MAEGX vs. BDMIX
Compare and contrast key facts about BlackRock Unconstrained Equity Fund (MAEGX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
MAEGX is managed by BlackRock. It was launched on Nov 3, 2005. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
MAEGX vs. BDMIX - Performance Comparison
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MAEGX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAEGX BlackRock Unconstrained Equity Fund | -4.78% | 12.30% | 7.62% | 33.37% | -20.23% | 20.72% | 21.90% | 32.76% | -4.54% | 24.80% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 4.32% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Returns By Period
In the year-to-date period, MAEGX achieves a -4.78% return, which is significantly lower than BDMIX's 4.32% return. Over the past 10 years, MAEGX has outperformed BDMIX with an annualized return of 10.96%, while BDMIX has yielded a comparatively lower 7.29% annualized return.
MAEGX
- 1D
- 3.96%
- 1M
- -7.49%
- YTD
- -4.78%
- 6M
- -4.47%
- 1Y
- 13.95%
- 3Y*
- 9.49%
- 5Y*
- 7.01%
- 10Y*
- 10.96%
BDMIX
- 1D
- 0.73%
- 1M
- 1.60%
- YTD
- 4.32%
- 6M
- 8.75%
- 1Y
- 17.17%
- 3Y*
- 18.86%
- 5Y*
- 11.38%
- 10Y*
- 7.29%
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MAEGX vs. BDMIX - Expense Ratio Comparison
MAEGX has a 0.95% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
MAEGX vs. BDMIX — Risk / Return Rank
MAEGX
BDMIX
MAEGX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Unconstrained Equity Fund (MAEGX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| MAEGX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 2.55 | -1.88 |
Sortino ratioReturn per unit of downside risk | 1.12 | 3.73 | -2.61 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.48 | -0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 5.14 | -3.99 |
Martin ratioReturn relative to average drawdown | 4.34 | 14.25 | -9.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MAEGX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 2.55 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 1.76 | -1.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 1.27 | -0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 1.15 | -0.67 |
Correlation
The correlation between MAEGX and BDMIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MAEGX vs. BDMIX - Dividend Comparison
MAEGX has not paid dividends to shareholders, while BDMIX's dividend yield for the trailing twelve months is around 8.56%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAEGX BlackRock Unconstrained Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 18.13% | 22.75% | 10.44% | 12.01% | 8.53% | 4.06% | 0.93% | 8.22% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.56% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
MAEGX vs. BDMIX - Drawdown Comparison
The maximum MAEGX drawdown since its inception was -48.71%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for MAEGX and BDMIX.
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Drawdown Indicators
| MAEGX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.71% | -11.89% | -36.82% |
Max Drawdown (1Y)Largest decline over 1 year | -12.69% | -3.60% | -9.09% |
Max Drawdown (5Y)Largest decline over 5 years | -31.26% | -7.45% | -23.81% |
Max Drawdown (10Y)Largest decline over 10 years | -31.93% | -9.44% | -22.49% |
Current DrawdownCurrent decline from peak | -9.23% | -0.13% | -9.10% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -2.71% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 1.30% | +2.03% |
Volatility
MAEGX vs. BDMIX - Volatility Comparison
BlackRock Unconstrained Equity Fund (MAEGX) has a higher volatility of 8.18% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.72%. This indicates that MAEGX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAEGX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 1.72% | +6.46% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 4.78% | +8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.15% | 6.93% | +15.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.30% | 6.51% | +13.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 5.77% | +13.07% |