BGSIX vs. FIKGX
BGSIX (BlackRock Technology Opportunities Institutional) and FIKGX (Fidelity Advisor Semiconductors Fund Class Z) are both Technology Equities funds. Over the past 5 years, BGSIX returned 11.83%/yr vs 34.11%/yr for FIKGX. Their correlation of 0.86 means they have usually moved in the same direction. BGSIX charges 0.93%/yr vs 0.62%/yr for FIKGX.
Performance
BGSIX vs. FIKGX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGSIX achieves a 22.26% return, which is significantly lower than FIKGX's 48.27% return.
BGSIX
- 1D
- 7.11%
- 1M
- -7.30%
- 6M
- 19.53%
- YTD
- 22.26%
- 1Y
- 32.57%
- 3Y*
- 29.98%
- 5Y*
- 11.83%
- 10Y*
- 23.26%
- ALL TIME*
- 10.75%
FIKGX
- 1D
- 7.40%
- 1M
- -8.92%
- 6M
- 32.71%
- YTD
- 48.27%
- 1Y
- 85.72%
- 3Y*
- 43.91%
- 5Y*
- 34.11%
- 10Y*
- —
- ALL TIME*
- 36.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
BGSIX vs. FIKGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BGSIX BlackRock Technology Opportunities Institutional | 22.26% | 19.92% | 40.31% | 49.49% | -42.99% | 8.45% | 86.73% | 44.23% | -12.18% |
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 48.27% | 45.43% | 35.88% | 75.75% | -34.81% | 58.07% | 44.21% | 64.45% | -11.11% |
Correlation
The correlation between BGSIX and FIKGX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018 | 0.86 |
The correlation between BGSIX and FIKGX has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGSIX vs. FIKGX — Risk / Return Rank
BGSIX
FIKGX
BGSIX vs. FIKGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and Fidelity Advisor Semiconductors Fund Class Z (FIKGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGSIX | FIKGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 3.01 | -1.57 |
| Martin ratioReturn relative to average drawdown | 4.17 | 12.73 | -8.56 |
Loading charts...
Drawdowns
BGSIX vs. FIKGX - Drawdown Comparison
The maximum BGSIX drawdown since its inception was -73.48%, which is greater than FIKGX's maximum drawdown of -45.98%. Use the drawdown chart below to compare losses from any high point for BGSIX and FIKGX.
Loading charts...
Drawdown Indicators
| BGSIX | FIKGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.48% | -45.98% | -27.50% |
Max Drawdown (1Y)Largest decline over 1 year | -20.81% | -26.88% | +6.07% |
Max Drawdown (3Y)Largest decline over 3 years | -27.73% | -39.67% | +11.94% |
Max Drawdown (5Y)Largest decline over 5 years | -49.11% | -45.98% | -3.13% |
Max Drawdown (10Y)Largest decline over 10 years | -49.11% | — | — |
Current DrawdownCurrent decline from peak | -15.18% | -21.46% | +6.28% |
Average DrawdownAverage peak-to-trough decline | -25.31% | -9.83% | -15.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.16% | 6.35% | +0.81% |
Volatility
BGSIX vs. FIKGX - Volatility Comparison
The current volatility for BlackRock Technology Opportunities Institutional (BGSIX) is 14.55%, while Fidelity Advisor Semiconductors Fund Class Z (FIKGX) has a volatility of 16.84%. This indicates that BGSIX experiences smaller price fluctuations and is considered to be less risky than FIKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGSIX | FIKGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.55% | 16.84% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 28.48% | 34.46% | -5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.24% | 40.70% | -8.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.21% | 39.93% | -10.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.62% | 39.08% | -12.46% |
BGSIX vs. FIKGX - Expense Ratio Comparison
BGSIX has a 0.93% expense ratio, which is higher than FIKGX's 0.62% expense ratio.
Dividends
BGSIX vs. FIKGX - Dividend Comparison
BGSIX's dividend yield for the trailing twelve months is around 15.38%, more than FIKGX's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BGSIX BlackRock Technology Opportunities Institutional | 15.38% | 12.16% | 7.82% | 0.00% | 0.00% | 7.12% | 4.47% | 1.39% | 1.15% | 7.72% | 1.10% |
FIKGX Fidelity Advisor Semiconductors Fund Class Z | 4.50% | 6.67% | 0.00% | 3.14% | 3.08% | 4.19% | 4.54% | 1.08% | 19.72% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, BGSIX and FIKGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FIKGX has higher volatility (16.84%) compared to BGSIX (14.55%). In terms of maximum drawdown, BGSIX dropped -73.48% vs FIKGX's -45.98%.
FIKGX currently has the higher Sharpe Ratio (1.99 vs 0.93), 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.
Find the right allocation for BGSIX and FIKGX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer