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:
0.87
^NDX:
1.25
BGSIX:
1.26
^NDX:
1.72
BGSIX:
1.17
^NDX:
1.23
BGSIX:
1.05
^NDX:
1.71
BGSIX:
4.07
^NDX:
5.85
BGSIX:
5.42%
^NDX:
3.97%
BGSIX:
25.37%
^NDX:
18.58%
BGSIX:
-73.48%
^NDX:
-82.90%
BGSIX:
-5.65%
^NDX:
-2.53%
Returns By Period
In the year-to-date period, BGSIX achieves a 2.22% return, which is significantly lower than ^NDX's 2.86% return. Both investments have delivered pretty close results over the past 10 years, with BGSIX having a 16.53% annualized return and ^NDX not far ahead at 17.16%.
BGSIX
2.22%
-3.97%
6.06%
17.94%
12.99%
16.53%
^NDX
2.86%
-1.09%
9.60%
20.05%
18.05%
17.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 9.15% compared to NASDAQ 100 (^NDX) at 5.13%. 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.