Baillie Gifford China Equities Fund (BGCBX)

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Baillie Gifford China Equities Fund (BGCBX) is down 2.2% since the beginning of the year. BGCBX is currently trading at $7 per share.

Baillie Gifford China Equities Fund (BGCBX) has returned -2.17% so far this year and 19.07% over the past 12 months.

Based on dividend-adjusted daily data since Jul 7, 2021, BGCBX's average daily return is -0.01%, while the average monthly return is -0.28%.

Historically, 45% of months were positive and 55% were negative. The best month was Nov 2022 with a return of +24.0%, while the worst month was Sep 2022 at -14.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BGCBX closed higher 45% of trading days. The best single day was Mar 17, 2022 with a return of +15.0%, while the worst single day was Apr 7, 2025 at -7.7%.

Baillie Gifford China Equities Fund has an annualized alpha of -10.66%, beta of 0.61, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since July 08, 2021.

• This fund participated in 74.71% of S&P 500 Index downside but only 15.18% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.61 may look defensive, but with R2 of 0.15 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.15 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

BGCBX has a high expense ratio of 0.96%, indicating above-average management fees.

BGCBX ranks 15 for risk / return — in the bottom 15% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Baillie Gifford China Equities Fund (BGCBX) and compare them to S&P 500 Index.

Baillie Gifford China Equities Fund provided a 0.93% dividend yield over the last twelve months, with an annual payout of $0.06 per share.

The table displays the monthly dividend distributions for Baillie Gifford China Equities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Baillie Gifford China Equities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Baillie Gifford China Equities Fund was 59.07%, occurring on Feb 2, 2024. The portfolio has not yet recovered.

The current Baillie Gifford China Equities Fund drawdown is 29.97%.

The chart below shows the rolling one-month volatility.