DVY vs. MDCPX
DVY (iShares Select Dividend ETF) and MDCPX (BlackRock Balanced Capital Fund Investor A Shares) are both funds - DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index, while MDCPX is a Diversified Portfolio fund actively managed by BlackRock. DVY is passively managed, while MDCPX is actively managed. Over the past 10 years, DVY returned 10.10%/yr vs 9.99%/yr for MDCPX. A 0.78 correlation means they provide meaningful diversification when combined. DVY charges 0.39%/yr vs 0.78%/yr for MDCPX.
Performance
DVY vs. MDCPX - Performance Comparison
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Returns By Period
In the year-to-date period, DVY achieves a 10.24% return, which is significantly higher than MDCPX's 6.42% return. Both investments have delivered pretty close results over the past 10 years, with DVY having a 10.10% annualized return and MDCPX not far behind at 9.99%.
DVY
- 1D
- -0.64%
- 1M
- 1.40%
- YTD
- 10.24%
- 6M
- 11.57%
- 1Y
- 21.73%
- 3Y*
- 15.00%
- 5Y*
- 8.74%
- 10Y*
- 10.10%
MDCPX
- 1D
- -1.99%
- 1M
- -0.68%
- YTD
- 6.42%
- 6M
- 7.39%
- 1Y
- 16.87%
- 3Y*
- 14.13%
- 5Y*
- 7.95%
- 10Y*
- 9.99%
DVY vs. MDCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 10.24% | 11.60% | 16.24% | 1.12% | 1.80% | 31.70% | -4.91% | 22.62% | -6.36% | 14.82% |
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 6.42% | 15.32% | 12.47% | 16.59% | -15.70% | 16.49% | 15.07% | 21.59% | -3.48% | 14.24% |
Correlation
The correlation between DVY and MDCPX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2003 | 0.78 |
Over the past year, the correlation between DVY and MDCPX has dropped to 0.49 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.
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Return for Risk
DVY vs. MDCPX — Risk / Return Rank
DVY
MDCPX
DVY vs. MDCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Select Dividend ETF (DVY) and BlackRock Balanced Capital Fund Investor A Shares (MDCPX). 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.
| DVY | MDCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.38 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.17 | 2.80 | +0.37 |
| Martin ratioReturn relative to average drawdown | 11.16 | 12.12 | -0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DVY | MDCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 2.04 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.72 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.87 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.66 | -0.18 |
Drawdowns
DVY vs. MDCPX - Drawdown Comparison
The maximum DVY drawdown since its inception was -62.59%, which is greater than MDCPX's maximum drawdown of -41.98%. Use the drawdown chart below to compare losses from any high point for DVY and MDCPX.
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Drawdown Indicators
| DVY | MDCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.59% | -41.98% | -20.61% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -6.22% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | -10.65% | -5.35% |
Max Drawdown (5Y)Largest decline over 5 years | -17.54% | -21.99% | +4.45% |
Max Drawdown (10Y)Largest decline over 10 years | -41.59% | -24.58% | -17.01% |
Current DrawdownCurrent decline from peak | -1.48% | -2.36% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -5.09% | -3.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 1.43% | +0.52% |
Volatility
DVY vs. MDCPX - Volatility Comparison
The current volatility for iShares Select Dividend ETF (DVY) is 2.70%, while BlackRock Balanced Capital Fund Investor A Shares (MDCPX) has a volatility of 3.07%. This indicates that DVY experiences smaller price fluctuations and is considered to be less risky than MDCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVY | MDCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 3.07% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 7.03% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 8.55% | +2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 11.09% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.02% | 11.48% | +6.54% |
DVY vs. MDCPX - Expense Ratio Comparison
DVY has a 0.39% expense ratio, which is lower than MDCPX's 0.78% expense ratio.
Dividends
DVY vs. MDCPX - Dividend Comparison
DVY's dividend yield for the trailing twelve months is around 3.40%, less than MDCPX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 3.40% | 3.65% | 3.65% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% |
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 8.09% | 8.61% | 7.44% | 2.63% | 3.82% | 12.27% | 4.02% | 5.25% | 7.84% | 19.39% | 4.67% | 5.04% |
Frequently Asked Questions
DVY and MDCPX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDCPX has higher volatility (3.07%) compared to DVY (2.70%). In terms of maximum drawdown, DVY dropped -62.59% vs MDCPX's -41.98%.
MDCPX currently has the higher Sharpe Ratio (2.04 vs 1.97), 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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