- ISIN
- US0919375735
- CUSIP
- 091937573
- Issuer
- BlackRock
- Inception Date
- Dec 20, 1999
- Category
- Health & Biotech Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SHSAX Performance Chart
BlackRock Health Sciences Opportunities Portfolio (SHSAX) is down 2.9% since the beginning of the year. SHSAX is currently trading at $63 per share. Investors who bought $1,000 worth of SHSAX shares 5 years ago would now be looking at an investment worth $1,204.
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Returns By Period
BlackRock Health Sciences Opportunities Portfolio (SHSAX) has returned -2.94% so far this year and 16.32% over the past 12 months. Over the last ten years, SHSAX has returned 9.67% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BlackRock Health Sciences Opportunities Portfolio
- 1D
- -0.65%
- 1M
- 0.38%
- YTD
- -2.94%
- 6M
- -3.69%
- 1Y
- 16.32%
- 3Y*
- 6.12%
- 5Y*
- 3.78%
- 10Y*
- 9.67%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SHSAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2000, SHSAX's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 62% of months were positive and 38% were negative. The best month was Feb 2000 with a return of +19.3%, while the worst month was Oct 2008 at -12.4%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SHSAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -10.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.08% | 2.32% | -6.85% | -0.57% | 2.70% | -0.35% | -2.94% | ||||||
| 2025 | 7.01% | 0.36% | -3.53% | -2.21% | -4.57% | 2.25% | -1.72% | 4.89% | 1.76% | 4.61% | 9.02% | -2.05% | 15.85% |
| 2024 | 3.44% | 2.88% | 2.13% | -4.33% | 2.76% | 2.43% | 1.82% | 3.59% | -1.30% | -4.17% | 1.39% | -6.30% | 3.73% |
| 2023 | -0.88% | -4.46% | 3.02% | 3.42% | -3.19% | 4.20% | -0.17% | -0.44% | -3.20% | -3.32% | 4.85% | 4.37% | 3.59% |
| 2022 | -8.82% | -0.98% | 4.27% | -4.78% | 0.49% | -1.74% | 3.12% | -5.19% | -3.14% | 9.09% | 4.83% | -1.88% | -5.94% |
| 2021 | 0.08% | -1.98% | 2.04% | 4.48% | 0.04% | 2.72% | 1.95% | 1.05% | -5.24% | 3.96% | -4.49% | 7.39% | 11.88% |
Benchmark Metrics
BlackRock Health Sciences Opportunities Portfolio has an annualized alpha of 8.09%, beta of 0.72, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since January 03, 2000.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (93.68%) than losses (64.93%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 8.09% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 8.09%
- Beta
- 0.72
- R²
- 0.62
- Upside Capture
- 93.68%
- Downside Capture
- 64.93%
Expense Ratio
SHSAX has a high expense ratio of 1.09%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SHSAX ranks 18 for risk / return — in the bottom 18% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Health Sciences Opportunities Portfolio (SHSAX) and compare them to S&P 500 Index.
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.
| SHSAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.37 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.78 | -1.17 |
| Martin ratioReturn relative to average drawdown | 3.91 | 12.44 | -8.53 |
Dividends
Dividend History
BlackRock Health Sciences Opportunities Portfolio provided a 10.96% dividend yield over the last twelve months, with an annual payout of $6.88 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.88 | $6.88 | $5.73 | $2.51 | $4.88 | $6.93 | $3.20 | $2.51 | $4.59 | $1.89 | $1.08 | $6.11 |
Dividend yield | 10.96% | 10.63% | 9.18% | 3.84% | 7.44% | 9.20% | 4.34% | 3.89% | 8.56% | 3.53% | 2.43% | 12.58% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Health Sciences Opportunities Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.84 | $0.00 | $0.00 | $0.00 | $0.00 | $3.05 | $6.88 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.49 | $0.00 | $0.00 | $0.00 | $0.00 | $3.24 | $5.73 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $2.51 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.73 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $4.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 | $0.00 | $0.00 | $0.00 | $0.00 | $4.30 | $6.93 |
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 Health Sciences Opportunities Portfolio. 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 Health Sciences Opportunities Portfolio was 35.49%, occurring on Jul 23, 2002. Recovery took 212 trading sessions.
The current BlackRock Health Sciences Opportunities Portfolio drawdown is 5.73%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -35.49%Jul 2002 | 6mo 24d | 10mo 8d | 1y 4moDec 2001 - May 2003 |
Financial crisis2007–2009 | -31.69%Mar 2009 | 1y 1mo | 9mo 22d | 1y 11moJan 2008 - Dec 2009 |
COVID crash2020 | -28.36%Mar 2020 | 1mo 2d | 2mo 7d | 3mo 9dFeb 2020 - May 2020 |
Dot-com crash2000–2002 | -25.55%Mar 2001 | 5mo 21d | 9mo 11d | 1y 2moOct 2000 - Dec 2001 |
2016 bear market2016 | -23.20%Feb 2016 | 6mo 25d | 1y 3mo | 1y 10moJul 2015 - Jun 2017 |
Drawdown Indicators
| SHSAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.49% | -56.78% | +21.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.87% | -9.10% | -0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -16.08% | -18.90% | +2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -17.99% | -25.43% | +7.44% |
Max Drawdown (10Y)Largest decline over 10 years | -28.36% | -33.92% | +5.56% |
Current DrawdownCurrent decline from peak | -5.73% | -1.80% | -3.93% |
Average DrawdownAverage peak-to-trough decline | -6.17% | -10.71% | +4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 2.03% | +2.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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