ATS.L vs. BGUK.L

Last updated Jun 5, 2026

ATS.L (Artemis Alpha Trust) and BGUK.L (Baillie Gifford UK Growth Fund plc) are both stocks. Both operate in the Collective Investments industry within the Financial Services sector. At a 0.21 correlation, their price movements are largely independent.

Performance

ATS.L vs. BGUK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Artemis Alpha Trust (ATS.L) and Baillie Gifford UK Growth Fund plc (BGUK.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATS.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BGUK.L

• 1D: 0.00%
• 1M: -0.47%
• YTD: 2.94%
• 6M: 2.44%
• 1Y: 9.91%
• 3Y*: 10.76%
• 5Y*: -0.44%
• 10Y*: 5.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ATS.L vs. BGUK.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATS.L Artemis Alpha Trust	0.00%	0.00%	13.19%	8.48%	-23.43%	1.79%	14.53%	32.59%	-12.99%	20.82%
BGUK.L Baillie Gifford UK Growth Fund plc	2.94%	17.54%	11.15%	2.25%	-29.88%	8.18%	12.73%	28.68%	-5.18%	9.73%

Correlation

The correlation between ATS.L and BGUK.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 10, 2000	0.21

Fundamentals

Total Revenue (TTM) ATS.L : £22.97M BGUK.L : £23.80M
Gross Profit (TTM) ATS.L : £21.42M BGUK.L : £24.70M
EBITDA (TTM) ATS.L : £25.14M BGUK.L : -£21.08M

Return for Risk

ATS.L vs. BGUK.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BGUK.L

BGUK.L Risk / Return Rank: 59
BGUK.L Sharpe Ratio Rank: 63
BGUK.L Sortino Ratio Rank: 56
BGUK.L Omega Ratio Rank: 54
BGUK.L Calmar Ratio Rank: 58
BGUK.L Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATS.L vs. BGUK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artemis Alpha Trust (ATS.L) and Baillie Gifford UK Growth Fund plc (BGUK.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ATS.L	BGUK.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.67	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.24	—

Drawdowns

Drawdown Indicators

	ATS.L	BGUK.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-60.77%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-43.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.69%	—
Current Drawdown Current decline from peak	—	-8.49%	—
Average Drawdown Average peak-to-trough decline	—	-17.03%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.83%	—

Volatility

Volatility by Period

	ATS.L	BGUK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.77%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.94%	—

Dividends

ATS.L vs. BGUK.L - Dividend Comparison

ATS.L has not paid dividends to shareholders, while BGUK.L's dividend yield for the trailing twelve months is around 2.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATS.L Artemis Alpha Trust	0.00%	0.00%	2.17%	0.01%	0.02%	0.01%	0.55%	0.02%	0.02%	0.03%	0.01%	1.09%
BGUK.L Baillie Gifford UK Growth Fund plc	2.71%	2.79%	3.14%	2.17%	2.36%	1.00%	1.37%	2.18%	3.69%	3.05%	3.12%	3.85%

Financials

Frequently Asked Questions

Can I hold both ATS.L and BGUK.L in my portfolio?

ATS.L and BGUK.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.