TAIAX vs. MDDVX
TAIAX (American Funds Tax-Aware Conservative Growth and Income Portfolio) and MDDVX (BlackRock Equity Dividend Fund Investor A Shares) are both mutual funds - TAIAX is a Diversified Portfolio fund managed by American Funds, while MDDVX is a Dividend fund actively managed by BlackRock. Over the past 10 years, TAIAX returned 7.65%/yr vs 11.65%/yr for MDDVX. Their correlation of 0.86 means they have usually moved in the same direction. TAIAX charges 0.34%/yr vs 0.94%/yr for MDDVX.
Performance
TAIAX vs. MDDVX - Performance Comparison
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Returns By Period
In the year-to-date period, TAIAX achieves a 6.95% return, which is significantly lower than MDDVX's 17.75% return. Over the past 10 years, TAIAX has underperformed MDDVX with an annualized return of 7.65%, while MDDVX has yielded a comparatively higher 11.65% annualized return.
TAIAX
- 1D
- 0.45%
- 1M
- 0.06%
- 6M
- 4.90%
- YTD
- 6.95%
- 1Y
- 13.60%
- 3Y*
- 12.16%
- 5Y*
- 6.92%
- 10Y*
- 7.65%
- ALL TIME*
- 8.03%
MDDVX
- 1D
- 1.34%
- 1M
- 3.01%
- 6M
- 12.69%
- YTD
- 17.75%
- 1Y
- 29.52%
- 3Y*
- 16.90%
- 5Y*
- 11.39%
- 10Y*
- 11.65%
- ALL TIME*
- 9.99%
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 |
TAIAX vs. MDDVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAIAX American Funds Tax-Aware Conservative Growth and Income Portfolio | 6.95% | 13.27% | 10.09% | 11.74% | -10.18% | 13.47% | 7.46% | 16.26% | -2.17% | 14.25% |
MDDVX BlackRock Equity Dividend Fund Investor A Shares | 17.75% | 21.43% | 6.78% | 12.39% | -4.17% | 19.86% | 3.74% | 27.30% | -7.42% | 16.06% |
Correlation
The correlation between TAIAX and MDDVX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 21, 2012 | 0.86 |
The correlation between TAIAX and MDDVX has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.
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Return for Risk
TAIAX vs. MDDVX — Risk / Return Rank
TAIAX
MDDVX
TAIAX vs. MDDVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Tax-Aware Conservative Growth and Income Portfolio (TAIAX) and BlackRock Equity Dividend Fund Investor A Shares (MDDVX). 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.
| TAIAX | MDDVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.47 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 3.42 | -1.06 |
| Martin ratioReturn relative to average drawdown | 10.68 | 14.63 | -3.95 |
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Drawdowns
TAIAX vs. MDDVX - Drawdown Comparison
The maximum TAIAX drawdown since its inception was -21.42%, smaller than the maximum MDDVX drawdown of -50.22%. Use the drawdown chart below to compare losses from any high point for TAIAX and MDDVX.
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Drawdown Indicators
| TAIAX | MDDVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.42% | -50.22% | +28.80% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | -9.02% | +2.86% |
Max Drawdown (3Y)Largest decline over 3 years | -8.75% | -15.26% | +6.51% |
Max Drawdown (5Y)Largest decline over 5 years | -16.76% | -18.18% | +1.42% |
Max Drawdown (10Y)Largest decline over 10 years | -21.42% | -35.93% | +14.51% |
Current DrawdownCurrent decline from peak | -0.28% | 0.00% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -2.19% | -5.90% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 2.11% | -0.75% |
Volatility
TAIAX vs. MDDVX - Volatility Comparison
The current volatility for American Funds Tax-Aware Conservative Growth and Income Portfolio (TAIAX) is 1.77%, while BlackRock Equity Dividend Fund Investor A Shares (MDDVX) has a volatility of 3.45%. This indicates that TAIAX experiences smaller price fluctuations and is considered to be less risky than MDDVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAIAX | MDDVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 3.45% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 5.73% | 9.52% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.89% | 11.81% | -4.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.69% | 14.22% | -6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.19% | 16.31% | -8.12% |
TAIAX vs. MDDVX - Expense Ratio Comparison
TAIAX has a 0.34% expense ratio, which is lower than MDDVX's 0.94% expense ratio.
Dividends
TAIAX vs. MDDVX - Dividend Comparison
TAIAX's dividend yield for the trailing twelve months is around 4.82%, less than MDDVX's 13.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDDVX BlackRock Equity Dividend Fund Investor A Shares | 13.69% | 10.06% | 8.38% | 6.89% | 13.29% | 11.93% | 6.15% | 12.95% | 13.77% | 14.20% | 7.79% | 18.15% |
TAIAX American Funds Tax-Aware Conservative Growth and Income Portfolio | 4.82% | 5.18% | 5.16% | 4.29% | 4.37% | 3.40% | 2.65% | 4.01% | 4.54% | 4.04% | 2.77% | 3.38% |
Frequently Asked Questions
TAIAX and MDDVX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDDVX has higher volatility (3.45%) compared to TAIAX (1.77%). In terms of maximum drawdown, TAIAX dropped -21.42% vs MDDVX's -50.22%.
MDDVX currently has the higher Sharpe Ratio (2.62 vs 2.12), 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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