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BlackRock Emerging Markets Fund, Inc. (MADCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US09251J4022

CUSIP

09251J402

Issuer

Blackrock

Inception Date

Aug 31, 1989

Min. Investment

$2,000,000

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

MADCX has an expense ratio of 0.86%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

BlackRock Emerging Markets Fund, Inc. (MADCX) returned 3.35% year-to-date (YTD) and -0.83% over the past 12 months. Over the past 10 years, MADCX returned 3.29% annually, underperforming the S&P 500 benchmark at 10.61%.


MADCX

YTD

3.35%

1M

9.29%

6M

-2.38%

1Y

-0.83%

5Y*

3.68%

10Y*

3.29%

^GSPC (Benchmark)

YTD

-1.44%

1M

8.08%

6M

-3.32%

1Y

10.99%

5Y*

15.15%

10Y*

10.61%

*Annualized

Monthly Returns

The table below presents the monthly returns of MADCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.38%0.13%-0.76%0.51%3.09%3.35%
2024-4.54%2.42%3.25%-0.86%0.95%2.20%-0.58%0.77%3.60%-3.86%-3.74%-0.26%-1.08%
202310.19%-6.89%2.14%-1.03%-1.04%4.94%4.27%-6.19%-3.26%-3.37%8.25%3.88%10.77%
2022-0.27%-8.86%-4.66%-6.12%0.49%-5.87%-0.34%-0.04%-9.57%-2.46%14.67%-2.15%-24.12%
20213.75%4.40%-2.20%1.95%0.87%1.81%-9.61%1.25%-4.74%2.31%-4.26%-0.05%-5.32%
2020-3.16%-3.42%-16.41%9.52%2.97%6.82%7.01%3.03%-3.24%3.00%9.87%9.52%24.52%
201910.41%-0.83%1.62%2.89%-6.71%7.95%-1.79%-3.01%1.75%5.24%0.49%7.01%26.47%
20189.12%-5.48%-0.29%-0.41%-2.11%-4.91%2.36%-4.09%-0.23%-5.82%4.92%-3.26%-10.73%
20177.74%2.23%4.08%2.35%2.61%1.15%5.52%3.41%0.23%2.48%0.92%3.16%42.09%
2016-7.30%-0.14%11.62%1.55%-0.79%4.80%5.05%1.96%1.92%-1.51%-6.33%-1.11%8.64%
2015-0.87%2.48%-1.72%5.14%-3.08%-1.82%-7.81%-9.30%-3.99%5.37%-0.97%-2.91%-18.75%
2014-7.23%4.38%0.88%-0.15%3.60%3.72%0.77%3.04%-6.64%1.53%1.02%-5.62%-1.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MADCX is 21, meaning it’s performing worse than 79% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MADCX is 2121
Overall Rank
The Sharpe Ratio Rank of MADCX is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of MADCX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of MADCX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of MADCX is 2121
Calmar Ratio Rank
The Martin Ratio Rank of MADCX is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Emerging Markets Fund, Inc. (MADCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

BlackRock Emerging Markets Fund, Inc. Sharpe ratios as of May 12, 2025 (values are recalculated daily):

  • 1-Year: -0.03
  • 5-Year: 0.19
  • 10-Year: 0.18
  • All Time: 0.19

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of BlackRock Emerging Markets Fund, Inc. compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

BlackRock Emerging Markets Fund, Inc. provided a 1.84% dividend yield over the last twelve months, with an annual payout of $0.45 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.45$0.45$0.40$0.50$0.28$0.31$0.40$0.20$0.11$0.30$0.21$0.11

Dividend yield

1.84%1.91%1.67%2.22%0.94%0.97%1.53%0.98%0.48%1.82%1.34%0.56%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Emerging Markets Fund, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.00$0.00$0.00$0.00$0.34$0.45
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.26$0.40
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00$0.00$0.00$0.38$0.50
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.00$0.00$0.00$0.00$0.13$0.28
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.22$0.31
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.40$0.40
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.20$0.20
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.30$0.30
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2014$0.11$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Emerging Markets Fund, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Emerging Markets Fund, Inc. was 74.35%, occurring on Oct 27, 2008. Recovery took 3026 trading sessions.

The current BlackRock Emerging Markets Fund, Inc. drawdown is 30.89%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.35%Jul 24, 2007319Oct 27, 20083026Nov 4, 20203345
-58.56%Jul 10, 1997307Sep 11, 19981617Feb 7, 20051924
-46.2%Feb 18, 2021425Oct 24, 2022
-32.17%Feb 14, 1994279Mar 9, 1995594Jun 18, 1997873
-29.96%May 10, 200694Sep 22, 2006194Jul 5, 2007288

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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