, LPJIX has outperformed ASFYX with an annualized return of 8.05%, while ASFYX has yielded a comparatively lower 1.87% 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%

ASFYX

• 1D: 0.00%
• 1M: -1.55%
• YTD: 6.59%
• 6M: 10.95%
• 1Y: 3.41%
• 3Y*: -2.89%
• 5Y*: 2.30%
• 10Y*: 1.87%

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

LPJIX vs. ASFYX - Expense Ratio Comparison

LPJIX has a 0.48% expense ratio, which is lower than ASFYX's 1.47% expense ratio.

ASFYX

AlphaSimplex Managed Futures Strategy Fund Class Y

LPJIX

BlackRock LifePath Dynamic 2035 Fund

Return for Risk

LPJIX vs. ASFYX — 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

ASFYX

ASFYX Risk / Return Rank: 8
ASFYX Sharpe Ratio Rank: 9
ASFYX Sortino Ratio Rank: 8
ASFYX Omega Ratio Rank: 8
ASFYX Calmar Ratio Rank: 8
ASFYX Martin Ratio Rank: 7

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. ASFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2035 Fund (LPJIX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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	ASFYX	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.18	+0.88
Sortino ratio Return per unit of downside risk	1.54	0.30	+1.24
Omega ratio Gain probability vs. loss probability	1.23	1.04	+0.18
Calmar ratio Return relative to maximum drawdown	1.37	0.10	+1.27
Martin ratio Return relative to average drawdown	6.49	0.16	+6.33
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. ASFYX - Sharpe Ratio Comparison

The current LPJIX Sharpe Ratio is 1.06, which is higher than the ASFYX Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of LPJIX and ASFYX, 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	ASFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.18	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.17	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.15	+0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.31	+0.32

Correlation

The correlation between LPJIX and ASFYX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LPJIX vs. ASFYX - Dividend Comparison

LPJIX's dividend yield for the trailing twelve months is around 4.07%, more than ASFYX's 1.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LPJIX BlackRock LifePath Dynamic 2035 Fund	4.07%	3.98%	0.77%	3.17%	2.12%	11.29%	1.89%	5.20%	11.21%	8.99%	1.89%	4.52%
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y	1.43%	1.52%	1.46%	0.99%	32.48%	6.07%	3.40%	5.51%	1.30%	0.07%	0.01%	5.06%

Drawdowns

LPJIX vs. ASFYX - Drawdown Comparison

The maximum LPJIX drawdown since its inception was -29.86%, smaller than the maximum ASFYX drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for LPJIX and ASFYX.

Drawdown Indicators

	LPJIX	ASFYX	Difference
Max Drawdown Largest peak-to-trough decline	-29.86%	-36.43%	+6.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.49%	-13.51%	+5.02%
Max Drawdown (5Y) Largest decline over 5 years	-23.71%	-36.43%	+12.72%
Max Drawdown (10Y) Largest decline over 10 years	-29.86%	-36.43%	+6.57%
Current Drawdown Current decline from peak	-6.64%	-24.37%	+17.73%
Average Drawdown Average peak-to-trough decline	-3.96%	-13.09%	+9.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	8.72%	-6.93%

Volatility

LPJIX vs. ASFYX - Volatility Comparison

BlackRock LifePath Dynamic 2035 Fund (LPJIX) has a higher volatility of 4.14% compared to AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) at 3.86%. This indicates that LPJIX's price experiences larger fluctuations and is considered to be riskier than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPJIX	ASFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	3.86%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	7.04%	10.01%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	12.22%	13.02%	-0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.69%	13.68%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.89%	12.68%	+0.21%