MDGCX vs. VEOIX
MDGCX (BlackRock Advantage Global Fund, Inc.) and VEOIX (Vanguard Global Environmental Opportunities Stock Fund Investor Shares) are both Global Equities funds. Over the past 3 years, MDGCX returned 18.22%/yr vs 7.25%/yr for VEOIX. Their 0.78 correlation means they have sometimes moved together and sometimes differently. MDGCX charges 0.96%/yr vs 0.70%/yr for VEOIX.
Performance
MDGCX vs. VEOIX - 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 VEOIX's 10.97% 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%
VEOIX
- 1D
- 1.72%
- 1M
- -1.66%
- 6M
- 7.37%
- YTD
- 10.97%
- 1Y
- 18.96%
- 3Y*
- 7.25%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.27%
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. VEOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MDGCX BlackRock Advantage Global Fund, Inc. | 16.19% | 23.61% | 10.87% | 22.43% | -1.27% |
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares | 10.97% | 16.46% | 0.32% | 6.03% | -2.49% |
Correlation
The correlation between MDGCX and VEOIX is 0.79, 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. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2022 | 0.78 |
The correlation between MDGCX and VEOIX has been stable across timeframes, ranging from 0.75 to 0.79 - a consistent structural relationship.
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Return for Risk
MDGCX vs. VEOIX — Risk / Return Rank
MDGCX
VEOIX
MDGCX vs. VEOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Global Fund, Inc. (MDGCX) and Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX). 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 | VEOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.19 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 1.74 | +1.91 |
| Martin ratioReturn relative to average drawdown | 13.57 | 5.89 | +7.68 |
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Drawdowns
MDGCX vs. VEOIX - Drawdown Comparison
The maximum MDGCX drawdown since its inception was -48.25%, which is greater than VEOIX's maximum drawdown of -21.56%. Use the drawdown chart below to compare losses from any high point for MDGCX and VEOIX.
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Drawdown Indicators
| MDGCX | VEOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.25% | -21.56% | -26.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -9.73% | +1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -20.50% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.87% | — | — |
Current DrawdownCurrent decline from peak | -3.02% | -3.34% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -9.89% | -5.42% | -4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 2.87% | -0.70% |
Volatility
MDGCX vs. VEOIX - Volatility Comparison
BlackRock Advantage Global Fund, Inc. (MDGCX) has a higher volatility of 4.35% compared to Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) at 4.12%. This indicates that MDGCX's price experiences larger fluctuations and is considered to be riskier than VEOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDGCX | VEOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 4.12% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 12.93% | -1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.02% | 15.60% | -1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.34% | 15.38% | +0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 15.38% | +1.76% |
MDGCX vs. VEOIX - Expense Ratio Comparison
MDGCX has a 0.96% expense ratio, which is higher than VEOIX's 0.70% expense ratio.
Dividends
MDGCX vs. VEOIX - Dividend Comparison
MDGCX's dividend yield for the trailing twelve months is around 7.67%, more than VEOIX's 0.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares | 0.89% | 0.99% | 0.89% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MDGCX and VEOIX have a correlation of 0.79, 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 VEOIX (4.12%). In terms of maximum drawdown, MDGCX dropped -48.25% vs VEOIX's -21.56%.
MDGCX currently has the higher Sharpe Ratio (2.10 vs 1.09), 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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