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BGSIX vs. FSPTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BGSIXFSPTX
YTD Return7.08%6.24%
1Y Return38.97%38.06%
3Y Return (Ann)-0.95%7.40%
5Y Return (Ann)15.36%20.31%
10Y Return (Ann)18.89%19.65%
Sharpe Ratio1.861.85
Daily Std Dev20.14%20.13%
Max Drawdown-73.48%-94.15%
Current Drawdown-15.84%-7.68%

Correlation

-0.50.00.51.00.9

The correlation between BGSIX and FSPTX is 0.94, 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. FSPTX - Performance Comparison

In the year-to-date period, BGSIX achieves a 7.08% return, which is significantly higher than FSPTX's 6.24% return. Both investments have delivered pretty close results over the past 10 years, with BGSIX having a 18.89% annualized return and FSPTX not far ahead at 19.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


350.00%400.00%450.00%500.00%550.00%600.00%December2024FebruaryMarchAprilMay
554.68%
438.39%
BGSIX
FSPTX

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BlackRock Technology Opportunities Institutional

Fidelity Select Technology Portfolio

BGSIX vs. FSPTX - Expense Ratio Comparison

BGSIX has a 0.93% expense ratio, which is higher than FSPTX's 0.67% expense ratio.


BGSIX
BlackRock Technology Opportunities Institutional
Expense ratio chart for BGSIX: current value at 0.93% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.93%
Expense ratio chart for FSPTX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

BGSIX vs. FSPTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and Fidelity Select Technology Portfolio (FSPTX). 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.


BGSIX
Sharpe ratio
The chart of Sharpe ratio for BGSIX, currently valued at 1.86, compared to the broader market-1.000.001.002.003.004.001.86
Sortino ratio
The chart of Sortino ratio for BGSIX, currently valued at 2.55, compared to the broader market-2.000.002.004.006.008.0010.002.55
Omega ratio
The chart of Omega ratio for BGSIX, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for BGSIX, currently valued at 0.94, compared to the broader market0.002.004.006.008.0010.0012.000.94
Martin ratio
The chart of Martin ratio for BGSIX, currently valued at 7.78, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.78
FSPTX
Sharpe ratio
The chart of Sharpe ratio for FSPTX, currently valued at 1.85, compared to the broader market-1.000.001.002.003.004.001.85
Sortino ratio
The chart of Sortino ratio for FSPTX, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.002.61
Omega ratio
The chart of Omega ratio for FSPTX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for FSPTX, currently valued at 1.48, compared to the broader market0.002.004.006.008.0010.0012.001.48
Martin ratio
The chart of Martin ratio for FSPTX, currently valued at 7.46, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.46

BGSIX vs. FSPTX - Sharpe Ratio Comparison

The current BGSIX Sharpe Ratio is 1.86, which roughly equals the FSPTX Sharpe Ratio of 1.85. The chart below compares the 12-month rolling Sharpe Ratio of BGSIX and FSPTX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
1.86
1.85
BGSIX
FSPTX

Dividends

BGSIX vs. FSPTX - Dividend Comparison

Neither BGSIX nor FSPTX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
BGSIX
BlackRock Technology Opportunities Institutional
0.00%0.00%0.00%6.76%4.47%1.39%1.15%7.72%1.10%0.00%0.00%0.00%
FSPTX
Fidelity Select Technology Portfolio
0.00%0.01%3.95%11.62%18.86%1.86%23.77%8.32%1.54%4.28%17.85%8.07%

Drawdowns

BGSIX vs. FSPTX - Drawdown Comparison

The maximum BGSIX drawdown since its inception was -73.48%, smaller than the maximum FSPTX drawdown of -94.15%. Use the drawdown chart below to compare losses from any high point for BGSIX and FSPTX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-15.84%
-7.68%
BGSIX
FSPTX

Volatility

BGSIX vs. FSPTX - Volatility Comparison

BlackRock Technology Opportunities Institutional (BGSIX) and Fidelity Select Technology Portfolio (FSPTX) have volatilities of 7.70% and 7.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%December2024FebruaryMarchAprilMay
7.70%
7.56%
BGSIX
FSPTX