BGGSX vs. GTLLX

Last updated Aug 5, 2026

BGGSX (Baillie Gifford U.S. Equity Growth Fund) and GTLLX (Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio) are both Large Cap Growth Equities funds. Over the past 5 years, BGGSX returned -5.95%/yr vs 13.54%/yr for GTLLX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. BGGSX charges 0.75%/yr vs 0.85%/yr for GTLLX.

Performance

BGGSX vs. GTLLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford U.S. Equity Growth Fund (BGGSX) and Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BGGSX achieves a -3.77% return, which is significantly lower than GTLLX's 23.25% return.

BGGSX

• 1D: 2.67%
• 1M: -1.61%
• 6M: 4.20%
• YTD: -3.77%
• 1Y: -9.16%
• 3Y*: 14.49%
• 5Y*: -5.95%
• 10Y*: —
• ALL TIME*: 13.20%

GTLLX

• 1D: 1.38%
• 1M: 1.32%
• 6M: 24.16%
• YTD: 23.25%
• 1Y: 32.93%
• 3Y*: 24.39%
• 5Y*: 13.54%
• 10Y*: 16.31%
• ALL TIME*: 12.54%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BGGSX Baillie Gifford U.S. Equity Growth Fund	$0.00	$0.00	$0.00
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	$0.00	$0.00	$0.00

BGGSX vs. GTLLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGGSX Baillie Gifford U.S. Equity Growth Fund	-3.77%	10.25%	30.44%	45.93%	-52.50%	-11.13%	125.42%	30.00%	8.31%	16.54%
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	23.25%	17.44%	20.71%	27.10%	-21.69%	32.91%	18.80%	34.86%	-5.23%	16.69%

Correlation

The correlation between BGGSX and GTLLX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.76

The correlation between BGGSX and GTLLX has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.

Return for Risk

BGGSX vs. GTLLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BGGSX

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

GTLLX

GTLLX Risk / Return Rank: 79
GTLLX Sharpe Ratio Rank: 79
GTLLX Sortino Ratio Rank: 74
GTLLX Omega Ratio Rank: 66
GTLLX Calmar Ratio Rank: 88
GTLLX Martin Ratio Rank: 89

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BGGSX vs. GTLLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford U.S. Equity Growth Fund (BGGSX) and Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX). 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	GTLLX	Difference
Sharpe ratio: Return per unit of total volatility	-0.29	1.93	-2.22
Sortino ratio: Return per unit of downside risk	-0.25	2.64	-2.89
Omega ratio: Gain probability vs. loss probability	0.97	1.32	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.26	3.37	-3.63
Martin ratio: Return relative to average drawdown	-0.50	12.50	-13.00

BGGSX vs. GTLLX - Sharpe Ratio Comparison

The current BGGSX Sharpe Ratio is -0.29, which is lower than the GTLLX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of BGGSX and GTLLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BGGSX vs. GTLLX - Drawdown Comparison

The maximum BGGSX drawdown since its inception was -68.76%, which is greater than GTLLX's maximum drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for BGGSX and GTLLX.

Drawdown Indicators

	BGGSX	GTLLX	Difference
Max Drawdown Largest peak-to-trough decline	-68.76%	-54.32%	-14.44%
Max Drawdown (1Y) Largest decline over 1 year	-26.08%	-10.76%	-15.32%
Max Drawdown (3Y) Largest decline over 3 years	-30.87%	-41.54%	+10.67%
Max Drawdown (5Y) Largest decline over 5 years	-67.64%	-41.54%	-26.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.54%	—
Current Drawdown Current decline from peak	-29.66%	-1.49%	-28.17%
Average Drawdown Average peak-to-trough decline	-25.26%	-8.54%	-16.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.18%	2.89%	+10.29%

Volatility

BGGSX vs. GTLLX - Volatility Comparison

Baillie Gifford U.S. Equity Growth Fund (BGGSX) has a higher volatility of 6.25% compared to Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) at 5.12%. This indicates that BGGSX's price experiences larger fluctuations and is considered to be riskier than GTLLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BGGSX	GTLLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	5.12%	+1.13%
Volatility (6M) Calculated over the trailing 6-month period	18.05%	15.31%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	22.94%	18.83%	+4.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.28%	29.24%	+6.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.06%	25.11%	+6.95%

BGGSX vs. GTLLX - Expense Ratio Comparison

BGGSX has a 0.75% expense ratio, which is lower than GTLLX's 0.85% expense ratio.

Dividends

BGGSX vs. GTLLX - Dividend Comparison

BGGSX has not paid dividends to shareholders, while GTLLX's dividend yield for the trailing twelve months is around 12.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	12.44%	15.33%	40.42%	4.91%	7.93%	20.20%	15.12%	14.10%	16.97%	2.29%	0.58%	0.61%

Frequently Asked Questions

Can I hold both BGGSX and GTLLX in my portfolio?

BGGSX and GTLLX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BGGSX or GTLLX?

BGGSX has higher volatility (6.25%) compared to GTLLX (5.12%). In terms of maximum drawdown, BGGSX dropped -68.76% vs GTLLX's -54.32%.

Which has better risk-adjusted returns?

GTLLX currently has the higher Sharpe Ratio (1.93 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.