FCEEX vs. MADCX
Compare and contrast key facts about Franklin Emerging Market Core Equity (IU) Fund Advisor (FCEEX) and BlackRock Emerging Markets Fund, Inc. (MADCX).
FCEEX is managed by Franklin Templeton. It was launched on Jul 31, 2019. MADCX is managed by BlackRock. It was launched on Aug 31, 1989.
Performance
FCEEX vs. MADCX - Performance Comparison
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FCEEX vs. MADCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FCEEX Franklin Emerging Market Core Equity (IU) Fund Advisor | 1.82% | 34.81% | 10.51% | 12.52% | -16.96% | -1.29% | 10.19% | 9.77% |
MADCX BlackRock Emerging Markets Fund, Inc. | -1.26% | 30.47% | -1.09% | 10.77% | -24.12% | -1.14% | 24.53% | 12.49% |
Returns By Period
In the year-to-date period, FCEEX achieves a 1.82% return, which is significantly higher than MADCX's -1.26% return.
FCEEX
- 1D
- -0.96%
- 1M
- -11.83%
- YTD
- 1.82%
- 6M
- 5.92%
- 1Y
- 31.80%
- 3Y*
- 17.72%
- 5Y*
- 5.70%
- 10Y*
- —
MADCX
- 1D
- -1.02%
- 1M
- -14.25%
- YTD
- -1.26%
- 6M
- 4.27%
- 1Y
- 29.16%
- 3Y*
- 10.44%
- 5Y*
- -0.01%
- 10Y*
- 8.35%
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FCEEX vs. MADCX - Expense Ratio Comparison
FCEEX has a 0.17% expense ratio, which is lower than MADCX's 0.86% expense ratio.
Return for Risk
FCEEX vs. MADCX — Risk / Return Rank
FCEEX
MADCX
FCEEX vs. MADCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Emerging Market Core Equity (IU) Fund Advisor (FCEEX) and BlackRock Emerging Markets Fund, Inc. (MADCX). 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.
| FCEEX | MADCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.80 | 1.42 | +0.38 |
Sortino ratioReturn per unit of downside risk | 2.33 | 1.88 | +0.45 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.28 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.33 | 1.65 | +0.67 |
Martin ratioReturn relative to average drawdown | 9.14 | 7.10 | +2.04 |
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
| FCEEX | MADCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.42 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | -0.00 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.34 | +0.13 |
Correlation
The correlation between FCEEX and MADCX is 0.94, 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
FCEEX vs. MADCX - Dividend Comparison
FCEEX's dividend yield for the trailing twelve months is around 3.23%, less than MADCX's 4.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCEEX Franklin Emerging Market Core Equity (IU) Fund Advisor | 3.23% | 3.29% | 4.17% | 4.36% | 4.08% | 3.38% | 2.98% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% |
MADCX BlackRock Emerging Markets Fund, Inc. | 4.31% | 4.26% | 1.90% | 1.67% | 2.22% | 5.72% | 0.97% | 1.53% | 0.98% | 0.48% | 1.82% | 1.34% |
Drawdowns
FCEEX vs. MADCX - Drawdown Comparison
The maximum FCEEX drawdown since its inception was -34.68%, smaller than the maximum MADCX drawdown of -66.58%. Use the drawdown chart below to compare losses from any high point for FCEEX and MADCX.
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Drawdown Indicators
| FCEEX | MADCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.68% | -66.58% | +31.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.98% | -15.57% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -33.96% | -40.70% | +6.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.82% | — |
Current DrawdownCurrent decline from peak | -12.98% | -15.57% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -11.50% | -18.45% | +6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 3.62% | -0.32% |
Volatility
FCEEX vs. MADCX - Volatility Comparison
The current volatility for Franklin Emerging Market Core Equity (IU) Fund Advisor (FCEEX) is 8.12%, while BlackRock Emerging Markets Fund, Inc. (MADCX) has a volatility of 10.43%. This indicates that FCEEX experiences smaller price fluctuations and is considered to be less risky than MADCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCEEX | MADCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.12% | 10.43% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.24% | 15.69% | -2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.66% | 20.03% | -2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 17.44% | -0.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 18.25% | -0.09% |