BGSAX vs. BIIPX
BGSAX (BlackRock Technology Opportunities Fund Investor A) and BIIPX (iShares Short-Term TIPS Bond Index Fund) are both mutual funds - BGSAX is a Technology Equities fund managed by BlackRock, while BIIPX is a Inflation-Protected Bonds fund managed by BlackRock. Over the past 5 years, BGSAX returned 16.37%/yr vs 2.76%/yr for BIIPX. At a 0.05 correlation, their price movements are largely independent. BGSAX charges 1.20%/yr vs 0.08%/yr for BIIPX.
Performance
BGSAX vs. BIIPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGSAX achieves a 43.57% return, which is significantly higher than BIIPX's 0.82% return.
BGSAX
- 1D
- 4.46%
- 1M
- 9.19%
- YTD
- 43.57%
- 6M
- 44.34%
- 1Y
- 67.10%
- 3Y*
- 38.82%
- 5Y*
- 16.37%
- 10Y*
- 25.97%
BIIPX
- 1D
- 0.00%
- 1M
- -0.09%
- YTD
- 0.82%
- 6M
- 1.19%
- 1Y
- 3.39%
- 3Y*
- 4.68%
- 5Y*
- 2.76%
- 10Y*
- —
BGSAX vs. BIIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGSAX BlackRock Technology Opportunities Fund Investor A | 43.57% | 19.63% | 40.56% | 49.09% | -43.13% | 8.19% | 86.27% | 43.84% | 2.03% | 49.45% |
BIIPX iShares Short-Term TIPS Bond Index Fund | 0.82% | 6.05% | 4.75% | 3.25% | -4.12% | 5.19% | 4.89% | 4.83% | 0.58% | 0.88% |
Correlation
The correlation between BGSAX and BIIPX is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.05 |
The correlation between BGSAX and BIIPX shifts across timeframes, from -0.04 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGSAX vs. BIIPX — Risk / Return Rank
BGSAX
BIIPX
BGSAX vs. BIIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Fund Investor A (BGSAX) and iShares Short-Term TIPS Bond Index Fund (BIIPX). 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.
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.
| BGSAX | BIIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 2.96 | +0.61 |
| Martin ratioReturn relative to average drawdown | 10.42 | 11.68 | -1.26 |
Loading charts...
Drawdowns
BGSAX vs. BIIPX - Drawdown Comparison
The maximum BGSAX drawdown since its inception was -73.75%, which is greater than BIIPX's maximum drawdown of -6.46%. Use the drawdown chart below to compare losses from any high point for BGSAX and BIIPX.
Loading charts...
Drawdown Indicators
| BGSAX | BIIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.75% | -6.46% | -67.29% |
Max Drawdown (1Y)Largest decline over 1 year | -18.49% | -1.22% | -17.27% |
Max Drawdown (3Y)Largest decline over 3 years | -27.75% | -1.22% | -26.53% |
Max Drawdown (5Y)Largest decline over 5 years | -49.22% | -6.46% | -42.76% |
Max Drawdown (10Y)Largest decline over 10 years | -49.22% | — | — |
Current DrawdownCurrent decline from peak | -0.29% | -1.13% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -26.33% | -1.08% | -25.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.32% | 0.31% | +6.01% |
Volatility
BGSAX vs. BIIPX - Volatility Comparison
BlackRock Technology Opportunities Fund Investor A (BGSAX) has a higher volatility of 14.41% compared to iShares Short-Term TIPS Bond Index Fund (BIIPX) at 1.30%. This indicates that BGSAX's price experiences larger fluctuations and is considered to be riskier than BIIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGSAX | BIIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.41% | 1.30% | +13.11% |
Volatility (6M)Calculated over the trailing 6-month period | 23.82% | 1.75% | +22.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.87% | 2.32% | +25.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.32% | 3.11% | +25.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.19% | 2.64% | +23.55% |
BGSAX vs. BIIPX - Expense Ratio Comparison
BGSAX has a 1.20% expense ratio, which is higher than BIIPX's 0.08% expense ratio.
Dividends
BGSAX vs. BIIPX - Dividend Comparison
BGSAX's dividend yield for the trailing twelve months is around 9.44%, more than BIIPX's 4.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BGSAX BlackRock Technology Opportunities Fund Investor A | 9.44% | 13.55% | 8.68% | 0.00% | 0.00% | 7.66% | 4.86% | 1.50% | 1.24% | 8.01% | 1.17% |
BIIPX iShares Short-Term TIPS Bond Index Fund | 4.64% | 4.64% | 4.30% | 2.65% | 4.56% | 4.39% | 1.58% | 2.27% | 2.74% | 1.89% | 0.00% |
Frequently Asked Questions
BGSAX and BIIPX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGSAX has higher volatility (14.41%) compared to BIIPX (1.30%). In terms of maximum drawdown, BGSAX dropped -73.75% vs BIIPX's -6.46%.
BGSAX currently has the higher Sharpe Ratio (2.37 vs 1.56), 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.
Find the right allocation for BGSAX and BIIPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer