BGGSX vs. BSGLX

Last updated Jul 16, 2026

BGGSX (Baillie Gifford U.S. Equity Growth Fund) and BSGLX (Baillie Gifford Long Term Global Growth Fund Class I) are both Large Cap Growth Equities funds from Baillie Gifford Funds. Their correlation of 0.89 suggests significant overlap in exposure. BGGSX charges 0.75%/yr vs 0.80%/yr for BSGLX.

Performance

BGGSX vs. BSGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford U.S. Equity Growth Fund (BGGSX) and Baillie Gifford Long Term Global Growth Fund Class I (BSGLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGGSX

• 1D: 0.35%
• 1M: 4.39%
• 6M: -1.48%
• YTD: -2.13%
• 1Y: -3.12%
• 3Y*: 13.39%
• 5Y*: -4.49%
• 10Y*: —

BSGLX

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

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

BGGSX vs. BSGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGGSX Baillie Gifford U.S. Equity Growth Fund	-2.13%	10.25%	30.44%	45.93%	-52.50%	-11.13%	125.42%	30.00%	8.31%	16.54%
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	-11.43%	16.26%	24.92%	36.43%	-46.11%	2.37%	101.90%	33.40%	-1.42%	24.21%

Correlation

The correlation between BGGSX and BSGLX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.89

The correlation between BGGSX and BSGLX has been stable across timeframes, ranging from 0.81 to 0.91 - a consistent structural relationship.

Return for Risk

BGGSX vs. BSGLX — Risk / Return Rank

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

BGGSX

BGGSX Risk / Return Rank: 3
BGGSX Sharpe Ratio Rank: 2
BGGSX Sortino Ratio Rank: 3
BGGSX Omega Ratio Rank: 3
BGGSX Calmar Ratio Rank: 3
BGGSX Martin Ratio Rank: 3

BSGLX

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

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.

BGGSX vs. BSGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford U.S. Equity Growth Fund (BGGSX) and Baillie Gifford Long Term Global Growth Fund Class I (BSGLX). 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.

	BGGSX	BSGLX	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	—	—
Sortino ratio: Return per unit of downside risk	-0.05	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.12	—	—
Martin ratio: Return relative to average drawdown	-0.25	—	—

Drawdowns

Drawdown Indicators

	BGGSX	BSGLX	Difference
Max Drawdown Largest peak-to-trough decline	-68.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-26.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.71%	—	—
Current Drawdown Current decline from peak	-28.46%	—	—
Average Drawdown Average peak-to-trough decline	-25.22%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	12.76%	—	—

Volatility

Volatility by Period

	BGGSX	BSGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.10%	—	—

BGGSX vs. BSGLX - Expense Ratio Comparison

BGGSX has a 0.75% expense ratio, which is lower than BSGLX's 0.80% expense ratio.

Dividends

BGGSX vs. BSGLX - Dividend Comparison

Neither BGGSX nor BSGLX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BGGSX Baillie Gifford U.S. Equity Growth Fund	0.00%	0.00%	0.00%	0.00%	16.38%	2.61%	3.29%	1.35%	2.02%
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	0.00%	0.00%	0.00%	0.00%	3.85%	5.17%	8.40%	0.15%	10.07%

Frequently Asked Questions

Can I hold both BGGSX and BSGLX in my portfolio?

BGGSX and BSGLX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.