MDGCX vs. VMVFX
MDGCX (BlackRock Advantage Global Fund, Inc.) and VMVFX (Vanguard Global Minimum Volatility Fund Investor Shares) are both Global Equities funds. Over the past 10 years, MDGCX returned 12.39%/yr vs 9.63%/yr for VMVFX. Their correlation of 0.80 suggests significant overlap in exposure. MDGCX charges 0.96%/yr vs 0.21%/yr for VMVFX.
Performance
MDGCX vs. VMVFX - Performance Comparison
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Returns By Period
In the year-to-date period, MDGCX achieves a 18.00% return, which is significantly higher than VMVFX's 7.99% return. Over the past 10 years, MDGCX has outperformed VMVFX with an annualized return of 12.39%, while VMVFX has yielded a comparatively lower 9.63% annualized return.
MDGCX
- 1D
- 0.80%
- 1M
- 1.84%
- YTD
- 18.00%
- 6M
- 18.34%
- 1Y
- 38.42%
- 3Y*
- 20.17%
- 5Y*
- 11.76%
- 10Y*
- 12.39%
VMVFX
- 1D
- 0.12%
- 1M
- 0.00%
- YTD
- 7.99%
- 6M
- 7.65%
- 1Y
- 12.47%
- 3Y*
- 13.34%
- 5Y*
- 10.62%
- 10Y*
- 9.63%
MDGCX vs. VMVFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDGCX BlackRock Advantage Global Fund, Inc. | 18.00% | 23.61% | 10.87% | 22.43% | -17.94% | 17.52% | 15.61% | 25.54% | -11.73% | 23.41% |
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 7.99% | 12.74% | 13.38% | 7.82% | -4.48% | 23.74% | -3.99% | 23.28% | -1.79% | 15.93% |
Correlation
The correlation between MDGCX and VMVFX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2013 | 0.80 |
Over the past year, the correlation between MDGCX and VMVFX has dropped to 0.56 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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Return for Risk
MDGCX vs. VMVFX — Risk / Return Rank
MDGCX
VMVFX
MDGCX vs. VMVFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Global Fund, Inc. (MDGCX) and Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX). 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 | VMVFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.34 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 2.14 | +2.58 |
| Martin ratioReturn relative to average drawdown | 20.69 | 8.29 | +12.40 |
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Drawdowns
MDGCX vs. VMVFX - Drawdown Comparison
The maximum MDGCX drawdown since its inception was -48.25%, which is greater than VMVFX's maximum drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for MDGCX and VMVFX.
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Drawdown Indicators
| MDGCX | VMVFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.25% | -33.09% | -15.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -6.27% | -1.80% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -7.96% | -13.50% |
Max Drawdown (5Y)Largest decline over 5 years | -26.68% | -13.02% | -13.66% |
Max Drawdown (10Y)Largest decline over 10 years | -34.87% | -33.09% | -1.78% |
Current DrawdownCurrent decline from peak | -1.51% | -1.28% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -2.82% | -7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 1.61% | +0.23% |
Volatility
MDGCX vs. VMVFX - Volatility Comparison
BlackRock Advantage Global Fund, Inc. (MDGCX) has a higher volatility of 5.33% compared to Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) at 2.34%. This indicates that MDGCX's price experiences larger fluctuations and is considered to be riskier than VMVFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDGCX | VMVFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 2.34% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 11.02% | 5.41% | +5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.31% | 7.03% | +6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 10.77% | +5.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.28% | 12.48% | +4.80% |
MDGCX vs. VMVFX - Expense Ratio Comparison
MDGCX has a 0.96% expense ratio, which is higher than VMVFX's 0.21% expense ratio.
Dividends
MDGCX vs. VMVFX - Dividend Comparison
MDGCX's dividend yield for the trailing twelve months is around 7.55%, less than VMVFX's 9.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDGCX BlackRock Advantage Global Fund, Inc. | 7.55% | 8.91% | 7.78% | 1.42% | 1.75% | 16.75% | 3.77% | 1.73% | 4.06% | 34.82% | 0.65% | 5.18% |
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 9.24% | 9.98% | 3.77% | 3.05% | 4.96% | 12.73% | 2.02% | 5.12% | 7.27% | 2.30% | 2.71% | 3.22% |
Frequently Asked Questions
MDGCX and VMVFX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDGCX has higher volatility (5.33%) compared to VMVFX (2.34%). In terms of maximum drawdown, MDGCX dropped -48.25% vs VMVFX's -33.09%.
MDGCX currently has the higher Sharpe Ratio (2.86 vs 1.91), 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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