IEF vs. MALOX
IEF (iShares 7-10 Year Treasury Bond ETF) and MALOX (BlackRock Global Allocation Fund) are both funds - IEF is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index, while MALOX is a Global Allocation fund managed by BlackRock. Over the past 10 years, IEF returned 0.59%/yr vs 8.57%/yr for MALOX. At a correlation of -0.14, they often move in opposite directions. IEF charges 0.15%/yr vs 0.81%/yr for MALOX.
Performance
IEF vs. MALOX - Performance Comparison
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Returns By Period
In the year-to-date period, IEF achieves a -0.47% return, which is significantly lower than MALOX's 6.67% return. Over the past 10 years, IEF has underperformed MALOX with an annualized return of 0.59%, while MALOX has yielded a comparatively higher 8.57% annualized return.
IEF
- 1D
- -0.17%
- 1M
- 0.19%
- YTD
- -0.47%
- 6M
- -0.18%
- 1Y
- 3.39%
- 3Y*
- 2.86%
- 5Y*
- -1.24%
- 10Y*
- 0.59%
MALOX
- 1D
- 1.82%
- 1M
- 0.37%
- YTD
- 6.67%
- 6M
- 7.72%
- 1Y
- 17.20%
- 3Y*
- 13.96%
- 5Y*
- 5.62%
- 10Y*
- 8.57%
IEF vs. MALOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | -0.47% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
MALOX BlackRock Global Allocation Fund | 6.67% | 19.63% | 9.23% | 12.63% | -15.86% | 6.69% | 24.93% | 17.56% | -7.40% | 13.59% |
Correlation
The correlation between IEF and MALOX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2002 | -0.14 |
The correlation between IEF and MALOX shifts across timeframes, from -0.14 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IEF vs. MALOX — Risk / Return Rank
IEF
MALOX
IEF vs. MALOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 7-10 Year Treasury Bond ETF (IEF) and BlackRock Global Allocation Fund (MALOX). 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.
| IEF | MALOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.32 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 2.16 | -1.32 |
| Martin ratioReturn relative to average drawdown | 2.35 | 9.17 | -6.82 |
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Drawdowns
IEF vs. MALOX - Drawdown Comparison
The maximum IEF drawdown since its inception was -23.93%, smaller than the maximum MALOX drawdown of -32.83%. Use the drawdown chart below to compare losses from any high point for IEF and MALOX.
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Drawdown Indicators
| IEF | MALOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.93% | -32.83% | +8.90% |
Max Drawdown (1Y)Largest decline over 1 year | -4.07% | -8.31% | +4.24% |
Max Drawdown (3Y)Largest decline over 3 years | -7.74% | -10.04% | +2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -21.40% | -22.76% | +1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -23.93% | -22.76% | -1.17% |
Current DrawdownCurrent decline from peak | -11.18% | -1.45% | -9.73% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -3.92% | -1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 1.95% | -0.50% |
Volatility
IEF vs. MALOX - Volatility Comparison
The current volatility for iShares 7-10 Year Treasury Bond ETF (IEF) is 1.62%, while BlackRock Global Allocation Fund (MALOX) has a volatility of 4.13%. This indicates that IEF experiences smaller price fluctuations and is considered to be less risky than MALOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEF | MALOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 4.13% | -2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 3.42% | 8.50% | -5.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.72% | 10.10% | -5.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.71% | 10.96% | -3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.63% | 10.75% | -4.12% |
IEF vs. MALOX - Expense Ratio Comparison
IEF has a 0.15% expense ratio, which is lower than MALOX's 0.81% expense ratio.
Dividends
IEF vs. MALOX - Dividend Comparison
IEF's dividend yield for the trailing twelve months is around 3.89%, less than MALOX's 8.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.89% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
MALOX BlackRock Global Allocation Fund | 8.64% | 9.22% | 7.68% | 1.54% | 6.01% | 10.32% | 10.15% | 5.68% | 5.50% | 4.81% | 2.10% | 9.86% |
Frequently Asked Questions
IEF and MALOX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MALOX has higher volatility (4.13%) compared to IEF (1.62%). In terms of maximum drawdown, IEF dropped -23.93% vs MALOX's -32.83%.
MALOX currently has the higher Sharpe Ratio (1.77 vs 0.72), 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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