C000223506 Performance — BlackRock Defensive Advantage Emerging Markets Fund, Institutional Class
Data updated: 2026-09-25
C000223506 returned +14.79% year to date and +20.71% over one year to Jul 2026. Annualised returns are +13.14% over 3 years and +7.91% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $145, against $164 for the category, and to $121 over one year, against $134. Volatility over the past three years was 10.77% a year. In the 12 months to Jul 2026 the fund took in a net $1.0M, and assets reached $13.49M.
C000223506 Growth of $100
What $100 invested in BlackRock Defensive Advantage Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | C000223506 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $121 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $145 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $146 | $143 |
| Since data start (Dec 2020 – Jul 2026) | $155 | $160 |
C000223506 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.79% |
| 1 year | +20.71% |
| 3 years (annualised) | +13.14% |
| 5 years (annualised) | +7.91% |
C000223506 Annual Returns
Calendar-year total returns of BlackRock Defensive Advantage Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.79% |
| 2025 | +14.32% |
| 2024 | +10.45% |
| 2023 | +11.92% |
| 2022 | −11.11% |
| 2021 | +4.72% |
| 2020 (Dec–Dec) | +2.74% |
C000223506 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.7% | +2.4% | −6.3% | +8.8% | +6.8% | +0.8% | −3.2% | — | — | — | — | — |
| 2025 | +0.5% | −0.3% | +2.5% | +1.9% | +1.0% | +3.3% | −0.5% | +0.4% | +1.6% | +1.4% | −0.4% | +2.0% |
| 2024 | −1.1% | +4.4% | 0.0% | −0.7% | −0.1% | +2.3% | +2.2% | +2.4% | +4.0% | −3.1% | −0.6% | +0.5% |
| 2023 | +4.4% | −3.4% | +3.6% | +2.3% | −2.3% | +3.2% | +4.0% | −4.2% | −1.8% | −3.0% | +5.2% | +4.0% |
| 2022 | −0.6% | −0.4% | −0.5% | −4.2% | −0.3% | −6.0% | +1.4% | −1.3% | −7.3% | +0.4% | +10.3% | −2.2% |
| 2021 | +1.3% | +1.4% | +0.9% | +1.5% | +2.4% | −0.1% | −4.2% | +3.6% | −1.8% | −0.3% | −2.6% | +2.7% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | +2.7% |
C000223506 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.77%
- 3-year Sharpe ratio: 0.80 (vs 4.5% risk-free rate)
- Best month: +8.78% (Apr 2026)
- Worst month: −6.34% (Mar 2026)
C000223506 Fund Flows
Monthly money in and out of BlackRock Defensive Advantage Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: $1.0M
- 12-month gross sales (incl. reinvestments): $1.1M
- Sales ÷ redemptions: 7.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $24K | $25K | −$1K |
| Jun 2026 | $4K | $0 | $4K |
| May 2026 | $5K | $610 | $4K |
| Apr 2026 | $65K | $815 | $64K |
| Mar 2026 | $250 | $1 | $249 |
| Feb 2026 | $4K | $10K | −$6K |
| Jan 2026 | $46K | $144 | $46K |
| Dec 2025 | $809K | $7K | $802K |
| Nov 2025 | $4K | $95K | −$91K |
| Oct 2025 | $1K | $11K | −$9K |
| Sep 2025 | $176K | $0 | $176K |
| Aug 2025 | $14K | $0 | $14K |
C000223506 Assets Under Management
Net assets of BlackRock Defensive Advantage Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $13.49M |
| 2026-04-30 | $13.61M |
| 2026-01-31 | $12.99M |
| 2025-10-31 | $12.16M |
| 2025-07-31 | $11.57M |
| 2025-04-30 | $11.23M |
| 2025-01-31 | $10.77M |
| 2024-10-31 | $10.89M |
| 2024-07-31 | $10.55M |
| 2024-04-30 | $10.24M |
| 2024-01-31 | $9.85M |
| 2023-10-31 | $9.08M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.