MADCX vs. VOO
Compare and contrast key facts about BlackRock Emerging Markets Fund, Inc. (MADCX) and Vanguard S&P 500 ETF (VOO).
MADCX is managed by BlackRock. It was launched on Aug 31, 1989. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
MADCX vs. VOO - Performance Comparison
Loading graphics...
MADCX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MADCX BlackRock Emerging Markets Fund, Inc. | 1.43% | 30.47% | -1.09% | 10.77% | -24.12% | -1.14% | 24.53% | 26.47% | -10.73% | 42.09% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, MADCX achieves a 1.43% return, which is significantly higher than VOO's -3.66% return. Over the past 10 years, MADCX has underperformed VOO with an annualized return of 8.65%, while VOO has yielded a comparatively higher 14.14% annualized return.
MADCX
- 1D
- 2.72%
- 1M
- -10.92%
- YTD
- 1.43%
- 6M
- 6.19%
- 1Y
- 31.88%
- 3Y*
- 11.43%
- 5Y*
- 0.21%
- 10Y*
- 8.65%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MADCX vs. VOO - Expense Ratio Comparison
MADCX has a 0.86% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
MADCX vs. VOO — Risk / Return Rank
MADCX
VOO
MADCX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Emerging Markets Fund, Inc. (MADCX) and Vanguard S&P 500 ETF (VOO). 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.
| MADCX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.63 | 1.01 | +0.62 |
Sortino ratioReturn per unit of downside risk | 2.13 | 1.53 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.23 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.55 | +0.48 |
Martin ratioReturn relative to average drawdown | 8.51 | 7.31 | +1.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MADCX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 1.01 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.71 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.79 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.83 | -0.49 |
Correlation
The correlation between MADCX and VOO is 0.70, 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.
Dividends
MADCX vs. VOO - Dividend Comparison
MADCX's dividend yield for the trailing twelve months is around 4.20%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADCX BlackRock Emerging Markets Fund, Inc. | 4.20% | 4.26% | 1.90% | 1.67% | 2.22% | 5.72% | 0.97% | 1.53% | 0.98% | 0.48% | 1.82% | 1.34% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
MADCX vs. VOO - Drawdown Comparison
The maximum MADCX drawdown since its inception was -66.58%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MADCX and VOO.
Loading graphics...
Drawdown Indicators
| MADCX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.58% | -33.99% | -32.59% |
Max Drawdown (1Y)Largest decline over 1 year | -15.57% | -11.98% | -3.59% |
Max Drawdown (5Y)Largest decline over 5 years | -40.70% | -24.52% | -16.18% |
Max Drawdown (10Y)Largest decline over 10 years | -43.82% | -33.99% | -9.83% |
Current DrawdownCurrent decline from peak | -13.27% | -5.55% | -7.72% |
Average DrawdownAverage peak-to-trough decline | -18.45% | -3.72% | -14.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 2.55% | +1.17% |
Volatility
MADCX vs. VOO - Volatility Comparison
BlackRock Emerging Markets Fund, Inc. (MADCX) has a higher volatility of 10.96% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that MADCX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MADCX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 5.34% | +5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.88% | 9.47% | +6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.16% | 18.11% | +2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.48% | 16.82% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 17.99% | +0.28% |