MALVX vs. SFLNX

Last updated Aug 4, 2026

MALVX (BlackRock Advantage Large Cap Value Fund) and SFLNX (Schwab Fundamental US Large Company Index Fund) are both Large Cap Value Equities funds. Over the past 10 years, MALVX returned 13.13%/yr vs 14.26%/yr for SFLNX. Their 0.95 correlation means they have historically moved very closely together. MALVX charges 0.54%/yr vs 0.25%/yr for SFLNX.

Performance

MALVX vs. SFLNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Advantage Large Cap Value Fund (MALVX) and Schwab Fundamental US Large Company Index Fund (SFLNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MALVX achieves a 23.35% return, which is significantly higher than SFLNX's 17.46% return. Over the past 10 years, MALVX has underperformed SFLNX with an annualized return of 13.13%, while SFLNX has yielded a comparatively higher 14.26% annualized return.

MALVX

• 1D: 0.62%
• 1M: 2.56%
• 6M: 16.96%
• YTD: 23.35%
• 1Y: 39.65%
• 3Y*: 20.90%
• 5Y*: 13.07%
• 10Y*: 13.13%
• ALL TIME*: 9.23%

SFLNX

• 1D: 0.08%
• 1M: 1.35%
• 6M: 11.71%
• YTD: 17.46%
• 1Y: 32.23%
• 3Y*: 18.96%
• 5Y*: 13.78%
• 10Y*: 14.26%
• ALL TIME*: 11.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MALVX BlackRock Advantage Large Cap Value Fund	$0.00	$0.00	$0.00
SFLNX Schwab Fundamental US Large Company Index Fund	$0.00	$0.00	$0.00

MALVX vs. SFLNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MALVX BlackRock Advantage Large Cap Value Fund	23.35%	18.38%	15.39%	13.74%	-8.68%	26.51%	3.91%	24.74%	-7.74%	15.82%
SFLNX Schwab Fundamental US Large Company Index Fund	17.46%	17.02%	16.78%	18.16%	-6.89%	31.64%	9.12%	28.91%	-7.43%	17.08%

Correlation

The correlation between MALVX and SFLNX is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.97
Correlation (10Y) Provides a long-term view across more market conditions.	0.96
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.95

The correlation between MALVX and SFLNX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

MALVX vs. SFLNX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MALVX

MALVX Risk / Return Rank: 98
MALVX Sharpe Ratio Rank: 99
MALVX Sortino Ratio Rank: 97
MALVX Omega Ratio Rank: 96
MALVX Calmar Ratio Rank: 98
MALVX Martin Ratio Rank: 98

SFLNX

SFLNX Risk / Return Rank: 96
SFLNX Sharpe Ratio Rank: 97
SFLNX Sortino Ratio Rank: 96
SFLNX Omega Ratio Rank: 93
SFLNX Calmar Ratio Rank: 97
SFLNX Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MALVX vs. SFLNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Value Fund (MALVX) and Schwab Fundamental US Large Company Index Fund (SFLNX). 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.

	MALVX	SFLNX	Difference
Sharpe ratio: Return per unit of total volatility	3.37	2.93	+0.44
Sortino ratio: Return per unit of downside risk	4.66	4.04	+0.62
Omega ratio: Gain probability vs. loss probability	1.61	1.54	+0.07
Calmar ratio: Return relative to maximum drawdown	5.83	5.01	+0.82
Martin ratio: Return relative to average drawdown	27.14	20.10	+7.04

MALVX vs. SFLNX - Sharpe Ratio Comparison

The current MALVX Sharpe Ratio is 3.37, which is comparable to the SFLNX Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of MALVX and SFLNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MALVX vs. SFLNX - Drawdown Comparison

The maximum MALVX drawdown since its inception was -55.21%, roughly equal to the maximum SFLNX drawdown of -56.18%. Use the drawdown chart below to compare losses from any high point for MALVX and SFLNX.

Drawdown Indicators

	MALVX	SFLNX	Difference
Max Drawdown Largest peak-to-trough decline	-55.21%	-56.18%	+0.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.53%	-6.10%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	-16.13%	-16.27%	+0.14%
Max Drawdown (5Y) Largest decline over 5 years	-19.73%	-18.98%	-0.75%
Max Drawdown (10Y) Largest decline over 10 years	-37.12%	-37.59%	+0.47%
Current Drawdown Current decline from peak	0.00%	-0.42%	+0.42%
Average Drawdown Average peak-to-trough decline	-8.70%	-5.96%	-2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	1.52%	-0.12%

Volatility

MALVX vs. SFLNX - Volatility Comparison

BlackRock Advantage Large Cap Value Fund (MALVX) has a higher volatility of 2.80% compared to Schwab Fundamental US Large Company Index Fund (SFLNX) at 2.33%. This indicates that MALVX's price experiences larger fluctuations and is considered to be riskier than SFLNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MALVX	SFLNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.80%	2.33%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	8.90%	7.48%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	11.35%	10.48%	+0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.78%	15.15%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.25%	18.34%	-1.09%

MALVX vs. SFLNX - Expense Ratio Comparison

MALVX has a 0.54% expense ratio, which is higher than SFLNX's 0.25% expense ratio.

Dividends

MALVX vs. SFLNX - Dividend Comparison

MALVX's dividend yield for the trailing twelve months is around 10.51%, more than SFLNX's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MALVX BlackRock Advantage Large Cap Value Fund	10.51%	9.23%	14.33%	2.84%	5.96%	17.48%	1.68%	3.92%	12.95%	0.43%	1.38%	1.01%
SFLNX Schwab Fundamental US Large Company Index Fund	1.43%	1.68%	1.78%	1.86%	2.09%	4.78%	6.17%	5.33%	9.69%	3.28%	7.23%	5.68%

Frequently Asked Questions

Can I hold both MALVX and SFLNX in my portfolio?

With a correlation of 0.94, MALVX and SFLNX 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, MALVX or SFLNX?

MALVX has higher volatility (2.80%) compared to SFLNX (2.33%). In terms of maximum drawdown, MALVX dropped -55.21% vs SFLNX's -56.18%.

Which has better risk-adjusted returns?

MALVX currently has the higher Sharpe Ratio (3.37 vs 2.93), 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.