BIMPX vs. MADVX

Last updated Aug 5, 2026

BIMPX (BlackRock 40/60 Target Allocation Fund) and MADVX (BlackRock Equity Dividend Fund Institutional Shares) are both mutual funds - BIMPX is a Diversified Portfolio fund managed by BlackRock, while MADVX is a Large Cap Value Equities fund actively managed by BlackRock. Over the past 10 years, BIMPX returned 6.53%/yr vs 11.92%/yr for MADVX. Their correlation of 0.82 means they have usually moved in the same direction. BIMPX charges 0.11%/yr vs 0.71%/yr for MADVX.

Performance

BIMPX vs. MADVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock 40/60 Target Allocation Fund (BIMPX) and BlackRock Equity Dividend Fund Institutional Shares (MADVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIMPX achieves a 6.06% return, which is significantly lower than MADVX's 17.98% return. Over the past 10 years, BIMPX has underperformed MADVX with an annualized return of 6.53%, while MADVX has yielded a comparatively higher 11.92% annualized return.

BIMPX

• 1D: 0.69%
• 1M: -0.34%
• 6M: 4.53%
• YTD: 6.06%
• 1Y: 11.88%
• 3Y*: 9.93%
• 5Y*: 4.32%
• 10Y*: 6.53%
• ALL TIME*: 6.15%

MADVX

• 1D: 1.38%
• 1M: 3.05%
• 6M: 12.88%
• YTD: 17.98%
• 1Y: 29.84%
• 3Y*: 17.18%
• 5Y*: 11.66%
• 10Y*: 11.92%
• ALL TIME*: 10.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIMPX BlackRock 40/60 Target Allocation Fund	$0.00	$0.00	$0.00
MADVX BlackRock Equity Dividend Fund Institutional Shares	$0.00	$0.00	$0.00

BIMPX vs. MADVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIMPX BlackRock 40/60 Target Allocation Fund	6.06%	13.43%	4.93%	12.41%	-14.84%	3.51%	19.76%	16.65%	-3.77%	11.77%
MADVX BlackRock Equity Dividend Fund Institutional Shares	17.98%	21.70%	6.98%	12.71%	-3.97%	20.13%	4.03%	27.58%	-7.15%	16.31%

Correlation

The correlation between BIMPX and MADVX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.70
Correlation (All Time) Calculated using the full available price history since Dec 26, 2006	0.82

The correlation between BIMPX and MADVX shifts across timeframes, from 0.63 (3 years) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BIMPX vs. MADVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BIMPX

BIMPX Risk / Return Rank: 61
BIMPX Sharpe Ratio Rank: 59
BIMPX Sortino Ratio Rank: 61
BIMPX Omega Ratio Rank: 61
BIMPX Calmar Ratio Rank: 58
BIMPX Martin Ratio Rank: 65

MADVX

MADVX Risk / Return Rank: 92
MADVX Sharpe Ratio Rank: 96
MADVX Sortino Ratio Rank: 94
MADVX Omega Ratio Rank: 91
MADVX Calmar Ratio Rank: 89
MADVX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BIMPX vs. MADVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock 40/60 Target Allocation Fund (BIMPX) and BlackRock Equity Dividend Fund Institutional Shares (MADVX). 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.

	BIMPX	MADVX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	2.65	-1.00
Sortino ratio: Return per unit of downside risk	2.38	3.66	-1.27
Omega ratio: Gain probability vs. loss probability	1.31	1.47	-0.16
Calmar ratio: Return relative to maximum drawdown	2.23	3.47	-1.24
Martin ratio: Return relative to average drawdown	9.10	14.87	-5.77

BIMPX vs. MADVX - Sharpe Ratio Comparison

The current BIMPX Sharpe Ratio is 1.65, which is lower than the MADVX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of BIMPX and MADVX, 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

BIMPX vs. MADVX - Drawdown Comparison

The maximum BIMPX drawdown since its inception was -39.37%, smaller than the maximum MADVX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for BIMPX and MADVX.

Drawdown Indicators

	BIMPX	MADVX	Difference
Max Drawdown Largest peak-to-trough decline	-39.37%	-50.00%	+10.63%
Max Drawdown (1Y) Largest decline over 1 year	-5.74%	-9.01%	+3.27%
Max Drawdown (3Y) Largest decline over 3 years	-11.11%	-15.22%	+4.11%
Max Drawdown (5Y) Largest decline over 5 years	-19.85%	-18.05%	-1.80%
Max Drawdown (10Y) Largest decline over 10 years	-19.85%	-35.94%	+16.09%
Current Drawdown Current decline from peak	-1.02%	0.00%	-1.02%
Average Drawdown Average peak-to-trough decline	-4.75%	-5.27%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	2.10%	-0.70%

Volatility

BIMPX vs. MADVX - Volatility Comparison

The current volatility for BlackRock 40/60 Target Allocation Fund (BIMPX) is 2.44%, while BlackRock Equity Dividend Fund Institutional Shares (MADVX) has a volatility of 3.45%. This indicates that BIMPX experiences smaller price fluctuations and is considered to be less risky than MADVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIMPX	MADVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.44%	3.45%	-1.01%
Volatility (6M) Calculated over the trailing 6-month period	6.78%	9.51%	-2.73%
Volatility (1Y) Calculated over the trailing 1-year period	7.79%	11.81%	-4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.31%	14.22%	-4.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.63%	16.31%	-7.68%

BIMPX vs. MADVX - Expense Ratio Comparison

BIMPX has a 0.11% expense ratio, which is lower than MADVX's 0.71% expense ratio.

Dividends

BIMPX vs. MADVX - Dividend Comparison

BIMPX's dividend yield for the trailing twelve months is around 5.36%, less than MADVX's 13.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIMPX BlackRock 40/60 Target Allocation Fund	5.36%	5.68%	0.00%	2.96%	3.06%	6.35%	4.34%	2.66%	7.95%	2.50%	1.83%	9.76%
MADVX BlackRock Equity Dividend Fund Institutional Shares	13.81%	10.23%	8.58%	7.08%	13.50%	12.15%	6.35%	13.15%	14.04%	14.38%	7.98%	18.44%

Frequently Asked Questions

Can I hold both BIMPX and MADVX in my portfolio?

BIMPX and MADVX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIMPX or MADVX?

MADVX has higher volatility (3.45%) compared to BIMPX (2.44%). In terms of maximum drawdown, BIMPX dropped -39.37% vs MADVX's -50.00%.

Which has better risk-adjusted returns?

MADVX currently has the higher Sharpe Ratio (2.65 vs 1.65), 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.