BLK vs. OPRA
BLK (BlackRock, Inc.) and OPRA (Opera Limited) are both stocks. BLK operates in Asset Management (Financial Services), while OPRA operates in Internet Content & Information (Communication Services). Over the past 5 years, BLK returned 5.74%/yr vs 17.20%/yr for OPRA. At a 0.28 correlation, their price movements are largely independent.
Performance
BLK vs. OPRA - Performance Comparison
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Returns By Period
In the year-to-date period, BLK achieves a -2.50% return, which is significantly lower than OPRA's 31.99% return.
BLK
- 1D
- 1.52%
- 1M
- -4.07%
- YTD
- -2.50%
- 6M
- -4.18%
- 1Y
- 8.42%
- 3Y*
- 17.07%
- 5Y*
- 5.74%
- 10Y*
- 14.55%
OPRA
- 1D
- 2.31%
- 1M
- 0.44%
- YTD
- 31.99%
- 6M
- 30.97%
- 1Y
- 3.53%
- 3Y*
- 4.25%
- 5Y*
- 17.20%
- 10Y*
- —
BLK vs. OPRA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | -2.50% | 6.55% | 29.29% | 17.86% | -20.40% | 29.39% | 47.21% | 31.87% | -21.10% |
OPRA Opera Limited | 31.99% | -22.08% | 52.02% | 140.60% | -10.91% | -22.67% | -1.30% | 66.37% | -61.23% |
Correlation
The correlation between BLK and OPRA is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.28 |
Fundamentals
BLK:
$170.28B
OPRA:
$1.66B
BLK:
$38.89
OPRA:
$1.26
BLK:
26.53
OPRA:
14.39
BLK:
6.46
OPRA:
2.55
BLK:
3.00
OPRA:
1.68
BLK:
$25.71B
OPRA:
$647.66M
BLK:
$15.21B
OPRA:
$378.92M
BLK:
$9.79B
OPRA:
$154.47M
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Return for Risk
BLK vs. OPRA — Risk / Return Rank
BLK
OPRA
BLK vs. OPRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock, Inc. (BLK) and Opera Limited (OPRA). 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.
| BLK | OPRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.05 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 0.01 | +0.28 |
| Martin ratioReturn relative to average drawdown | 0.66 | 0.02 | +0.64 |
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Drawdowns
BLK vs. OPRA - Drawdown Comparison
The maximum BLK drawdown since its inception was -60.36%, smaller than the maximum OPRA drawdown of -72.85%. Use the drawdown chart below to compare losses from any high point for BLK and OPRA.
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Drawdown Indicators
| BLK | OPRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.36% | -72.85% | +12.49% |
Max Drawdown (1Y)Largest decline over 1 year | -22.45% | -41.28% | +18.83% |
Max Drawdown (3Y)Largest decline over 3 years | -23.74% | -61.68% | +37.94% |
Max Drawdown (5Y)Largest decline over 5 years | -43.90% | -62.86% | +18.96% |
Max Drawdown (10Y)Largest decline over 10 years | -43.90% | — | — |
Current DrawdownCurrent decline from peak | -12.80% | -25.67% | +12.87% |
Average DrawdownAverage peak-to-trough decline | -11.93% | -41.08% | +29.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.05% | 23.43% | -13.38% |
Volatility
BLK vs. OPRA - Volatility Comparison
BlackRock, Inc. (BLK) and Opera Limited (OPRA) have volatilities of 8.55% and 8.88%, 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
| BLK | OPRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.55% | 8.88% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 20.59% | 39.19% | -18.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.90% | 52.09% | -26.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.76% | 60.45% | -33.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.75% | 64.30% | -36.55% |
Dividends
BLK vs. OPRA - Dividend Comparison
BLK's dividend yield for the trailing twelve months is around 2.12%, less than OPRA's 4.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | 2.12% | 1.95% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.08% | 1.95% | 2.41% | 2.56% |
OPRA Opera Limited | 4.40% | 5.65% | 4.22% | 8.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BLK vs. OPRA - Financials Comparison
This section allows you to compare key financial metrics between BlackRock, Inc. and Opera Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BLK vs. OPRA - Profitability Comparison
BLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported a gross profit of 5.51B and revenue of 6.77B. Therefore, the gross margin over that period was 81.4%.
OPRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Opera Limited reported a gross profit of 111.02M and revenue of 175.77M. Therefore, the gross margin over that period was 63.2%.
BLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported an operating income of 2.33B and revenue of 6.77B, resulting in an operating margin of 34.5%.
OPRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Opera Limited reported an operating income of 30.43M and revenue of 175.77M, resulting in an operating margin of 17.3%.
BLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported a net income of 2.21B and revenue of 6.77B, resulting in a net margin of 32.7%.
OPRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Opera Limited reported a net income of 24.79M and revenue of 175.77M, resulting in a net margin of 14.1%.
Frequently Asked Questions
BLK and OPRA have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPRA has higher volatility (8.88%) compared to BLK (8.55%). In terms of maximum drawdown, BLK dropped -60.36% vs OPRA's -72.85%.
BLK currently has the higher Sharpe Ratio (0.26 vs 0.01), 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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