PBAIX vs. GPIFX
PBAIX (BlackRock Tactical Opportunities Fund Institutional Class) and GPIFX (GuidePath Flexible Income Allocation Fund) are both Tactical Allocation funds. Over the past 10 years, PBAIX returned 6.18%/yr vs 2.77%/yr for GPIFX. At a correlation of -0.04, they often move in opposite directions. PBAIX charges 0.77%/yr vs 0.50%/yr for GPIFX.
Performance
PBAIX vs. GPIFX - Performance Comparison
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Returns By Period
In the year-to-date period, PBAIX achieves a 9.74% return, which is significantly higher than GPIFX's 2.20% return. Over the past 10 years, PBAIX has outperformed GPIFX with an annualized return of 6.18%, while GPIFX has yielded a comparatively lower 2.77% annualized return.
PBAIX
- 1D
- 0.23%
- 1M
- 0.17%
- YTD
- 9.74%
- 6M
- 9.19%
- 1Y
- 14.07%
- 3Y*
- 9.55%
- 5Y*
- 7.49%
- 10Y*
- 6.18%
GPIFX
- 1D
- 0.11%
- 1M
- 0.57%
- YTD
- 2.20%
- 6M
- 2.28%
- 1Y
- 6.26%
- 3Y*
- 4.73%
- 5Y*
- 0.36%
- 10Y*
- 2.77%
PBAIX vs. GPIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBAIX BlackRock Tactical Opportunities Fund Institutional Class | 9.74% | 6.46% | 12.08% | 2.64% | 6.14% | 0.50% | 6.91% | 1.65% | 4.68% | 8.05% |
GPIFX GuidePath Flexible Income Allocation Fund | 2.20% | 3.69% | 4.22% | 7.13% | -14.14% | 1.17% | 15.17% | 6.64% | -2.48% | 6.83% |
Correlation
The correlation between PBAIX and GPIFX is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | -0.04 |
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Return for Risk
PBAIX vs. GPIFX — Risk / Return Rank
PBAIX
GPIFX
PBAIX vs. GPIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) and GuidePath Flexible Income Allocation Fund (GPIFX). 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.
| PBAIX | GPIFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.57 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.41 | 3.79 | +0.62 |
| Martin ratioReturn relative to average drawdown | 10.84 | 17.02 | -6.19 |
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Drawdowns
PBAIX vs. GPIFX - Drawdown Comparison
The maximum PBAIX drawdown since its inception was -39.26%, which is greater than GPIFX's maximum drawdown of -16.72%. Use the drawdown chart below to compare losses from any high point for PBAIX and GPIFX.
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Drawdown Indicators
| PBAIX | GPIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.26% | -16.72% | -22.54% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -1.69% | -1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -6.79% | -4.14% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -6.79% | -16.72% | +9.93% |
Max Drawdown (10Y)Largest decline over 10 years | -8.94% | -16.72% | +7.78% |
Current DrawdownCurrent decline from peak | -0.52% | -0.20% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -4.02% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 0.38% | +0.83% |
Volatility
PBAIX vs. GPIFX - Volatility Comparison
BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) has a higher volatility of 1.27% compared to GuidePath Flexible Income Allocation Fund (GPIFX) at 0.91%. This indicates that PBAIX's price experiences larger fluctuations and is considered to be riskier than GPIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBAIX | GPIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 0.91% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 4.65% | 2.09% | +2.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 2.50% | +3.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.43% | 4.80% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.13% | 5.32% | +0.81% |
PBAIX vs. GPIFX - Expense Ratio Comparison
PBAIX has a 0.77% expense ratio, which is higher than GPIFX's 0.50% expense ratio.
Dividends
PBAIX vs. GPIFX - Dividend Comparison
PBAIX has not paid dividends to shareholders, while GPIFX's dividend yield for the trailing twelve months is around 4.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPIFX GuidePath Flexible Income Allocation Fund | 4.56% | 5.15% | 5.18% | 4.86% | 1.96% | 3.10% | 2.62% | 3.73% | 3.46% | 3.90% | 1.97% | 1.24% |
PBAIX BlackRock Tactical Opportunities Fund Institutional Class | 0.00% | 0.00% | 0.00% | 11.84% | 3.52% | 0.00% | 2.71% | 3.39% | 10.17% | 0.86% | 1.74% | 5.15% |
Frequently Asked Questions
PBAIX and GPIFX have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PBAIX has higher volatility (1.27%) compared to GPIFX (0.91%). In terms of maximum drawdown, PBAIX dropped -39.26% vs GPIFX's -16.72%.
GPIFX currently has the higher Sharpe Ratio (2.57 vs 2.30), 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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