MDGCX vs. ESGYX
MDGCX (BlackRock Advantage Global Fund, Inc.) and ESGYX (Mirova Global Sustainable Equity Fund) are both Global Equities funds. Over the past 5 years, MDGCX returned 10.79%/yr vs 4.85%/yr for ESGYX. Their correlation of 0.86 means they have usually moved in the same direction. MDGCX charges 0.96%/yr vs 0.95%/yr for ESGYX.
Performance
MDGCX vs. ESGYX - Performance Comparison
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Returns By Period
In the year-to-date period, MDGCX achieves a 16.19% return, which is significantly higher than ESGYX's 1.17% return.
MDGCX
- 1D
- 2.42%
- 1M
- 0.69%
- 6M
- 10.71%
- YTD
- 16.19%
- 1Y
- 31.45%
- 3Y*
- 18.22%
- 5Y*
- 10.79%
- 10Y*
- 11.89%
- ALL TIME*
- 11.33%
ESGYX
- 1D
- 1.19%
- 1M
- -0.54%
- 6M
- 0.66%
- YTD
- 1.17%
- 1Y
- 7.40%
- 3Y*
- 10.62%
- 5Y*
- 4.85%
- 10Y*
- —
- ALL TIME*
- 12.47%
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 |
MDGCX vs. ESGYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDGCX BlackRock Advantage Global Fund, Inc. | 16.19% | 23.61% | 10.87% | 22.43% | -17.94% | 17.52% | 15.61% | 25.54% | -11.73% | 23.41% |
ESGYX Mirova Global Sustainable Equity Fund | 1.17% | 15.23% | 13.38% | 18.63% | -22.36% | 18.06% | 32.43% | 33.00% | -6.37% | 29.83% |
Correlation
The correlation between MDGCX and ESGYX is 0.69, 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. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.86 |
The correlation between MDGCX and ESGYX shifts across timeframes, from 0.69 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MDGCX vs. ESGYX — Risk / Return Rank
MDGCX
ESGYX
MDGCX vs. ESGYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Global Fund, Inc. (MDGCX) and Mirova Global Sustainable Equity Fund (ESGYX). 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.
| MDGCX | ESGYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.11 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 0.74 | +2.91 |
| Martin ratioReturn relative to average drawdown | 13.57 | 2.47 | +11.10 |
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Drawdowns
MDGCX vs. ESGYX - Drawdown Comparison
The maximum MDGCX drawdown since its inception was -48.25%, which is greater than ESGYX's maximum drawdown of -34.88%. Use the drawdown chart below to compare losses from any high point for MDGCX and ESGYX.
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Drawdown Indicators
| MDGCX | ESGYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.25% | -34.88% | -13.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -11.49% | +3.42% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -16.67% | -4.79% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -34.88% | +8.20% |
Max Drawdown (10Y)Largest decline over 10 years | -34.87% | — | — |
Current DrawdownCurrent decline from peak | -3.02% | -1.16% | -1.86% |
Average DrawdownAverage peak-to-trough decline | -9.89% | -6.37% | -3.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 3.23% | -1.06% |
Volatility
MDGCX vs. ESGYX - Volatility Comparison
BlackRock Advantage Global Fund, Inc. (MDGCX) has a higher volatility of 4.35% compared to Mirova Global Sustainable Equity Fund (ESGYX) at 3.23%. This indicates that MDGCX's price experiences larger fluctuations and is considered to be riskier than ESGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDGCX | ESGYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 3.23% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 10.57% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.02% | 13.78% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 17.73% | -1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 17.61% | -0.47% |
MDGCX vs. ESGYX - Expense Ratio Comparison
MDGCX has a 0.96% expense ratio, which is higher than ESGYX's 0.95% expense ratio.
Dividends
MDGCX vs. ESGYX - Dividend Comparison
MDGCX's dividend yield for the trailing twelve months is around 7.67%, more than ESGYX's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESGYX Mirova Global Sustainable Equity Fund | 4.10% | 4.44% | 1.99% | 0.61% | 5.28% | 12.16% | 0.54% | 1.84% | 4.39% | 1.15% | 0.00% | 0.00% |
MDGCX BlackRock Advantage Global Fund, Inc. | 7.67% | 8.91% | 7.78% | 1.42% | 1.75% | 16.75% | 3.77% | 1.73% | 4.06% | 34.82% | 0.65% | 5.18% |
Frequently Asked Questions
MDGCX and ESGYX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDGCX has higher volatility (4.35%) compared to ESGYX (3.23%). In terms of maximum drawdown, MDGCX dropped -48.25% vs ESGYX's -34.88%.
MDGCX currently has the higher Sharpe Ratio (2.10 vs 0.62), 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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