Equity

BADEX

BlackRock Defensive Advantage Emerging Markets Fund

Overview

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Performance

Performance

  1y 3y 5y 10y Incept.
9.50 4.36 - - 4.36
3.75 2.50 - - 3.05
Benchmark (%) 6.48 1.30 - - 2.24
Morningstar Category Avg. (%) 4.96 1.72 - - -
Morningstar Ranking 127/777 90/714 - - -
Morningstar Quartile 1 1 - - -
Lipper Ranking 134/756 82/698 - - -
Lipper Quartile 1 1 - - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
2.55 2.45 2.55 9.50 13.67 - - 20.02
-2.83 -2.93 -2.83 3.75 7.70 - - 13.72
Benchmark (%) -0.60 1.25 -0.60 6.48 3.95 - - 9.95
Morningstar Category Avg. (%) 1.77 0.73 1.77 4.96 5.26 - - -
  2020 2021 2022 2023 2024
Total Return (%) - 4.45 -11.34 11.67 10.16
Annual w/ Sales Charge (%) - -1.03 -15.99 5.80 4.38
Benchmark (%) - - - 8.91 9.03
Morningstar Category Avg. (%) - 0.38 -20.86 12.32 6.04

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Apr 25, 2025
$11.1 M
Share Class launch date
Dec 21, 2020
Benchmark Index
MSCI EM Minimum Volatility (USD Optimized) Index - USD Net (USD)
Morningstar Category
Diversified Emerging Mkts
CUSIP
09260J732
Open to New Investors
Yes
Size of Class (Millions)
as of Apr 25, 2025
$0.3 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
Emerging Markets Funds
Max Offer Price
as of Apr 25, 2025
$10.50
Turnover Percent in the Annual Report
as of Apr 30, 2024
191.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of -
-
P/E Ratio - Forward
as of -
-
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Mar 31, 2025
12.28
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2023
12.56%
Active Share
as of -
-
P/B Ratio
as of -
-
Alpha (3y)
as of Mar 31, 2025
0.25
R-Squared (3y)
as of Mar 31, 2025
94.03
Beta (3y)
as of Mar 31, 2025
1.01
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-10.18%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 3.86%
Net Expense Ratio 1.12%

Net Expense Ratio excluding Investment Related Expenses is 1.11%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.01%

Ratings

Ratings

Morningstar Rating

5 stars
Overall Morningstar Rating for BlackRock Defensive Advantage Emerging Markets Fund, as of Mar 31, 2025 rated against 714 Diversified Emerging Mkts Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective Feb 28, 2025)
Analyst-Driven % as of Feb 28, 2025
55.00
Data Coverage % as of Feb 28, 2025
88.00

Lipper Leader

 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Mar 31, 2025 out of 697, 12,247, 698, 226 and 698 Funds, respectively in Lipper's Emerging Markets Funds classification.

Holdings

Holdings

as of Dec 31, 2024
Name Weight (%)
INDUSTRIAL AND COMMERCIAL BANK OF 1.70
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD 1.65
MEDIATEK INC 1.61
LUPIN LTD 1.60
ABU DHABI COMMERCIAL BANK 1.60
Name Weight (%)
ABU DHABI ISLAMIC BANK 1.57
TAIWAN SEMICONDUCTOR MANUFACTURING 1.57
ABU DHABI COMMERCIAL BANK PJSC 1.56
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 1.52
AL RAJHI BANK 1.52
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Jul 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2023

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2023

% of Market Value

Type Fund Benchmark Net
Sorry, market cap data is not available at this time.
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Jeff Shen, PhD
Co-Chief Investment Officer and Co-Head of BlackRock’s Systematic Equities

   

Robert Fisher, CFA
BlackRock Systematic Active Equity Investment Team

    

Richard Mathieson
Managing Director, Systematic Equities
David Piazza
BlackRock Systematic Active Equity Investment Team

  

Portfolio Manager

Literature

Literature

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