BGSIX vs. FSPTX
Compare and contrast key facts about BlackRock Technology Opportunities Institutional (BGSIX) and Fidelity Select Technology Portfolio (FSPTX).
BGSIX is managed by Blackrock. It was launched on May 15, 2000. FSPTX is managed by Fidelity. It was launched on Jul 13, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGSIX or FSPTX.
Key characteristics
BGSIX | FSPTX | |
---|---|---|
YTD Return | 7.08% | 6.24% |
1Y Return | 38.97% | 38.06% |
3Y Return (Ann) | -0.95% | 7.40% |
5Y Return (Ann) | 15.36% | 20.31% |
10Y Return (Ann) | 18.89% | 19.65% |
Sharpe Ratio | 1.86 | 1.85 |
Daily Std Dev | 20.14% | 20.13% |
Max Drawdown | -73.48% | -94.15% |
Current Drawdown | -15.84% | -7.68% |
Correlation
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.
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BGSIX vs. FSPTX - Expense Ratio Comparison
BGSIX has a 0.93% expense ratio, which is higher than FSPTX's 0.67% expense ratio.
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.
Dividends
BGSIX vs. FSPTX - Dividend Comparison
Neither BGSIX nor FSPTX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.