BCANX vs. SPY
Compare and contrast key facts about Baillie Gifford China A Shares Fund (BCANX) and SPDR S&P 500 ETF (SPY).
BCANX is managed by Baillie Gifford Funds. It was launched on Dec 18, 2019. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCANX or SPY.
Key characteristics
| BCANX | SPY | |
|---|---|---|
| YTD Return | -13.92% | 5.46% |
| 1Y Return | -32.94% | 22.99% |
| 3Y Return (Ann) | -22.61% | 7.85% |
| Sharpe Ratio | -1.65 | 1.97 |
| Daily Std Dev | 21.21% | 11.75% |
| Max Drawdown | -64.94% | -55.19% |
| Current Drawdown | -61.99% | -4.48% |
Correlation
The correlation between BCANX and SPY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BCANX vs. SPY - Performance Comparison
In the year-to-date period, BCANX achieves a -13.92% return, which is significantly lower than SPY's 5.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BCANX vs. SPY - Expense Ratio Comparison
BCANX has a 0.87% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BCANX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford China A Shares Fund (BCANX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BCANX vs. SPY - Dividend Comparison
BCANX's dividend yield for the trailing twelve months is around 0.03%, less than SPY's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCANX Baillie Gifford China A Shares Fund | 0.03% | 0.03% | 2.82% | 11.35% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.35% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BCANX vs. SPY - Drawdown Comparison
The maximum BCANX drawdown since its inception was -64.94%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BCANX and SPY. For additional features, visit the drawdowns tool.
Volatility
BCANX vs. SPY - Volatility Comparison
Baillie Gifford China A Shares Fund (BCANX) has a higher volatility of 6.25% compared to SPDR S&P 500 ETF (SPY) at 3.26%. This indicates that BCANX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.