MADVX vs. SPYD
Compare and contrast key facts about BlackRock Equity Dividend Fund (MADVX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
MADVX is managed by Blackrock. It was launched on Nov 29, 1988. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MADVX or SPYD.
Correlation
The correlation between MADVX and SPYD is 0.84, 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. SPYD - Performance Comparison
Key characteristics
MADVX:
0.62
SPYD:
1.72
MADVX:
0.84
SPYD:
2.35
MADVX:
1.13
SPYD:
1.30
MADVX:
0.42
SPYD:
2.19
MADVX:
1.95
SPYD:
7.56
MADVX:
3.83%
SPYD:
2.87%
MADVX:
12.09%
SPYD:
12.59%
MADVX:
-50.66%
SPYD:
-46.42%
MADVX:
-12.14%
SPYD:
-5.26%
Returns By Period
In the year-to-date period, MADVX achieves a 4.64% return, which is significantly higher than SPYD's 2.36% return.
MADVX
4.64%
4.53%
0.07%
6.22%
0.74%
-0.25%
SPYD
2.36%
2.43%
6.70%
19.81%
7.16%
N/A
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. SPYD - Expense Ratio Comparison
MADVX has a 0.68% expense ratio, which is higher than SPYD's 0.07% expense ratio.
Risk-Adjusted Performance
MADVX vs. SPYD — Risk-Adjusted Performance Rank
MADVX
SPYD
MADVX vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund (MADVX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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. SPYD - Dividend Comparison
MADVX's dividend yield for the trailing twelve months is around 2.41%, less than SPYD's 4.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 2.41% | 2.52% | 2.14% | 1.76% | 1.47% | 1.86% | 1.96% | 2.33% | 1.77% | 1.95% | 2.30% | 1.96% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.21% | 4.31% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% |
Drawdowns
MADVX vs. SPYD - Drawdown Comparison
The maximum MADVX drawdown since its inception was -50.66%, which is greater than SPYD's maximum drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for MADVX and SPYD. For additional features, visit the drawdowns tool.
Volatility
MADVX vs. SPYD - Volatility Comparison
The current volatility for BlackRock Equity Dividend Fund (MADVX) is 4.14%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 4.90%. This indicates that MADVX experiences smaller price fluctuations and is considered to be less risky than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.