PGIIX vs. MDGCX
PGIIX (Polen Global Growth Fund) and MDGCX (BlackRock Advantage Global Fund, Inc.) are both Global Equities funds. Over the past 10 years, PGIIX returned 10.33%/yr vs 12.17%/yr for MDGCX. Their correlation of 0.83 suggests significant overlap in exposure. PGIIX charges 0.99%/yr vs 0.96%/yr for MDGCX.
Performance
PGIIX vs. MDGCX - Performance Comparison
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Returns By Period
In the year-to-date period, PGIIX achieves a -5.89% return, which is significantly lower than MDGCX's 16.34% return. Over the past 10 years, PGIIX has underperformed MDGCX with an annualized return of 10.33%, while MDGCX has yielded a comparatively higher 12.17% annualized return.
PGIIX
- 1D
- 0.58%
- 1M
- 2.35%
- 6M
- -7.19%
- YTD
- -5.89%
- 1Y
- -5.52%
- 3Y*
- 6.81%
- 5Y*
- 0.71%
- 10Y*
- 10.33%
MDGCX
- 1D
- 0.66%
- 1M
- -0.40%
- 6M
- 13.15%
- YTD
- 16.34%
- 1Y
- 31.41%
- 3Y*
- 20.11%
- 5Y*
- 10.77%
- 10Y*
- 12.17%
PGIIX vs. MDGCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGIIX Polen Global Growth Fund | -5.89% | 1.91% | 16.43% | 31.09% | -31.20% | 17.43% | 23.67% | 35.47% | 2.48% | 31.52% |
MDGCX BlackRock Advantage Global Fund, Inc. | 16.34% | 23.61% | 10.87% | 22.43% | -17.94% | 17.52% | 15.61% | 25.54% | -11.73% | 23.41% |
Correlation
The correlation between PGIIX and MDGCX is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 2014 | 0.83 |
The correlation between PGIIX and MDGCX has been stable across timeframes, ranging from 0.76 to 0.84 - a consistent structural relationship.
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Return for Risk
PGIIX vs. MDGCX — Risk / Return Rank
PGIIX
MDGCX
PGIIX vs. MDGCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Global Growth Fund (PGIIX) and BlackRock Advantage Global Fund, Inc. (MDGCX). 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.
| PGIIX | MDGCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.75 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.42 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 3.87 | -4.20 |
| Martin ratioReturn relative to average drawdown | -0.75 | 15.57 | -16.32 |
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Drawdowns
PGIIX vs. MDGCX - Drawdown Comparison
The maximum PGIIX drawdown since its inception was -37.09%, smaller than the maximum MDGCX drawdown of -48.25%. Use the drawdown chart below to compare losses from any high point for PGIIX and MDGCX.
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Drawdown Indicators
| PGIIX | MDGCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.09% | -48.25% | +11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -22.38% | -8.07% | -14.31% |
Max Drawdown (3Y)Largest decline over 3 years | -22.38% | -21.46% | -0.92% |
Max Drawdown (5Y)Largest decline over 5 years | -37.09% | -26.68% | -10.41% |
Max Drawdown (10Y)Largest decline over 10 years | -37.09% | -34.87% | -2.22% |
Current DrawdownCurrent decline from peak | -10.98% | -2.90% | -8.08% |
Average DrawdownAverage peak-to-trough decline | -7.08% | -9.91% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.68% | 2.00% | +7.68% |
Volatility
PGIIX vs. MDGCX - Volatility Comparison
Polen Global Growth Fund (PGIIX) has a higher volatility of 5.34% compared to BlackRock Advantage Global Fund, Inc. (MDGCX) at 4.78%. This indicates that PGIIX's price experiences larger fluctuations and is considered to be riskier than MDGCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGIIX | MDGCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 4.78% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 13.50% | 11.28% | +2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.49% | 13.54% | +2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.75% | 16.30% | +3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 17.11% | +2.16% |
PGIIX vs. MDGCX - Expense Ratio Comparison
PGIIX has a 0.99% expense ratio, which is higher than MDGCX's 0.96% expense ratio.
Dividends
PGIIX vs. MDGCX - Dividend Comparison
PGIIX's dividend yield for the trailing twelve months is around 22.97%, more than MDGCX's 7.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDGCX BlackRock Advantage Global Fund, Inc. | 7.66% | 8.91% | 7.78% | 1.42% | 1.75% | 16.75% | 3.77% | 1.73% | 4.06% | 34.82% | 0.65% | 5.18% |
PGIIX Polen Global Growth Fund | 22.97% | 21.62% | 7.45% | 0.00% | 1.15% | 2.48% | 0.00% | 0.04% | 1.93% | 0.00% | 0.05% | 0.09% |
Frequently Asked Questions
PGIIX and MDGCX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGIIX has higher volatility (5.34%) compared to MDGCX (4.78%). In terms of maximum drawdown, PGIIX dropped -37.09% vs MDGCX's -48.25%.
MDGCX currently has the higher Sharpe Ratio (2.30 vs -0.45), 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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