MDCPX vs. VTCLX
MDCPX (BlackRock Balanced Capital Fund Investor A Shares) and VTCLX (Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares) are both mutual funds - MDCPX is a Diversified Portfolio fund actively managed by BlackRock, while VTCLX is a Large Cap Blend Equities fund managed by BlackRock. Over the past 10 years, MDCPX returned 10.29%/yr vs 15.47%/yr for VTCLX. With a 0.95 correlation, they move nearly in lockstep. MDCPX charges 0.78%/yr vs 0.09%/yr for VTCLX.
Performance
MDCPX vs. VTCLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MDCPX achieves a 8.99% return, which is significantly lower than VTCLX's 11.31% return. Over the past 10 years, MDCPX has underperformed VTCLX with an annualized return of 10.29%, while VTCLX has yielded a comparatively higher 15.47% annualized return.
MDCPX
- 1D
- 0.20%
- 1M
- 3.59%
- YTD
- 8.99%
- 6M
- 9.94%
- 1Y
- 20.18%
- 3Y*
- 15.09%
- 5Y*
- 8.63%
- 10Y*
- 10.29%
VTCLX
- 1D
- 0.22%
- 1M
- 5.61%
- YTD
- 11.31%
- 6M
- 11.26%
- 1Y
- 28.29%
- 3Y*
- 22.21%
- 5Y*
- 13.46%
- 10Y*
- 15.47%
MDCPX vs. VTCLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 8.99% | 15.32% | 12.47% | 16.59% | -15.70% | 16.49% | 15.07% | 21.59% | -3.48% | 14.24% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 11.31% | 17.44% | 23.76% | 26.62% | -19.07% | 26.87% | 21.08% | 31.47% | -4.98% | 22.40% |
Correlation
The correlation between MDCPX and VTCLX is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2001 | 0.95 |
The correlation between MDCPX and VTCLX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MDCPX vs. VTCLX — Risk / Return Rank
MDCPX
VTCLX
MDCPX vs. VTCLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Balanced Capital Fund Investor A Shares (MDCPX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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.
| MDCPX | VTCLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.44 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 3.32 | -0.04 |
| Martin ratioReturn relative to average drawdown | 14.29 | 15.43 | -1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MDCPX | VTCLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.47 | 2.43 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.79 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.85 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.53 | +0.13 |
Drawdowns
MDCPX vs. VTCLX - Drawdown Comparison
The maximum MDCPX drawdown since its inception was -41.98%, smaller than the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for MDCPX and VTCLX.
Loading charts...
Drawdown Indicators
| MDCPX | VTCLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.98% | -55.18% | +13.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -8.79% | +2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -10.65% | -19.01% | +8.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.99% | -24.98% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -24.58% | -34.56% | +9.98% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -7.57% | +2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.89% | -0.47% |
Volatility
MDCPX vs. VTCLX - Volatility Comparison
The current volatility for BlackRock Balanced Capital Fund Investor A Shares (MDCPX) is 2.59%, while Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) has a volatility of 2.86%. This indicates that MDCPX experiences smaller price fluctuations and is considered to be less risky than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MDCPX | VTCLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 2.86% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 6.69% | 9.09% | -2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.27% | 12.01% | -3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.06% | 17.22% | -6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.46% | 18.28% | -6.82% |
MDCPX vs. VTCLX - Expense Ratio Comparison
MDCPX has a 0.78% expense ratio, which is higher than VTCLX's 0.09% expense ratio.
Dividends
MDCPX vs. VTCLX - Dividend Comparison
MDCPX's dividend yield for the trailing twelve months is around 7.90%, more than VTCLX's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 7.90% | 8.61% | 7.44% | 2.63% | 3.82% | 12.27% | 4.02% | 5.25% | 7.84% | 19.39% | 4.67% | 5.04% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 0.85% | 0.93% | 1.04% | 1.24% | 1.47% | 1.04% | 1.32% | 1.52% | 1.83% | 1.57% | 1.76% | 1.69% |
Frequently Asked Questions
With a correlation of 0.93, MDCPX and VTCLX 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.
VTCLX has higher volatility (2.86%) compared to MDCPX (2.59%). In terms of maximum drawdown, MDCPX dropped -41.98% vs VTCLX's -55.18%.
MDCPX currently has the higher Sharpe Ratio (2.47 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.
Find the right allocation for MDCPX and VTCLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer