MACPX vs. NDARX
MACPX (BlackRock Sustainable Balanced Fund) and NDARX (American Funds Retirement Income Portfolio - Enhanced) are both Diversified Portfolio funds. Over the past 10 years, MACPX returned 10.72%/yr vs 8.60%/yr for NDARX. Their correlation of 0.91 suggests significant overlap in exposure. MACPX charges 0.50%/yr vs 0.34%/yr for NDARX.
Performance
MACPX vs. NDARX - Performance Comparison
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Returns By Period
In the year-to-date period, MACPX achieves a 8.17% return, which is significantly higher than NDARX's 6.40% return. Over the past 10 years, MACPX has outperformed NDARX with an annualized return of 10.72%, while NDARX has yielded a comparatively lower 8.60% annualized return.
MACPX
- 1D
- -0.24%
- 1M
- 0.82%
- YTD
- 8.17%
- 6M
- 7.77%
- 1Y
- 18.95%
- 3Y*
- 14.70%
- 5Y*
- 8.48%
- 10Y*
- 10.72%
NDARX
- 1D
- -0.12%
- 1M
- 0.56%
- YTD
- 6.40%
- 6M
- 6.18%
- 1Y
- 16.41%
- 3Y*
- 14.40%
- 5Y*
- 7.97%
- 10Y*
- 8.60%
MACPX vs. NDARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MACPX BlackRock Sustainable Balanced Fund | 8.17% | 15.58% | 12.77% | 16.88% | -15.50% | 16.76% | 15.37% | 21.86% | -3.18% | 14.61% |
NDARX American Funds Retirement Income Portfolio - Enhanced | 6.40% | 17.21% | 11.68% | 12.03% | -10.98% | 15.09% | 7.10% | 17.88% | -4.99% | 13.62% |
Correlation
The correlation between MACPX and NDARX 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 | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.91 |
The correlation between MACPX and NDARX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
MACPX vs. NDARX — Risk / Return Rank
MACPX
NDARX
MACPX vs. NDARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Balanced Fund (MACPX) and American Funds Retirement Income Portfolio - Enhanced (NDARX). 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.
| MACPX | NDARX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 2.49 | +0.71 |
| Martin ratioReturn relative to average drawdown | 13.49 | 11.09 | +2.40 |
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Drawdowns
MACPX vs. NDARX - Drawdown Comparison
The maximum MACPX drawdown since its inception was -41.75%, which is greater than NDARX's maximum drawdown of -23.62%. Use the drawdown chart below to compare losses from any high point for MACPX and NDARX.
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Drawdown Indicators
| MACPX | NDARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.75% | -23.62% | -18.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | -6.86% | +0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -10.62% | -9.18% | -1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -21.84% | -18.37% | -3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -24.59% | -23.62% | -0.97% |
Current DrawdownCurrent decline from peak | -0.90% | -0.62% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -3.08% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 1.53% | -0.07% |
Volatility
MACPX vs. NDARX - Volatility Comparison
BlackRock Sustainable Balanced Fund (MACPX) has a higher volatility of 3.44% compared to American Funds Retirement Income Portfolio - Enhanced (NDARX) at 2.69%. This indicates that MACPX's price experiences larger fluctuations and is considered to be riskier than NDARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MACPX | NDARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 2.69% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 6.49% | +0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.77% | 7.97% | +0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.17% | 9.54% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.51% | 10.23% | +1.28% |
MACPX vs. NDARX - Expense Ratio Comparison
MACPX has a 0.50% expense ratio, which is higher than NDARX's 0.34% expense ratio.
Dividends
MACPX vs. NDARX - Dividend Comparison
MACPX's dividend yield for the trailing twelve months is around 8.13%, more than NDARX's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MACPX BlackRock Sustainable Balanced Fund | 8.13% | 8.79% | 7.66% | 3.00% | 3.91% | 12.46% | 4.22% | 5.49% | 8.12% | 19.65% | 4.94% | 5.32% |
NDARX American Funds Retirement Income Portfolio - Enhanced | 4.92% | 5.78% | 3.07% | 3.37% | 5.60% | 4.29% | 2.91% | 4.03% | 4.29% | 2.68% | 2.86% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, MACPX and NDARX 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.
MACPX has higher volatility (3.44%) compared to NDARX (2.69%). In terms of maximum drawdown, MACPX dropped -41.75% vs NDARX's -23.62%.
MACPX currently has the higher Sharpe Ratio (2.25 vs 2.14), 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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