BGEEX vs. NASDX

Last updated Jun 6, 2026

BGEEX (BlackRock GA Dynamic Equity Fund) and NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) are both mutual funds - BGEEX is a Global Equities fund managed by BlackRock, while NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Their correlation of 0.82 suggests significant overlap in exposure. BGEEX charges 0.50%/yr vs 0.63%/yr for NASDX.

Performance

BGEEX vs. NASDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock GA Dynamic Equity Fund (BGEEX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGEEX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NASDX

• 1D: -0.51%
• 1M: 6.41%
• YTD: 20.41%
• 6M: 18.53%
• 1Y: 41.68%
• 3Y*: 32.27%
• 5Y*: 19.82%
• 10Y*: 22.44%

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

BGEEX vs. NASDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGEEX BlackRock GA Dynamic Equity Fund	0.00%	14.98%	18.91%	17.84%	-17.58%	18.28%	21.51%	26.95%	-13.34%	11.23%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	20.41%	21.00%	36.91%	54.69%	-32.57%	27.32%	48.59%	38.22%	-1.21%	8.83%

Correlation

The correlation between BGEEX and NASDX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017	0.82

Over the past year, the correlation between BGEEX and NASDX has dropped to 0.35 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

BGEEX vs. NASDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NASDX

NASDX Risk / Return Rank: 72
NASDX Sharpe Ratio Rank: 78
NASDX Sortino Ratio Rank: 68
NASDX Omega Ratio Rank: 65
NASDX Calmar Ratio Rank: 79
NASDX Martin Ratio Rank: 73

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.

BGEEX vs. NASDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock GA Dynamic Equity Fund (BGEEX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BGEEX	NASDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.33	—

Drawdowns

Drawdown Indicators

	BGEEX	NASDX	Difference
Max Drawdown Largest peak-to-trough decline	—	-83.16%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.33%	—
Current Drawdown Current decline from peak	—	-0.80%	—
Average Drawdown Average peak-to-trough decline	—	-34.36%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.06%	—

Volatility

Volatility by Period

	BGEEX	NASDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.10%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.04%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.67%	—

BGEEX vs. NASDX - Expense Ratio Comparison

BGEEX has a 0.50% expense ratio, which is lower than NASDX's 0.63% expense ratio.

Dividends

BGEEX vs. NASDX - Dividend Comparison

BGEEX's dividend yield for the trailing twelve months is around 0.68%, less than NASDX's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGEEX BlackRock GA Dynamic Equity Fund	0.68%	0.68%	2.04%	1.00%	0.72%	9.29%	0.88%	1.62%	3.18%	2.71%	0.00%	0.00%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	3.01%	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

Can I hold both BGEEX and NASDX in my portfolio?

BGEEX and NASDX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.