BGCG vs. BGIA

Last updated Jul 4, 2026

BGCG (Baillie Gifford International Concentrated Growth ETF) and BGIA (Baillie Gifford International Alpha ETF) are both Foreign Large Cap Equities funds from Baillie Gifford. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. BGCG charges 0.72%/yr vs 0.59%/yr for BGIA.

Performance

BGCG vs. BGIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford International Concentrated Growth ETF (BGCG) and Baillie Gifford International Alpha ETF (BGIA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGCG

• 1D: 0.30%
• 1M: 2.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BGIA

• 1D: 0.21%
• 1M: -1.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BGCG vs. BGIA - Yearly Performance Comparison

	2026 (YTD)
BGCG Baillie Gifford International Concentrated Growth ETF	-0.34%
BGIA Baillie Gifford International Alpha ETF	-2.53%

Correlation

The correlation between BGCG and BGIA is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.75

Return for Risk

BGCG vs. BGIA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford International Concentrated Growth ETF (BGCG) and Baillie Gifford International Alpha ETF (BGIA). 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.

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.

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

Drawdowns

BGCG vs. BGIA - Drawdown Comparison

The maximum BGCG drawdown since its inception was -5.68%, which is greater than BGIA's maximum drawdown of -4.88%. Use the drawdown chart below to compare losses from any high point for BGCG and BGIA.

Drawdown Indicators

	BGCG	BGIA	Difference
Max Drawdown Largest peak-to-trough decline	-5.68%	-4.88%	-0.80%
Current Drawdown Current decline from peak	-0.34%	-3.23%	+2.89%
Average Drawdown Average peak-to-trough decline	-2.43%	-2.34%	-0.09%

Volatility

Volatility by Period

	BGCG	BGIA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.54%	25.16%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.54%	25.16%	+2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.54%	25.16%	+2.38%

BGCG vs. BGIA - Expense Ratio Comparison

BGCG has a 0.72% expense ratio, which is higher than BGIA's 0.59% expense ratio.

Dividends

BGCG vs. BGIA - Dividend Comparison

Neither BGCG nor BGIA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BGCG and BGIA in my portfolio?

BGCG and BGIA have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BGCG or BGIA?

On fees, BGIA is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BGCG or BGIA?

BGIA is cheaper with a 0.59% expense ratio, compared with 0.72% for BGCG.

Which ETF pays a higher dividend yield, BGCG or BGIA?

BGCG and BGIA have nearly identical dividend yields, around 0.00%.

What is the main difference between BGCG and BGIA?

Their fees differ too: 0.72% for BGCG and 0.59% for BGIA.