MDLRX vs. VTCLX
MDLRX (BlackRock Advantage Large Cap Core Fund) and VTCLX (Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares) are both Large Cap Blend Equities funds tracking the Russell 1000 Index, from BlackRock and Vanguard respectively. Both are passively managed. Over the past 10 years, MDLRX returned 15.16%/yr vs 14.86%/yr for VTCLX. Their 0.97 correlation means they have historically moved very closely together. MDLRX charges 0.73%/yr vs 0.05%/yr for VTCLX.
Performance
MDLRX vs. VTCLX - Performance Comparison
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Returns By Period
In the year-to-date period, MDLRX achieves a 13.59% return, which is significantly higher than VTCLX's 9.27% return. Both investments have delivered pretty close results over the past 10 years, with MDLRX having a 15.16% annualized return and VTCLX not far behind at 14.86%.
MDLRX
- 1D
- 2.13%
- 1M
- 0.93%
- 6M
- 11.56%
- YTD
- 13.59%
- 1Y
- 28.20%
- 3Y*
- 21.65%
- 5Y*
- 12.87%
- 10Y*
- 15.16%
- ALL TIME*
- 9.32%
VTCLX
- 1D
- 1.63%
- 1M
- -0.80%
- 6M
- 7.72%
- YTD
- 9.27%
- 1Y
- 20.40%
- 3Y*
- 18.54%
- 5Y*
- 11.93%
- 10Y*
- 14.86%
- ALL TIME*
- 10.08%
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 |
MDLRX vs. VTCLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDLRX BlackRock Advantage Large Cap Core Fund | 13.59% | 20.08% | 25.33% | 25.28% | -20.31% | 27.67% | 19.64% | 28.83% | -5.60% | 20.29% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 9.27% | 17.44% | 23.76% | 26.62% | -19.07% | 26.87% | 21.08% | 31.47% | -4.98% | 22.40% |
Correlation
The correlation between MDLRX and VTCLX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | 0.97 |
The correlation between MDLRX and VTCLX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
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Return for Risk
MDLRX vs. VTCLX — Risk / Return Rank
MDLRX
VTCLX
MDLRX vs. VTCLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Core Fund (MDLRX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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.
| MDLRX | VTCLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.07 | +0.92 |
| Martin ratioReturn relative to average drawdown | 14.11 | 8.96 | +5.14 |
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Drawdowns
MDLRX vs. VTCLX - Drawdown Comparison
The maximum MDLRX drawdown since its inception was -54.46%, roughly equal to the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for MDLRX and VTCLX.
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Drawdown Indicators
| MDLRX | VTCLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.46% | -55.18% | +0.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.69% | -8.79% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -19.01% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -26.35% | -24.98% | -1.37% |
Max Drawdown (10Y)Largest decline over 10 years | -34.28% | -34.56% | +0.28% |
Current DrawdownCurrent decline from peak | -0.56% | -1.83% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -11.55% | -7.53% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 2.02% | -0.18% |
Volatility
MDLRX vs. VTCLX - Volatility Comparison
BlackRock Advantage Large Cap Core Fund (MDLRX) has a higher volatility of 3.73% compared to Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) at 3.41%. This indicates that MDLRX's price experiences larger fluctuations and is considered to be riskier than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDLRX | VTCLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 3.41% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 10.16% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.35% | 12.97% | +0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.49% | 17.33% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.37% | 18.27% | +0.10% |
MDLRX vs. VTCLX - Expense Ratio Comparison
MDLRX has a 0.73% expense ratio, which is higher than VTCLX's 0.05% expense ratio.
Dividends
MDLRX vs. VTCLX - Dividend Comparison
MDLRX's dividend yield for the trailing twelve months is around 8.95%, more than VTCLX's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDLRX BlackRock Advantage Large Cap Core Fund | 8.95% | 9.01% | 14.81% | 0.81% | 6.61% | 20.27% | 4.75% | 3.99% | 10.26% | 37.74% | 6.17% | 2.87% |
VTCLX Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares | 0.91% | 0.93% | 1.04% | 1.24% | 1.47% | 1.04% | 1.32% | 1.52% | 1.83% | 1.57% | 1.76% | 1.69% |
Frequently Asked Questions
With a correlation of 0.99, MDLRX and VTCLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MDLRX has higher volatility (3.73%) compared to VTCLX (3.41%). In terms of maximum drawdown, MDLRX dropped -54.46% vs VTCLX's -55.18%.
MDLRX currently has the higher Sharpe Ratio (1.94 vs 1.40), 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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