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BST vs. QQQ
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Volatility

Performance

BST vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Science and Technology Trust (BST) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.69%
10.75%
BST
QQQ

Returns By Period

In the year-to-date period, BST achieves a 16.32% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, BST has underperformed QQQ with an annualized return of 13.87%, while QQQ has yielded a comparatively higher 18.08% annualized return.


BST

YTD

16.32%

1M

-0.90%

6M

2.69%

1Y

15.86%

5Y (annualized)

9.94%

10Y (annualized)

13.87%

QQQ

YTD

23.40%

1M

1.56%

6M

10.75%

1Y

30.41%

5Y (annualized)

20.90%

10Y (annualized)

18.08%

Key characteristics


BSTQQQ
Sharpe Ratio0.891.71
Sortino Ratio1.262.29
Omega Ratio1.161.31
Calmar Ratio0.502.19
Martin Ratio2.907.95
Ulcer Index5.34%3.73%
Daily Std Dev17.47%17.38%
Max Drawdown-46.58%-82.98%
Current Drawdown-17.83%-2.13%

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Correlation

-0.50.00.51.00.7

The correlation between BST and QQQ is 0.75, 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.

Risk-Adjusted Performance

BST vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Science and Technology Trust (BST) and Invesco QQQ (QQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for BST, currently valued at 0.89, compared to the broader market-4.00-2.000.002.004.000.891.71
The chart of Sortino ratio for BST, currently valued at 1.26, compared to the broader market-4.00-2.000.002.004.001.262.29
The chart of Omega ratio for BST, currently valued at 1.16, compared to the broader market0.501.001.502.001.161.31
The chart of Calmar ratio for BST, currently valued at 0.50, compared to the broader market0.002.004.006.000.502.19
The chart of Martin ratio for BST, currently valued at 2.90, compared to the broader market-10.000.0010.0020.0030.002.907.95
BST
QQQ

The current BST Sharpe Ratio is 0.89, which is lower than the QQQ Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of BST and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.89
1.71
BST
QQQ

Dividends

BST vs. QQQ - Dividend Comparison

BST's dividend yield for the trailing twelve months is around 8.27%, more than QQQ's 0.60% yield.


TTM20232022202120202019201820172016201520142013
BST
BlackRock Science and Technology Trust
8.27%8.91%10.57%8.53%3.85%5.46%6.41%4.80%6.69%6.93%0.57%0.00%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

BST vs. QQQ - Drawdown Comparison

The maximum BST drawdown since its inception was -46.58%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BST and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-17.83%
-2.13%
BST
QQQ

Volatility

BST vs. QQQ - Volatility Comparison

The current volatility for BlackRock Science and Technology Trust (BST) is 4.69%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that BST experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
4.69%
5.66%
BST
QQQ