MADVX vs. DGRO
Compare and contrast key facts about BlackRock Equity Dividend Fund (MADVX) and iShares Core Dividend Growth ETF (DGRO).
MADVX is managed by Blackrock. It was launched on Nov 29, 1988. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MADVX or DGRO.
Key characteristics
| MADVX | DGRO | |
|---|---|---|
| YTD Return | 12.41% | 16.70% |
| 1Y Return | 20.13% | 23.31% |
| 3Y Return (Ann) | 8.23% | 9.07% |
| 5Y Return (Ann) | 10.30% | 12.22% |
| 10Y Return (Ann) | 7.91% | 11.90% |
| Sharpe Ratio | 1.93 | 2.31 |
| Daily Std Dev | 10.40% | 10.15% |
| Max Drawdown | -50.00% | -35.10% |
| Current Drawdown | -1.30% | -0.06% |
Correlation
The correlation between MADVX and DGRO is 0.93, 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
MADVX vs. DGRO - Performance Comparison
In the year-to-date period, MADVX achieves a 12.41% return, which is significantly lower than DGRO's 16.70% return. Over the past 10 years, MADVX has underperformed DGRO with an annualized return of 7.91%, while DGRO has yielded a comparatively higher 11.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MADVX vs. DGRO - Expense Ratio Comparison
MADVX has a 0.68% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
MADVX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund (MADVX) and iShares Core Dividend Growth ETF (DGRO). 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
MADVX vs. DGRO - Dividend Comparison
MADVX's dividend yield for the trailing twelve months is around 8.82%, more than DGRO's 2.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 8.82% | 7.08% | 13.50% | 12.15% | 6.35% | 13.15% | 14.04% | 14.77% | 7.98% | 2.30% | 6.35% | 1.95% |
DGRO iShares Core Dividend Growth ETF | 2.19% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
MADVX vs. DGRO - Drawdown Comparison
The maximum MADVX drawdown since its inception was -50.00%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for MADVX and DGRO. For additional features, visit the drawdowns tool.
Volatility
MADVX vs. DGRO - Volatility Comparison
BlackRock Equity Dividend Fund (MADVX) and iShares Core Dividend Growth ETF (DGRO) have volatilities of 2.66% and 2.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.