DREIX vs. MDGCX
DREIX (DFA World Core Equity Portfolio) and MDGCX (BlackRock Advantage Global Fund, Inc.) are both Global Equities funds. Over the past 10 years, DREIX returned 12.37%/yr vs 12.39%/yr for MDGCX. Their correlation of 0.94 suggests significant overlap in exposure. DREIX charges 0.27%/yr vs 0.96%/yr for MDGCX.
Performance
DREIX vs. MDGCX - Performance Comparison
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Returns By Period
In the year-to-date period, DREIX achieves a 12.93% return, which is significantly lower than MDGCX's 18.00% return. Both investments have delivered pretty close results over the past 10 years, with DREIX having a 12.37% annualized return and MDGCX not far ahead at 12.39%.
DREIX
- 1D
- 0.96%
- 1M
- 1.54%
- YTD
- 12.93%
- 6M
- 12.61%
- 1Y
- 30.12%
- 3Y*
- 19.50%
- 5Y*
- 11.55%
- 10Y*
- 12.37%
MDGCX
- 1D
- 0.80%
- 1M
- 1.84%
- YTD
- 18.00%
- 6M
- 18.34%
- 1Y
- 38.42%
- 3Y*
- 20.17%
- 5Y*
- 11.76%
- 10Y*
- 12.39%
DREIX vs. MDGCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DREIX DFA World Core Equity Portfolio | 12.93% | 21.88% | 14.91% | 20.52% | -14.84% | 19.09% | 13.43% | 25.48% | -12.30% | 24.27% |
MDGCX BlackRock Advantage Global Fund, Inc. | 18.00% | 23.61% | 10.87% | 22.43% | -17.94% | 17.52% | 15.61% | 25.54% | -11.73% | 23.41% |
Correlation
The correlation between DREIX and MDGCX is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.94 |
The correlation between DREIX and MDGCX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
DREIX vs. MDGCX — Risk / Return Rank
DREIX
MDGCX
DREIX vs. MDGCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA World Core Equity Portfolio (DREIX) and BlackRock Advantage Global Fund, Inc. (MDGCX). 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.
| DREIX | MDGCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.52 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 4.72 | -1.43 |
| Martin ratioReturn relative to average drawdown | 14.16 | 20.69 | -6.53 |
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Drawdowns
DREIX vs. MDGCX - Drawdown Comparison
The maximum DREIX drawdown since its inception was -36.65%, smaller than the maximum MDGCX drawdown of -48.25%. Use the drawdown chart below to compare losses from any high point for DREIX and MDGCX.
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Drawdown Indicators
| DREIX | MDGCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.65% | -48.25% | +11.60% |
Max Drawdown (1Y)Largest decline over 1 year | -9.15% | -8.07% | -1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -16.19% | -21.46% | +5.27% |
Max Drawdown (5Y)Largest decline over 5 years | -24.83% | -26.68% | +1.85% |
Max Drawdown (10Y)Largest decline over 10 years | -36.65% | -34.87% | -1.78% |
Current DrawdownCurrent decline from peak | -0.50% | -1.51% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -9.92% | +5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.84% | +0.27% |
Volatility
DREIX vs. MDGCX - Volatility Comparison
The current volatility for DFA World Core Equity Portfolio (DREIX) is 4.78%, while BlackRock Advantage Global Fund, Inc. (MDGCX) has a volatility of 5.33%. This indicates that DREIX experiences smaller price fluctuations and is considered to be less risky than MDGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DREIX | MDGCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 5.33% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.17% | 11.02% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.20% | 13.31% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.37% | 16.26% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.50% | 17.28% | -0.78% |
DREIX vs. MDGCX - Expense Ratio Comparison
DREIX has a 0.27% expense ratio, which is lower than MDGCX's 0.96% expense ratio.
Dividends
DREIX vs. MDGCX - Dividend Comparison
DREIX's dividend yield for the trailing twelve months is around 4.68%, less than MDGCX's 7.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DREIX DFA World Core Equity Portfolio | 4.68% | 5.06% | 3.22% | 3.23% | 3.54% | 1.40% | 1.47% | 2.12% | 2.88% | 1.42% | 1.77% | 2.11% |
MDGCX BlackRock Advantage Global Fund, Inc. | 7.55% | 8.91% | 7.78% | 1.42% | 1.75% | 16.75% | 3.77% | 1.73% | 4.06% | 34.82% | 0.65% | 5.18% |
Frequently Asked Questions
With a correlation of 0.94, DREIX and MDGCX 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.
MDGCX has higher volatility (5.33%) compared to DREIX (4.78%). In terms of maximum drawdown, DREIX dropped -36.65% vs MDGCX's -48.25%.
MDGCX currently has the higher Sharpe Ratio (2.86 vs 2.47), 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.
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