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BDJ vs. MENYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BDJ vs. MENYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Enhanced Equity Dividend Fund (BDJ) and Madison Covered Call & Equity Income Fund (MENYX). The values are adjusted to include any dividend payments, if applicable.

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BDJ vs. MENYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BDJ
BlackRock Enhanced Equity Dividend Fund
-5.83%26.12%16.87%-6.67%0.83%26.56%-7.58%37.43%-10.42%20.78%
MENYX
Madison Covered Call & Equity Income Fund
3.70%6.69%2.79%10.66%5.06%18.71%12.65%15.76%-6.01%7.57%

Returns By Period

In the year-to-date period, BDJ achieves a -5.83% return, which is significantly lower than MENYX's 3.70% return. Over the past 10 years, BDJ has outperformed MENYX with an annualized return of 9.93%, while MENYX has yielded a comparatively lower 8.17% annualized return.


BDJ

1D
1.51%
1M
-8.69%
YTD
-5.83%
6M
1.12%
1Y
11.53%
3Y*
10.07%
5Y*
7.81%
10Y*
9.93%

MENYX

1D
-0.63%
1M
-2.25%
YTD
3.70%
6M
3.96%
1Y
12.79%
3Y*
6.04%
5Y*
6.99%
10Y*
8.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BDJ vs. MENYX - Expense Ratio Comparison

BDJ has a 0.86% expense ratio, which is lower than MENYX's 1.01% expense ratio.


Return for Risk

BDJ vs. MENYX — Risk / Return Rank

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

BDJ
BDJ Risk / Return Rank: 2929
Overall Rank
BDJ Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
BDJ Sortino Ratio Rank: 2525
Sortino Ratio Rank
BDJ Omega Ratio Rank: 2727
Omega Ratio Rank
BDJ Calmar Ratio Rank: 3434
Calmar Ratio Rank
BDJ Martin Ratio Rank: 3333
Martin Ratio Rank

MENYX
MENYX Risk / Return Rank: 4141
Overall Rank
MENYX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
MENYX Sortino Ratio Rank: 3535
Sortino Ratio Rank
MENYX Omega Ratio Rank: 4545
Omega Ratio Rank
MENYX Calmar Ratio Rank: 3838
Calmar Ratio Rank
MENYX Martin Ratio Rank: 4949
Martin Ratio Rank
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.

BDJ vs. MENYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Equity Dividend Fund (BDJ) and Madison Covered Call & Equity Income Fund (MENYX). 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.


BDJMENYXDifference

Sharpe ratio

Return per unit of total volatility

0.69

0.87

-0.18

Sortino ratio

Return per unit of downside risk

1.04

1.27

-0.23

Omega ratio

Gain probability vs. loss probability

1.15

1.21

-0.05

Calmar ratio

Return relative to maximum drawdown

0.97

1.14

-0.17

Martin ratio

Return relative to average drawdown

3.62

5.42

-1.80

BDJ vs. MENYX - Sharpe Ratio Comparison

The current BDJ Sharpe Ratio is 0.69, which is comparable to the MENYX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of BDJ and MENYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BDJMENYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.69

0.87

-0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.62

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.61

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.60

-0.30

Correlation

The correlation between BDJ and MENYX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

BDJ vs. MENYX - Dividend Comparison

BDJ's dividend yield for the trailing twelve months is around 9.78%, more than MENYX's 6.75% yield.


TTM20252024202320222021202020192018201720162015
BDJ
BlackRock Enhanced Equity Dividend Fund
9.78%9.03%8.21%9.49%12.18%5.95%7.08%6.66%7.21%6.07%6.88%7.36%
MENYX
Madison Covered Call & Equity Income Fund
6.75%8.52%7.83%7.71%6.98%6.48%6.34%7.07%9.82%7.64%6.74%7.48%

Drawdowns

BDJ vs. MENYX - Drawdown Comparison

The maximum BDJ drawdown since its inception was -59.46%, which is greater than MENYX's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for BDJ and MENYX.


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Drawdown Indicators


BDJMENYXDifference

Max Drawdown

Largest peak-to-trough decline

-59.46%

-28.38%

-31.08%

Max Drawdown (1Y)

Largest decline over 1 year

-12.28%

-11.66%

-0.62%

Max Drawdown (5Y)

Largest decline over 5 years

-21.39%

-16.14%

-5.25%

Max Drawdown (10Y)

Largest decline over 10 years

-48.14%

-28.38%

-19.76%

Current Drawdown

Current decline from peak

-9.16%

-3.44%

-5.72%

Average Drawdown

Average peak-to-trough decline

-8.99%

-2.51%

-6.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.29%

2.45%

+0.84%

Volatility

BDJ vs. MENYX - Volatility Comparison

BlackRock Enhanced Equity Dividend Fund (BDJ) has a higher volatility of 5.62% compared to Madison Covered Call & Equity Income Fund (MENYX) at 2.62%. This indicates that BDJ's price experiences larger fluctuations and is considered to be riskier than MENYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BDJMENYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.62%

2.62%

+3.00%

Volatility (6M)

Calculated over the trailing 6-month period

9.50%

7.30%

+2.20%

Volatility (1Y)

Calculated over the trailing 1-year period

16.68%

14.73%

+1.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.13%

11.40%

+4.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.38%

13.43%

+4.95%