MADVX vs. OIEJX
Compare and contrast key facts about BlackRock Equity Dividend Fund (MADVX) and JPMorgan Equity Income Fund R6 (OIEJX).
MADVX is managed by Blackrock. It was launched on Nov 29, 1988. OIEJX is managed by JPMorgan Chase. It was launched on Jul 2, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MADVX or OIEJX.
Key characteristics
| MADVX | OIEJX | |
|---|---|---|
| YTD Return | 12.41% | 13.41% |
| 1Y Return | 20.13% | 18.90% |
| 3Y Return (Ann) | 8.23% | 8.02% |
| 5Y Return (Ann) | 10.30% | 10.27% |
| 10Y Return (Ann) | 7.91% | 9.84% |
| Sharpe Ratio | 1.93 | 1.78 |
| Daily Std Dev | 10.40% | 10.64% |
| Max Drawdown | -50.00% | -36.88% |
| Current Drawdown | -1.30% | -0.16% |
Correlation
The correlation between MADVX and OIEJX is 0.96, 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. OIEJX - Performance Comparison
In the year-to-date period, MADVX achieves a 12.41% return, which is significantly lower than OIEJX's 13.41% return. Over the past 10 years, MADVX has underperformed OIEJX with an annualized return of 7.91%, while OIEJX has yielded a comparatively higher 9.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MADVX vs. OIEJX - Expense Ratio Comparison
MADVX has a 0.68% expense ratio, which is higher than OIEJX's 0.45% expense ratio.
Risk-Adjusted Performance
MADVX vs. OIEJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund (MADVX) and JPMorgan Equity Income Fund R6 (OIEJX). 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. OIEJX - Dividend Comparison
MADVX's dividend yield for the trailing twelve months is around 8.82%, more than OIEJX's 2.68% 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% |
OIEJX JPMorgan Equity Income Fund R6 | 2.68% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.38% | 2.70% | 2.71% | 2.26% | 4.11% | 3.72% |
Drawdowns
MADVX vs. OIEJX - Drawdown Comparison
The maximum MADVX drawdown since its inception was -50.00%, which is greater than OIEJX's maximum drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for MADVX and OIEJX. For additional features, visit the drawdowns tool.
Volatility
MADVX vs. OIEJX - Volatility Comparison
The current volatility for BlackRock Equity Dividend Fund (MADVX) is 2.66%, while JPMorgan Equity Income Fund R6 (OIEJX) has a volatility of 2.93%. This indicates that MADVX experiences smaller price fluctuations and is considered to be less risky than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.