BGSIX vs. ^NDX
Compare and contrast key facts about BlackRock Technology Opportunities Institutional (BGSIX) and NASDAQ 100 (^NDX).
BGSIX is managed by Blackrock. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGSIX or ^NDX.
Correlation
The correlation between BGSIX and ^NDX is 0.92, 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
BGSIX vs. ^NDX - Performance Comparison
Key characteristics
BGSIX:
1.19
^NDX:
1.28
BGSIX:
1.64
^NDX:
1.77
BGSIX:
1.22
^NDX:
1.23
BGSIX:
1.19
^NDX:
1.72
BGSIX:
5.51
^NDX:
6.00
BGSIX:
5.23%
^NDX:
3.90%
BGSIX:
24.33%
^NDX:
18.29%
BGSIX:
-73.48%
^NDX:
-82.90%
BGSIX:
-8.38%
^NDX:
-6.06%
Returns By Period
In the year-to-date period, BGSIX achieves a -0.74% return, which is significantly higher than ^NDX's -1.21% return. Both investments have delivered pretty close results over the past 10 years, with BGSIX having a 17.04% annualized return and ^NDX not far ahead at 17.54%.
BGSIX
-0.74%
-4.24%
-1.01%
28.44%
13.06%
17.04%
^NDX
-1.21%
-4.70%
1.76%
23.31%
17.94%
17.54%
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Risk-Adjusted Performance
BGSIX vs. ^NDX — Risk-Adjusted Performance Rank
BGSIX
^NDX
BGSIX vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and NASDAQ 100 (^NDX). 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.
Drawdowns
BGSIX vs. ^NDX - Drawdown Comparison
The maximum BGSIX drawdown since its inception was -73.48%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for BGSIX and ^NDX. For additional features, visit the drawdowns tool.
Volatility
BGSIX vs. ^NDX - Volatility Comparison
BlackRock Technology Opportunities Institutional (BGSIX) has a higher volatility of 6.75% compared to NASDAQ 100 (^NDX) at 5.94%. This indicates that BGSIX's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.