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BlackRock EuroFund Fund (MAEFX) Sharpe Ratio: 0.48

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. The adviser currently expects that a majority of the fund's assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the "Eurozone"). The fund may invest in companies of any size.

MAEFX's Sharpe Ratio of 0.48 indicates that for each unit of volatility, it generates 0.48 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

MAEFX Sharpe Ratio Rank

MAEFX Sharpe Ratio Rank: 5.86
Concerning

MAEFX ranks above 5.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

MAEFX Sharpe Ratio Market Positioning

The chart shows MAEFX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.65+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares BlackRock EuroFund Fund's Sharpe Ratio with other mutual funds in the Europe Equities category across multiple time periods, showing how MAEFX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
UEPIXProFunds Europe 30 Fund3.12
DSEUXDoubleLine Shiller Enhanced International CAPE2.16
AEDAXInvesco EQV European Equity Fund1.85
CEEThe Central and Eastern Europe Fund1.56
CMIUXSix Circles Managed Equity Portfolio International Unconstrained Fund1.45
MEURXFranklin Mutual European Fund1.34
VEUPXVanguard European Stock Index Fund Institutional Plus Shares1.28
VESIXVanguard European Stock Index Fund Institutional Shares1.28
VEUSXVanguard European Stock Index Fund Admiral Shares1.27
VEURXVanguard European Stock Index Fund1.26
MAEFXBlackRock EuroFund Fund0.48

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MAEFX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MAEFX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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