IJR vs. MDCPX
IJR (iShares Core S&P Small-Cap ETF) and MDCPX (BlackRock Balanced Capital Fund Investor A Shares) are both funds - IJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index, while MDCPX is a Diversified Portfolio fund actively managed by BlackRock. IJR is passively managed, while MDCPX is actively managed. Over the past 10 years, IJR returned 10.61%/yr vs 9.99%/yr for MDCPX. Their correlation of 0.83 suggests significant overlap in exposure. IJR charges 0.06%/yr vs 0.78%/yr for MDCPX.
Performance
IJR vs. MDCPX - Performance Comparison
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Returns By Period
In the year-to-date period, IJR achieves a 15.49% return, which is significantly higher than MDCPX's 6.42% return. Over the past 10 years, IJR has outperformed MDCPX with an annualized return of 10.61%, while MDCPX has yielded a comparatively lower 9.99% annualized return.
IJR
- 1D
- 0.65%
- 1M
- 0.17%
- YTD
- 15.49%
- 6M
- 15.12%
- 1Y
- 30.47%
- 3Y*
- 13.78%
- 5Y*
- 5.37%
- 10Y*
- 10.61%
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%
IJR vs. MDCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 15.49% | 5.89% | 8.63% | 16.06% | -16.20% | 26.58% | 11.28% | 22.82% | -8.51% | 13.15% |
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 IJR and MDCPX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since May 30, 2000 | 0.83 |
The correlation between IJR and MDCPX has been stable across timeframes, ranging from 0.73 to 0.83 - a consistent structural relationship.
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Return for Risk
IJR vs. MDCPX — Risk / Return Rank
IJR
MDCPX
IJR vs. MDCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Small-Cap ETF (IJR) 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.
| IJR | MDCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.38 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 2.80 | +0.72 |
| Martin ratioReturn relative to average drawdown | 11.72 | 12.12 | -0.40 |
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
| IJR | MDCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 2.04 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.72 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.87 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.66 | -0.22 |
Drawdowns
IJR vs. MDCPX - Drawdown Comparison
The maximum IJR drawdown since its inception was -58.15%, which is greater than MDCPX's maximum drawdown of -41.98%. Use the drawdown chart below to compare losses from any high point for IJR and MDCPX.
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Drawdown Indicators
| IJR | MDCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.15% | -41.98% | -16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -6.22% | -2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -28.02% | -10.65% | -17.37% |
Max Drawdown (5Y)Largest decline over 5 years | -28.02% | -21.99% | -6.03% |
Max Drawdown (10Y)Largest decline over 10 years | -44.36% | -24.58% | -19.78% |
Current DrawdownCurrent decline from peak | -1.20% | -2.36% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -9.28% | -5.09% | -4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 1.43% | +1.18% |
Volatility
IJR vs. MDCPX - Volatility Comparison
iShares Core S&P Small-Cap ETF (IJR) has a higher volatility of 4.73% compared to BlackRock Balanced Capital Fund Investor A Shares (MDCPX) at 3.07%. This indicates that IJR's price experiences larger fluctuations and is considered to be riskier 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
| IJR | MDCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.73% | 3.07% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.82% | 7.03% | +4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.63% | 8.55% | +9.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.42% | 11.09% | +10.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.92% | 11.48% | +11.44% |
IJR vs. MDCPX - Expense Ratio Comparison
IJR has a 0.06% expense ratio, which is lower than MDCPX's 0.78% expense ratio.
Dividends
IJR vs. MDCPX - Dividend Comparison
IJR's dividend yield for the trailing twelve months is around 1.15%, less than MDCPX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 1.15% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
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
IJR and MDCPX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IJR has higher volatility (4.73%) compared to MDCPX (3.07%). In terms of maximum drawdown, IJR dropped -58.15% vs MDCPX's -41.98%.
MDCPX currently has the higher Sharpe Ratio (2.04 vs 1.74), 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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