STLDX vs. BDJ

Last updated Jun 26, 2026

STLDX (BlackRock LifePath Dynamic 2030 Fund) and BDJ (BlackRock Enhanced Equity Dividend Fund) are both mutual funds - STLDX is a Target Retirement Date fund managed by BlackRock, while BDJ is a Derivative Income fund managed by BlackRock. Over the past 10 years, STLDX returned 8.12%/yr vs 10.85%/yr for BDJ. A 0.64 correlation means they provide meaningful diversification when combined. STLDX charges 0.49%/yr vs 0.86%/yr for BDJ.

Performance

STLDX vs. BDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Dynamic 2030 Fund (STLDX) and BlackRock Enhanced Equity Dividend Fund (BDJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STLDX achieves a 5.75% return, which is significantly higher than BDJ's 3.44% return. Over the past 10 years, STLDX has underperformed BDJ with an annualized return of 8.12%, while BDJ has yielded a comparatively higher 10.85% annualized return.

STLDX

• 1D: 0.06%
• 1M: -1.03%
• YTD: 5.75%
• 6M: 5.16%
• 1Y: 13.59%
• 3Y*: 10.06%
• 5Y*: 4.49%
• 10Y*: 8.12%

BDJ

• 1D: 1.07%
• 1M: 2.96%
• YTD: 3.44%
• 6M: 5.22%
• 1Y: 18.75%
• 3Y*: 14.85%
• 5Y*: 8.00%
• 10Y*: 10.85%

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

STLDX vs. BDJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STLDX BlackRock LifePath Dynamic 2030 Fund	5.75%	13.59%	3.65%	15.65%	-15.85%	11.43%	13.06%	22.09%	-5.41%	15.48%
BDJ BlackRock Enhanced Equity Dividend Fund	3.44%	26.12%	16.87%	-6.67%	0.83%	26.56%	-7.58%	37.43%	-10.42%	20.78%

Correlation

The correlation between STLDX and BDJ is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Aug 29, 2005	0.64

The correlation between STLDX and BDJ has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.

Return for Risk

STLDX vs. BDJ — Risk / Return Rank

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

STLDX

STLDX Risk / Return Rank: 50
STLDX Sharpe Ratio Rank: 44
STLDX Sortino Ratio Rank: 44
STLDX Omega Ratio Rank: 45
STLDX Calmar Ratio Rank: 53
STLDX Martin Ratio Rank: 62

BDJ

BDJ Risk / Return Rank: 33
BDJ Sharpe Ratio Rank: 40
BDJ Sortino Ratio Rank: 38
BDJ Omega Ratio Rank: 36
BDJ Calmar Ratio Rank: 24
BDJ Martin Ratio Rank: 28

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.

STLDX vs. BDJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2030 Fund (STLDX) and BlackRock Enhanced Equity Dividend Fund (BDJ). 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.

	STLDX	BDJ	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.55	+0.04
Sortino ratio: Return per unit of downside risk	2.27	2.19	+0.08
Omega ratio: Gain probability vs. loss probability	1.30	1.27	+0.03
Calmar ratio: Return relative to maximum drawdown	2.41	1.53	+0.88
Martin ratio: Return relative to average drawdown	10.13	5.58	+4.55

STLDX vs. BDJ - Sharpe Ratio Comparison

The current STLDX Sharpe Ratio is 1.59, which is comparable to the BDJ Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of STLDX and BDJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STLDX vs. BDJ - Drawdown Comparison

The maximum STLDX drawdown since its inception was -48.43%, smaller than the maximum BDJ drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for STLDX and BDJ.

Drawdown Indicators

	STLDX	BDJ	Difference
Max Drawdown Largest peak-to-trough decline	-48.43%	-59.46%	+11.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.60%	-12.28%	+6.68%
Max Drawdown (3Y) Largest decline over 3 years	-14.58%	-15.70%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-22.56%	-21.39%	-1.17%
Max Drawdown (10Y) Largest decline over 10 years	-26.95%	-48.14%	+21.19%
Current Drawdown Current decline from peak	-1.66%	-0.21%	-1.45%
Average Drawdown Average peak-to-trough decline	-8.22%	-8.94%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	3.37%	-2.04%

Volatility

STLDX vs. BDJ - Volatility Comparison

BlackRock LifePath Dynamic 2030 Fund (STLDX) and BlackRock Enhanced Equity Dividend Fund (BDJ) have volatilities of 3.56% and 3.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STLDX	BDJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	3.59%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	7.05%	9.43%	-2.38%
Volatility (1Y) Calculated over the trailing 1-year period	8.51%	12.17%	-3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.30%	16.11%	-4.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.28%	18.41%	-7.13%

STLDX vs. BDJ - Expense Ratio Comparison

STLDX has a 0.49% expense ratio, which is lower than BDJ's 0.86% expense ratio.

Dividends

STLDX vs. BDJ - Dividend Comparison

STLDX's dividend yield for the trailing twelve months is around 3.87%, less than BDJ's 9.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDJ BlackRock Enhanced Equity Dividend Fund	9.09%	9.03%	8.21%	9.49%	12.18%	5.95%	7.08%	6.66%	7.21%	6.07%	6.88%	7.36%
STLDX BlackRock LifePath Dynamic 2030 Fund	3.87%	4.09%	0.96%	3.16%	2.04%	16.80%	3.86%	6.33%	13.50%	12.92%	2.00%	9.25%

Frequently Asked Questions

Can I hold both STLDX and BDJ in my portfolio?

STLDX and BDJ have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STLDX or BDJ?

BDJ has higher volatility (3.59%) compared to STLDX (3.56%). In terms of maximum drawdown, STLDX dropped -48.43% vs BDJ's -59.46%.

Which has better risk-adjusted returns?

STLDX currently has the higher Sharpe Ratio (1.59 vs 1.55), 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.