LPVIX vs. NASDX

Last updated Jun 4, 2026

LPVIX (BlackRock LifePath Dynamic 2055 Fund) and NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) are both mutual funds - LPVIX is a Target Retirement Date fund managed by BlackRock, while NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index. Over the past 10 years, LPVIX returned 11.45%/yr vs 22.58%/yr for NASDX. Their correlation of 0.83 suggests significant overlap in exposure. LPVIX charges 0.50%/yr vs 0.63%/yr for NASDX.

Performance

LPVIX vs. NASDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Dynamic 2055 Fund (LPVIX) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LPVIX achieves a 13.87% return, which is significantly lower than NASDX's 21.38% return. Over the past 10 years, LPVIX has underperformed NASDX with an annualized return of 11.45%, while NASDX has yielded a comparatively higher 22.58% annualized return.

LPVIX

• 1D: 0.40%
• 1M: 5.67%
• YTD: 13.87%
• 6M: 14.86%
• 1Y: 29.85%
• 3Y*: 18.28%
• 5Y*: 9.27%
• 10Y*: 11.45%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LPVIX vs. NASDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LPVIX BlackRock LifePath Dynamic 2055 Fund	13.87%	20.90%	8.18%	22.40%	-18.77%	17.88%	14.44%	26.49%	-8.37%	21.95%
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 LPVIX and NASDX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jul 2, 2010	0.83

The correlation between LPVIX and NASDX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

Return for Risk

LPVIX vs. NASDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LPVIX

LPVIX Risk / Return Rank: 56
LPVIX Sharpe Ratio Rank: 52
LPVIX Sortino Ratio Rank: 48
LPVIX Omega Ratio Rank: 47
LPVIX Calmar Ratio Rank: 62
LPVIX Martin Ratio Rank: 69

NASDX

NASDX Risk / Return Rank: 75
NASDX Sharpe Ratio Rank: 84
NASDX Sortino Ratio Rank: 71
NASDX Omega Ratio Rank: 67
NASDX Calmar Ratio Rank: 80
NASDX Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LPVIX vs. NASDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2055 Fund (LPVIX) 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.

	LPVIX	NASDX	Difference
Sharpe ratio Return per unit of total volatility	2.13	2.70	-0.57
Sortino ratio Return per unit of downside risk	2.95	3.51	-0.55
Omega ratio Gain probability vs. loss probability	1.38	1.46	-0.08
Calmar ratio Return relative to maximum drawdown	3.04	3.65	-0.61
Martin ratio Return relative to average drawdown	13.28	14.16	-0.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LPVIX vs. NASDX - Sharpe Ratio Comparison

The current LPVIX Sharpe Ratio is 2.13, which is comparable to the NASDX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of LPVIX and NASDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LPVIX	NASDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	2.70	-0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.89	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	1.00	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.33	+0.36

Drawdowns

LPVIX vs. NASDX - Drawdown Comparison

The maximum LPVIX drawdown since its inception was -34.31%, smaller than the maximum NASDX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for LPVIX and NASDX.

Drawdown Indicators

	LPVIX	NASDX	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-83.16%	+48.85%
Max Drawdown (1Y) Largest decline over 1 year	-9.91%	-11.90%	+1.99%
Max Drawdown (3Y) Largest decline over 3 years	-22.45%	-22.71%	+0.26%
Max Drawdown (5Y) Largest decline over 5 years	-27.01%	-35.33%	+8.32%
Max Drawdown (10Y) Largest decline over 10 years	-34.31%	-35.33%	+1.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.72%	-34.37%	+29.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	3.06%	-0.80%

Volatility

LPVIX vs. NASDX - Volatility Comparison

The current volatility for BlackRock LifePath Dynamic 2055 Fund (LPVIX) is 4.16%, while Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a volatility of 4.51%. This indicates that LPVIX 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.

Volatility by Period

	LPVIX	NASDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	4.51%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	11.29%	12.19%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	14.15%	16.10%	-1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.08%	23.06%	-5.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.54%	22.68%	-6.14%

LPVIX vs. NASDX - Expense Ratio Comparison

LPVIX has a 0.50% expense ratio, which is lower than NASDX's 0.63% expense ratio.

Dividends

LPVIX vs. NASDX - Dividend Comparison

LPVIX's dividend yield for the trailing twelve months is around 4.73%, more than NASDX's 2.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LPVIX BlackRock LifePath Dynamic 2055 Fund	4.73%	5.39%	0.72%	2.99%	2.53%	11.79%	1.19%	4.83%	10.40%	9.61%	1.93%	3.84%
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

Can I hold both LPVIX and NASDX in my portfolio?

LPVIX and NASDX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LPVIX or NASDX?

NASDX has higher volatility (4.51%) compared to LPVIX (4.16%). In terms of maximum drawdown, LPVIX dropped -34.31% vs NASDX's -83.16%.

Which has better risk-adjusted returns?

NASDX currently has the higher Sharpe Ratio (2.70 vs 2.13), 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.