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BMEAX vs. MENYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BMEAX vs. MENYX - Performance Comparison

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

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BMEAX vs. MENYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BMEAX
BlackRock High Equity Income Fund Class A
-5.21%16.81%6.18%8.54%-3.59%22.11%-1.75%21.68%-6.50%15.85%
MENYX
Madison Covered Call & Equity Income Fund
4.35%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, BMEAX achieves a -5.21% return, which is significantly lower than MENYX's 4.35% return. Both investments have delivered pretty close results over the past 10 years, with BMEAX having a 7.87% annualized return and MENYX not far ahead at 8.24%.


BMEAX

1D
-0.34%
1M
-8.99%
YTD
-5.21%
6M
-0.98%
1Y
7.92%
3Y*
7.96%
5Y*
6.15%
10Y*
7.87%

MENYX

1D
0.00%
1M
-2.83%
YTD
4.35%
6M
6.06%
1Y
13.50%
3Y*
6.26%
5Y*
7.32%
10Y*
8.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BMEAX vs. MENYX - Expense Ratio Comparison

BMEAX has a 1.10% expense ratio, which is higher than MENYX's 1.01% expense ratio.


Return for Risk

BMEAX vs. MENYX — Risk / Return Rank

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

BMEAX
BMEAX Risk / Return Rank: 2323
Overall Rank
BMEAX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
BMEAX Sortino Ratio Rank: 2323
Sortino Ratio Rank
BMEAX Omega Ratio Rank: 2222
Omega Ratio Rank
BMEAX Calmar Ratio Rank: 2222
Calmar Ratio Rank
BMEAX Martin Ratio Rank: 2525
Martin Ratio Rank

MENYX
MENYX Risk / Return Rank: 5050
Overall Rank
MENYX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
MENYX Sortino Ratio Rank: 4848
Sortino Ratio Rank
MENYX Omega Ratio Rank: 5959
Omega Ratio Rank
MENYX Calmar Ratio Rank: 4141
Calmar Ratio Rank
MENYX Martin Ratio Rank: 5252
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.

BMEAX vs. MENYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Equity Income Fund Class A (BMEAX) 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.


BMEAXMENYXDifference

Sharpe ratio

Return per unit of total volatility

0.63

0.96

-0.33

Sortino ratio

Return per unit of downside risk

0.95

1.38

-0.43

Omega ratio

Gain probability vs. loss probability

1.14

1.23

-0.09

Calmar ratio

Return relative to maximum drawdown

0.66

1.06

-0.40

Martin ratio

Return relative to average drawdown

2.72

5.08

-2.36

BMEAX vs. MENYX - Sharpe Ratio Comparison

The current BMEAX Sharpe Ratio is 0.63, which is lower than the MENYX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of BMEAX 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


BMEAXMENYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.63

0.96

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.65

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.62

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.60

-0.07

Correlation

The correlation between BMEAX and MENYX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

BMEAX vs. MENYX - Dividend Comparison

BMEAX's dividend yield for the trailing twelve months is around 7.49%, more than MENYX's 6.71% yield.


TTM20252024202320222021202020192018201720162015
BMEAX
BlackRock High Equity Income Fund Class A
7.49%7.62%6.10%5.45%5.70%6.46%4.52%4.46%10.86%58.18%6.05%8.93%
MENYX
Madison Covered Call & Equity Income Fund
6.71%8.52%7.83%7.71%6.98%6.48%6.34%7.07%9.82%7.64%6.74%7.48%

Drawdowns

BMEAX vs. MENYX - Drawdown Comparison

The maximum BMEAX drawdown since its inception was -73.05%, which is greater than MENYX's maximum drawdown of -28.38%. Use the drawdown chart below to compare losses from any high point for BMEAX and MENYX.


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Drawdown Indicators


BMEAXMENYXDifference

Max Drawdown

Largest peak-to-trough decline

-73.05%

-28.38%

-44.67%

Max Drawdown (1Y)

Largest decline over 1 year

-11.54%

-11.66%

+0.12%

Max Drawdown (5Y)

Largest decline over 5 years

-19.32%

-16.14%

-3.18%

Max Drawdown (10Y)

Largest decline over 10 years

-38.27%

-28.38%

-9.89%

Current Drawdown

Current decline from peak

-9.56%

-2.83%

-6.73%

Average Drawdown

Average peak-to-trough decline

-19.79%

-2.51%

-17.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.81%

2.44%

+0.37%

Volatility

BMEAX vs. MENYX - Volatility Comparison

BlackRock High Equity Income Fund Class A (BMEAX) has a higher volatility of 3.86% compared to Madison Covered Call & Equity Income Fund (MENYX) at 2.81%. This indicates that BMEAX'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


BMEAXMENYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.86%

2.81%

+1.05%

Volatility (6M)

Calculated over the trailing 6-month period

7.82%

7.27%

+0.55%

Volatility (1Y)

Calculated over the trailing 1-year period

14.46%

14.75%

-0.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.29%

11.39%

+1.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.70%

13.43%

+2.27%