VBCVX vs. MALVX
VBCVX (VALIC Company I Systematic Value Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, VBCVX returned 10.65%/yr vs 12.99%/yr for MALVX. Their 0.95 correlation means they have historically moved very closely together. VBCVX charges 0.48%/yr vs 0.54%/yr for MALVX.
Performance
VBCVX vs. MALVX - Performance Comparison
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Returns By Period
In the year-to-date period, VBCVX achieves a 19.39% return, which is significantly lower than MALVX's 22.59% return. Over the past 10 years, VBCVX has underperformed MALVX with an annualized return of 10.65%, while MALVX has yielded a comparatively higher 12.99% annualized return.
VBCVX
- 1D
- 0.61%
- 1M
- 2.30%
- 6M
- 14.96%
- YTD
- 19.39%
- 1Y
- 30.64%
- 3Y*
- 16.42%
- 5Y*
- 11.30%
- 10Y*
- 10.65%
- ALL TIME*
- 6.86%
MALVX
- 1D
- 0.97%
- 1M
- 1.94%
- 6M
- 17.40%
- YTD
- 22.59%
- 1Y
- 38.80%
- 3Y*
- 20.54%
- 5Y*
- 12.93%
- 10Y*
- 12.99%
- ALL TIME*
- 9.20%
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 |
VBCVX vs. MALVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBCVX VALIC Company I Systematic Value Fund | 19.39% | 10.37% | 16.75% | 11.06% | -6.57% | 31.26% | -2.16% | 23.66% | -17.02% | 18.17% |
MALVX BlackRock Advantage Large Cap Value Fund | 22.59% | 18.38% | 15.39% | 13.74% | -8.68% | 26.51% | 3.91% | 24.74% | -7.74% | 15.82% |
Correlation
The correlation between VBCVX and MALVX is 0.95 - 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. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2005 | 0.95 |
The correlation between VBCVX and MALVX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
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Return for Risk
VBCVX vs. MALVX — Risk / Return Rank
VBCVX
MALVX
VBCVX vs. MALVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VALIC Company I Systematic Value Fund (VBCVX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.
| VBCVX | MALVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.58 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 5.55 | -1.37 |
| Martin ratioReturn relative to average drawdown | 17.44 | 25.78 | -8.34 |
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Drawdowns
VBCVX vs. MALVX - Drawdown Comparison
The maximum VBCVX drawdown since its inception was -58.88%, which is greater than MALVX's maximum drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for VBCVX and MALVX.
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Drawdown Indicators
| VBCVX | MALVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.88% | -55.21% | -3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.73% | -6.53% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -19.90% | -16.13% | -3.77% |
Max Drawdown (5Y)Largest decline over 5 years | -19.90% | -19.73% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -40.12% | -37.12% | -3.00% |
Current DrawdownCurrent decline from peak | -0.33% | -0.19% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -8.70% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 1.41% | +0.21% |
Volatility
VBCVX vs. MALVX - Volatility Comparison
VALIC Company I Systematic Value Fund (VBCVX) has a higher volatility of 3.00% compared to BlackRock Advantage Large Cap Value Fund (MALVX) at 2.77%. This indicates that VBCVX's price experiences larger fluctuations and is considered to be riskier than MALVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBCVX | MALVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.00% | 2.77% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 8.90% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.16% | 11.35% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.03% | 14.78% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.52% | 17.25% | +0.27% |
VBCVX vs. MALVX - Expense Ratio Comparison
VBCVX has a 0.48% expense ratio, which is lower than MALVX's 0.54% expense ratio.
Dividends
VBCVX vs. MALVX - Dividend Comparison
VBCVX's dividend yield for the trailing twelve months is around 7.75%, less than MALVX's 10.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MALVX BlackRock Advantage Large Cap Value Fund | 10.57% | 9.23% | 14.33% | 2.84% | 5.96% | 17.48% | 1.68% | 3.92% | 12.95% | 0.43% | 1.38% | 1.01% |
VBCVX VALIC Company I Systematic Value Fund | 7.75% | 0.00% | 1.61% | 7.29% | 4.41% | 19.32% | 13.79% | 10.74% | 1.92% | 4.14% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, VBCVX and MALVX 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.
VBCVX has higher volatility (3.00%) compared to MALVX (2.77%). In terms of maximum drawdown, VBCVX dropped -58.88% vs MALVX's -55.21%.
MALVX currently has the higher Sharpe Ratio (3.20 vs 2.53), 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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