MDLZ vs. BKLC

Last updated Jul 14, 2026

MDLZ (Mondelez International, Inc.) is a stock, while BKLC (BNY Mellon US Large Cap Core Equity ETF) is Large Cap Blend Equities fund tracking the Morningstar US Large Cap Index. Over the past 5 years, MDLZ returned 1.48%/yr vs 13.17%/yr for BKLC. At a 0.29 correlation, their price movements are largely independent.

Performance

MDLZ vs. BKLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mondelez International, Inc. (MDLZ) and BNY Mellon US Large Cap Core Equity ETF (BKLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MDLZ achieves a 13.10% return, which is significantly higher than BKLC's 10.47% return.

MDLZ

• 1D: 1.75%
• 1M: -4.17%
• 6M: 10.86%
• YTD: 13.10%
• 1Y: -7.80%
• 3Y*: -3.33%
• 5Y*: 1.48%
• 10Y*: 5.27%

BKLC

• 1D: -0.77%
• 1M: 1.31%
• 6M: 8.45%
• YTD: 10.47%
• 1Y: 21.59%
• 3Y*: 21.06%
• 5Y*: 13.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MDLZ vs. BKLC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MDLZ Mondelez International, Inc.	13.10%	-7.03%	-15.30%	11.17%	2.92%	15.87%	14.79%
BKLC BNY Mellon US Large Cap Core Equity ETF	10.47%	18.06%	25.56%	30.88%	-20.52%	27.41%	37.31%

Correlation

The correlation between MDLZ and BKLC is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 9, 2020	0.29

The correlation between MDLZ and BKLC shifts across timeframes, from -0.09 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MDLZ vs. BKLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MDLZ

MDLZ Risk / Return Rank: 31
MDLZ Sharpe Ratio Rank: 30
MDLZ Sortino Ratio Rank: 26
MDLZ Omega Ratio Rank: 27
MDLZ Calmar Ratio Rank: 35
MDLZ Martin Ratio Rank: 36

BKLC

BKLC Risk / Return Rank: 64
BKLC Sharpe Ratio Rank: 64
BKLC Sortino Ratio Rank: 62
BKLC Omega Ratio Rank: 64
BKLC Calmar Ratio Rank: 60
BKLC Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MDLZ vs. BKLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) and BNY Mellon US Large Cap Core Equity ETF (BKLC). 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.

	MDLZ	BKLC	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	1.69	-2.03
Sortino ratio: Return per unit of downside risk	-0.33	2.31	-2.64
Omega ratio: Gain probability vs. loss probability	0.96	1.31	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.30	2.38	-2.68
Martin ratio: Return relative to average drawdown	-0.52	10.23	-10.75

MDLZ vs. BKLC - Sharpe Ratio Comparison

The current MDLZ Sharpe Ratio is -0.34, which is lower than the BKLC Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of MDLZ and BKLC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MDLZ vs. BKLC - Drawdown Comparison

The maximum MDLZ drawdown since its inception was -42.52%, which is greater than BKLC's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for MDLZ and BKLC.

Drawdown Indicators

	MDLZ	BKLC	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-26.14%	-16.38%
Max Drawdown (1Y) Largest decline over 1 year	-25.93%	-9.10%	-16.83%
Max Drawdown (3Y) Largest decline over 3 years	-29.00%	-19.05%	-9.95%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	-26.14%	-3.00%
Max Drawdown (10Y) Largest decline over 10 years	-29.74%	—	—
Current Drawdown Current decline from peak	-16.24%	-1.15%	-15.09%
Average Drawdown Average peak-to-trough decline	-11.05%	-5.21%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.08%	2.12%	+12.96%

Volatility

MDLZ vs. BKLC - Volatility Comparison

Mondelez International, Inc. (MDLZ) has a higher volatility of 8.44% compared to BNY Mellon US Large Cap Core Equity ETF (BKLC) at 4.13%. This indicates that MDLZ's price experiences larger fluctuations and is considered to be riskier than BKLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDLZ	BKLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.44%	4.13%	+4.31%
Volatility (6M) Calculated over the trailing 6-month period	17.21%	10.19%	+7.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.10%	12.87%	+10.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.83%	17.29%	+2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.99%	17.42%	+3.57%

Dividends

MDLZ vs. BKLC - Dividend Comparison

MDLZ's dividend yield for the trailing twelve months is around 3.34%, more than BKLC's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKLC BNY Mellon US Large Cap Core Equity ETF	1.06%	1.05%	1.22%	1.35%	1.64%	1.10%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
MDLZ Mondelez International, Inc.	3.34%	3.60%	3.00%	2.24%	2.21%	2.01%	2.05%	1.98%	2.40%	1.92%	1.62%	1.43%

Frequently Asked Questions

Can I hold both MDLZ and BKLC in my portfolio?

MDLZ and BKLC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MDLZ or BKLC?

MDLZ has higher volatility (8.44%) compared to BKLC (4.13%). In terms of maximum drawdown, MDLZ dropped -42.52% vs BKLC's -26.14%.

Which has better risk-adjusted returns?

BKLC currently has the higher Sharpe Ratio (1.69 vs -0.34), 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.