SDIV vs. BGSAX

Last updated Jun 4, 2026

SDIV (Global X SuperDividend ETF) and BGSAX (BlackRock Technology Opportunities Fund Investor A) are both funds - SDIV is a Global Equities fund tracking the Solactive Global SuperDividend Index, while BGSAX is a Technology Equities fund managed by BlackRock. Over the past 10 years, SDIV returned -0.07%/yr vs 25.86%/yr for BGSAX. A 0.56 correlation means they provide meaningful diversification when combined. SDIV charges 0.58%/yr vs 1.20%/yr for BGSAX.

Performance

SDIV vs. BGSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend ETF (SDIV) and BlackRock Technology Opportunities Fund Investor A (BGSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDIV achieves a 5.97% return, which is significantly lower than BGSAX's 43.98% return. Over the past 10 years, SDIV has underperformed BGSAX with an annualized return of -0.07%, while BGSAX has yielded a comparatively higher 25.86% annualized return.

SDIV

• 1D: -2.00%
• 1M: -3.86%
• YTD: 5.97%
• 6M: 6.19%
• 1Y: 25.09%
• 3Y*: 15.75%
• 5Y*: -0.84%
• 10Y*: -0.07%

BGSAX

• 1D: 1.14%
• 1M: 21.26%
• YTD: 43.98%
• 6M: 42.19%
• 1Y: 68.64%
• 3Y*: 40.65%
• 5Y*: 17.87%
• 10Y*: 25.86%

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

SDIV vs. BGSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDIV Global X SuperDividend ETF	5.97%	29.12%	1.77%	5.46%	-26.43%	3.76%	-20.89%	13.04%	-15.07%	11.95%
BGSAX BlackRock Technology Opportunities Fund Investor A	43.98%	19.63%	40.56%	49.09%	-43.13%	8.19%	86.27%	43.84%	2.03%	49.45%

Correlation

The correlation between SDIV and BGSAX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jun 10, 2011	0.56

Over the past year, the correlation between SDIV and BGSAX has dropped to 0.35 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

Return for Risk

SDIV vs. BGSAX — Risk / Return Rank

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

SDIV

SDIV Risk / Return Rank: 61
SDIV Sharpe Ratio Rank: 58
SDIV Sortino Ratio Rank: 56
SDIV Omega Ratio Rank: 56
SDIV Calmar Ratio Rank: 68
SDIV Martin Ratio Rank: 66

BGSAX

BGSAX Risk / Return Rank: 73
BGSAX Sharpe Ratio Rank: 87
BGSAX Sortino Ratio Rank: 69
BGSAX Omega Ratio Rank: 68
BGSAX Calmar Ratio Rank: 82
BGSAX Martin Ratio Rank: 57

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.

SDIV vs. BGSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend ETF (SDIV) and BlackRock Technology Opportunities Fund Investor A (BGSAX). 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.

	SDIV	BGSAX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	2.84	-0.82
Sortino ratio: Return per unit of downside risk	2.73	3.45	-0.72
Omega ratio: Gain probability vs. loss probability	1.35	1.46	-0.11
Calmar ratio: Return relative to maximum drawdown	3.43	3.80	-0.37
Martin ratio: Return relative to average drawdown	12.41	11.42	+0.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDIV vs. BGSAX - Sharpe Ratio Comparison

The current SDIV Sharpe Ratio is 2.02, which is comparable to the BGSAX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of SDIV and BGSAX, 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

	SDIV	BGSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	2.84	-0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	0.65	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	1.00	-1.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.46	-0.40

Drawdowns

SDIV vs. BGSAX - Drawdown Comparison

The maximum SDIV drawdown since its inception was -56.90%, smaller than the maximum BGSAX drawdown of -73.75%. Use the drawdown chart below to compare losses from any high point for SDIV and BGSAX.

Drawdown Indicators

	SDIV	BGSAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.90%	-73.75%	+16.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-18.49%	+11.14%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-27.75%	+9.11%
Max Drawdown (5Y) Largest decline over 5 years	-41.94%	-49.22%	+7.28%
Max Drawdown (10Y) Largest decline over 10 years	-56.90%	-49.22%	-7.68%
Current Drawdown Current decline from peak	-17.77%	0.00%	-17.77%
Average Drawdown Average peak-to-trough decline	-18.59%	-26.37%	+7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	6.15%	-4.12%

Volatility

SDIV vs. BGSAX - Volatility Comparison

The current volatility for Global X SuperDividend ETF (SDIV) is 4.21%, while BlackRock Technology Opportunities Fund Investor A (BGSAX) has a volatility of 9.07%. This indicates that SDIV experiences smaller price fluctuations and is considered to be less risky than BGSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDIV	BGSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	9.07%	-4.86%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	20.29%	-10.65%
Volatility (1Y) Calculated over the trailing 1-year period	12.47%	24.75%	-12.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	27.76%	-10.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.97%	25.88%	-6.91%

SDIV vs. BGSAX - Expense Ratio Comparison

SDIV has a 0.58% expense ratio, which is lower than BGSAX's 1.20% expense ratio.

Dividends

SDIV vs. BGSAX - Dividend Comparison

SDIV's dividend yield for the trailing twelve months is around 10.02%, more than BGSAX's 9.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BGSAX BlackRock Technology Opportunities Fund Investor A	9.41%	13.55%	8.68%	0.00%	0.00%	7.66%	4.86%	1.50%	1.24%	8.01%	1.17%	0.00%
SDIV Global X SuperDividend ETF	10.02%	9.59%	11.33%	11.73%	14.17%	8.95%	7.96%	8.73%	9.22%	6.66%	6.95%	7.33%

Frequently Asked Questions

Can I hold both SDIV and BGSAX in my portfolio?

SDIV and BGSAX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDIV or BGSAX?

BGSAX has higher volatility (9.07%) compared to SDIV (4.21%). In terms of maximum drawdown, SDIV dropped -56.90% vs BGSAX's -73.75%.

Which has better risk-adjusted returns?

BGSAX currently has the higher Sharpe Ratio (2.84 vs 2.02), 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.