MALRX vs. LIVIX

Last updated Jun 4, 2026

MALRX (BlackRock Advantage Large Cap Core Fund) and LIVIX (BlackRock LifePath Index 2055 Fund) are both mutual funds - MALRX is a Large Cap Blend Equities fund managed by BlackRock, while LIVIX is a Target Retirement Date fund managed by BlackRock. Over the past 10 years, MALRX returned 15.63%/yr vs 12.04%/yr for LIVIX. Their correlation of 0.94 suggests significant overlap in exposure. MALRX charges 0.48%/yr vs 0.10%/yr for LIVIX.

Performance

MALRX vs. LIVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage Large Cap Core Fund (MALRX) and BlackRock LifePath Index 2055 Fund (LIVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with MALRX having a 13.29% return and LIVIX slightly lower at 13.10%. Over the past 10 years, MALRX has outperformed LIVIX with an annualized return of 15.63%, while LIVIX has yielded a comparatively lower 12.04% annualized return.

MALRX

• 1D: 0.37%
• 1M: 6.19%
• YTD: 13.29%
• 6M: 14.22%
• 1Y: 34.40%
• 3Y*: 24.70%
• 5Y*: 14.19%
• 10Y*: 15.63%

LIVIX

• 1D: 0.47%
• 1M: 5.62%
• YTD: 13.10%
• 6M: 13.99%
• 1Y: 29.98%
• 3Y*: 19.96%
• 5Y*: 10.51%
• 10Y*: 12.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MALRX vs. LIVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MALRX BlackRock Advantage Large Cap Core Fund	13.29%	20.30%	25.65%	25.62%	-20.10%	28.00%	19.96%	29.16%	-5.39%	20.30%
LIVIX BlackRock LifePath Index 2055 Fund	13.10%	21.57%	13.60%	21.62%	-18.38%	18.75%	14.99%	26.76%	-7.83%	21.38%

Correlation

The correlation between MALRX and LIVIX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011	0.94

The correlation between MALRX and LIVIX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

MALRX vs. LIVIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MALRX

MALRX Risk / Return Rank: 85
MALRX Sharpe Ratio Rank: 88
MALRX Sortino Ratio Rank: 82
MALRX Omega Ratio Rank: 78
MALRX Calmar Ratio Rank: 85
MALRX Martin Ratio Rank: 93

LIVIX

LIVIX Risk / Return Rank: 69
LIVIX Sharpe Ratio Rank: 70
LIVIX Sortino Ratio Rank: 65
LIVIX Omega Ratio Rank: 62
LIVIX Calmar Ratio Rank: 70
LIVIX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MALRX vs. LIVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Core Fund (MALRX) and BlackRock LifePath Index 2055 Fund (LIVIX). 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.

	MALRX	LIVIX	Difference
Sharpe ratio: Return per unit of total volatility	2.88	2.43	+0.45
Sortino ratio: Return per unit of downside risk	3.89	3.37	+0.52
Omega ratio: Gain probability vs. loss probability	1.51	1.44	+0.07
Calmar ratio: Return relative to maximum drawdown	4.10	3.22	+0.87
Martin ratio: Return relative to average drawdown	20.46	14.29	+6.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MALRX vs. LIVIX - Sharpe Ratio Comparison

The current MALRX Sharpe Ratio is 2.88, which is comparable to the LIVIX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of MALRX and LIVIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MALRX	LIVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	2.43	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.67	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.72	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.64	-0.18

Drawdowns

MALRX vs. LIVIX - Drawdown Comparison

The maximum MALRX drawdown since its inception was -54.29%, which is greater than LIVIX's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for MALRX and LIVIX.

Drawdown Indicators

	MALRX	LIVIX	Difference
Max Drawdown Largest peak-to-trough decline	-54.29%	-34.44%	-19.85%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-9.44%	+0.83%
Max Drawdown (3Y) Largest decline over 3 years	-19.61%	-17.39%	-2.22%
Max Drawdown (5Y) Largest decline over 5 years	-26.18%	-26.45%	+0.27%
Max Drawdown (10Y) Largest decline over 10 years	-34.30%	-34.44%	+0.14%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-11.40%	-4.52%	-6.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	2.13%	-0.41%

Volatility

MALRX vs. LIVIX - Volatility Comparison

The current volatility for BlackRock Advantage Large Cap Core Fund (MALRX) is 2.84%, while BlackRock LifePath Index 2055 Fund (LIVIX) has a volatility of 3.86%. This indicates that MALRX experiences smaller price fluctuations and is considered to be less risky than LIVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MALRX	LIVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	3.86%	-1.02%
Volatility (6M) Calculated over the trailing 6-month period	9.41%	10.06%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	12.27%	12.54%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	15.84%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	16.72%	+1.66%

MALRX vs. LIVIX - Expense Ratio Comparison

MALRX has a 0.48% expense ratio, which is higher than LIVIX's 0.10% expense ratio.

Dividends

MALRX vs. LIVIX - Dividend Comparison

MALRX's dividend yield for the trailing twelve months is around 7.60%, more than LIVIX's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIVIX BlackRock LifePath Index 2055 Fund	2.19%	2.48%	0.01%	2.04%	1.96%	2.04%	1.56%	2.95%	2.35%	2.27%	1.54%	2.88%
MALRX BlackRock Advantage Large Cap Core Fund	7.60%	8.61%	14.11%	0.97%	6.51%	19.52%	4.76%	4.06%	10.11%	36.43%	6.02%	3.09%

Frequently Asked Questions

Can I hold both MALRX and LIVIX in my portfolio?

With a correlation of 0.94, MALRX and LIVIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MALRX or LIVIX?

LIVIX has higher volatility (3.86%) compared to MALRX (2.84%). In terms of maximum drawdown, MALRX dropped -54.29% vs LIVIX's -34.44%.

Which has better risk-adjusted returns?

MALRX currently has the higher Sharpe Ratio (2.88 vs 2.43), 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.