BGCWX vs. BTLSX

Last updated Apr 1, 2026

Compare and contrast key facts about Baillie Gifford EAFE Plus All Cap Fund (BGCWX) and Baillie Gifford International Concentrated Growth Equities Fund (BTLSX).

BGCWX is managed by Baillie Gifford Funds. It was launched on Dec 16, 2009. BTLSX is managed by Baillie Gifford Funds. It was launched on Dec 13, 2017.

Performance

BGCWX vs. BTLSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford EAFE Plus All Cap Fund (BGCWX) and Baillie Gifford International Concentrated Growth Equities Fund (BTLSX). The values are adjusted to include any dividend payments, if applicable.

BGCWX vs. BTLSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGCWX Baillie Gifford EAFE Plus All Cap Fund	1.62%	-60.54%	0.75%	10.10%	-30.90%	3.33%	28.74%	31.79%	-16.37%	1.06%
BTLSX Baillie Gifford International Concentrated Growth Equities Fund	-14.09%	16.56%	18.34%	14.75%	-39.64%	0.71%	-3.72%	45.32%	-13.23%	-0.69%

Returns By Period

BGCWX

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

BTLSX

• 1D: -0.26%
• 1M: -10.85%
• YTD: -14.09%
• 6M: -19.92%
• 1Y: -2.20%
• 3Y*: 5.38%
• 5Y*: -3.29%
• 10Y*: —

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

BGCWX vs. BTLSX - Expense Ratio Comparison

BGCWX has a 0.64% expense ratio, which is lower than BTLSX's 0.81% expense ratio.

BTLSX

Baillie Gifford International Concentrated Growth Equities Fund

BGCWX

Baillie Gifford EAFE Plus All Cap Fund

Return for Risk

BGCWX vs. BTLSX — Risk / Return Rank

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

BTLSX

BTLSX Risk / Return Rank: 3
BTLSX Sharpe Ratio Rank: 3
BTLSX Sortino Ratio Rank: 3
BTLSX Omega Ratio Rank: 3
BTLSX Calmar Ratio Rank: 3
BTLSX Martin Ratio Rank: 3

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.

BGCWX vs. BTLSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford EAFE Plus All Cap Fund (BGCWX) and Baillie Gifford International Concentrated Growth Equities Fund (BTLSX). 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

	BGCWX	BTLSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.00	—

Correlation

The correlation between BGCWX and BTLSX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BGCWX vs. BTLSX - Dividend Comparison

Neither BGCWX nor BTLSX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGCWX Baillie Gifford EAFE Plus All Cap Fund	0.00%	0.00%	5.68%	0.00%	2.99%	9.61%	1.70%	3.72%	2.43%	1.55%
BTLSX Baillie Gifford International Concentrated Growth Equities Fund	0.00%	0.00%	0.00%	0.00%	6.18%	25.27%	0.00%	0.17%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	BGCWX	BTLSX	Difference
Max Drawdown Largest peak-to-trough decline	—	-74.77%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-21.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-55.86%	—
Current Drawdown Current decline from peak	—	-59.34%	—
Average Drawdown Average peak-to-trough decline	—	-39.83%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.36%	—

Volatility

Volatility by Period

	BGCWX	BTLSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.20%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.47%	—