BST vs. XLK
Compare and contrast key facts about BlackRock Science and Technology Trust (BST) and Technology Select Sector SPDR Fund (XLK).
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: BST or XLK.
Key characteristics
| BST | XLK | |
|---|---|---|
| YTD Return | 17.63% | 23.33% |
| 1Y Return | 21.12% | 33.30% |
| 3Y Return (Ann) | -3.96% | 13.18% |
| 5Y Return (Ann) | 11.64% | 23.47% |
| 10Y Return (Ann) | 14.36% | 20.55% |
| Sharpe Ratio | 1.23 | 1.50 |
| Sortino Ratio | 1.68 | 2.02 |
| Omega Ratio | 1.22 | 1.27 |
| Calmar Ratio | 0.68 | 1.92 |
| Martin Ratio | 4.03 | 6.63 |
| Ulcer Index | 5.31% | 4.91% |
| Daily Std Dev | 17.36% | 21.65% |
| Max Drawdown | -46.59% | -82.05% |
| Current Drawdown | -16.92% | -0.53% |
Correlation
The correlation between BST and XLK is 0.73, 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
BST vs. XLK - Performance Comparison
In the year-to-date period, BST achieves a 17.63% return, which is significantly lower than XLK's 23.33% return. Over the past 10 years, BST has underperformed XLK with an annualized return of 14.36%, while XLK has yielded a comparatively higher 20.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BST vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Science and Technology Trust (BST) 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.
Dividends
BST vs. XLK - Dividend Comparison
BST's dividend yield for the trailing twelve months is around 8.12%, more than XLK's 0.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BST BlackRock Science and Technology Trust | 7.44% | 8.91% | 10.57% | 8.53% | 3.85% | 5.46% | 6.41% | 4.80% | 6.69% | 6.93% | 0.57% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% | 1.70% |
Drawdowns
BST vs. XLK - Drawdown Comparison
The maximum BST drawdown since its inception was -46.59%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for BST and XLK. For additional features, visit the drawdowns tool.
Volatility
BST vs. XLK - Volatility Comparison
The current volatility for BlackRock Science and Technology Trust (BST) is 3.92%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 6.20%. This indicates that BST 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.