BLKC.AS - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

60.4% p.a.

5-Year Horizon

Max Drawdown (5Y)

-51.6%

Deepest Drawdown

Sharpe Ratio

0.51

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

45 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

65.7%

Focused

Effective Holdings

~21

of 39 holdings

Top Sector

68.2%

Financial Services

Top Region / Country

83.6%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Stable Long-Term Volatility High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-27.6%
3 Years	60.0%	-51.6%	0.67	+42.9%
5 Years	60.4%	-51.6%	0.51	—
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 13.6

🟢 Deep market liquidity & capital coverage (Tier 1)

Solid fund volume

🟡 Moderate analyst coverage (17.5 analysts)

🔴 Extreme top 10 holdings concentration: 66% of fund in top 10 positions.

🔴 Severe sector concentration risk: 68% in "Financial Services".

⚠️ Industry concentration: 46% in "Capital Markets".

🔴 31% of ETF holdings are unprofitable companies (severe cash-burn and fundamental financial risk).

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 64% of forward growth.

⚠️ Elevated Interest Rate Sensitivity: 53% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 73% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (60.4% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -51.6% in the extended horizon.