BGSIX vs. SLMCX

Last updated Jun 25, 2026

BGSIX (BlackRock Technology Opportunities Institutional) and SLMCX (Columbia Seligman Technology and Information Fund) are both Technology Equities funds. Over the past 10 years, BGSIX returned 25.83%/yr vs 28.24%/yr for SLMCX. Their correlation of 0.90 suggests significant overlap in exposure. BGSIX charges 0.93%/yr vs 1.17%/yr for SLMCX.

Performance

BGSIX vs. SLMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Technology Opportunities Institutional (BGSIX) and Columbia Seligman Technology and Information Fund (SLMCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BGSIX achieves a 35.26% return, which is significantly lower than SLMCX's 53.68% return. Over the past 10 years, BGSIX has underperformed SLMCX with an annualized return of 25.83%, while SLMCX has yielded a comparatively higher 28.24% annualized return.

BGSIX

• 1D: -5.96%
• 1M: 2.70%
• YTD: 35.26%
• 6M: 33.60%
• 1Y: 52.42%
• 3Y*: 37.26%
• 5Y*: 14.56%
• 10Y*: 25.83%

SLMCX

• 1D: -3.48%
• 1M: 4.60%
• YTD: 53.68%
• 6M: 50.82%
• 1Y: 107.41%
• 3Y*: 45.46%
• 5Y*: 24.95%
• 10Y*: 28.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BGSIX vs. SLMCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGSIX BlackRock Technology Opportunities Institutional	35.26%	19.92%	40.31%	49.49%	-42.99%	8.45%	86.73%	44.23%	2.24%	49.89%
SLMCX Columbia Seligman Technology and Information Fund	53.68%	37.32%	26.67%	44.27%	-31.14%	38.97%	44.45%	54.15%	-8.12%	34.08%

Correlation

The correlation between BGSIX and SLMCX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since May 15, 2000	0.90

The correlation between BGSIX and SLMCX has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

Return for Risk

BGSIX vs. SLMCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGSIX

BGSIX Risk / Return Rank: 51
BGSIX Sharpe Ratio Rank: 54
BGSIX Sortino Ratio Rank: 41
BGSIX Omega Ratio Rank: 47
BGSIX Calmar Ratio Rank: 70
BGSIX Martin Ratio Rank: 45

SLMCX

SLMCX Risk / Return Rank: 95
SLMCX Sharpe Ratio Rank: 99
SLMCX Sortino Ratio Rank: 93
SLMCX Omega Ratio Rank: 88
SLMCX Calmar Ratio Rank: 98
SLMCX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BGSIX vs. SLMCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and Columbia Seligman Technology and Information Fund (SLMCX). 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	SLMCX	Difference
Sharpe ratio: Return per unit of total volatility	1.96	4.06	-2.10
Sortino ratio: Return per unit of downside risk	2.46	4.32	-1.87
Omega ratio: Gain probability vs. loss probability	1.34	1.58	-0.24
Calmar ratio: Return relative to maximum drawdown	3.04	9.22	-6.18
Martin ratio: Return relative to average drawdown	8.87	33.49	-24.62

BGSIX vs. SLMCX - Sharpe Ratio Comparison

The current BGSIX Sharpe Ratio is 1.96, which is lower than the SLMCX Sharpe Ratio of 4.06. The chart below compares the historical Sharpe Ratios of BGSIX and SLMCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BGSIX vs. SLMCX - Drawdown Comparison

The maximum BGSIX drawdown since its inception was -73.48%, which is greater than SLMCX's maximum drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for BGSIX and SLMCX.

Drawdown Indicators

	BGSIX	SLMCX	Difference
Max Drawdown Largest peak-to-trough decline	-73.48%	-68.10%	-5.38%
Max Drawdown (1Y) Largest decline over 1 year	-18.42%	-12.33%	-6.09%
Max Drawdown (3Y) Largest decline over 3 years	-27.73%	-29.13%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-49.11%	-37.32%	-11.79%
Max Drawdown (10Y) Largest decline over 10 years	-49.11%	-37.32%	-11.79%
Current Drawdown Current decline from peak	-6.16%	-3.48%	-2.68%
Average Drawdown Average peak-to-trough decline	-25.37%	-12.98%	-12.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.30%	3.38%	+2.92%

Volatility

BGSIX vs. SLMCX - Volatility Comparison

BlackRock Technology Opportunities Institutional (BGSIX) has a higher volatility of 15.70% compared to Columbia Seligman Technology and Information Fund (SLMCX) at 12.01%. This indicates that BGSIX's price experiences larger fluctuations and is considered to be riskier than SLMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGSIX	SLMCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.70%	12.01%	+3.69%
Volatility (6M) Calculated over the trailing 6-month period	24.45%	21.88%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	28.54%	28.00%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.45%	26.62%	+1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.23%	26.28%	-0.05%

BGSIX vs. SLMCX - Expense Ratio Comparison

BGSIX has a 0.93% expense ratio, which is lower than SLMCX's 1.17% expense ratio.

Dividends

BGSIX vs. SLMCX - Dividend Comparison

BGSIX's dividend yield for the trailing twelve months is around 8.99%, more than SLMCX's 6.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGSIX BlackRock Technology Opportunities Institutional	8.99%	12.16%	7.82%	0.00%	0.00%	7.12%	4.47%	1.39%	1.15%	7.72%	1.10%	0.00%
SLMCX Columbia Seligman Technology and Information Fund	6.15%	9.45%	14.27%	5.16%	9.42%	11.75%	10.40%	11.44%	12.33%	11.15%	8.19%	10.79%

Frequently Asked Questions

Can I hold both BGSIX and SLMCX in my portfolio?

BGSIX and SLMCX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BGSIX or SLMCX?

BGSIX has higher volatility (15.70%) compared to SLMCX (12.01%). In terms of maximum drawdown, BGSIX dropped -73.48% vs SLMCX's -68.10%.

Which has better risk-adjusted returns?

SLMCX currently has the higher Sharpe Ratio (4.06 vs 1.96), 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.