- ISIN
- US0568237350
- Issuer
- Baillie Gifford Funds
- Inception Date
- Apr 3, 2003
- Category
- Emerging Markets Diversified
- Min. Investment
- $100,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
BGELX Performance Chart
Baillie Gifford Emerging Markets Equities Fund (BGELX) is up 15.7% since the beginning of the year. BGELX is currently trading at $31 per share. Investors who bought $1,000 worth of BGELX shares 5 years ago would now be looking at an investment worth $1,282.
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Returns By Period
Baillie Gifford Emerging Markets Equities Fund (BGELX) has returned 15.73% so far this year and 44.49% over the past 12 months.
Baillie Gifford Emerging Markets Equities Fund
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 15.73%
- 6M
- 18.17%
- 1Y
- 44.49%
- 3Y*
- 20.01%
- 5Y*
- 5.10%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BGELX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, BGELX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +19.3%, while the worst month was Mar 2020 at -19.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BGELX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +8.4%, while the worst single day was Mar 16, 2020 at -11.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.02% | 5.55% | -11.11% | 11.12% | 0.00% | 0.00% | 15.73% | ||||||
| 2025 | 3.13% | 0.35% | 1.14% | -0.64% | 5.48% | 7.12% | 0.48% | 3.39% | 9.09% | 3.97% | -2.37% | 4.12% | 40.75% |
| 2024 | -3.37% | 4.25% | 2.77% | 0.81% | 2.57% | 3.29% | -1.90% | 2.72% | 3.92% | -3.59% | -2.78% | -2.29% | 6.04% |
| 2023 | 12.79% | -8.31% | 3.81% | -1.08% | -1.36% | 6.08% | 6.09% | -6.28% | -3.93% | -4.58% | 8.74% | 3.90% | 14.42% |
| 2022 | -0.24% | -8.66% | -3.28% | -9.81% | 1.78% | -7.09% | -0.38% | 0.65% | -12.43% | -2.88% | 19.34% | -3.86% | -26.46% |
| 2021 | 4.39% | 0.38% | -3.47% | 2.15% | 1.10% | 1.26% | -7.86% | 1.10% | -6.05% | 2.74% | -5.81% | 1.66% | -8.93% |
Benchmark Metrics
Baillie Gifford Emerging Markets Equities Fund has an annualized alpha of 1.85%, beta of 0.81, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.
- This fund participated in 93.08% of S&P 500 Index downside but only 87.94% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.48 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.85%
- Beta
- 0.81
- R²
- 0.48
- Upside Capture
- 87.94%
- Downside Capture
- 93.08%
Expense Ratio
BGELX has an expense ratio of 0.76%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BGELX ranks 71 for risk / return — better than 71% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Baillie Gifford Emerging Markets Equities Fund (BGELX) and compare them to S&P 500 Index.
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.
| BGELX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 2.78 | +0.26 |
| Martin ratioReturn relative to average drawdown | 11.76 | 12.44 | -0.68 |
Dividends
Dividend History
Baillie Gifford Emerging Markets Equities Fund provided a 1.45% dividend yield over the last twelve months, with an annual payout of $0.45 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.45 | $0.69 | $0.76 | $0.94 | $0.76 | $0.37 | $0.86 | $1.80 | $0.27 |
Dividend yield | 1.45% | 1.68% | 3.52% | 4.02% | 5.46% | 3.08% | 1.31% | 3.90% | 10.14% | 1.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Baillie Gifford Emerging Markets Equities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.69 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.94 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Baillie Gifford Emerging Markets 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 Emerging Markets Equities Fund was 50.47%, occurring on Oct 24, 2022. Recovery took 800 trading sessions.
The current Baillie Gifford Emerging Markets Equities Fund drawdown is 2.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -50.47%Oct 2022 | 1y 8mo | 3y 2mo | 4y 10moFeb 2021 - Jan 2026 |
COVID crash2020 | -37.35%Mar 2020 | 2mo 2d | 4mo 16d | 6mo 18dJan 2020 - Aug 2020 |
Rate-hike selloffLate 2018 | -26.94%Oct 2018 | 9mo 2d | 1y 2mo | 1y 11moJan 2018 - Jan 2020 |
2026 correction2026 | -14.91%Mar 2026 | 1mo 2d | — | 3mo 27dFeb 2026 - now |
2017 pullback2017 | -7.12%Dec 2017 | 14d | 29d | 1mo 13dNov 2017 - Jan 2018 |
Drawdown Indicators
| BGELX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.47% | -56.78% | +6.31% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -9.10% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -19.74% | -18.90% | -0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -45.82% | -25.43% | -20.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.10% | -1.80% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -18.49% | -10.71% | -7.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 2.03% | +1.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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