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 0.84, 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
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Key characteristics
BGSIX:
0.36
^NDX:
0.59
BGSIX:
0.72
^NDX:
1.01
BGSIX:
1.10
^NDX:
1.14
BGSIX:
0.42
^NDX:
0.67
BGSIX:
1.23
^NDX:
2.19
BGSIX:
9.74%
^NDX:
7.03%
BGSIX:
31.89%
^NDX:
25.60%
BGSIX:
-73.48%
^NDX:
-82.90%
BGSIX:
-10.22%
^NDX:
-5.90%
Returns By Period
In the year-to-date period, BGSIX achieves a -2.74% return, which is significantly lower than ^NDX's -0.69% return. Over the past 10 years, BGSIX has underperformed ^NDX with an annualized return of 15.66%, while ^NDX has yielded a comparatively higher 16.65% annualized return.
BGSIX
-2.74%
14.39%
-6.77%
11.52%
11.83%
15.66%
^NDX
-0.69%
11.65%
-1.13%
14.91%
18.40%
16.65%
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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.
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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.
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Volatility
BGSIX vs. ^NDX - Volatility Comparison
BlackRock Technology Opportunities Institutional (BGSIX) has a higher volatility of 8.10% compared to NASDAQ 100 (^NDX) at 7.55%. 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.
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