MALOX vs. BTC-USD
MALOX (BlackRock Global Allocation Fund) is Global Allocation fund managed by BlackRock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, MALOX returned 8.28%/yr vs 59.68%/yr for BTC-USD. At a 0.14 correlation, their price movements are largely independent.
Performance
MALOX vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, MALOX achieves a 5.74% return, which is significantly higher than BTC-USD's -28.54% return. Over the past 10 years, MALOX has underperformed BTC-USD with an annualized return of 8.28%, while BTC-USD has yielded a comparatively higher 59.68% annualized return.
MALOX
- 1D
- -2.27%
- 1M
- -0.32%
- YTD
- 5.74%
- 6M
- 6.99%
- 1Y
- 17.22%
- 3Y*
- 13.89%
- 5Y*
- 5.47%
- 10Y*
- 8.28%
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
MALOX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MALOX BlackRock Global Allocation Fund | 5.74% | 19.63% | 9.23% | 12.63% | -15.86% | 6.69% | 24.93% | 17.56% | -7.40% | 13.59% |
BTC-USD Bitcoin | -28.54% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between MALOX and BTC-USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2012 | 0.14 |
Over the past year, MALOX and BTC-USD have become more correlated (0.37) than their long-term average of 0.14, meaning their price movements have been converging.
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Return for Risk
MALOX vs. BTC-USD — Risk / Return Rank
MALOX
BTC-USD
MALOX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Allocation Fund (MALOX) and Bitcoin (BTC-USD). 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.
| MALOX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +3.89 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.86 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | -0.80 | +2.92 |
| Martin ratioReturn relative to average drawdown | 9.13 | -1.42 | +10.55 |
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
| MALOX | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | -0.95 | +2.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.20 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.87 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 1.13 | -0.20 |
Drawdowns
MALOX vs. BTC-USD - Drawdown Comparison
The maximum MALOX drawdown since its inception was -32.83%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for MALOX and BTC-USD.
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Drawdown Indicators
| MALOX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.83% | -85.30% | +52.47% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -51.21% | +42.90% |
Max Drawdown (3Y)Largest decline over 3 years | -10.04% | -51.21% | +41.17% |
Max Drawdown (5Y)Largest decline over 5 years | -22.76% | -76.67% | +53.91% |
Max Drawdown (10Y)Largest decline over 10 years | -22.76% | -83.80% | +61.04% |
Current DrawdownCurrent decline from peak | -2.31% | -49.86% | +47.55% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -42.32% | +38.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 34.46% | -32.53% |
Volatility
MALOX vs. BTC-USD - Volatility Comparison
The current volatility for BlackRock Global Allocation Fund (MALOX) is 3.53%, while Bitcoin (BTC-USD) has a volatility of 11.59%. This indicates that MALOX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MALOX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 11.59% | -8.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.22% | 34.53% | -26.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 35.67% | -25.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.91% | 44.95% | -34.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.73% | 56.71% | -45.98% |
Frequently Asked Questions
MALOX and BTC-USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (11.59%) compared to MALOX (3.53%). In terms of maximum drawdown, MALOX dropped -32.83% vs BTC-USD's -85.30%.
MALOX currently has the higher Sharpe Ratio (1.79 vs -0.95), 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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