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:
0.40
SPHD:
2.20
MADVX:
0.58
SPHD:
3.03
MADVX:
1.09
SPHD:
1.40
MADVX:
0.28
SPHD:
2.70
MADVX:
1.14
SPHD:
8.39
MADVX:
4.23%
SPHD:
2.82%
MADVX:
11.96%
SPHD:
10.71%
MADVX:
-50.66%
SPHD:
-41.39%
MADVX:
-11.12%
SPHD:
-2.44%
Returns By Period
In the year-to-date period, MADVX achieves a 5.85% return, which is significantly higher than SPHD's 4.21% return. Over the past 10 years, MADVX has underperformed SPHD with an annualized return of -0.39%, while SPHD has yielded a comparatively higher 8.47% annualized return.
MADVX
5.85%
1.52%
-2.19%
3.92%
1.23%
-0.39%
SPHD
4.21%
3.91%
4.10%
22.46%
7.44%
8.47%
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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 2.38%, less than SPHD's 2.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 2.38% | 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 | 2.96% | 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
The current volatility for BlackRock Equity Dividend Fund (MADVX) is 2.17%, while Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) has a volatility of 2.56%. This indicates that MADVX experiences smaller price fluctuations and is considered to be less risky than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.