MACAX vs. BAICX
Compare and contrast key facts about Mutual of America Conservative Allocation Fund (MACAX) and BlackRock Multi-Asset Income Portfolio (BAICX).
MACAX is managed by Mutual of America. It was launched on Nov 29, 2021. BAICX is managed by Blackrock. It was launched on Apr 7, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MACAX or BAICX.
Correlation
The correlation between MACAX and BAICX is 0.78, 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.
Performance
MACAX vs. BAICX - Performance Comparison
Key characteristics
MACAX:
0.72
BAICX:
1.25
MACAX:
1.04
BAICX:
1.78
MACAX:
1.14
BAICX:
1.25
MACAX:
0.42
BAICX:
1.38
MACAX:
2.57
BAICX:
5.69
MACAX:
2.08%
BAICX:
1.38%
MACAX:
7.43%
BAICX:
6.29%
MACAX:
-22.91%
BAICX:
-33.29%
MACAX:
-8.10%
BAICX:
-2.30%
Returns By Period
In the year-to-date period, MACAX achieves a -0.00% return, which is significantly lower than BAICX's 0.86% return.
MACAX
-0.00%
-1.38%
-1.01%
4.86%
N/A
N/A
BAICX
0.86%
-0.95%
0.12%
7.52%
5.19%
3.62%
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MACAX vs. BAICX - Expense Ratio Comparison
MACAX has a 0.08% expense ratio, which is lower than BAICX's 0.81% expense ratio.
Risk-Adjusted Performance
MACAX vs. BAICX — Risk-Adjusted Performance Rank
MACAX
BAICX
MACAX vs. BAICX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mutual of America Conservative Allocation Fund (MACAX) and BlackRock Multi-Asset Income Portfolio (BAICX). 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.
Dividends
MACAX vs. BAICX - Dividend Comparison
MACAX's dividend yield for the trailing twelve months is around 3.11%, less than BAICX's 5.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MACAX Mutual of America Conservative Allocation Fund | 3.11% | 3.11% | 2.30% | 1.81% | 1.55% | 5.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BAICX BlackRock Multi-Asset Income Portfolio | 5.81% | 5.83% | 5.46% | 4.88% | 3.97% | 4.07% | 4.69% | 5.27% | 4.32% | 4.42% | 5.10% | 5.02% |
Drawdowns
MACAX vs. BAICX - Drawdown Comparison
The maximum MACAX drawdown since its inception was -22.91%, smaller than the maximum BAICX drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for MACAX and BAICX. For additional features, visit the drawdowns tool.
Volatility
MACAX vs. BAICX - Volatility Comparison
Mutual of America Conservative Allocation Fund (MACAX) has a higher volatility of 4.57% compared to BlackRock Multi-Asset Income Portfolio (BAICX) at 4.08%. This indicates that MACAX's price experiences larger fluctuations and is considered to be riskier than BAICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.