BlackRock Science and Technology Trust (BST)

Competitors to BlackRock Science and Technology Trust (BST)

Fidelity Select Technology Portfolio

Fidelity Select Technology Portfolio offers a concentrated investment alternative focusing exclusively on technology sectors, akin to BlackRock Science and Technology Trust. While both funds showcase a belief in the long-term growth of tech stocks, Fidelity emphasizes a holistic view of the tech market, benefiting from Fidelity's extensive research capabilities and historic performance in actively managed funds. The advantage lies in Fidelity's strong brand loyalty and their ability to leverage substantial in-house research resources, making them a formidable competitor.

Invesco QQQ Trust 

Invesco QQQ Trust is a popular exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index, which includes a large number of technology stocks. Both BlackRock Science and Technology Trust and Invesco QQQ target tech-oriented investors, but QQQ's approach as a diversified ETF allows for passive investment strategies, attracting a broader set of investors. BST, meanwhile, often focuses on a more active management style, aiming to outperform the index through selective stock picks, appealing to those who believe in active management. The competition primarily centers around the appeal of active versus passive investing, with QQQ leveraging its size and recognition in passive ETF investing.

Morgan Stanley Technology Fund

Morgan Stanley's Technology Fund competes by providing exposure to a similar array of technology investments, leveraging the firm's extensive analytical resources and established reputation in fund management. The fund is known for utilizing a rigorous bottom-up investment approach, focusing on companies with strong fundamentals, a strategy that appeals to investors looking for long-term value in tech stocks. The strength of Morgan Stanley's brand and its investment heritage can give it a competitive edge by attracting seasoned investors who prioritize traditional methods in actively managed investing.

T. Rowe Price Global Technology Fund

T. Rowe Price's Global Technology Fund competes directly with the BlackRock Science and Technology Trust in the technology sector by offering a more actively managed approach to tech investments. While both funds aim to capitalize on the rapid growth of technology industries, T. Rowe Price employs a research-driven investment strategy, which includes a thorough analysis of global tech trends and companies. This often attracts investors seeking in-depth insights and expertise in the tech market, potentially giving T. Rowe Price a competitive edge for those prioritizing fund management quality over merely investing within a sector.