BICSX vs. NASDX
BICSX (BlackRock Commodity Strategies Portfolio) and NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) are both mutual funds - BICSX is a Commodities fund managed by BlackRock, while NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Over the past 10 years, BICSX returned 9.47%/yr vs 22.58%/yr for NASDX. At a 0.41 correlation, their price movements are largely independent. BICSX charges 0.72%/yr vs 0.63%/yr for NASDX.
Performance
BICSX vs. NASDX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with BICSX having a 20.87% return and NASDX slightly higher at 21.38%. Over the past 10 years, BICSX has underperformed NASDX with an annualized return of 9.47%, while NASDX has yielded a comparatively higher 22.58% annualized return.
BICSX
- 1D
- 0.81%
- 1M
- -1.57%
- YTD
- 20.87%
- 6M
- 22.97%
- 1Y
- 40.20%
- 3Y*
- 18.12%
- 5Y*
- 12.07%
- 10Y*
- 9.47%
NASDX
- 1D
- 0.47%
- 1M
- 10.94%
- YTD
- 21.38%
- 6M
- 19.90%
- 1Y
- 42.08%
- 3Y*
- 32.65%
- 5Y*
- 20.44%
- 10Y*
- 22.58%
BICSX vs. NASDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BICSX BlackRock Commodity Strategies Portfolio | 20.87% | 28.70% | 4.38% | -4.32% | 11.90% | 22.44% | 6.80% | 11.60% | -14.50% | 8.28% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 21.38% | 21.00% | 36.91% | 54.69% | -32.57% | 27.32% | 48.59% | 38.22% | -1.21% | 31.27% |
Correlation
The correlation between BICSX and NASDX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2011 | 0.41 |
Over the past year, the correlation between BICSX and NASDX has dropped to 0.09 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
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Return for Risk
BICSX vs. NASDX — Risk / Return Rank
BICSX
NASDX
BICSX vs. NASDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Commodity Strategies Portfolio (BICSX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.
| BICSX | NASDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.46 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 6.47 | 3.65 | +2.82 |
| Martin ratioReturn relative to average drawdown | 23.58 | 14.16 | +9.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BICSX | NASDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 2.70 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.89 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 1.00 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.33 | -0.05 |
Drawdowns
BICSX vs. NASDX - Drawdown Comparison
The maximum BICSX drawdown since its inception was -51.59%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for BICSX and NASDX.
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Drawdown Indicators
| BICSX | NASDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.59% | -83.16% | +31.57% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -11.90% | +5.63% |
Max Drawdown (3Y)Largest decline over 3 years | -10.53% | -22.71% | +12.18% |
Max Drawdown (5Y)Largest decline over 5 years | -22.35% | -35.33% | +12.98% |
Max Drawdown (10Y)Largest decline over 10 years | -35.82% | -35.33% | -0.49% |
Current DrawdownCurrent decline from peak | -2.34% | 0.00% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -20.52% | -34.37% | +13.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 3.06% | -1.34% |
Volatility
BICSX vs. NASDX - Volatility Comparison
BlackRock Commodity Strategies Portfolio (BICSX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) have volatilities of 4.41% and 4.51%, 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.
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Volatility by Period
| BICSX | NASDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.51% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 12.19% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.72% | 16.10% | -1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.82% | 23.06% | -7.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.04% | 22.68% | -7.64% |
BICSX vs. NASDX - Expense Ratio Comparison
BICSX has a 0.72% expense ratio, which is higher than NASDX's 0.63% expense ratio.
Dividends
BICSX vs. NASDX - Dividend Comparison
BICSX's dividend yield for the trailing twelve months is around 2.56%, less than NASDX's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BICSX BlackRock Commodity Strategies Portfolio | 2.56% | 3.09% | 3.60% | 9.39% | 9.05% | 2.68% | 0.80% | 2.03% | 2.12% | 0.65% | 0.94% | 0.00% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 2.98% | 3.76% | 16.95% | 7.61% | 3.75% | 2.59% | 1.28% | 7.09% | 2.47% | 1.65% | 0.75% | 0.85% |
Frequently Asked Questions
BICSX and NASDX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NASDX has higher volatility (4.51%) compared to BICSX (4.41%). In terms of maximum drawdown, BICSX dropped -51.59% vs NASDX's -83.16%.
BICSX currently has the higher Sharpe Ratio (2.78 vs 2.70), 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.
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