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BlackRock Technology Opportunities Institutional (...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US0919296121
CUSIP
91929612
Issuer
BlackRock
Inception Date
May 15, 2000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock Technology Opportunities Institutional, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

BlackRock Technology Opportunities Institutional (BGSIX) has returned -10.51% so far this year and 23.26% over the past 12 months. Looking at the last ten years, BGSIX has achieved an annualized return of 20.45%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


BlackRock Technology Opportunities Institutional

1D
-1.97%
1M
-11.18%
YTD
-10.51%
6M
-11.50%
1Y
23.26%
3Y*
23.32%
5Y*
7.37%
10Y*
20.45%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 15, 2000, BGSIX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, your investment would double in approximately 5.9 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jun 2000 with a return of +18.8%, while the worst month was Sep 2001 at -22.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, BGSIX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +13.0%, while the worst single day was Mar 16, 2020 at -12.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.28%-1.49%-11.18%-10.51%
20252.12%-4.15%-11.05%3.32%11.31%9.47%3.07%0.06%7.27%6.37%-6.27%-0.81%19.92%
20244.29%8.72%1.26%-5.77%7.78%8.53%-4.01%0.59%4.82%-0.32%5.60%4.06%40.31%
202311.97%-0.38%7.61%-3.04%9.14%6.12%3.89%-2.15%-6.74%-2.27%14.10%4.89%49.49%
2022-14.05%-4.71%2.17%-14.90%-3.62%-11.05%13.74%-4.83%-11.94%1.62%5.70%-8.79%-42.99%
20212.72%0.94%-5.92%4.40%-2.43%8.21%1.09%3.07%-6.09%7.09%-1.90%-1.88%8.45%

Benchmark Metrics

BlackRock Technology Opportunities Institutional has an annualized alpha of 3.77%, beta of 1.09, and R² of 0.72 versus S&P 500 Index. Calculated based on daily prices since May 16, 2000.

  • This fund captured 141.03% of S&P 500 Index gains and 118.39% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 3.77% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 1.09 and R² of 0.72, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
3.77%
Beta
1.09
0.72
Upside Capture
141.03%
Downside Capture
118.39%

Expense Ratio

BGSIX has a high expense ratio of 0.93%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

BGSIX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


BGSIX Risk / Return Rank: 3434
Overall Rank
BGSIX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
BGSIX Sortino Ratio Rank: 3939
Sortino Ratio Rank
BGSIX Omega Ratio Rank: 3535
Omega Ratio Rank
BGSIX Calmar Ratio Rank: 3434
Calmar Ratio Rank
BGSIX Martin Ratio Rank: 2626
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and compare them to a chosen benchmark (S&P 500 Index).


BGSIXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.81

0.90

-0.09

Sortino ratio

Return per unit of downside risk

1.29

1.39

-0.10

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.04

Calmar ratio

Return relative to maximum drawdown

0.97

1.40

-0.43

Martin ratio

Return relative to average drawdown

2.93

6.61

-3.67

Explore BGSIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

BlackRock Technology Opportunities Institutional provided a 13.59% dividend yield over the last twelve months, with an annual payout of $9.47 per share.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$2.00$4.00$6.00$8.00$10.002016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$9.47$9.47$5.72$0.00$0.00$4.69$2.91$0.51$0.30$1.97$0.20

Dividend yield

13.59%12.16%7.82%0.00%0.00%7.12%4.47%1.39%1.15%7.72%1.10%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Technology Opportunities Institutional. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$4.40$0.00$0.00$0.00$0.00$5.07$9.47
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$5.72$5.72
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$2.45$0.00$0.00$0.00$0.00$2.24$4.69

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Technology Opportunities Institutional. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Technology Opportunities Institutional was 73.48%, occurring on Oct 7, 2002. Recovery took 2777 trading sessions.

The current BlackRock Technology Opportunities Institutional drawdown is 18.42%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-73.48%Sep 29, 2000505Oct 7, 20022777Oct 17, 20133282
-49.11%Nov 17, 2021229Oct 14, 2022419Jun 17, 2024648
-30.06%Feb 20, 202018Mar 16, 202045May 19, 202063
-27.73%Feb 19, 202534Apr 8, 202553Jun 25, 202587
-25.17%Aug 30, 201880Dec 24, 201859Mar 21, 2019139

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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