MYN vs. BSIIX
MYN (BlackRock MuniYield New York Quality Fund) and BSIIX (BlackRock Strategic Income Opportunities Fund Class I) are both mutual funds - MYN is a Municipal Bonds fund actively managed by BlackRock, while BSIIX is a Total Bond Market fund managed by BlackRock. Over the past 10 years, MYN returned 0.89%/yr vs 3.60%/yr for BSIIX. Their 0.22 correlation means their historical movements had little consistent relationship. MYN charges 2.24%/yr vs 0.69%/yr for BSIIX.
Performance
MYN vs. BSIIX - Performance Comparison
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Returns By Period
In the year-to-date period, MYN achieves a 1.45% return, which is significantly higher than BSIIX's 1.03% return. Over the past 10 years, MYN has underperformed BSIIX with an annualized return of 0.89%, while BSIIX has yielded a comparatively higher 3.60% annualized return.
MYN
- 1D
- -0.51%
- 1M
- -4.33%
- 6M
- -0.96%
- YTD
- 1.45%
- 1Y
- 11.07%
- 3Y*
- 4.46%
- 5Y*
- -2.92%
- 10Y*
- 0.89%
- ALL TIME*
- 2.98%
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 | |
| $2.04M | $1.54M | $1.33M |
MYN vs. BSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MYN BlackRock MuniYield New York Quality Fund | 1.45% | 4.67% | 2.87% | 9.80% | -27.05% | 10.83% | 6.00% | 18.31% | -7.05% | 6.96% |
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 MYN and BSIIX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2008 | 0.22 |
Over the past year, MYN and BSIIX have become more correlated (0.47) than their long-term average of 0.22, meaning their price movements have been converging.
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Return for Risk
MYN vs. BSIIX — Risk / Return Rank
MYN
BSIIX
MYN vs. BSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock MuniYield New York Quality Fund (MYN) 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.
| MYN | BSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.33 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.76 | +0.15 |
| Martin ratioReturn relative to average drawdown | 7.23 | 6.43 | +0.79 |
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Drawdowns
MYN vs. BSIIX - Drawdown Comparison
The maximum MYN drawdown since its inception was -42.89%, which is greater than BSIIX's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for MYN and BSIIX.
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Drawdown Indicators
| MYN | BSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.89% | -18.76% | -24.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.40% | -2.84% | -3.56% |
Max Drawdown (3Y)Largest decline over 3 years | -13.29% | -2.84% | -10.45% |
Max Drawdown (5Y)Largest decline over 5 years | -35.89% | -9.13% | -26.76% |
Max Drawdown (10Y)Largest decline over 10 years | -35.99% | -9.91% | -26.08% |
Current DrawdownCurrent decline from peak | -14.13% | -1.25% | -12.88% |
Average DrawdownAverage peak-to-trough decline | -10.50% | -1.80% | -8.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 0.78% | +0.91% |
Volatility
MYN vs. BSIIX - Volatility Comparison
BlackRock MuniYield New York Quality Fund (MYN) has a higher volatility of 2.09% compared to BlackRock Strategic Income Opportunities Fund Class I (BSIIX) at 0.69%. This indicates that MYN'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
| MYN | BSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 0.69% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 2.44% | +4.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.83% | 2.99% | +5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.13% | 3.04% | +8.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.40% | 3.15% | +8.25% |
MYN vs. BSIIX - Expense Ratio Comparison
MYN has a 2.24% expense ratio, which is higher than BSIIX's 0.69% expense ratio.
Dividends
MYN vs. BSIIX - Dividend Comparison
MYN's dividend yield for the trailing twelve months is around 6.33%, more 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% |
MYN BlackRock MuniYield New York Quality Fund | 6.33% | 6.20% | 5.47% | 3.88% | 5.37% | 4.39% | 4.16% | 3.90% | 4.32% | 4.98% | 5.44% | 5.62% |
Frequently Asked Questions
MYN and BSIIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MYN has higher volatility (2.09%) compared to BSIIX (0.69%). In terms of maximum drawdown, MYN dropped -42.89% vs BSIIX's -18.76%.
BSIIX currently has the higher Sharpe Ratio (1.67 vs 1.38), 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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