BGSIX vs. SWPPX
Compare and contrast key facts about BlackRock Technology Opportunities Institutional (BGSIX) and Schwab S&P 500 Index Fund (SWPPX).
BGSIX is managed by Blackrock. It was launched on May 15, 2000. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGSIX or SWPPX.
Key characteristics
| BGSIX | SWPPX | |
|---|---|---|
| YTD Return | 8.81% | 5.66% |
| 1Y Return | 42.16% | 23.68% |
| 3Y Return (Ann) | 0.00% | 7.92% |
| 5Y Return (Ann) | 15.71% | 13.12% |
| 10Y Return (Ann) | 19.02% | 12.35% |
| Sharpe Ratio | 2.04 | 1.88 |
| Daily Std Dev | 20.16% | 11.82% |
| Max Drawdown | -73.48% | -55.06% |
| Current Drawdown | -14.49% | -4.42% |
Correlation
The correlation between BGSIX and SWPPX is 0.83, 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. SWPPX - Performance Comparison
In the year-to-date period, BGSIX achieves a 8.81% return, which is significantly higher than SWPPX's 5.66% return. Over the past 10 years, BGSIX has outperformed SWPPX with an annualized return of 19.02%, while SWPPX has yielded a comparatively lower 12.35% annualized return. 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. SWPPX - Expense Ratio Comparison
BGSIX has a 0.93% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
BGSIX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and Schwab S&P 500 Index Fund (SWPPX). 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. SWPPX - Dividend Comparison
BGSIX has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.35%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SWPPX Schwab S&P 500 Index Fund | 1.35% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
BGSIX vs. SWPPX - Drawdown Comparison
The maximum BGSIX drawdown since its inception was -73.48%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for BGSIX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
BGSIX vs. SWPPX - Volatility Comparison
BlackRock Technology Opportunities Institutional (BGSIX) has a higher volatility of 7.90% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.90%. This indicates that BGSIX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.