BGIA vs. BGCG

Last updated Jul 4, 2026

BGIA (Baillie Gifford International Alpha ETF) and BGCG (Baillie Gifford International Concentrated Growth 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. BGIA charges 0.59%/yr vs 0.72%/yr for BGCG.

Performance

BGIA vs. BGCG - Performance Comparison

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

Returns By Period

BGIA

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

BGCG

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

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

BGIA vs. BGCG - Yearly Performance Comparison

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

Correlation

The correlation between BGIA and BGCG 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

BGIA vs. BGCG - Risk-Adjusted Trends Comparison

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

BGIA vs. BGCG - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

BGIA vs. BGCG - Expense Ratio Comparison

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

Dividends

BGIA vs. BGCG - Dividend Comparison

Neither BGIA nor BGCG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BGIA and BGCG in my portfolio?

BGIA and BGCG 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, BGIA or BGCG?

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, BGIA or BGCG?

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

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

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

What is the main difference between BGIA and BGCG?

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