MAIPX vs. BSIIX
MAIPX (MAI Managed Volatility Fund) and BSIIX (BlackRock Strategic Income Opportunities Fund Class I) are both mutual funds - MAIPX is a Options Trading fund managed by BlackRock, while BSIIX is a Total Bond Market fund managed by BlackRock. Over the past 10 years, MAIPX returned 7.23%/yr vs 3.60%/yr for BSIIX. Their 0.25 correlation means their historical movements had little consistent relationship. MAIPX charges 0.99%/yr vs 0.69%/yr for BSIIX.
Performance
MAIPX vs. BSIIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAIPX achieves a 7.11% return, which is significantly higher than BSIIX's 1.03% return. Over the past 10 years, MAIPX has outperformed BSIIX with an annualized return of 7.23%, while BSIIX has yielded a comparatively lower 3.60% annualized return.
MAIPX
- 1D
- 0.51%
- 1M
- 1.09%
- 6M
- 7.38%
- YTD
- 7.11%
- 1Y
- 12.04%
- 3Y*
- 10.10%
- 5Y*
- 7.46%
- 10Y*
- 7.23%
- ALL TIME*
- 6.65%
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 |
MAIPX vs. BSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAIPX MAI Managed Volatility Fund | 7.11% | 10.28% | 8.64% | 10.58% | -3.59% | 12.81% | 4.39% | 16.13% | -2.76% | 8.66% |
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% | 4.89% |
Correlation
The correlation between MAIPX and BSIIX is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.31 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2010 | 0.25 |
The correlation between MAIPX and BSIIX shifts across timeframes, from 0.25 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAIPX vs. BSIIX — Risk / Return Rank
MAIPX
BSIIX
MAIPX vs. BSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MAI Managed Volatility Fund (MAIPX) 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.
| MAIPX | BSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.33 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 1.76 | +2.05 |
| Martin ratioReturn relative to average drawdown | 19.51 | 6.43 | +13.08 |
Loading charts...
Drawdowns
MAIPX vs. BSIIX - Drawdown Comparison
The maximum MAIPX drawdown since its inception was -25.69%, which is greater than BSIIX's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for MAIPX and BSIIX.
Loading charts...
Drawdown Indicators
| MAIPX | BSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.69% | -18.76% | -6.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -2.84% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -11.77% | -2.84% | -8.93% |
Max Drawdown (5Y)Largest decline over 5 years | -11.77% | -9.13% | -2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -25.69% | -9.91% | -15.78% |
Current DrawdownCurrent decline from peak | 0.00% | -1.25% | +1.25% |
Average DrawdownAverage peak-to-trough decline | -1.42% | -1.80% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 0.78% | -0.18% |
Volatility
MAIPX vs. BSIIX - Volatility Comparison
MAI Managed Volatility Fund (MAIPX) has a higher volatility of 1.33% compared to BlackRock Strategic Income Opportunities Fund Class I (BSIIX) at 0.69%. This indicates that MAIPX'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.
Loading charts...
Volatility by Period
| MAIPX | BSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 0.69% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 2.44% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.97% | 2.99% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.87% | 3.04% | +5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.95% | 3.15% | +7.80% |
MAIPX vs. BSIIX - Expense Ratio Comparison
MAIPX has a 0.99% expense ratio, which is higher than BSIIX's 0.69% expense ratio.
Dividends
MAIPX vs. BSIIX - Dividend Comparison
MAIPX's dividend yield for the trailing twelve months is around 1.07%, 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% |
MAIPX MAI Managed Volatility Fund | 1.07% | 1.33% | 2.20% | 4.59% | 2.26% | 0.00% | 0.32% | 1.74% | 2.89% | 2.12% | 0.80% | 4.17% |
Frequently Asked Questions
MAIPX and BSIIX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAIPX has higher volatility (1.33%) compared to BSIIX (0.69%). In terms of maximum drawdown, MAIPX dropped -25.69% vs BSIIX's -18.76%.
MAIPX currently has the higher Sharpe Ratio (2.38 vs 1.67), 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.
Find the right allocation for MAIPX and BSIIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer