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.
Performance
MADVX vs. SPYD - Performance Comparison
Returns By Period
In the year-to-date period, MADVX achieves a 14.22% return, which is significantly lower than SPYD's 20.81% return.
MADVX
14.22%
0.19%
5.11%
21.15%
9.80%
7.92%
SPYD
20.81%
0.57%
14.66%
34.60%
8.51%
N/A
Key characteristics
| MADVX | SPYD | |
|---|---|---|
| Sharpe Ratio | 2.16 | 2.59 |
| Sortino Ratio | 3.03 | 3.61 |
| Omega Ratio | 1.39 | 1.46 |
| Calmar Ratio | 4.34 | 2.11 |
| Martin Ratio | 13.38 | 17.21 |
| Ulcer Index | 1.58% | 1.97% |
| Daily Std Dev | 9.79% | 13.03% |
| Max Drawdown | -50.00% | -46.42% |
| Current Drawdown | -1.52% | -0.78% |
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.
Correlation
The correlation between MADVX and SPYD is 0.85, 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.
Risk-Adjusted Performance
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 2.35%, less than SPYD's 4.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 2.35% | 2.14% | 1.76% | 1.47% | 1.86% | 1.96% | 2.33% | 1.77% | 1.95% | 2.30% | 1.96% | 1.86% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.04% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% | 0.00% | 0.00% |
Drawdowns
MADVX vs. SPYD - Drawdown Comparison
The maximum MADVX drawdown since its inception was -50.00%, 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
BlackRock Equity Dividend Fund (MADVX) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD) have volatilities of 3.27% and 3.20%, 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.