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 0.85, 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.
Performance
MADVX vs. SPYD - Performance Comparison
Key characteristics
MADVX:
1.22
SPYD:
1.38
MADVX:
1.73
SPYD:
1.93
MADVX:
1.22
SPYD:
1.25
MADVX:
1.64
SPYD:
1.77
MADVX:
6.56
SPYD:
7.63
MADVX:
1.84%
SPYD:
2.30%
MADVX:
9.92%
SPYD:
12.68%
MADVX:
-50.66%
SPYD:
-46.42%
MADVX:
-6.23%
SPYD:
-7.51%
Returns By Period
In the year-to-date period, MADVX achieves a 9.78% return, which is significantly lower than SPYD's 15.26% return.
MADVX
9.78%
-3.88%
2.56%
11.11%
8.28%
4.25%
SPYD
15.26%
-5.68%
10.33%
16.00%
6.87%
N/A
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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 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 11.20%, more than SPYD's 4.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund | 11.20% | 7.08% | 13.50% | 12.15% | 6.35% | 13.15% | 2.33% | 1.77% | 1.95% | 2.30% | 1.96% | 1.86% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.31% | 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 -50.66%, 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 3.36%, while SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a volatility of 4.44%. 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.