MALOX vs. BDMIX
MALOX (BlackRock Global Allocation Fund) and BDMIX (BlackRock Global Equity Market Neutral Fund Class I) are both mutual funds - MALOX is a Global Allocation fund managed by BlackRock, while BDMIX is a Equity Market Neutral fund managed by BlackRock. Over the past 10 years, MALOX returned 8.16%/yr vs 8.48%/yr for BDMIX. Their 0.12 correlation means their historical movements had little consistent relationship. MALOX charges 0.81%/yr vs 1.34%/yr for BDMIX.
Performance
MALOX vs. BDMIX - Performance Comparison
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Returns By Period
In the year-to-date period, MALOX achieves a 6.23% return, which is significantly lower than BDMIX's 12.04% return. Both investments have delivered pretty close results over the past 10 years, with MALOX having a 8.16% annualized return and BDMIX not far ahead at 8.48%.
MALOX
- 1D
- 1.65%
- 1M
- -1.50%
- 6M
- 3.29%
- YTD
- 6.23%
- 1Y
- 15.55%
- 3Y*
- 12.79%
- 5Y*
- 5.67%
- 10Y*
- 8.16%
- ALL TIME*
- 8.95%
BDMIX
- 1D
- 1.13%
- 1M
- 1.65%
- 6M
- 10.90%
- YTD
- 12.04%
- 1Y
- 23.58%
- 3Y*
- 20.48%
- 5Y*
- 13.14%
- 10Y*
- 8.48%
- ALL TIME*
- 6.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MALOX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MALOX BlackRock Global Allocation Fund | 6.23% | 19.63% | 9.23% | 12.63% | -15.86% | 6.69% | 24.93% | 17.56% | -7.40% | 13.59% |
BDMIX BlackRock Global Equity Market Neutral Fund Class I | 12.04% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 2.20% | 12.85% |
Correlation
The correlation between MALOX and BDMIX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.12 |
Over the past year, MALOX and BDMIX have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
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Return for Risk
MALOX vs. BDMIX — Risk / Return Rank
MALOX
BDMIX
MALOX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Allocation Fund (MALOX) and BlackRock Global Equity Market Neutral 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.
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.
| MALOX | BDMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.61 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 7.38 | -5.60 |
| Martin ratioReturn relative to average drawdown | 7.28 | 19.61 | -12.33 |
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Drawdowns
MALOX vs. BDMIX - Drawdown Comparison
The maximum MALOX drawdown since its inception was -32.83%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for MALOX and BDMIX.
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Drawdown Indicators
| MALOX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.83% | -11.89% | -20.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -3.24% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -10.04% | -4.07% | -5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -22.76% | -5.23% | -17.53% |
Max Drawdown (10Y)Largest decline over 10 years | -22.76% | -9.44% | -13.32% |
Current DrawdownCurrent decline from peak | -2.52% | -1.06% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -2.67% | -1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 1.22% | +0.82% |
Volatility
MALOX vs. BDMIX - Volatility Comparison
BlackRock Global Allocation Fund (MALOX) has a higher volatility of 3.38% compared to BlackRock Global Equity Market Neutral Fund Class I (BDMIX) at 2.53%. This indicates that MALOX'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
| MALOX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 2.53% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 5.37% | +3.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 7.39% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.03% | 6.68% | +4.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.75% | 5.90% | +4.85% |
MALOX vs. BDMIX - Expense Ratio Comparison
MALOX has a 0.81% expense ratio, which is lower than BDMIX's 1.34% expense ratio.
Dividends
MALOX vs. BDMIX - Dividend Comparison
MALOX's dividend yield for the trailing twelve months is around 10.80%, less than BDMIX's 11.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDMIX BlackRock Global Equity Market Neutral Fund Class I | 11.55% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
MALOX BlackRock Global Allocation Fund | 10.80% | 9.22% | 7.68% | 1.54% | 6.01% | 10.32% | 10.15% | 5.68% | 5.50% | 4.81% | 2.10% | 9.86% |
Frequently Asked Questions
MALOX and BDMIX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MALOX has higher volatility (3.38%) compared to BDMIX (2.53%). In terms of maximum drawdown, MALOX dropped -32.83% vs BDMIX's -11.89%.
BDMIX currently has the higher Sharpe Ratio (3.24 vs 1.39), 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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