BAGPX vs. NASDX
BAGPX (BlackRock 60/40 Target Allocation Fund Investor A Shares) and NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) are both mutual funds - BAGPX is a Diversified Portfolio fund actively managed by BlackRock, while NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. BAGPX is actively managed, while NASDX is passively managed. Over the past 10 years, BAGPX returned 8.08%/yr vs 22.54%/yr for NASDX. Their correlation of 0.85 suggests significant overlap in exposure. BAGPX charges 0.68%/yr vs 0.63%/yr for NASDX.
Performance
BAGPX vs. NASDX - Performance Comparison
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Returns By Period
In the year-to-date period, BAGPX achieves a 9.49% return, which is significantly lower than NASDX's 21.03% return. Over the past 10 years, BAGPX has underperformed NASDX with an annualized return of 8.08%, while NASDX has yielded a comparatively higher 22.54% annualized return.
BAGPX
- 1D
- -0.52%
- 1M
- 3.72%
- YTD
- 9.49%
- 6M
- 9.79%
- 1Y
- 21.29%
- 3Y*
- 11.75%
- 5Y*
- 5.40%
- 10Y*
- 8.08%
NASDX
- 1D
- -0.29%
- 1M
- 9.16%
- YTD
- 21.03%
- 6M
- 19.66%
- 1Y
- 41.24%
- 3Y*
- 32.52%
- 5Y*
- 19.94%
- 10Y*
- 22.54%
BAGPX vs. NASDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAGPX BlackRock 60/40 Target Allocation Fund Investor A Shares | 9.49% | 15.67% | 2.29% | 15.54% | -16.08% | 7.33% | 20.85% | 20.62% | -6.19% | 14.35% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 21.03% | 21.00% | 36.91% | 54.69% | -32.57% | 27.32% | 48.59% | 38.22% | -1.21% | 31.27% |
Correlation
The correlation between BAGPX and NASDX is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 27, 2006 | 0.85 |
The correlation between BAGPX and NASDX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.
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Return for Risk
BAGPX vs. NASDX — Risk / Return Rank
BAGPX
NASDX
BAGPX vs. NASDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 60/40 Target Allocation Fund Investor A Shares (BAGPX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.
| BAGPX | NASDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.44 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 3.52 | -0.52 |
| Martin ratioReturn relative to average drawdown | 13.53 | 13.66 | -0.13 |
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
| BAGPX | NASDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 2.60 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.87 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 1.00 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.33 | +0.14 |
Drawdowns
BAGPX vs. NASDX - Drawdown Comparison
The maximum BAGPX drawdown since its inception was -47.25%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for BAGPX and NASDX.
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Drawdown Indicators
| BAGPX | NASDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.25% | -83.16% | +35.91% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -11.90% | +4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -17.99% | -22.71% | +4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -22.07% | -35.33% | +13.26% |
Max Drawdown (10Y)Largest decline over 10 years | -22.37% | -35.33% | +12.96% |
Current DrawdownCurrent decline from peak | -0.52% | -0.29% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -34.37% | +27.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 3.06% | -1.44% |
Volatility
BAGPX vs. NASDX - Volatility Comparison
The current volatility for BlackRock 60/40 Target Allocation Fund Investor A Shares (BAGPX) is 3.24%, while Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a volatility of 4.52%. This indicates that BAGPX experiences smaller price fluctuations and is considered to be less risky than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAGPX | NASDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.24% | 4.52% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 12.19% | -4.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.09% | 16.10% | -7.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.87% | 23.05% | -11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.29% | 22.68% | -11.39% |
BAGPX vs. NASDX - Expense Ratio Comparison
BAGPX has a 0.68% expense ratio, which is higher than NASDX's 0.63% expense ratio.
Dividends
BAGPX vs. NASDX - Dividend Comparison
BAGPX's dividend yield for the trailing twelve months is around 7.15%, more than NASDX's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAGPX BlackRock 60/40 Target Allocation Fund Investor A Shares | 7.15% | 7.83% | 0.00% | 2.75% | 2.28% | 7.40% | 3.54% | 3.50% | 7.13% | 2.91% | 1.55% | 9.78% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 2.99% | 3.76% | 16.95% | 7.61% | 3.75% | 2.59% | 1.28% | 7.09% | 2.47% | 1.65% | 0.75% | 0.85% |
Frequently Asked Questions
BAGPX and NASDX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NASDX has higher volatility (4.52%) compared to BAGPX (3.24%). In terms of maximum drawdown, BAGPX dropped -47.25% vs NASDX's -83.16%.
NASDX currently has the higher Sharpe Ratio (2.60 vs 2.42), 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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