BRACX vs. NASDX
BRACX (BlackRock Allocation Target Shares Series C Portfolio) and NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) are both mutual funds - BRACX is a Corporate Bonds fund managed by BlackRock, while NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Over the past 10 years, BRACX returned 2.25%/yr vs 22.58%/yr for NASDX. At a correlation of -0.10, they often move in opposite directions. BRACX charges 0.00%/yr vs 0.63%/yr for NASDX.
Performance
BRACX vs. NASDX - Performance Comparison
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Returns By Period
In the year-to-date period, BRACX achieves a 0.73% return, which is significantly lower than NASDX's 21.38% return. Over the past 10 years, BRACX has underperformed NASDX with an annualized return of 2.25%, while NASDX has yielded a comparatively higher 22.58% annualized return.
BRACX
- 1D
- 0.00%
- 1M
- 0.78%
- YTD
- 0.73%
- 6M
- 0.63%
- 1Y
- 6.55%
- 3Y*
- 4.76%
- 5Y*
- 0.27%
- 10Y*
- 2.25%
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%
BRACX vs. NASDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRACX BlackRock Allocation Target Shares Series C Portfolio | 0.73% | 7.97% | 1.02% | 8.05% | -15.97% | -1.94% | 11.21% | 14.28% | -2.44% | 5.11% |
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 BRACX and NASDX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2004 | -0.10 |
The correlation between BRACX and NASDX shifts across timeframes, from -0.10 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BRACX vs. NASDX — Risk / Return Rank
BRACX
NASDX
BRACX vs. NASDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series C Portfolio (BRACX) 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.
| BRACX | NASDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 3.65 | -1.59 |
| Martin ratioReturn relative to average drawdown | 6.84 | 14.16 | -7.32 |
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
| BRACX | NASDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 2.70 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.89 | -0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 1.00 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.33 | -0.07 |
Drawdowns
BRACX vs. NASDX - Drawdown Comparison
The maximum BRACX drawdown since its inception was -22.49%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for BRACX and NASDX.
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Drawdown Indicators
| BRACX | NASDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.49% | -83.16% | +60.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -11.90% | +8.64% |
Max Drawdown (3Y)Largest decline over 3 years | -6.79% | -22.71% | +15.92% |
Max Drawdown (5Y)Largest decline over 5 years | -22.41% | -35.33% | +12.92% |
Max Drawdown (10Y)Largest decline over 10 years | -22.49% | -35.33% | +12.84% |
Current DrawdownCurrent decline from peak | -2.18% | 0.00% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -34.37% | +29.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 3.06% | -2.08% |
Volatility
BRACX vs. NASDX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series C Portfolio (BRACX) is 1.47%, while Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a volatility of 4.51%. This indicates that BRACX experiences smaller price fluctuations and is considered to be less risky than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRACX | NASDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 4.51% | -3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 12.19% | -9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 16.10% | -11.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.64% | 23.06% | -16.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.94% | 22.68% | -16.74% |
BRACX vs. NASDX - Expense Ratio Comparison
BRACX has a 0.00% expense ratio, which is lower than NASDX's 0.63% expense ratio.
Dividends
BRACX vs. NASDX - Dividend Comparison
BRACX's dividend yield for the trailing twelve months is around 5.27%, more than NASDX's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRACX BlackRock Allocation Target Shares Series C Portfolio | 5.27% | 5.29% | 3.95% | 3.09% | 2.63% | 3.46% | 6.38% | 4.15% | 3.67% | 2.85% | 0.20% | 0.86% |
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
BRACX and NASDX have a correlation of 0.26, 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 BRACX (1.47%). In terms of maximum drawdown, BRACX dropped -22.49% vs NASDX's -83.16%.
NASDX currently has the higher Sharpe Ratio (2.70 vs 1.57), 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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