MADVX vs. SPHD
Compare and contrast key facts about BlackRock Equity Dividend Fund (MADVX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).
MADVX is managed by Blackrock. It was launched on Nov 29, 1988. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MADVX or SPHD.
Correlation
The correlation between MADVX and SPHD is 0.82, 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. SPHD - Performance Comparison
Key characteristics
MADVX:
0.50
SPHD:
1.83
MADVX:
0.70
SPHD:
2.59
MADVX:
1.11
SPHD:
1.33
MADVX:
0.33
SPHD:
2.08
MADVX:
1.59
SPHD:
8.38
MADVX:
3.81%
SPHD:
2.45%
MADVX:
12.00%
SPHD:
11.19%
MADVX:
-50.66%
SPHD:
-41.39%
MADVX:
-13.34%
SPHD:
-5.57%
Returns By Period
In the year-to-date period, MADVX achieves a 3.22% return, which is significantly higher than SPHD's 0.87% return. Over the past 10 years, MADVX has underperformed SPHD with an annualized return of -0.38%, while SPHD has yielded a comparatively higher 8.03% annualized return.
MADVX
3.22%
3.11%
-1.68%
5.33%
0.41%
-0.38%
SPHD
0.87%
0.87%
6.32%
20.38%
6.48%
8.03%
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MADVX vs. SPHD - Expense Ratio Comparison
MADVX has a 0.68% expense ratio, which is higher than SPHD's 0.30% expense ratio.
Risk-Adjusted Performance
MADVX vs. SPHD — Risk-Adjusted Performance Rank
MADVX
SPHD
MADVX vs. SPHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund (MADVX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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. SPHD - Dividend Comparison
MADVX's dividend yield for the trailing twelve months is around 2.44%, less than SPHD's 3.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 2.44% | 2.52% | 2.14% | 1.76% | 1.47% | 1.86% | 1.96% | 2.33% | 1.77% | 1.95% | 2.30% | 1.96% |
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.06% | 3.41% | 4.48% | 3.89% | 3.46% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
Drawdowns
MADVX vs. SPHD - Drawdown Comparison
The maximum MADVX drawdown since its inception was -50.66%, which is greater than SPHD's maximum drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for MADVX and SPHD. For additional features, visit the drawdowns tool.
Volatility
MADVX vs. SPHD - Volatility Comparison
BlackRock Equity Dividend Fund (MADVX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) have volatilities of 4.02% and 4.11%, 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.