MAEFX vs. CAEZX
MAEFX (BlackRock EuroFund Fund) and CAEZX (Columbia Acorn European Fund) are both Europe Equities funds. Over the past 10 years, MAEFX returned 9.17%/yr vs 9.34%/yr for CAEZX. Their correlation of 0.86 suggests significant overlap in exposure. MAEFX charges 1.10%/yr vs 1.19%/yr for CAEZX.
Performance
MAEFX vs. CAEZX - Performance Comparison
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Returns By Period
In the year-to-date period, MAEFX achieves a 12.58% return, which is significantly higher than CAEZX's 5.88% return. Both investments have delivered pretty close results over the past 10 years, with MAEFX having a 9.17% annualized return and CAEZX not far ahead at 9.34%.
MAEFX
- 1D
- 1.39%
- 1M
- 9.27%
- YTD
- 12.58%
- 6M
- 12.13%
- 1Y
- 16.96%
- 3Y*
- 15.05%
- 5Y*
- 7.05%
- 10Y*
- 9.17%
CAEZX
- 1D
- 0.31%
- 1M
- 0.45%
- YTD
- 5.88%
- 6M
- 5.80%
- 1Y
- 12.38%
- 3Y*
- 11.26%
- 5Y*
- 1.39%
- 10Y*
- 9.34%
MAEFX vs. CAEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAEFX BlackRock EuroFund Fund | 12.58% | 20.07% | 7.21% | 20.70% | -23.85% | 19.53% | 19.34% | 25.17% | -19.83% | 22.42% |
CAEZX Columbia Acorn European Fund | 5.88% | 24.00% | -4.20% | 25.11% | -38.02% | 21.76% | 23.09% | 46.34% | -18.57% | 38.37% |
Correlation
The correlation between MAEFX and CAEZX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2011 | 0.86 |
The correlation between MAEFX and CAEZX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.
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Return for Risk
MAEFX vs. CAEZX — Risk / Return Rank
MAEFX
CAEZX
MAEFX vs. CAEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock EuroFund Fund (MAEFX) and Columbia Acorn European Fund (CAEZX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MAEFX | CAEZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.16 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 0.91 | +0.15 |
| Martin ratioReturn relative to average drawdown | 3.40 | 3.29 | +0.11 |
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Drawdowns
MAEFX vs. CAEZX - Drawdown Comparison
The maximum MAEFX drawdown since its inception was -62.58%, which is greater than CAEZX's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for MAEFX and CAEZX.
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Drawdown Indicators
| MAEFX | CAEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.58% | -50.98% | -11.60% |
Max Drawdown (1Y)Largest decline over 1 year | -17.14% | -14.38% | -2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -20.00% | -22.07% | +2.07% |
Max Drawdown (5Y)Largest decline over 5 years | -40.47% | -50.98% | +10.51% |
Max Drawdown (10Y)Largest decline over 10 years | -40.51% | -50.98% | +10.47% |
Current DrawdownCurrent decline from peak | 0.00% | -5.97% | +5.97% |
Average DrawdownAverage peak-to-trough decline | -11.62% | -11.50% | -0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.33% | 3.95% | +1.38% |
Volatility
MAEFX vs. CAEZX - Volatility Comparison
BlackRock EuroFund Fund (MAEFX) has a higher volatility of 7.99% compared to Columbia Acorn European Fund (CAEZX) at 4.60%. This indicates that MAEFX's price experiences larger fluctuations and is considered to be riskier than CAEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAEFX | CAEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.99% | 4.60% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 18.61% | 13.81% | +4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 16.21% | +5.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 21.84% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.61% | 20.86% | +0.75% |
MAEFX vs. CAEZX - Expense Ratio Comparison
MAEFX has a 1.10% expense ratio, which is lower than CAEZX's 1.19% expense ratio.
Dividends
MAEFX vs. CAEZX - Dividend Comparison
MAEFX's dividend yield for the trailing twelve months is around 10.29%, less than CAEZX's 20.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAEZX Columbia Acorn European Fund | 20.24% | 20.97% | 2.67% | 0.84% | 0.00% | 0.40% | 0.45% | 1.04% | 0.77% | 1.26% | 1.10% | 1.57% |
MAEFX BlackRock EuroFund Fund | 10.29% | 11.58% | 1.29% | 1.24% | 0.76% | 0.00% | 0.00% | 0.45% | 2.81% | 1.19% | 2.32% | 1.64% |
Frequently Asked Questions
MAEFX and CAEZX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAEFX has higher volatility (7.99%) compared to CAEZX (4.60%). In terms of maximum drawdown, MAEFX dropped -62.58% vs CAEZX's -50.98%.
MAEFX currently has the higher Sharpe Ratio (0.85 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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