EIVIX vs. MADVX

Last updated Aug 1, 2026

EIVIX (Allspring Special Large Cap Value Fund) and MADVX (BlackRock Equity Dividend Fund) are both Large Cap Value Equities funds. Over the past 10 years, EIVIX returned 13.05%/yr vs 11.81%/yr for MADVX. Their correlation of 0.94 means they have usually moved in the same direction. EIVIX charges 0.70%/yr vs 0.68%/yr for MADVX.

Performance

EIVIX vs. MADVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Special Large Cap Value Fund (EIVIX) and BlackRock Equity Dividend Fund (MADVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EIVIX achieves a 8.81% return, which is significantly lower than MADVX's 15.65% return. Over the past 10 years, EIVIX has outperformed MADVX with an annualized return of 13.05%, while MADVX has yielded a comparatively lower 11.81% annualized return.

EIVIX

• 1D: 0.64%
• 1M: 0.13%
• 6M: 4.84%
• YTD: 8.81%
• 1Y: 17.51%
• 3Y*: 15.74%
• 5Y*: 11.03%
• 10Y*: 13.05%
• ALL TIME*: 9.93%

MADVX

• 1D: 0.90%
• 1M: 1.02%
• 6M: 11.69%
• YTD: 15.65%
• 1Y: 28.55%
• 3Y*: 15.84%
• 5Y*: 11.05%
• 10Y*: 11.81%
• ALL TIME*: 10.14%

*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)
EIVIX Allspring Special Large Cap Value Fund	$0.00	$0.00	$0.00
MADVX BlackRock Equity Dividend Fund	$0.00	$0.00	$0.00

EIVIX vs. MADVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EIVIX Allspring Special Large Cap Value Fund	8.81%	16.81%	16.89%	14.10%	-6.26%	24.08%	1.45%	47.28%	-5.36%	16.20%
MADVX BlackRock Equity Dividend Fund	15.65%	21.70%	6.98%	12.71%	-3.97%	20.13%	4.03%	27.58%	-7.15%	16.31%

Correlation

The correlation between EIVIX and MADVX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.94

The correlation between EIVIX and MADVX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

EIVIX vs. MADVX — Risk / Return Rank

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

EIVIX

EIVIX Risk / Return Rank: 41
EIVIX Sharpe Ratio Rank: 42
EIVIX Sortino Ratio Rank: 42
EIVIX Omega Ratio Rank: 38
EIVIX Calmar Ratio Rank: 42
EIVIX Martin Ratio Rank: 40

MADVX

MADVX Risk / Return Rank: 87
MADVX Sharpe Ratio Rank: 89
MADVX Sortino Ratio Rank: 86
MADVX Omega Ratio Rank: 83
MADVX Calmar Ratio Rank: 85
MADVX Martin Ratio Rank: 90

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.

EIVIX vs. MADVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Special Large Cap Value Fund (EIVIX) and BlackRock Equity Dividend Fund (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.

	EIVIX	MADVX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.20	-0.95
Sortino ratio: Return per unit of downside risk	1.83	3.06	-1.23
Omega ratio: Gain probability vs. loss probability	1.22	1.39	-0.17
Calmar ratio: Return relative to maximum drawdown	1.72	2.88	-1.16
Martin ratio: Return relative to average drawdown	6.06	12.34	-6.28

EIVIX vs. MADVX - Sharpe Ratio Comparison

The current EIVIX Sharpe Ratio is 1.25, which is lower than the MADVX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of EIVIX 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

EIVIX vs. MADVX - Drawdown Comparison

The maximum EIVIX drawdown since its inception was -53.37%, which is greater than MADVX's maximum drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for EIVIX and MADVX.

Drawdown Indicators

	EIVIX	MADVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.37%	-50.00%	-3.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-9.01%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-13.60%	-15.22%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	-18.05%	-14.06%
Max Drawdown (10Y) Largest decline over 10 years	-36.04%	-35.94%	-0.10%
Current Drawdown Current decline from peak	-0.69%	-0.22%	-0.47%
Average Drawdown Average peak-to-trough decline	-7.93%	-5.27%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.11%	+0.42%

Volatility

EIVIX vs. MADVX - Volatility Comparison

Allspring Special Large Cap Value Fund (EIVIX) and BlackRock Equity Dividend Fund (MADVX) have volatilities of 3.33% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIVIX	MADVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	3.39%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	9.42%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.28%	11.84%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.04%	14.20%	+4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	16.30%	+2.81%

EIVIX vs. MADVX - Expense Ratio Comparison

EIVIX has a 0.70% expense ratio, which is higher than MADVX's 0.68% expense ratio.

Dividends

EIVIX vs. MADVX - Dividend Comparison

EIVIX's dividend yield for the trailing twelve months is around 6.78%, less than MADVX's 14.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIVIX Allspring Special Large Cap Value Fund	6.78%	7.37%	9.20%	3.16%	9.68%	21.59%	1.51%	20.39%	9.30%	8.93%	8.56%	12.68%
MADVX BlackRock Equity Dividend Fund	14.09%	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 EIVIX and MADVX in my portfolio?

EIVIX and MADVX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EIVIX or MADVX?

MADVX has higher volatility (3.39%) compared to EIVIX (3.33%). In terms of maximum drawdown, EIVIX dropped -53.37% vs MADVX's -50.00%.

Which has better risk-adjusted returns?

MADVX currently has the higher Sharpe Ratio (2.20 vs 1.25), 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.