LPHIX vs. MADVX
LPHIX (BlackRock LifePath Dynamic 2045 Fund) and MADVX (BlackRock Equity Dividend Fund) are both mutual funds - LPHIX is a Target Retirement Date fund managed by BlackRock, while MADVX is a Large Cap Value Equities fund managed by BlackRock. Over the past 10 years, LPHIX returned 10.30%/yr vs 11.81%/yr for MADVX. Their correlation of 0.86 means they have usually moved in the same direction. LPHIX charges 0.47%/yr vs 0.68%/yr for MADVX.
Performance
LPHIX vs. MADVX - Performance Comparison
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Returns By Period
In the year-to-date period, LPHIX achieves a 10.69% return, which is significantly lower than MADVX's 15.65% return. Over the past 10 years, LPHIX has underperformed MADVX with an annualized return of 10.30%, while MADVX has yielded a comparatively higher 11.81% annualized return.
LPHIX
- 1D
- 2.31%
- 1M
- 0.33%
- 6M
- 7.48%
- YTD
- 10.69%
- 1Y
- 21.07%
- 3Y*
- 13.07%
- 5Y*
- 7.62%
- 10Y*
- 10.30%
- ALL TIME*
- 9.91%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LPHIX vs. MADVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPHIX BlackRock LifePath Dynamic 2045 Fund | 10.69% | 18.46% | 6.12% | 21.28% | -17.70% | 17.37% | 13.99% | 26.39% | -8.12% | 21.70% |
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 LPHIX and MADVX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2010 | 0.86 |
The correlation between LPHIX and MADVX shifts across timeframes, from 0.73 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LPHIX vs. MADVX — Risk / Return Rank
LPHIX
MADVX
LPHIX vs. MADVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2045 Fund (LPHIX) 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.
| LPHIX | MADVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.39 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 2.88 | -0.58 |
| Martin ratioReturn relative to average drawdown | 9.60 | 12.34 | -2.74 |
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Drawdowns
LPHIX vs. MADVX - Drawdown Comparison
The maximum LPHIX drawdown since its inception was -34.35%, smaller than the maximum MADVX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for LPHIX and MADVX.
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Drawdown Indicators
| LPHIX | MADVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.35% | -50.00% | +15.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.53% | -9.01% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -21.26% | -15.22% | -6.04% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -18.05% | -7.86% |
Max Drawdown (10Y)Largest decline over 10 years | -34.35% | -35.94% | +1.59% |
Current DrawdownCurrent decline from peak | -1.13% | -0.22% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -5.27% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.11% | -0.07% |
Volatility
LPHIX vs. MADVX - Volatility Comparison
BlackRock LifePath Dynamic 2045 Fund (LPHIX) has a higher volatility of 3.86% compared to BlackRock Equity Dividend Fund (MADVX) at 3.39%. This indicates that LPHIX's price experiences larger fluctuations and is considered to be riskier than MADVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPHIX | MADVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.39% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 11.02% | 9.42% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.24% | 11.84% | +1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 14.20% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.75% | 16.30% | -0.55% |
LPHIX vs. MADVX - Expense Ratio Comparison
LPHIX has a 0.47% expense ratio, which is lower than MADVX's 0.68% expense ratio.
Dividends
LPHIX vs. MADVX - Dividend Comparison
LPHIX's dividend yield for the trailing twelve months is around 5.24%, less than MADVX's 14.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LPHIX BlackRock LifePath Dynamic 2045 Fund | 5.24% | 5.78% | 1.10% | 3.13% | 2.54% | 12.37% | 1.92% | 5.15% | 11.30% | 9.47% | 2.01% | 4.78% |
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
LPHIX and MADVX 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.
LPHIX has higher volatility (3.86%) compared to MADVX (3.39%). In terms of maximum drawdown, LPHIX dropped -34.35% vs MADVX's -50.00%.
MADVX currently has the higher Sharpe Ratio (2.20 vs 1.49), 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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