VDADX vs. MDCPX
VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) and MDCPX (BlackRock Balanced Capital Fund Investor A Shares) are both mutual funds - VDADX is a Dividend fund tracking the S&P U.S. Dividend Growers Index, while MDCPX is a Diversified Portfolio fund actively managed by BlackRock. VDADX is passively managed, while MDCPX is actively managed. Over the past 10 years, VDADX returned 13.05%/yr vs 9.99%/yr for MDCPX. Their correlation of 0.88 suggests significant overlap in exposure. VDADX charges 0.07%/yr vs 0.78%/yr for MDCPX.
Performance
VDADX vs. MDCPX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with VDADX having a 6.53% return and MDCPX slightly lower at 6.42%. Over the past 10 years, VDADX has outperformed MDCPX with an annualized return of 13.05%, while MDCPX has yielded a comparatively lower 9.99% annualized return.
VDADX
- 1D
- -1.36%
- 1M
- 2.28%
- YTD
- 6.53%
- 6M
- 6.41%
- 1Y
- 18.22%
- 3Y*
- 16.23%
- 5Y*
- 10.38%
- 10Y*
- 13.05%
MDCPX
- 1D
- -1.99%
- 1M
- -0.68%
- YTD
- 6.42%
- 6M
- 7.39%
- 1Y
- 16.87%
- 3Y*
- 14.13%
- 5Y*
- 7.95%
- 10Y*
- 9.99%
VDADX vs. MDCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares | 6.53% | 14.17% | 16.99% | 14.44% | -9.80% | 23.59% | 15.47% | 29.68% | -2.06% | 22.22% |
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 6.42% | 15.32% | 12.47% | 16.59% | -15.70% | 16.49% | 15.07% | 21.59% | -3.48% | 14.24% |
Correlation
The correlation between VDADX and MDCPX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2013 | 0.88 |
The correlation between VDADX and MDCPX has been stable across timeframes, ranging from 0.80 to 0.88 - a consistent structural relationship.
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Return for Risk
VDADX vs. MDCPX — Risk / Return Rank
VDADX
MDCPX
VDADX vs. MDCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) and BlackRock Balanced Capital Fund Investor A Shares (MDCPX). 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.
| VDADX | MDCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.38 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.80 | -0.41 |
| Martin ratioReturn relative to average drawdown | 9.65 | 12.12 | -2.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VDADX | MDCPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 2.04 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.72 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.87 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.66 | +0.10 |
Drawdowns
VDADX vs. MDCPX - Drawdown Comparison
The maximum VDADX drawdown since its inception was -31.70%, smaller than the maximum MDCPX drawdown of -41.98%. Use the drawdown chart below to compare losses from any high point for VDADX and MDCPX.
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Drawdown Indicators
| VDADX | MDCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -41.98% | +10.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.93% | -6.22% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -10.65% | -4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -20.42% | -21.99% | +1.57% |
Max Drawdown (10Y)Largest decline over 10 years | -31.70% | -24.58% | -7.12% |
Current DrawdownCurrent decline from peak | -1.36% | -2.36% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -3.40% | -5.09% | +1.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 1.43% | +0.53% |
Volatility
VDADX vs. MDCPX - Volatility Comparison
The current volatility for Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) is 2.55%, while BlackRock Balanced Capital Fund Investor A Shares (MDCPX) has a volatility of 3.07%. This indicates that VDADX experiences smaller price fluctuations and is considered to be less risky than MDCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VDADX | MDCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.55% | 3.07% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | 7.03% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.16% | 8.55% | +1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.28% | 11.09% | +3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 11.48% | +4.72% |
VDADX vs. MDCPX - Expense Ratio Comparison
VDADX has a 0.07% expense ratio, which is lower than MDCPX's 0.78% expense ratio.
Dividends
VDADX vs. MDCPX - Dividend Comparison
VDADX's dividend yield for the trailing twelve months is around 1.46%, less than MDCPX's 8.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDCPX BlackRock Balanced Capital Fund Investor A Shares | 8.09% | 8.61% | 7.44% | 2.63% | 3.82% | 12.27% | 4.02% | 5.25% | 7.84% | 19.39% | 4.67% | 5.04% |
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares | 1.46% | 1.60% | 1.71% | 1.86% | 1.94% | 1.53% | 1.61% | 1.69% | 2.07% | 1.88% | 2.14% | 2.34% |
Frequently Asked Questions
VDADX and MDCPX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDCPX has higher volatility (3.07%) compared to VDADX (2.55%). In terms of maximum drawdown, VDADX dropped -31.70% vs MDCPX's -41.98%.
MDCPX currently has the higher Sharpe Ratio (2.04 vs 1.87), 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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