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BGGSX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BGGSXSPY
YTD Return5.23%7.90%
1Y Return39.14%28.03%
3Y Return (Ann)-13.48%8.75%
5Y Return (Ann)8.98%13.52%
Sharpe Ratio1.672.33
Daily Std Dev25.82%11.63%
Max Drawdown-66.38%-55.19%
Current Drawdown-46.25%-2.27%

Correlation

-0.50.00.51.00.7

The correlation between BGGSX and SPY is 0.72, 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.

Performance

BGGSX vs. SPY - Performance Comparison

In the year-to-date period, BGGSX achieves a 5.23% return, which is significantly lower than SPY's 7.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


90.00%100.00%110.00%120.00%130.00%140.00%150.00%December2024FebruaryMarchAprilMay
133.63%
141.17%
BGGSX
SPY

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Baillie Gifford U.S. Equity Growth Fund

SPDR S&P 500 ETF

BGGSX vs. SPY - Expense Ratio Comparison

BGGSX has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.


BGGSX
Baillie Gifford U.S. Equity Growth Fund
Expense ratio chart for BGGSX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

BGGSX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford U.S. Equity Growth Fund (BGGSX) 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.


BGGSX
Sharpe ratio
The chart of Sharpe ratio for BGGSX, currently valued at 1.67, compared to the broader market-1.000.001.002.003.004.001.67
Sortino ratio
The chart of Sortino ratio for BGGSX, currently valued at 2.28, compared to the broader market-2.000.002.004.006.008.0010.002.28
Omega ratio
The chart of Omega ratio for BGGSX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.28
Calmar ratio
The chart of Calmar ratio for BGGSX, currently valued at 0.70, compared to the broader market0.002.004.006.008.0010.0012.000.70
Martin ratio
The chart of Martin ratio for BGGSX, currently valued at 5.06, compared to the broader market0.0020.0040.0060.005.06
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.33, compared to the broader market-1.000.001.002.003.004.002.33
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.33, compared to the broader market-2.000.002.004.006.008.0010.003.33
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.41
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.01, compared to the broader market0.002.004.006.008.0010.0012.002.01
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.38, compared to the broader market0.0020.0040.0060.009.38

BGGSX vs. SPY - Sharpe Ratio Comparison

The current BGGSX Sharpe Ratio is 1.67, which roughly equals the SPY Sharpe Ratio of 2.33. The chart below compares the 12-month rolling Sharpe Ratio of BGGSX and SPY.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
1.67
2.33
BGGSX
SPY

Dividends

BGGSX vs. SPY - Dividend Comparison

BGGSX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.


TTM20232022202120202019201820172016201520142013
BGGSX
Baillie Gifford U.S. Equity Growth Fund
0.00%0.00%9.90%10.34%3.29%1.35%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.31%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

BGGSX vs. SPY - Drawdown Comparison

The maximum BGGSX drawdown since its inception was -66.38%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BGGSX and SPY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-46.25%
-2.27%
BGGSX
SPY

Volatility

BGGSX vs. SPY - Volatility Comparison

Baillie Gifford U.S. Equity Growth Fund (BGGSX) has a higher volatility of 7.91% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that BGGSX'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.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchAprilMay
7.91%
4.08%
BGGSX
SPY