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BGSAX vs. FBGRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BGSAXFBGRX
YTD Return36.03%37.67%
1Y Return52.02%52.51%
3Y Return (Ann)1.19%7.26%
5Y Return (Ann)17.13%18.77%
10Y Return (Ann)17.14%14.17%
Sharpe Ratio2.222.64
Sortino Ratio2.823.39
Omega Ratio1.381.47
Calmar Ratio1.542.43
Martin Ratio10.3612.93
Ulcer Index4.93%3.97%
Daily Std Dev23.05%19.41%
Max Drawdown-73.76%-57.42%
Current Drawdown-0.07%0.00%

Correlation

-0.50.00.51.00.9

The correlation between BGSAX and FBGRX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

BGSAX vs. FBGRX - Performance Comparison

The year-to-date returns for both investments are quite close, with BGSAX having a 36.03% return and FBGRX slightly higher at 37.67%. Over the past 10 years, BGSAX has outperformed FBGRX with an annualized return of 17.14%, while FBGRX has yielded a comparatively lower 14.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
20.03%
17.90%
BGSAX
FBGRX

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BGSAX vs. FBGRX - Expense Ratio Comparison

BGSAX has a 1.20% expense ratio, which is higher than FBGRX's 0.79% expense ratio.


BGSAX
BlackRock Technology Opportunities Fund Investor A
Expense ratio chart for BGSAX: current value at 1.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.20%
Expense ratio chart for FBGRX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Risk-Adjusted Performance

BGSAX vs. FBGRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Fund Investor A (BGSAX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.


BGSAX
Sharpe ratio
The chart of Sharpe ratio for BGSAX, currently valued at 2.22, compared to the broader market0.002.004.002.22
Sortino ratio
The chart of Sortino ratio for BGSAX, currently valued at 2.81, compared to the broader market0.005.0010.002.82
Omega ratio
The chart of Omega ratio for BGSAX, currently valued at 1.38, compared to the broader market1.002.003.004.001.38
Calmar ratio
The chart of Calmar ratio for BGSAX, currently valued at 1.54, compared to the broader market0.005.0010.0015.0020.001.54
Martin ratio
The chart of Martin ratio for BGSAX, currently valued at 10.36, compared to the broader market0.0020.0040.0060.0080.00100.0010.36
FBGRX
Sharpe ratio
The chart of Sharpe ratio for FBGRX, currently valued at 2.64, compared to the broader market0.002.004.002.64
Sortino ratio
The chart of Sortino ratio for FBGRX, currently valued at 3.39, compared to the broader market0.005.0010.003.39
Omega ratio
The chart of Omega ratio for FBGRX, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for FBGRX, currently valued at 2.43, compared to the broader market0.005.0010.0015.0020.002.43
Martin ratio
The chart of Martin ratio for FBGRX, currently valued at 12.93, compared to the broader market0.0020.0040.0060.0080.00100.0012.93

BGSAX vs. FBGRX - Sharpe Ratio Comparison

The current BGSAX Sharpe Ratio is 2.22, which is comparable to the FBGRX Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of BGSAX and FBGRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.22
2.64
BGSAX
FBGRX

Dividends

BGSAX vs. FBGRX - Dividend Comparison

BGSAX has not paid dividends to shareholders, while FBGRX's dividend yield for the trailing twelve months is around 5.10%.


TTM20232022202120202019201820172016201520142013
BGSAX
BlackRock Technology Opportunities Fund Investor A
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBGRX
Fidelity Blue Chip Growth Fund
5.10%0.00%0.00%0.00%0.00%0.00%0.12%0.09%0.22%5.07%6.08%7.80%

Drawdowns

BGSAX vs. FBGRX - Drawdown Comparison

The maximum BGSAX drawdown since its inception was -73.76%, which is greater than FBGRX's maximum drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for BGSAX and FBGRX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.07%
0
BGSAX
FBGRX

Volatility

BGSAX vs. FBGRX - Volatility Comparison

BlackRock Technology Opportunities Fund Investor A (BGSAX) has a higher volatility of 6.44% compared to Fidelity Blue Chip Growth Fund (FBGRX) at 5.39%. This indicates that BGSAX's price experiences larger fluctuations and is considered to be riskier than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.44%
5.39%
BGSAX
FBGRX