MDDVX vs. MADVX
MDDVX (BlackRock Equity Dividend Fund Investor A Shares) and MADVX (BlackRock Equity Dividend Fund Institutional Shares) are both mutual funds - MDDVX is a Dividend fund actively managed by BlackRock, while MADVX is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. Over the past 10 years, MDDVX returned 11.65%/yr vs 11.92%/yr for MADVX. Their 1.00 correlation means they have historically moved very closely together. MDDVX charges 0.94%/yr vs 0.71%/yr for MADVX.
Performance
MDDVX vs. MADVX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with MDDVX having a 17.75% return and MADVX slightly higher at 17.98%. Both investments have delivered pretty close results over the past 10 years, with MDDVX having a 11.65% annualized return and MADVX not far ahead at 11.92%.
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%
MADVX
- 1D
- 1.38%
- 1M
- 3.05%
- 6M
- 12.88%
- YTD
- 17.98%
- 1Y
- 29.84%
- 3Y*
- 17.18%
- 5Y*
- 11.66%
- 10Y*
- 11.92%
- ALL TIME*
- 10.19%
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. MADVX - 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% |
MADVX BlackRock Equity Dividend Fund Institutional Shares | 17.98% | 21.70% | 6.98% | 12.71% | -3.97% | 20.13% | 4.03% | 27.58% | -7.15% | 16.31% |
Correlation
The correlation between MDDVX and MADVX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 1994 | 1.00 |
The correlation between MDDVX and MADVX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
MDDVX vs. MADVX — Risk / Return Rank
MDDVX
MADVX
MDDVX vs. MADVX - 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 Equity Dividend Fund Institutional Shares (MADVX). 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 | MADVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.47 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 3.47 | -0.05 |
| Martin ratioReturn relative to average drawdown | 14.63 | 14.87 | -0.24 |
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Drawdowns
MDDVX vs. MADVX - Drawdown Comparison
The maximum MDDVX drawdown since its inception was -50.22%, roughly equal to the maximum MADVX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for MDDVX and MADVX.
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Drawdown Indicators
| MDDVX | MADVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.22% | -50.00% | -0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.02% | -9.01% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -15.22% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -18.18% | -18.05% | -0.13% |
Max Drawdown (10Y)Largest decline over 10 years | -35.93% | -35.94% | +0.01% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.90% | -5.27% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.10% | +0.01% |
Volatility
MDDVX vs. MADVX - Volatility Comparison
BlackRock Equity Dividend Fund Investor A Shares (MDDVX) and BlackRock Equity Dividend Fund Institutional Shares (MADVX) have volatilities of 3.45% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDDVX | MADVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.45% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.52% | 9.51% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.81% | 11.81% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.22% | 14.22% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.31% | 16.31% | 0.00% |
MDDVX vs. MADVX - Expense Ratio Comparison
MDDVX has a 0.94% expense ratio, which is higher than MADVX's 0.71% expense ratio.
Dividends
MDDVX vs. MADVX - Dividend Comparison
MDDVX's dividend yield for the trailing twelve months is around 13.69%, which matches MADVX's 13.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MADVX BlackRock Equity Dividend Fund Institutional Shares | 13.81% | 10.23% | 8.58% | 7.08% | 13.50% | 12.15% | 6.35% | 13.15% | 14.04% | 14.38% | 7.98% | 18.44% |
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
With a correlation of 1.00, MDDVX and MADVX 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.
MADVX has higher volatility (3.45%) compared to MDDVX (3.45%). In terms of maximum drawdown, MDDVX dropped -50.22% vs MADVX's -50.00%.
MADVX currently has the higher Sharpe Ratio (2.65 vs 2.62), 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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