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MARFX vs. ^CASHX
Performance
Return for Risk
Drawdowns
Volatility

MARFX vs. ^CASHX

Last updated Jun 4, 2026

MARFX (BlackRock Mid-Cap Value Fund) is Mid Cap Value Equities fund managed by BlackRock, while ^CASHX (US Money Market Index) is an index. Over the past 10 years, MARFX returned 11.09%/yr vs 2.31%/yr for ^CASHX. At a correlation of -0.00, they often move in opposite directions.

Performance

MARFX vs. ^CASHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Mid-Cap Value Fund (MARFX) and US Money Market Index (^CASHX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MARFX achieves a 11.39% return, which is significantly higher than ^CASHX's 1.51% return. Over the past 10 years, MARFX has outperformed ^CASHX with an annualized return of 11.09%, while ^CASHX has yielded a comparatively lower 2.31% annualized return.

MARFX

1D
1.11%
1M
6.32%
YTD
11.39%
6M
12.61%
1Y
24.24%
3Y*
14.08%
5Y*
8.19%
10Y*
11.09%

^CASHX

1D
0.01%
1M
0.28%
YTD
1.51%
6M
1.79%
1Y
3.91%
3Y*
4.64%
5Y*
3.51%
10Y*
2.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MARFX vs. ^CASHX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MARFX
BlackRock Mid-Cap Value Fund		11.39%13.68%6.71%12.58%-4.06%26.43%7.21%29.57%-9.55%8.79%
^CASHX
US Money Market Index		1.51%4.21%5.16%5.03%1.68%0.08%0.37%2.16%1.83%1.00%

Correlation

The correlation between MARFX and ^CASHX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.03

Correlation (10Y)
Calculated over the trailing 10-year period

-0.01

Correlation (All Time)
Calculated using the full available price history since Feb 1, 1995

-0.00

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BlackRock Mid-Cap Value Fund

US Money Market Index

Often compared with MARFX:
MARFX vs. ACMVXMARFX vs. VITAXMARFX vs. VSIAXMARFX vs. IMCGMARFX vs. VVOIXMARFX vs. SPMDMARFX vs. OOSAX
Often compared with ^CASHX:
^CASHX vs. SPAXX^CASHX vs. VBIL^CASHX vs. VUSXX^CASHX vs. VMRXX^CASHX vs. SWVXX^CASHX vs. FXNAX^CASHX vs. JAAA

Return for Risk

MARFX vs. ^CASHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MARFX
MARFX Risk / Return Rank: 4747
Overall Rank
MARFX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
MARFX Sortino Ratio Rank: 4747
Sortino Ratio Rank
MARFX Omega Ratio Rank: 4141
Omega Ratio Rank
MARFX Calmar Ratio Rank: 5050
Calmar Ratio Rank
MARFX Martin Ratio Rank: 5050
Martin Ratio Rank
^CASHX
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.

MARFX vs. ^CASHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Mid-Cap Value Fund (MARFX) and US Money Market Index (^CASHX). 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.

MARFX^CASHXDifference
Sharpe ratioReturn per unit of total volatility
2.00
257.89

-255.89

Sortino ratioReturn per unit of downside risk
2.88

—

—

Omega ratioGain probability vs. loss probability

1.35

—

—

Calmar ratioReturn relative to maximum drawdown

2.70

—

—

Martin ratioReturn relative to average drawdown

10.23

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MARFX vs. ^CASHX - Sharpe Ratio Comparison

The current MARFX Sharpe Ratio is 2.00, which is lower than the ^CASHX Sharpe Ratio of 257.89. The chart below compares the historical Sharpe Ratios of MARFX and ^CASHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MARFX^CASHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.00

257.89

-255.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

36.51

-36.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

23.97

-23.39

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

25.99

-25.51

Drawdowns

MARFX vs. ^CASHX - Drawdown Comparison

The maximum MARFX drawdown since its inception was -55.39%, which is greater than ^CASHX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MARFX and ^CASHX.

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Drawdown Indicators

MARFX^CASHXDifference

Max Drawdown

Largest peak-to-trough decline

-55.39%

0.00%

-55.39%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

0.00%

-9.50%

Max Drawdown (3Y)

Largest decline over 3 years

-20.07%

0.00%

-20.07%

Max Drawdown (5Y)

Largest decline over 5 years

-20.07%

0.00%

-20.07%

Max Drawdown (10Y)

Largest decline over 10 years

-42.09%

0.00%

-42.09%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-8.01%

0.00%

-8.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

0.00%

+2.51%

Volatility

MARFX vs. ^CASHX - Volatility Comparison

BlackRock Mid-Cap Value Fund (MARFX) has a higher volatility of 3.18% compared to US Money Market Index (^CASHX) at 0.00%. This indicates that MARFX's price experiences larger fluctuations and is considered to be riskier than ^CASHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MARFX^CASHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

0.00%

+3.18%

Volatility (6M)

Calculated over the trailing 6-month period

9.39%

0.00%

+9.39%

Volatility (1Y)

Calculated over the trailing 1-year period

12.86%

0.01%

+12.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.07%

0.08%

+15.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.00%

0.08%

+18.92%

Frequently Asked Questions

MARFX and ^CASHX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MARFX has higher volatility (3.18%) compared to ^CASHX (0.00%). In terms of maximum drawdown, MARFX dropped -55.39% vs ^CASHX's 0.00%.

^CASHX currently has the higher Sharpe Ratio (257.89 vs 2.00), 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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