MALOX vs. EQQQ.DE
Compare and contrast key facts about BlackRock Global Allocation Fund (MALOX) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE).
MALOX is managed by Blackrock. It was launched on Feb 2, 1989. EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MALOX or EQQQ.DE.
Key characteristics
| MALOX | EQQQ.DE | |
|---|---|---|
| YTD Return | 7.05% | 30.36% |
| 1Y Return | 15.78% | 37.67% |
| 3Y Return (Ann) | -3.19% | 12.26% |
| 5Y Return (Ann) | 1.12% | 21.85% |
| 10Y Return (Ann) | 0.11% | 19.90% |
| Sharpe Ratio | 1.64 | 2.26 |
| Sortino Ratio | 2.17 | 2.99 |
| Omega Ratio | 1.32 | 1.42 |
| Calmar Ratio | 0.64 | 2.79 |
| Martin Ratio | 6.08 | 9.24 |
| Ulcer Index | 2.61% | 4.05% |
| Daily Std Dev | 9.69% | 16.45% |
| Max Drawdown | -34.53% | -47.04% |
| Current Drawdown | -12.85% | 0.00% |
Correlation
The correlation between MALOX and EQQQ.DE is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MALOX vs. EQQQ.DE - Performance Comparison
In the year-to-date period, MALOX achieves a 7.05% return, which is significantly lower than EQQQ.DE's 30.36% return. Over the past 10 years, MALOX has underperformed EQQQ.DE with an annualized return of 0.11%, while EQQQ.DE has yielded a comparatively higher 19.90% 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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MALOX vs. EQQQ.DE - Expense Ratio Comparison
MALOX has a 0.81% expense ratio, which is higher than EQQQ.DE's 0.30% expense ratio.
Risk-Adjusted Performance
MALOX vs. EQQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Global Allocation Fund (MALOX) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE). 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
MALOX vs. EQQQ.DE - Dividend Comparison
MALOX's dividend yield for the trailing twelve months is around 1.03%, more than EQQQ.DE's 0.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MALOX BlackRock Global Allocation Fund | 1.03% | 1.55% | 0.00% | 1.29% | 0.66% | 1.39% | 0.94% | 1.25% | 1.28% | 1.37% | 2.64% | 1.47% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.38% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% | 0.94% |
Drawdowns
MALOX vs. EQQQ.DE - Drawdown Comparison
The maximum MALOX drawdown since its inception was -34.53%, smaller than the maximum EQQQ.DE drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for MALOX and EQQQ.DE. For additional features, visit the drawdowns tool.
Volatility
MALOX vs. EQQQ.DE - Volatility Comparison
The current volatility for BlackRock Global Allocation Fund (MALOX) is 2.47%, while Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) has a volatility of 4.58%. This indicates that MALOX experiences smaller price fluctuations and is considered to be less risky than EQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.