MAIIX vs. MGC
Compare and contrast key facts about iShares MSCI EAFE International Index Fund (MAIIX) and Vanguard Mega Cap ETF (MGC).
MAIIX is managed by Blackrock. It was launched on Apr 9, 1997. MGC is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mega Cap Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAIIX or MGC.
Key characteristics
| MAIIX | MGC | |
|---|---|---|
| YTD Return | 7.77% | 15.53% |
| 1Y Return | 16.77% | 24.75% |
| 3Y Return (Ann) | 2.40% | 8.09% |
| 5Y Return (Ann) | 7.45% | 15.30% |
| 10Y Return (Ann) | 4.89% | 13.08% |
| Sharpe Ratio | 1.28 | 1.87 |
| Daily Std Dev | 12.81% | 13.10% |
| Max Drawdown | -61.06% | -52.20% |
| Current Drawdown | -4.05% | -4.97% |
Correlation
The correlation between MAIIX and MGC is 0.80, 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
MAIIX vs. MGC - Performance Comparison
In the year-to-date period, MAIIX achieves a 7.77% return, which is significantly lower than MGC's 15.53% return. Over the past 10 years, MAIIX has underperformed MGC with an annualized return of 4.89%, while MGC has yielded a comparatively higher 13.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MAIIX vs. MGC - Expense Ratio Comparison
MAIIX has a 0.09% expense ratio, which is higher than MGC's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MAIIX vs. MGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE International Index Fund (MAIIX) and Vanguard Mega Cap ETF (MGC). 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
MAIIX vs. MGC - Dividend Comparison
MAIIX's dividend yield for the trailing twelve months is around 3.03%, more than MGC's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIIX iShares MSCI EAFE International Index Fund | 3.03% | 3.16% | 2.76% | 3.00% | 1.94% | 3.29% | 4.53% | 2.42% | 2.81% | 2.41% | 0.80% | 2.39% |
MGC Vanguard Mega Cap ETF | 1.26% | 1.35% | 1.65% | 1.17% | 1.45% | 1.81% | 2.10% | 1.83% | 2.14% | 2.11% | 1.81% | 1.86% |
Drawdowns
MAIIX vs. MGC - Drawdown Comparison
The maximum MAIIX drawdown since its inception was -61.06%, which is greater than MGC's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for MAIIX and MGC. For additional features, visit the drawdowns tool.
Volatility
MAIIX vs. MGC - Volatility Comparison
The current volatility for iShares MSCI EAFE International Index Fund (MAIIX) is 4.66%, while Vanguard Mega Cap ETF (MGC) has a volatility of 4.99%. This indicates that MAIIX experiences smaller price fluctuations and is considered to be less risky than MGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.