BGSAX vs. TAIAX
BGSAX (BlackRock Technology Opportunities Fund Investor A) and TAIAX (American Funds Tax-Aware Conservative Growth and Income Portfolio) are both mutual funds - BGSAX is a Technology Equities fund managed by BlackRock, while TAIAX is a Diversified Portfolio fund managed by American Funds. Over the past 10 years, BGSAX returned 25.78%/yr vs 7.81%/yr for TAIAX. A 0.74 correlation means they provide meaningful diversification when combined. BGSAX charges 1.20%/yr vs 0.34%/yr for TAIAX.
Performance
BGSAX vs. TAIAX - Performance Comparison
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Returns By Period
In the year-to-date period, BGSAX achieves a 43.12% return, which is significantly higher than TAIAX's 5.98% return. Over the past 10 years, BGSAX has outperformed TAIAX with an annualized return of 25.78%, while TAIAX has yielded a comparatively lower 7.81% annualized return.
BGSAX
- 1D
- -0.60%
- 1M
- 18.13%
- YTD
- 43.12%
- 6M
- 41.03%
- 1Y
- 66.29%
- 3Y*
- 40.37%
- 5Y*
- 17.34%
- 10Y*
- 25.78%
TAIAX
- 1D
- -0.28%
- 1M
- 2.11%
- YTD
- 5.98%
- 6M
- 6.48%
- 1Y
- 16.05%
- 3Y*
- 12.48%
- 5Y*
- 6.88%
- 10Y*
- 7.81%
BGSAX vs. TAIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGSAX BlackRock Technology Opportunities Fund Investor A | 43.12% | 19.63% | 40.56% | 49.09% | -43.13% | 8.19% | 86.27% | 43.84% | 2.03% | 49.45% |
TAIAX American Funds Tax-Aware Conservative Growth and Income Portfolio | 5.98% | 13.27% | 10.09% | 11.74% | -10.18% | 13.47% | 7.46% | 16.26% | -2.17% | 14.25% |
Correlation
The correlation between BGSAX and TAIAX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 22, 2012 | 0.74 |
The correlation between BGSAX and TAIAX has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.
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Return for Risk
BGSAX vs. TAIAX — Risk / Return Rank
BGSAX
TAIAX
BGSAX vs. TAIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Fund Investor A (BGSAX) and American Funds Tax-Aware Conservative Growth and Income Portfolio (TAIAX). 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 | TAIAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.51 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 2.66 | +1.01 |
| Martin ratioReturn relative to average drawdown | 11.03 | 12.31 | -1.27 |
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
| BGSAX | TAIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.75 | 2.56 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.91 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.96 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 1.06 | -0.60 |
Drawdowns
BGSAX vs. TAIAX - Drawdown Comparison
The maximum BGSAX drawdown since its inception was -73.75%, which is greater than TAIAX's maximum drawdown of -21.42%. Use the drawdown chart below to compare losses from any high point for BGSAX and TAIAX.
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Drawdown Indicators
| BGSAX | TAIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.75% | -21.42% | -52.33% |
Max Drawdown (1Y)Largest decline over 1 year | -18.49% | -6.16% | -12.33% |
Max Drawdown (3Y)Largest decline over 3 years | -27.75% | -8.75% | -19.00% |
Max Drawdown (5Y)Largest decline over 5 years | -49.22% | -16.76% | -32.46% |
Max Drawdown (10Y)Largest decline over 10 years | -49.22% | -21.42% | -27.80% |
Current DrawdownCurrent decline from peak | -0.60% | -0.28% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -26.37% | -2.20% | -24.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 1.33% | +4.82% |
Volatility
BGSAX vs. TAIAX - Volatility Comparison
BlackRock Technology Opportunities Fund Investor A (BGSAX) has a higher volatility of 9.20% compared to American Funds Tax-Aware Conservative Growth and Income Portfolio (TAIAX) at 2.01%. This indicates that BGSAX's price experiences larger fluctuations and is considered to be riskier than TAIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGSAX | TAIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 2.01% | +7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 20.28% | 5.28% | +15.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.74% | 6.41% | +18.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.75% | 7.63% | +20.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 8.19% | +17.68% |
BGSAX vs. TAIAX - Expense Ratio Comparison
BGSAX has a 1.20% expense ratio, which is higher than TAIAX's 0.34% expense ratio.
Dividends
BGSAX vs. TAIAX - Dividend Comparison
BGSAX's dividend yield for the trailing twelve months is around 9.47%, more than TAIAX's 4.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGSAX BlackRock Technology Opportunities Fund Investor A | 9.47% | 13.55% | 8.68% | 0.00% | 0.00% | 7.66% | 4.86% | 1.50% | 1.24% | 8.01% | 1.17% | 0.00% |
TAIAX American Funds Tax-Aware Conservative Growth and Income Portfolio | 4.88% | 5.18% | 5.16% | 4.29% | 4.37% | 3.40% | 2.65% | 4.01% | 4.54% | 4.04% | 2.77% | 3.38% |
Frequently Asked Questions
BGSAX and TAIAX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGSAX has higher volatility (9.20%) compared to TAIAX (2.01%). In terms of maximum drawdown, BGSAX dropped -73.75% vs TAIAX's -21.42%.
BGSAX currently has the higher Sharpe Ratio (2.75 vs 2.56), 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.
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