LIVIX vs. MALRX

Last updated Jun 4, 2026

LIVIX (BlackRock LifePath Index 2055 Fund) and MALRX (BlackRock Advantage Large Cap Core Fund) are both mutual funds - LIVIX is a Target Retirement Date fund managed by BlackRock, while MALRX is a Large Cap Blend Equities fund managed by BlackRock. Over the past 10 years, LIVIX returned 12.04%/yr vs 15.63%/yr for MALRX. Their correlation of 0.94 suggests significant overlap in exposure. LIVIX charges 0.10%/yr vs 0.48%/yr for MALRX.

Performance

LIVIX vs. MALRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Index 2055 Fund (LIVIX) and BlackRock Advantage Large Cap Core Fund (MALRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with LIVIX having a 13.10% return and MALRX slightly higher at 13.29%. Over the past 10 years, LIVIX has underperformed MALRX with an annualized return of 12.04%, while MALRX has yielded a comparatively higher 15.63% annualized return.

LIVIX

• 1D: 0.47%
• 1M: 5.62%
• YTD: 13.10%
• 6M: 13.99%
• 1Y: 29.98%
• 3Y*: 19.96%
• 5Y*: 10.51%
• 10Y*: 12.04%

MALRX

• 1D: 0.37%
• 1M: 6.19%
• YTD: 13.29%
• 6M: 14.22%
• 1Y: 34.40%
• 3Y*: 24.70%
• 5Y*: 14.19%
• 10Y*: 15.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LIVIX vs. MALRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LIVIX BlackRock LifePath Index 2055 Fund	13.10%	21.57%	13.60%	21.62%	-18.38%	18.75%	14.99%	26.76%	-7.83%	21.38%
MALRX BlackRock Advantage Large Cap Core Fund	13.29%	20.30%	25.65%	25.62%	-20.10%	28.00%	19.96%	29.16%	-5.39%	20.30%

Correlation

The correlation between LIVIX and MALRX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011	0.94

The correlation between LIVIX and MALRX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

LIVIX vs. MALRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LIVIX

LIVIX Risk / Return Rank: 69
LIVIX Sharpe Ratio Rank: 70
LIVIX Sortino Ratio Rank: 65
LIVIX Omega Ratio Rank: 62
LIVIX Calmar Ratio Rank: 70
LIVIX Martin Ratio Rank: 76

MALRX

MALRX Risk / Return Rank: 85
MALRX Sharpe Ratio Rank: 88
MALRX Sortino Ratio Rank: 82
MALRX Omega Ratio Rank: 78
MALRX Calmar Ratio Rank: 85
MALRX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LIVIX vs. MALRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Fund (LIVIX) and BlackRock Advantage Large Cap Core Fund (MALRX). 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.

	LIVIX	MALRX	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.88	-0.45
Sortino ratio: Return per unit of downside risk	3.37	3.89	-0.52
Omega ratio: Gain probability vs. loss probability	1.44	1.51	-0.07
Calmar ratio: Return relative to maximum drawdown	3.22	4.10	-0.87
Martin ratio: Return relative to average drawdown	14.29	20.46	-6.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LIVIX vs. MALRX - Sharpe Ratio Comparison

The current LIVIX Sharpe Ratio is 2.43, which is comparable to the MALRX Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of LIVIX and MALRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LIVIX	MALRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	2.88	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.82	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.85	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.47	+0.18

Drawdowns

LIVIX vs. MALRX - Drawdown Comparison

The maximum LIVIX drawdown since its inception was -34.44%, smaller than the maximum MALRX drawdown of -54.29%. Use the drawdown chart below to compare losses from any high point for LIVIX and MALRX.

Drawdown Indicators

	LIVIX	MALRX	Difference
Max Drawdown Largest peak-to-trough decline	-34.44%	-54.29%	+19.85%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-8.61%	-0.83%
Max Drawdown (3Y) Largest decline over 3 years	-17.39%	-19.61%	+2.22%
Max Drawdown (5Y) Largest decline over 5 years	-26.45%	-26.18%	-0.27%
Max Drawdown (10Y) Largest decline over 10 years	-34.44%	-34.30%	-0.14%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.52%	-11.40%	+6.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.72%	+0.41%

Volatility

LIVIX vs. MALRX - Volatility Comparison

BlackRock LifePath Index 2055 Fund (LIVIX) has a higher volatility of 3.86% compared to BlackRock Advantage Large Cap Core Fund (MALRX) at 2.84%. This indicates that LIVIX's price experiences larger fluctuations and is considered to be riskier than MALRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIVIX	MALRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	2.84%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	9.41%	+0.65%
Volatility (1Y) Calculated over the trailing 1-year period	12.54%	12.27%	+0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	17.35%	-1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.72%	18.38%	-1.66%

LIVIX vs. MALRX - Expense Ratio Comparison

LIVIX has a 0.10% expense ratio, which is lower than MALRX's 0.48% expense ratio.

Dividends

LIVIX vs. MALRX - Dividend Comparison

LIVIX's dividend yield for the trailing twelve months is around 2.19%, less than MALRX's 7.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIVIX BlackRock LifePath Index 2055 Fund	2.19%	2.48%	0.01%	2.04%	1.96%	2.04%	1.56%	2.95%	2.35%	2.27%	1.54%	2.88%
MALRX BlackRock Advantage Large Cap Core Fund	7.60%	8.61%	14.11%	0.97%	6.51%	19.52%	4.76%	4.06%	10.11%	36.43%	6.02%	3.09%

Frequently Asked Questions

Can I hold both LIVIX and MALRX in my portfolio?

With a correlation of 0.94, LIVIX and MALRX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LIVIX or MALRX?

LIVIX has higher volatility (3.86%) compared to MALRX (2.84%). In terms of maximum drawdown, LIVIX dropped -34.44% vs MALRX's -54.29%.

Which has better risk-adjusted returns?

MALRX currently has the higher Sharpe Ratio (2.88 vs 2.43), 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.