MACPX vs. WFSPX
MACPX (BlackRock Sustainable Balanced Fund) and WFSPX (iShares S&P 500 Index Fund) are both mutual funds - MACPX is a Diversified Portfolio fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, MACPX returned 10.51%/yr vs 15.46%/yr for WFSPX. Their correlation of 0.92 suggests significant overlap in exposure. MACPX charges 0.50%/yr vs 0.03%/yr for WFSPX.
Performance
MACPX vs. WFSPX - Performance Comparison
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Returns By Period
In the year-to-date period, MACPX achieves a 8.42% return, which is significantly lower than WFSPX's 10.87% return. Over the past 10 years, MACPX has underperformed WFSPX with an annualized return of 10.51%, while WFSPX has yielded a comparatively higher 15.46% annualized return.
MACPX
- 1D
- -0.67%
- 1M
- 2.30%
- YTD
- 8.42%
- 6M
- 9.24%
- 1Y
- 19.28%
- 3Y*
- 15.12%
- 5Y*
- 8.59%
- 10Y*
- 10.51%
WFSPX
- 1D
- -0.74%
- 1M
- 4.17%
- YTD
- 10.87%
- 6M
- 10.77%
- 1Y
- 27.97%
- 3Y*
- 22.41%
- 5Y*
- 13.88%
- 10Y*
- 15.46%
MACPX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MACPX BlackRock Sustainable Balanced Fund | 8.42% | 15.58% | 12.77% | 16.88% | -15.50% | 16.76% | 15.37% | 21.86% | -3.18% | 14.61% |
WFSPX iShares S&P 500 Index Fund | 10.87% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between MACPX and WFSPX is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 1993 | 0.92 |
The correlation between MACPX and WFSPX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.
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Return for Risk
MACPX vs. WFSPX — Risk / Return Rank
MACPX
WFSPX
MACPX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Sustainable Balanced Fund (MACPX) and iShares S&P 500 Index Fund (WFSPX). 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.
| MACPX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.43 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 3.16 | +0.06 |
| Martin ratioReturn relative to average drawdown | 13.98 | 14.75 | -0.77 |
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
| MACPX | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.37 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.83 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | 0.86 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.13 | +0.54 |
Drawdowns
MACPX vs. WFSPX - Drawdown Comparison
The maximum MACPX drawdown since its inception was -41.75%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for MACPX and WFSPX.
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Drawdown Indicators
| MACPX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.75% | -58.21% | +16.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.18% | -8.90% | +2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -10.62% | -18.74% | +8.12% |
Max Drawdown (5Y)Largest decline over 5 years | -21.84% | -24.51% | +2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -24.59% | -33.74% | +9.15% |
Current DrawdownCurrent decline from peak | -0.67% | -0.74% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -12.77% | +7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 1.90% | -0.49% |
Volatility
MACPX vs. WFSPX - Volatility Comparison
The current volatility for BlackRock Sustainable Balanced Fund (MACPX) is 2.67%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 2.92%. This indicates that MACPX experiences smaller price fluctuations and is considered to be less risky than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MACPX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.67% | 2.92% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 6.69% | 8.99% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.27% | 11.88% | -3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.10% | 16.88% | -5.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.47% | 18.02% | -6.55% |
MACPX vs. WFSPX - Expense Ratio Comparison
MACPX has a 0.50% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Dividends
MACPX vs. WFSPX - Dividend Comparison
MACPX's dividend yield for the trailing twelve months is around 8.11%, more than WFSPX's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MACPX BlackRock Sustainable Balanced Fund | 8.11% | 8.79% | 7.66% | 3.00% | 3.91% | 12.46% | 4.22% | 5.49% | 8.12% | 19.65% | 4.94% | 5.32% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
With a correlation of 0.93, MACPX and WFSPX 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.
WFSPX has higher volatility (2.92%) compared to MACPX (2.67%). In terms of maximum drawdown, MACPX dropped -41.75% vs WFSPX's -58.21%.
MACPX currently has the higher Sharpe Ratio (2.40 vs 2.37), 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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