MDIIX vs. ANDIX
MDIIX (iShares MSCI EAFE International Index Fund) and ANDIX (AQR International Defensive Style Fund) are both Foreign Large Cap Equities funds. Their correlation of 0.93 suggests significant overlap in exposure. MDIIX charges 0.35%/yr vs 0.55%/yr for ANDIX.
Performance
MDIIX vs. ANDIX - Performance Comparison
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Returns By Period
MDIIX
- 1D
- 0.19%
- 1M
- 2.16%
- YTD
- 10.73%
- 6M
- 10.21%
- 1Y
- 24.34%
- 3Y*
- 17.38%
- 5Y*
- 9.10%
- 10Y*
- 9.93%
ANDIX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MDIIX vs. ANDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDIIX iShares MSCI EAFE International Index Fund | 10.73% | 31.36% | 3.36% | 18.04% | -14.33% | 10.98% | 7.68% | 21.55% | -13.62% | 24.84% |
ANDIX AQR International Defensive Style Fund | 5.63% | 21.41% | 2.83% | 12.06% | -14.26% | 7.59% | 8.43% | 18.39% | -10.35% | 22.86% |
Correlation
The correlation between MDIIX and ANDIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2012 | 0.93 |
The correlation between MDIIX and ANDIX shifts across timeframes, from 0.81 (1 year) to 0.94 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDIIX vs. ANDIX — Risk / Return Rank
MDIIX
ANDIX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MDIIX vs. ANDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE International Index Fund (MDIIX) and AQR International Defensive Style Fund (ANDIX). 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.
| MDIIX | ANDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | — | — |
| Martin ratioReturn relative to average drawdown | 8.38 | — | — |
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Drawdowns
MDIIX vs. ANDIX - Drawdown Comparison
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Drawdown Indicators
| MDIIX | ANDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.26% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.67% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.43% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.34% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | — | — |
Average DrawdownAverage peak-to-trough decline | -15.54% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | — | — |
Volatility
MDIIX vs. ANDIX - Volatility Comparison
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Volatility by Period
| MDIIX | ANDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.49% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | — | — |
MDIIX vs. ANDIX - Expense Ratio Comparison
MDIIX has a 0.35% expense ratio, which is lower than ANDIX's 0.55% expense ratio.
Dividends
MDIIX vs. ANDIX - Dividend Comparison
MDIIX's dividend yield for the trailing twelve months is around 3.16%, less than ANDIX's 70.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANDIX AQR International Defensive Style Fund | 70.16% | 4.74% | 2.29% | 3.02% | 2.00% | 2.53% | 1.73% | 2.51% | 2.40% | 3.30% | 1.47% | 2.09% |
MDIIX iShares MSCI EAFE International Index Fund | 3.16% | 3.49% | 3.15% | 2.94% | 2.52% | 2.78% | 1.72% | 3.05% | 4.24% | 2.21% | 2.60% | 1.94% |
Frequently Asked Questions
MDIIX and ANDIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MDIIX and ANDIX
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