MDDVX vs. LIVIX
MDDVX (BlackRock Equity Dividend Fund Investor A Shares) and LIVIX (BlackRock LifePath Index 2055 Fund - Institutional Shares) are both mutual funds - MDDVX is a Dividend fund actively managed by BlackRock, while LIVIX is a Target Retirement Date fund tracking the LifePath Index 2055 Fund Custom Benchmark. MDDVX is actively managed, while LIVIX is passively managed. Over the past 10 years, MDDVX returned 11.65%/yr vs 11.58%/yr for LIVIX. Their correlation of 0.87 means they have usually moved in the same direction. MDDVX charges 0.94%/yr vs 0.14%/yr for LIVIX.
Performance
MDDVX vs. LIVIX - Performance Comparison
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Returns By Period
In the year-to-date period, MDDVX achieves a 17.75% return, which is significantly higher than LIVIX's 12.53% return. Both investments have delivered pretty close results over the past 10 years, with MDDVX having a 11.65% annualized return and LIVIX not far behind at 11.58%.
MDDVX
- 1D
- 1.34%
- 1M
- 3.01%
- 6M
- 12.69%
- YTD
- 17.75%
- 1Y
- 29.52%
- 3Y*
- 16.90%
- 5Y*
- 11.39%
- 10Y*
- 11.65%
- ALL TIME*
- 9.99%
LIVIX
- 1D
- 1.10%
- 1M
- 0.81%
- 6M
- 8.95%
- YTD
- 12.53%
- 1Y
- 23.14%
- 3Y*
- 18.26%
- 5Y*
- 9.87%
- 10Y*
- 11.58%
- ALL TIME*
- 10.38%
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 |
MDDVX vs. LIVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDDVX BlackRock Equity Dividend Fund Investor A Shares | 17.75% | 21.43% | 6.78% | 12.39% | -4.17% | 19.86% | 3.74% | 27.30% | -7.42% | 16.06% |
LIVIX BlackRock LifePath Index 2055 Fund - Institutional Shares | 12.53% | 21.57% | 13.60% | 21.62% | -18.38% | 18.75% | 14.99% | 26.76% | -7.83% | 21.38% |
Correlation
The correlation between MDDVX and LIVIX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.87 |
The correlation between MDDVX and LIVIX shifts across timeframes, from 0.74 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MDDVX vs. LIVIX — Risk / Return Rank
MDDVX
LIVIX
MDDVX vs. LIVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Equity Dividend Fund Investor A Shares (MDDVX) and BlackRock LifePath Index 2055 Fund - Institutional Shares (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.
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.
| MDDVX | LIVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.33 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 2.65 | +0.77 |
| Martin ratioReturn relative to average drawdown | 14.63 | 11.11 | +3.52 |
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Drawdowns
MDDVX vs. LIVIX - Drawdown Comparison
The maximum MDDVX drawdown since its inception was -50.22%, which is greater than LIVIX's maximum drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for MDDVX and LIVIX.
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Drawdown Indicators
| MDDVX | LIVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.22% | -34.44% | -15.78% |
Max Drawdown (1Y)Largest decline over 1 year | -9.02% | -9.44% | +0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -17.39% | +2.13% |
Max Drawdown (5Y)Largest decline over 5 years | -18.18% | -26.45% | +8.27% |
Max Drawdown (10Y)Largest decline over 10 years | -35.93% | -34.44% | -1.49% |
Current DrawdownCurrent decline from peak | 0.00% | -0.50% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -5.90% | -4.49% | -1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.25% | -0.14% |
Volatility
MDDVX vs. LIVIX - Volatility Comparison
The current volatility for BlackRock Equity Dividend Fund Investor A Shares (MDDVX) is 3.45%, while BlackRock LifePath Index 2055 Fund - Institutional Shares (LIVIX) has a volatility of 4.04%. This indicates that MDDVX 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.
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Volatility by Period
| MDDVX | LIVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 4.04% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 11.50% | -1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 13.71% | -1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.22% | 16.02% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.31% | 16.70% | -0.39% |
MDDVX vs. LIVIX - Expense Ratio Comparison
MDDVX has a 0.94% expense ratio, which is higher than LIVIX's 0.14% expense ratio.
Dividends
MDDVX vs. LIVIX - Dividend Comparison
MDDVX's dividend yield for the trailing twelve months is around 13.69%, more than LIVIX's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIVIX BlackRock LifePath Index 2055 Fund - Institutional Shares | 2.26% | 2.48% | 0.01% | 2.04% | 1.96% | 2.04% | 1.56% | 2.95% | 2.35% | 2.27% | 1.54% | 2.88% |
MDDVX BlackRock Equity Dividend Fund Investor A Shares | 13.69% | 10.06% | 8.38% | 6.89% | 13.29% | 11.93% | 6.15% | 12.95% | 13.77% | 14.20% | 7.79% | 18.15% |
Frequently Asked Questions
MDDVX and LIVIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LIVIX has higher volatility (4.04%) compared to MDDVX (3.45%). In terms of maximum drawdown, MDDVX dropped -50.22% vs LIVIX's -34.44%.
MDDVX currently has the higher Sharpe Ratio (2.62 vs 1.83), 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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