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

Key characteristics


BGSAXQQQ
YTD Return14.74%8.77%
1Y Return46.58%45.81%
3Y Return (Ann)3.53%12.81%
5Y Return (Ann)18.22%20.75%
10Y Return (Ann)18.67%18.73%
Sharpe Ratio2.582.80
Daily Std Dev19.24%16.07%
Max Drawdown-73.76%-82.98%
Current Drawdown-10.30%-0.35%

Correlation

0.91
-1.001.00

The correlation between BGSAX and QQQ 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. QQQ - Performance Comparison

In the year-to-date period, BGSAX achieves a 14.74% return, which is significantly higher than QQQ's 8.77% return. Both investments have delivered pretty close results over the past 10 years, with BGSAX having a 18.67% annualized return and QQQ not far ahead at 18.73%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


350.00%400.00%450.00%500.00%550.00%OctoberNovemberDecember2024FebruaryMarch
559.57%
452.89%
BGSAX
QQQ

Compare stocks, funds, or ETFs


BlackRock Technology Opportunities Fund Investor A

Invesco QQQ

BGSAX vs. QQQ - Expense Ratio Comparison

BGSAX has a 1.20% expense ratio, which is higher than QQQ's 0.20% expense ratio.

BGSAX
BlackRock Technology Opportunities Fund Investor A
0.50%1.00%1.50%2.00%1.20%
0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

BGSAX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Fund Investor A (BGSAX) and Invesco QQQ (QQQ). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BGSAX
BlackRock Technology Opportunities Fund Investor A
2.58
QQQ
Invesco QQQ
2.85

BGSAX vs. QQQ - Sharpe Ratio Comparison

The current BGSAX Sharpe Ratio is 2.58, which roughly equals the QQQ Sharpe Ratio of 2.85. The chart below compares the 12-month rolling Sharpe Ratio of BGSAX and QQQ.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
2.58
2.85
BGSAX
QQQ

Dividends

BGSAX vs. QQQ - Dividend Comparison

BGSAX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.


TTM20232022202120202019201820172016201520142013
BGSAX
BlackRock Technology Opportunities Fund Investor A
0.00%0.00%0.00%7.41%4.86%1.50%1.24%8.01%1.17%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.59%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

BGSAX vs. QQQ - Drawdown Comparison

The maximum BGSAX drawdown since its inception was -73.76%, smaller than the maximum QQQ drawdown of -82.98%. The drawdown chart below compares losses from any high point along the way for BGSAX and QQQ


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-10.30%
-0.35%
BGSAX
QQQ

Volatility

BGSAX vs. QQQ - Volatility Comparison

BlackRock Technology Opportunities Fund Investor A (BGSAX) has a higher volatility of 5.86% compared to Invesco QQQ (QQQ) at 4.36%. This indicates that BGSAX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%OctoberNovemberDecember2024FebruaryMarch
5.86%
4.36%
BGSAX
QQQ