VV vs. BACAX

Last updated Jun 24, 2026

VV (Vanguard Large-Cap ETF) and BACAX (BlackRock Energy Opportunities Fund) are both funds - VV is a Large Cap Blend Equities fund tracking the CRSP US Large Cap Index, while BACAX is a Energy Equities fund managed by BlackRock. Over the past 10 years, VV returned 15.62%/yr vs 7.95%/yr for BACAX. A 0.58 correlation means they provide meaningful diversification when combined. VV charges 0.04%/yr vs 1.32%/yr for BACAX.

Performance

VV vs. BACAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Large-Cap ETF (VV) and BlackRock Energy Opportunities Fund (BACAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VV achieves a 7.90% return, which is significantly lower than BACAX's 21.66% return. Over the past 10 years, VV has outperformed BACAX with an annualized return of 15.62%, while BACAX has yielded a comparatively lower 7.95% annualized return.

VV

• 1D: -1.44%
• 1M: -1.27%
• YTD: 7.90%
• 6M: 6.95%
• 1Y: 23.37%
• 3Y*: 21.00%
• 5Y*: 12.65%
• 10Y*: 15.62%

BACAX

• 1D: 1.37%
• 1M: -7.68%
• YTD: 21.66%
• 6M: 22.28%
• 1Y: 28.42%
• 3Y*: 15.42%
• 5Y*: 17.20%
• 10Y*: 7.95%

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

VV vs. BACAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VV Vanguard Large-Cap ETF	7.90%	18.11%	25.25%	27.18%	-19.91%	27.41%	21.04%	31.25%	-4.46%	22.00%
BACAX BlackRock Energy Opportunities Fund	21.66%	10.53%	3.78%	2.61%	43.02%	42.93%	-29.68%	12.64%	-19.98%	2.07%

Correlation

The correlation between VV and BACAX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Feb 24, 2005	0.58

The correlation between VV and BACAX shifts across timeframes, from -0.07 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VV vs. BACAX — Risk / Return Rank

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

VV

VV Risk / Return Rank: 57
VV Sharpe Ratio Rank: 57
VV Sortino Ratio Rank: 55
VV Omega Ratio Rank: 56
VV Calmar Ratio Rank: 54
VV Martin Ratio Rank: 65

BACAX

BACAX Risk / Return Rank: 30
BACAX Sharpe Ratio Rank: 31
BACAX Sortino Ratio Rank: 26
BACAX Omega Ratio Rank: 26
BACAX Calmar Ratio Rank: 34
BACAX Martin Ratio Rank: 34

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.

VV vs. BACAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap ETF (VV) and BlackRock Energy Opportunities Fund (BACAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VV	BACAX	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.46	+0.39
Sortino ratio: Return per unit of downside risk	2.54	1.97	+0.57
Omega ratio: Gain probability vs. loss probability	1.33	1.25	+0.09
Calmar ratio: Return relative to maximum drawdown	2.55	2.08	+0.47
Martin ratio: Return relative to average drawdown	11.23	7.24	+3.99

VV vs. BACAX - Sharpe Ratio Comparison

The current VV Sharpe Ratio is 1.86, which is comparable to the BACAX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of VV and BACAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VV vs. BACAX - Drawdown Comparison

The maximum VV drawdown since its inception was -54.81%, smaller than the maximum BACAX drawdown of -78.88%. Use the drawdown chart below to compare losses from any high point for VV and BACAX.

Drawdown Indicators

	VV	BACAX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-78.88%	+24.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-12.36%	+3.15%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-18.73%	-0.24%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-25.74%	+0.08%
Max Drawdown (10Y) Largest decline over 10 years	-34.28%	-65.92%	+31.64%
Current Drawdown Current decline from peak	-3.21%	-11.16%	+7.95%
Average Drawdown Average peak-to-trough decline	-6.83%	-34.21%	+27.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	3.58%	-1.49%

Volatility

VV vs. BACAX - Volatility Comparison

The current volatility for Vanguard Large-Cap ETF (VV) is 4.94%, while BlackRock Energy Opportunities Fund (BACAX) has a volatility of 6.13%. This indicates that VV experiences smaller price fluctuations and is considered to be less risky than BACAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VV	BACAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	6.13%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	14.56%	-4.63%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	17.61%	-4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	23.51%	-6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.21%	27.22%	-9.01%

VV vs. BACAX - Expense Ratio Comparison

VV has a 0.04% expense ratio, which is lower than BACAX's 1.32% expense ratio.

Dividends

VV vs. BACAX - Dividend Comparison

VV's dividend yield for the trailing twelve months is around 1.00%, less than BACAX's 2.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BACAX BlackRock Energy Opportunities Fund	2.03%	2.47%	2.29%	3.06%	2.21%	2.39%	3.38%	2.69%	2.87%	2.48%	1.95%	1.98%
VV Vanguard Large-Cap ETF	1.00%	1.08%	1.24%	1.41%	1.66%	1.19%	1.46%	1.81%	2.09%	1.75%	1.98%	1.96%

Frequently Asked Questions

Can I hold both VV and BACAX in my portfolio?

VV and BACAX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VV or BACAX?

BACAX has higher volatility (6.13%) compared to VV (4.94%). In terms of maximum drawdown, VV dropped -54.81% vs BACAX's -78.88%.

Which has better risk-adjusted returns?

VV currently has the higher Sharpe Ratio (1.86 vs 1.46), 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.