MERDX vs. ILCB
Compare and contrast key facts about Meridian Growth Fund (MERDX) and iShares Morningstar U.S. Equity ETF (ILCB).
MERDX is managed by Meridian. It was launched on Aug 1, 1984. ILCB is a passively managed fund by iShares that tracks the performance of the Morningstar US Large-Mid Cap Index. It was launched on Jun 28, 2004.
Performance
MERDX vs. ILCB - Performance Comparison
Loading graphics...
MERDX vs. ILCB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MERDX Meridian Growth Fund | -10.55% | -6.25% | 6.42% | 15.29% | -29.13% | 15.58% | 24.93% | 27.67% | -7.30% | 25.64% |
ILCB iShares Morningstar U.S. Equity ETF | -4.57% | 17.70% | 24.96% | 26.91% | -19.48% | 24.07% | 19.40% | 32.68% | -8.51% | 22.09% |
Returns By Period
In the year-to-date period, MERDX achieves a -10.55% return, which is significantly lower than ILCB's -4.57% return. Over the past 10 years, MERDX has underperformed ILCB with an annualized return of 5.88%, while ILCB has yielded a comparatively higher 13.49% annualized return.
MERDX
- 1D
- -1.13%
- 1M
- -9.36%
- YTD
- -10.55%
- 6M
- -10.85%
- 1Y
- -8.85%
- 3Y*
- -2.55%
- 5Y*
- -5.02%
- 10Y*
- 5.88%
ILCB
- 1D
- 2.92%
- 1M
- -4.96%
- YTD
- -4.57%
- 6M
- -2.23%
- 1Y
- 17.62%
- 3Y*
- 18.30%
- 5Y*
- 11.15%
- 10Y*
- 13.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MERDX vs. ILCB - Expense Ratio Comparison
MERDX has a 0.85% expense ratio, which is higher than ILCB's 0.03% expense ratio.
Return for Risk
MERDX vs. ILCB — Risk / Return Rank
MERDX
ILCB
MERDX vs. ILCB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meridian Growth Fund (MERDX) and iShares Morningstar U.S. Equity ETF (ILCB). 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.
| MERDX | ILCB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.48 | 0.96 | -1.44 |
Sortino ratioReturn per unit of downside risk | -0.56 | 1.47 | -2.03 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.22 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.51 | -2.00 |
Martin ratioReturn relative to average drawdown | -1.37 | 7.11 | -8.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MERDX | ILCB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 0.96 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 0.65 | -0.89 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.75 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.60 | -0.16 |
Correlation
The correlation between MERDX and ILCB is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MERDX vs. ILCB - Dividend Comparison
MERDX's dividend yield for the trailing twelve months is around 10.09%, more than ILCB's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MERDX Meridian Growth Fund | 10.09% | 9.03% | 0.24% | 0.00% | 13.80% | 15.49% | 0.88% | 9.15% | 16.44% | 7.07% | 0.57% | 12.17% |
ILCB iShares Morningstar U.S. Equity ETF | 1.13% | 1.11% | 1.19% | 1.43% | 1.65% | 1.16% | 1.26% | 2.25% | 2.17% | 1.81% | 1.97% | 2.44% |
Drawdowns
MERDX vs. ILCB - Drawdown Comparison
The maximum MERDX drawdown since its inception was -48.45%, smaller than the maximum ILCB drawdown of -51.53%. Use the drawdown chart below to compare losses from any high point for MERDX and ILCB.
Loading graphics...
Drawdown Indicators
| MERDX | ILCB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -51.53% | +3.08% |
Max Drawdown (1Y)Largest decline over 1 year | -14.50% | -12.07% | -2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -37.93% | -25.47% | -12.46% |
Max Drawdown (10Y)Largest decline over 10 years | -40.64% | -35.30% | -5.34% |
Current DrawdownCurrent decline from peak | -32.68% | -6.44% | -26.24% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -6.28% | -3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.67% | 2.57% | +3.10% |
Volatility
MERDX vs. ILCB - Volatility Comparison
Meridian Growth Fund (MERDX) has a higher volatility of 5.71% compared to iShares Morningstar U.S. Equity ETF (ILCB) at 5.34%. This indicates that MERDX's price experiences larger fluctuations and is considered to be riskier than ILCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MERDX | ILCB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.71% | 5.34% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.04% | 9.62% | +2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.35% | 18.41% | +4.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.37% | 17.13% | +4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.27% | 18.14% | +3.13% |