SHSAX's Sortino Ratio of 1.71 indicates that for each unit of downside volatility, it generates 1.71 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
SHSAX Sortino Ratio Rank
SHSAX ranks above 15.8% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Weak downside-adjusted returns relative to category peers
- Evaluate whether this holding aligns with your risk-return objectives
- Consider reducing exposure or implementing downside hedges
- Review higher-ranked alternatives in the same category
SHSAX Sortino Ratio Market Positioning
The chart shows SHSAX's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 2.07 or lower
- Yellow zone (middle 50%): 2.07 to 3.61
- Green zone (top 25%): 3.61 or higher
- Top 1%: 9.13+
- Median: 2.99 — half of all investments score higher
How it compares to other similar mutual funds
The table compares BlackRock Health Sciences Opportunities Portfolio's Sortino Ratio with other mutual funds in the Health & Biotech Equities category across multiple time periods, showing how SHSAX's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| FBDIX | Franklin Biotechnology Discovery Fund | 4.22 | |||
| ETIHX | Eventide Healthcare & Life Sciences Fund | 3.61 | |||
| FBIOX | Fidelity Select Biotechnology Portfolio | 3.52 | |||
| FIJYX | Fidelity Advisor Biotechnology Fund Class Z | 3.37 | |||
| FBTIX | Fidelity Advisor Biotechnology Fund I Class | 3.36 | |||
| RYOIX | Rydex Biotechnology Fund | 3.35 | |||
| FBTAX | Fidelity Advisor Biotechnology Fund Class A | 3.34 | |||
| FBTTX | Fidelity Advisor Biotechnology Fund Class M | 3.32 | |||
| FBTCX | Fidelity Advisor Biotechnology Fund Class C | 3.28 | |||
| JNGLX | Janus Henderson Global Life Sciences Fund | 3.03 | |||
| SHSAX | BlackRock Health Sciences Opportunities Portfolio | 1.71 |
Historical Sortino Ratio
The chart shows SHSAX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when SHSAX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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