BGSIX vs. XLK
Compare and contrast key facts about BlackRock Technology Opportunities Institutional (BGSIX) and Technology Select Sector SPDR Fund (XLK).
BGSIX is managed by Blackrock. It was launched on May 15, 2000. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGSIX or XLK.
Correlation
The correlation between BGSIX and XLK is 0.84, 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. XLK - Performance Comparison
Loading data...
Key characteristics
BGSIX:
0.36
XLK:
0.38
BGSIX:
0.72
XLK:
0.75
BGSIX:
1.10
XLK:
1.10
BGSIX:
0.42
XLK:
0.47
BGSIX:
1.23
XLK:
1.46
BGSIX:
9.74%
XLK:
8.17%
BGSIX:
31.89%
XLK:
30.45%
BGSIX:
-73.48%
XLK:
-82.05%
BGSIX:
-10.22%
XLK:
-5.81%
Returns By Period
In the year-to-date period, BGSIX achieves a -2.74% return, which is significantly lower than XLK's -1.90% return. Over the past 10 years, BGSIX has underperformed XLK with an annualized return of 15.66%, while XLK has yielded a comparatively higher 19.57% annualized return.
BGSIX
-2.74%
14.39%
-6.77%
11.52%
11.83%
15.66%
XLK
-1.90%
14.80%
-3.13%
11.55%
21.01%
19.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BGSIX vs. XLK - Expense Ratio Comparison
BGSIX has a 0.93% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
BGSIX vs. XLK — Risk-Adjusted Performance Rank
BGSIX
XLK
BGSIX vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Technology Opportunities Institutional (BGSIX) and Technology Select Sector SPDR Fund (XLK). 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.
Loading data...
Dividends
BGSIX vs. XLK - Dividend Comparison
BGSIX's dividend yield for the trailing twelve months is around 4.02%, more than XLK's 0.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGSIX BlackRock Technology Opportunities Institutional | 4.02% | 3.91% | 0.00% | 0.00% | 6.80% | 4.47% | 1.39% | 1.15% | 7.72% | 1.10% | 0.00% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.69% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
BGSIX vs. XLK - Drawdown Comparison
The maximum BGSIX drawdown since its inception was -73.48%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for BGSIX and XLK. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BGSIX vs. XLK - Volatility Comparison
The current volatility for BlackRock Technology Opportunities Institutional (BGSIX) is 8.10%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 8.64%. This indicates that BGSIX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...