AAUTX vs. MALVX

Last updated Jun 23, 2026

AAUTX (Thrivent Large Cap Value Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, AAUTX returned 12.85%/yr vs 12.91%/yr for MALVX. Their correlation of 0.94 suggests significant overlap in exposure. AAUTX charges 0.86%/yr vs 0.54%/yr for MALVX.

Performance

AAUTX vs. MALVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Large Cap Value Fund (AAUTX) and BlackRock Advantage Large Cap Value Fund (MALVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAUTX achieves a 12.58% return, which is significantly lower than MALVX's 18.54% return. Both investments have delivered pretty close results over the past 10 years, with AAUTX having a 12.85% annualized return and MALVX not far ahead at 12.91%.

AAUTX

• 1D: 0.19%
• 1M: 0.77%
• YTD: 12.58%
• 6M: 12.29%
• 1Y: 28.83%
• 3Y*: 20.74%
• 5Y*: 14.35%
• 10Y*: 12.85%

MALVX

• 1D: 0.70%
• 1M: 3.76%
• YTD: 18.54%
• 6M: 18.00%
• 1Y: 36.37%
• 3Y*: 20.62%
• 5Y*: 13.20%
• 10Y*: 12.91%

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

AAUTX vs. MALVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAUTX Thrivent Large Cap Value Fund	12.58%	19.31%	21.28%	12.63%	-4.89%	31.65%	4.31%	23.66%	-8.82%	12.59%
MALVX BlackRock Advantage Large Cap Value Fund	18.54%	18.38%	15.39%	13.74%	-8.68%	26.51%	3.91%	24.74%	-7.74%	15.82%

Correlation

The correlation between AAUTX and MALVX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 22, 1999	0.94

The correlation between AAUTX and MALVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

AAUTX vs. MALVX — Risk / Return Rank

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

AAUTX

AAUTX Risk / Return Rank: 86
AAUTX Sharpe Ratio Rank: 87
AAUTX Sortino Ratio Rank: 83
AAUTX Omega Ratio Rank: 79
AAUTX Calmar Ratio Rank: 91
AAUTX Martin Ratio Rank: 91

MALVX

MALVX Risk / Return Rank: 95
MALVX Sharpe Ratio Rank: 97
MALVX Sortino Ratio Rank: 94
MALVX Omega Ratio Rank: 89
MALVX Calmar Ratio Rank: 96
MALVX Martin Ratio Rank: 97

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.

AAUTX vs. MALVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Large Cap Value Fund (AAUTX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.

	AAUTX	MALVX	Difference
Sharpe ratio: Return per unit of total volatility	2.61	3.29	-0.68
Sortino ratio: Return per unit of downside risk	3.59	4.58	-0.99
Omega ratio: Gain probability vs. loss probability	1.47	1.60	-0.13
Calmar ratio: Return relative to maximum drawdown	4.47	5.61	-1.14
Martin ratio: Return relative to average drawdown	17.08	25.40	-8.32

AAUTX vs. MALVX - Sharpe Ratio Comparison

The current AAUTX Sharpe Ratio is 2.61, which is comparable to the MALVX Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of AAUTX and MALVX, 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

AAUTX vs. MALVX - Drawdown Comparison

The maximum AAUTX drawdown since its inception was -54.34%, roughly equal to the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for AAUTX and MALVX.

Drawdown Indicators

	AAUTX	MALVX	Difference
Max Drawdown Largest peak-to-trough decline	-54.34%	-55.21%	+0.87%
Max Drawdown (1Y) Largest decline over 1 year	-6.48%	-6.53%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-14.85%	-16.13%	+1.28%
Max Drawdown (5Y) Largest decline over 5 years	-18.71%	-19.73%	+1.02%
Max Drawdown (10Y) Largest decline over 10 years	-38.88%	-37.12%	-1.76%
Current Drawdown Current decline from peak	-1.00%	-0.46%	-0.54%
Average Drawdown Average peak-to-trough decline	-7.98%	-8.74%	+0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	1.44%	+0.25%

Volatility

AAUTX vs. MALVX - Volatility Comparison

The current volatility for Thrivent Large Cap Value Fund (AAUTX) is 3.60%, while BlackRock Advantage Large Cap Value Fund (MALVX) has a volatility of 4.15%. This indicates that AAUTX experiences smaller price fluctuations and is considered to be less risky than MALVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAUTX	MALVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	4.15%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	8.35%	8.79%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	11.09%	11.12%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.86%	14.83%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.80%	17.33%	+0.47%

AAUTX vs. MALVX - Expense Ratio Comparison

AAUTX has a 0.86% expense ratio, which is higher than MALVX's 0.54% expense ratio.

Dividends

AAUTX vs. MALVX - Dividend Comparison

AAUTX's dividend yield for the trailing twelve months is around 4.69%, less than MALVX's 7.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAUTX Thrivent Large Cap Value Fund	4.69%	5.28%	16.25%	3.22%	6.12%	7.62%	6.33%	1.52%	7.44%	1.08%	1.18%	0.00%
MALVX BlackRock Advantage Large Cap Value Fund	7.78%	9.23%	14.33%	2.84%	5.96%	17.48%	1.68%	3.92%	12.95%	0.43%	1.38%	1.01%

Frequently Asked Questions

Can I hold both AAUTX and MALVX in my portfolio?

With a correlation of 0.92, AAUTX and MALVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AAUTX or MALVX?

MALVX has higher volatility (4.15%) compared to AAUTX (3.60%). In terms of maximum drawdown, AAUTX dropped -54.34% vs MALVX's -55.21%.

Which has better risk-adjusted returns?

MALVX currently has the higher Sharpe Ratio (3.29 vs 2.61), 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.