NASDX vs. BACIX
NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) and BACIX (BlackRock Energy Opportunities Fund) are both mutual funds - NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index, while BACIX is a Energy Equities fund managed by BlackRock. Over the past 10 years, NASDX returned 22.54%/yr vs 9.14%/yr for BACIX. At a 0.45 correlation, their price movements are largely independent. NASDX charges 0.63%/yr vs 0.91%/yr for BACIX.
Performance
NASDX vs. BACIX - Performance Comparison
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Returns By Period
In the year-to-date period, NASDX achieves a 21.03% return, which is significantly lower than BACIX's 30.02% return. Over the past 10 years, NASDX has outperformed BACIX with an annualized return of 22.54%, while BACIX has yielded a comparatively lower 9.14% annualized return.
NASDX
- 1D
- -0.29%
- 1M
- 9.16%
- YTD
- 21.03%
- 6M
- 19.66%
- 1Y
- 41.24%
- 3Y*
- 32.52%
- 5Y*
- 19.94%
- 10Y*
- 22.54%
BACIX
- 1D
- 0.70%
- 1M
- -2.45%
- YTD
- 30.02%
- 6M
- 28.32%
- 1Y
- 44.91%
- 3Y*
- 17.87%
- 5Y*
- 18.94%
- 10Y*
- 9.14%
NASDX vs. BACIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 21.03% | 21.00% | 36.91% | 54.69% | -32.57% | 27.32% | 48.59% | 38.22% | -1.21% | 31.27% |
BACIX BlackRock Energy Opportunities Fund | 30.02% | 11.03% | 4.23% | 2.97% | 43.64% | 43.50% | -29.38% | 13.04% | -19.55% | 2.47% |
Correlation
The correlation between NASDX and BACIX is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2005 | 0.45 |
The correlation between NASDX and BACIX shifts across timeframes, from -0.13 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NASDX vs. BACIX — Risk / Return Rank
NASDX
BACIX
NASDX vs. BACIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and BlackRock Energy Opportunities Fund (BACIX). 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.
| NASDX | BACIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 4.78 | -1.26 |
| Martin ratioReturn relative to average drawdown | 13.66 | 14.18 | -0.52 |
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
| NASDX | BACIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | 2.51 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.81 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.34 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.20 | +0.13 |
Drawdowns
NASDX vs. BACIX - Drawdown Comparison
The maximum NASDX drawdown since its inception was -83.16%, which is greater than BACIX's maximum drawdown of -77.81%. Use the drawdown chart below to compare losses from any high point for NASDX and BACIX.
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Drawdown Indicators
| NASDX | BACIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.16% | -77.81% | -5.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.90% | -9.03% | -2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -22.71% | -18.44% | -4.27% |
Max Drawdown (5Y)Largest decline over 5 years | -35.33% | -25.76% | -9.57% |
Max Drawdown (10Y)Largest decline over 10 years | -35.33% | -65.65% | +30.32% |
Current DrawdownCurrent decline from peak | -0.29% | -5.07% | +4.78% |
Average DrawdownAverage peak-to-trough decline | -34.37% | -32.36% | -2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 3.04% | +0.02% |
Volatility
NASDX vs. BACIX - Volatility Comparison
The current volatility for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) is 4.52%, while BlackRock Energy Opportunities Fund (BACIX) has a volatility of 6.97%. This indicates that NASDX experiences smaller price fluctuations and is considered to be less risky than BACIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NASDX | BACIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 6.97% | -2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.19% | 14.12% | -1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.10% | 17.21% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.05% | 23.53% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.68% | 27.20% | -4.52% |
NASDX vs. BACIX - Expense Ratio Comparison
NASDX has a 0.63% expense ratio, which is lower than BACIX's 0.91% expense ratio.
Dividends
NASDX vs. BACIX - Dividend Comparison
NASDX's dividend yield for the trailing twelve months is around 2.99%, more than BACIX's 2.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BACIX BlackRock Energy Opportunities Fund | 2.15% | 2.79% | 2.63% | 3.39% | 2.49% | 2.67% | 3.66% | 3.06% | 3.43% | 2.76% | 2.38% | 2.51% |
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares | 2.99% | 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
NASDX and BACIX have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BACIX has higher volatility (6.97%) compared to NASDX (4.52%). In terms of maximum drawdown, NASDX dropped -83.16% vs BACIX's -77.81%.
NASDX currently has the higher Sharpe Ratio (2.60 vs 2.51), 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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