MDFGX vs. SWLGX

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock Capital Appreciation Fund (MDFGX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).

MDFGX is managed by BlackRock. It was launched on Dec 31, 1997. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.

Performance

MDFGX vs. SWLGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Capital Appreciation Fund (MDFGX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). The values are adjusted to include any dividend payments, if applicable.

MDFGX vs. SWLGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MDFGX BlackRock Capital Appreciation Fund	-12.62%	12.63%	31.58%	48.77%	-37.83%	20.78%	40.16%	31.89%	1.81%	-0.23%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	-13.06%	18.55%	33.30%	42.67%	-29.17%	27.55%	38.43%	36.30%	-1.59%	-0.60%

Returns By Period

The year-to-date returns for both stocks are quite close, with MDFGX having a -12.62% return and SWLGX slightly lower at -13.06%.

MDFGX

• 1D: -0.75%
• 1M: -9.01%
• YTD: -12.62%
• 6M: -13.55%
• 1Y: 10.68%
• 3Y*: 18.17%
• 5Y*: 7.58%
• 10Y*: 14.14%

SWLGX

• 1D: -0.46%
• 1M: -8.63%
• YTD: -13.06%
• 6M: -12.07%
• 1Y: 14.45%
• 3Y*: 19.67%
• 5Y*: 11.90%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MDFGX vs. SWLGX - Expense Ratio Comparison

MDFGX has a 0.97% expense ratio, which is higher than SWLGX's 0.04% expense ratio.

MDFGX

BlackRock Capital Appreciation Fund

SWLGX

Schwab U.S. Large-Cap Growth Index Fund

Return for Risk

MDFGX vs. SWLGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MDFGX

MDFGX Risk / Return Rank: 18
MDFGX Sharpe Ratio Rank: 18
MDFGX Sortino Ratio Rank: 20
MDFGX Omega Ratio Rank: 20
MDFGX Calmar Ratio Rank: 16
MDFGX Martin Ratio Rank: 17

SWLGX

SWLGX Risk / Return Rank: 28
SWLGX Sharpe Ratio Rank: 29
SWLGX Sortino Ratio Rank: 33
SWLGX Omega Ratio Rank: 31
SWLGX Calmar Ratio Rank: 25
SWLGX Martin Ratio Rank: 23

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.

MDFGX vs. SWLGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Capital Appreciation Fund (MDFGX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.

	MDFGX	SWLGX	Difference
Sharpe ratio Return per unit of total volatility	0.46	0.66	-0.19
Sortino ratio Return per unit of downside risk	0.84	1.10	-0.26
Omega ratio Gain probability vs. loss probability	1.11	1.15	-0.04
Calmar ratio Return relative to maximum drawdown	0.47	0.72	-0.24
Martin ratio Return relative to average drawdown	1.66	2.51	-0.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDFGX vs. SWLGX - Sharpe Ratio Comparison

The current MDFGX Sharpe Ratio is 0.46, which is comparable to the SWLGX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of MDFGX and SWLGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MDFGX	SWLGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	0.66	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.56	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.68	-0.27

Correlation

The correlation between MDFGX and SWLGX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MDFGX vs. SWLGX - Dividend Comparison

MDFGX's dividend yield for the trailing twelve months is around 22.33%, more than SWLGX's 0.52% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDFGX BlackRock Capital Appreciation Fund	22.33%	19.51%	12.73%	3.59%	9.46%	12.95%	5.46%	10.67%	14.31%	12.51%	4.01%	11.22%
SWLGX Schwab U.S. Large-Cap Growth Index Fund	0.52%	0.46%	0.52%	0.67%	0.93%	1.76%	0.67%	0.96%	1.03%	0.00%	0.00%	0.00%

Drawdowns

MDFGX vs. SWLGX - Drawdown Comparison

The maximum MDFGX drawdown since its inception was -47.99%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for MDFGX and SWLGX.

Drawdown Indicators

	MDFGX	SWLGX	Difference
Max Drawdown Largest peak-to-trough decline	-47.99%	-32.69%	-15.30%
Max Drawdown (1Y) Largest decline over 1 year	-16.74%	-16.16%	-0.58%
Max Drawdown (5Y) Largest decline over 5 years	-42.49%	-32.69%	-9.80%
Max Drawdown (10Y) Largest decline over 10 years	-42.49%	—	—
Current Drawdown Current decline from peak	-16.74%	-16.16%	-0.58%
Average Drawdown Average peak-to-trough decline	-11.27%	-7.13%	-4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	4.62%	+0.17%

Volatility

MDFGX vs. SWLGX - Volatility Comparison

BlackRock Capital Appreciation Fund (MDFGX) has a higher volatility of 6.18% compared to Schwab U.S. Large-Cap Growth Index Fund (SWLGX) at 5.38%. This indicates that MDFGX's price experiences larger fluctuations and is considered to be riskier than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDFGX	SWLGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	5.38%	+0.80%
Volatility (6M) Calculated over the trailing 6-month period	13.38%	11.82%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	23.35%	22.31%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.37%	21.47%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.43%	22.78%	-0.35%