Backblaze is a storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data. Co. provides these cloud services through a purpose-built, web-scale software infrastructure built on commodity hardware. The Backblaze Storage Cloud provides the main platform for Co.'s cloud services. Co.'s two cloud services that it provides on its Storage Cloud are: Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases; and Backblaze Computer Backup, which automatically backs up data from laptops and desktops for businesses and individuals. The BLZE YTD return is shown above.
The YTD Return on the BLZE YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BLZE YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BLZE YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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