WBREOX vs. MADVX

Last updated Aug 1, 2026

WBREOX (CIT: BlackRock Equity Index Fund Class 1) and MADVX (BlackRock Equity Dividend Fund) are both mutual funds - WBREOX is a Large Cap Blend Equities fund tracking the S&P 500, while MADVX is a Large Cap Value Equities fund managed by BlackRock. Over the past year, WBREOX returned 18.70% vs 28.55% for MADVX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. WBREOX charges 0.02%/yr vs 0.68%/yr for MADVX.

Performance

WBREOX vs. MADVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and BlackRock Equity Dividend Fund (MADVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBREOX achieves a 9.35% return, which is significantly lower than MADVX's 15.65% return.

WBREOX

• 1D: 1.66%
• 1M: -0.56%
• 6M: 7.79%
• YTD: 9.35%
• 1Y: 18.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.77%

MADVX

• 1D: 0.90%
• 1M: 1.02%
• 6M: 11.69%
• YTD: 15.65%
• 1Y: 28.55%
• 3Y*: 15.84%
• 5Y*: 11.05%
• 10Y*: 11.81%
• ALL TIME*: 10.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MADVX BlackRock Equity Dividend Fund	$0.00	$0.00	$0.00
WBREOX CIT: BlackRock Equity Index Fund Class 1	$0.00	$0.00	$0.00

WBREOX vs. MADVX - Yearly Performance Comparison

	2026 (YTD)	2025
WBREOX CIT: BlackRock Equity Index Fund Class 1	9.35%	16.64%
MADVX BlackRock Equity Dividend Fund	15.65%	22.09%

Correlation

The correlation between WBREOX and MADVX is 0.60, 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.	0.60
Correlation (All Time) Calculated using the full available price history since Jan 3, 2025	0.55

The correlation between WBREOX and MADVX has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

Return for Risk

WBREOX vs. MADVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WBREOX

WBREOX Risk / Return Rank: 69
WBREOX Sharpe Ratio Rank: 66
WBREOX Sortino Ratio Rank: 66
WBREOX Omega Ratio Rank: 63
WBREOX Calmar Ratio Rank: 71
WBREOX Martin Ratio Rank: 80

MADVX

MADVX Risk / Return Rank: 87
MADVX Sharpe Ratio Rank: 89
MADVX Sortino Ratio Rank: 86
MADVX Omega Ratio Rank: 83
MADVX Calmar Ratio Rank: 85
MADVX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WBREOX vs. MADVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and BlackRock Equity Dividend Fund (MADVX). 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.

	WBREOX	MADVX	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.20	-0.65
Sortino ratio: Return per unit of downside risk	2.23	3.06	-0.83
Omega ratio: Gain probability vs. loss probability	1.28	1.39	-0.11
Calmar ratio: Return relative to maximum drawdown	2.29	2.88	-0.59
Martin ratio: Return relative to average drawdown	9.64	12.34	-2.70

WBREOX vs. MADVX - Sharpe Ratio Comparison

The current WBREOX Sharpe Ratio is 1.55, which is comparable to the MADVX Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of WBREOX and MADVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WBREOX vs. MADVX - Drawdown Comparison

The maximum WBREOX drawdown since its inception was -19.07%, smaller than the maximum MADVX drawdown of -50.00%. Use the drawdown chart below to compare losses from any high point for WBREOX and MADVX.

Drawdown Indicators

	WBREOX	MADVX	Difference
Max Drawdown Largest peak-to-trough decline	-19.07%	-50.00%	+30.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-9.01%	+0.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.94%	—
Current Drawdown Current decline from peak	-2.11%	-0.22%	-1.89%
Average Drawdown Average peak-to-trough decline	-2.52%	-5.27%	+2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.11%	-0.09%

Volatility

WBREOX vs. MADVX - Volatility Comparison

CIT: BlackRock Equity Index Fund Class 1 (WBREOX) and BlackRock Equity Dividend Fund (MADVX) have volatilities of 3.55% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBREOX	MADVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	3.39%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	9.42%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	13.19%	11.84%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	14.20%	+4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	16.30%	+1.96%

WBREOX vs. MADVX - Expense Ratio Comparison

WBREOX has a 0.02% expense ratio, which is lower than MADVX's 0.68% expense ratio.

Dividends

WBREOX vs. MADVX - Dividend Comparison

WBREOX has not paid dividends to shareholders, while MADVX's dividend yield for the trailing twelve months is around 14.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MADVX BlackRock Equity Dividend Fund	14.09%	10.23%	8.58%	7.08%	13.50%	12.15%	6.35%	13.15%	14.04%	14.38%	7.98%	18.44%
WBREOX CIT: BlackRock Equity Index Fund Class 1	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WBREOX and MADVX in my portfolio?

WBREOX and MADVX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBREOX or MADVX?

WBREOX has higher volatility (3.55%) compared to MADVX (3.39%). In terms of maximum drawdown, WBREOX dropped -19.07% vs MADVX's -50.00%.

Which has better risk-adjusted returns?

MADVX currently has the higher Sharpe Ratio (2.20 vs 1.55), 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.