MAWIX vs. VHYAX
MAWIX (BlackRock Strategic Global Bond Fund) and VHYAX (Vanguard High Dividend Yield Index Fund Admiral Shares) are both mutual funds - MAWIX is a Global Bonds fund managed by BlackRock, while VHYAX is a Large Cap Value Equities fund tracking the FTSE High Dividend Yield Index. Over the past 5 years, MAWIX returned -0.59%/yr vs 12.32%/yr for VHYAX. Their 0.25 correlation means their historical movements had little consistent relationship. MAWIX charges 0.57%/yr vs 0.08%/yr for VHYAX.
Performance
MAWIX vs. VHYAX - Performance Comparison
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Returns By Period
In the year-to-date period, MAWIX achieves a 0.07% return, which is significantly lower than VHYAX's 14.76% return.
MAWIX
- 1D
- 0.19%
- 1M
- -1.13%
- 6M
- -1.03%
- YTD
- 0.07%
- 1Y
- 2.33%
- 3Y*
- 4.53%
- 5Y*
- -0.59%
- 10Y*
- 1.60%
- ALL TIME*
- 3.57%
VHYAX
- 1D
- 0.53%
- 1M
- 2.00%
- 6M
- 8.39%
- YTD
- 14.76%
- 1Y
- 24.02%
- 3Y*
- 17.66%
- 5Y*
- 12.32%
- 10Y*
- —
- ALL TIME*
- 12.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MAWIX vs. VHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MAWIX BlackRock Strategic Global Bond Fund | 0.07% | 8.49% | 0.43% | 6.58% | -15.37% | -1.07% | 9.05% | 6.85% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 14.76% | 15.39% | 17.39% | 6.68% | -0.45% | 26.08% | 1.06% | 16.67% |
Correlation
The correlation between MAWIX and VHYAX is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019 | 0.25 |
The correlation between MAWIX and VHYAX shifts across timeframes, from 0.25 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MAWIX vs. VHYAX — Risk / Return Rank
MAWIX
VHYAX
MAWIX vs. VHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Strategic Global Bond Fund (MAWIX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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.
| MAWIX | VHYAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.46 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 3.78 | -3.20 |
| Martin ratioReturn relative to average drawdown | 1.68 | 14.32 | -12.65 |
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Drawdowns
MAWIX vs. VHYAX - Drawdown Comparison
The maximum MAWIX drawdown since its inception was -32.07%, smaller than the maximum VHYAX drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for MAWIX and VHYAX.
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Drawdown Indicators
| MAWIX | VHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.07% | -35.14% | +3.07% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -6.75% | +2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -4.68% | -14.42% | +9.74% |
Max Drawdown (5Y)Largest decline over 5 years | -20.79% | -15.87% | -4.92% |
Max Drawdown (10Y)Largest decline over 10 years | -20.79% | — | — |
Current DrawdownCurrent decline from peak | -3.09% | -0.63% | -2.46% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -3.71% | -2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | 1.78% | -0.27% |
Volatility
MAWIX vs. VHYAX - Volatility Comparison
The current volatility for BlackRock Strategic Global Bond Fund (MAWIX) is 1.14%, while Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a volatility of 2.38%. This indicates that MAWIX experiences smaller price fluctuations and is considered to be less risky than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAWIX | VHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.14% | 2.38% | -1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 3.75% | 7.47% | -3.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.55% | 10.27% | -5.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.43% | 13.90% | -8.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.81% | 17.81% | -13.00% |
MAWIX vs. VHYAX - Expense Ratio Comparison
MAWIX has a 0.57% expense ratio, which is higher than VHYAX's 0.08% expense ratio.
Dividends
MAWIX vs. VHYAX - Dividend Comparison
MAWIX's dividend yield for the trailing twelve months is around 4.26%, more than VHYAX's 2.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAWIX BlackRock Strategic Global Bond Fund | 4.26% | 4.32% | 2.93% | 2.65% | 2.38% | 1.81% | 4.68% | 2.62% | 2.61% | 3.13% | 2.73% | 5.77% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.21% | 2.42% | 2.72% | 3.09% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAWIX and VHYAX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VHYAX has higher volatility (2.38%) compared to MAWIX (1.14%). In terms of maximum drawdown, MAWIX dropped -32.07% vs VHYAX's -35.14%.
VHYAX currently has the higher Sharpe Ratio (2.49 vs 0.56), 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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