BGIA vs. BGEG

Last updated Jul 4, 2026

BGIA (Baillie Gifford International Alpha ETF) and BGEG (Baillie Gifford Emerging Markets ETF) are both exchange-traded funds - BGIA is a Foreign Large Cap Equities fund actively managed by Baillie Gifford, while BGEG is a Emerging Markets Equities fund actively managed by Baillie Gifford. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. BGIA charges 0.59%/yr vs 0.79%/yr for BGEG.

Performance

BGIA vs. BGEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford International Alpha ETF (BGIA) and Baillie Gifford Emerging Markets ETF (BGEG). 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*: —

BGEG

• 1D: -1.66%
• 1M: -6.98%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BGIA vs. BGEG - Yearly Performance Comparison

	2026 (YTD)
BGIA Baillie Gifford International Alpha ETF	-2.53%
BGEG Baillie Gifford Emerging Markets ETF	-7.15%

Correlation

The correlation between BGIA and BGEG 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 (All Time) Calculated using the full available price history since Jun 3, 2026	0.81

Return for Risk

BGIA vs. BGEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford International Alpha ETF (BGIA) and Baillie Gifford Emerging Markets ETF (BGEG). 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. BGEG - Drawdown Comparison

The maximum BGIA drawdown since its inception was -4.88%, smaller than the maximum BGEG drawdown of -8.43%. Use the drawdown chart below to compare losses from any high point for BGIA and BGEG.

Drawdown Indicators

	BGIA	BGEG	Difference
Max Drawdown Largest peak-to-trough decline	-4.88%	-8.43%	+3.55%
Current Drawdown Current decline from peak	-3.23%	-7.15%	+3.92%
Average Drawdown Average peak-to-trough decline	-2.34%	-4.26%	+1.92%

Volatility

Volatility by Period

	BGIA	BGEG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.16%	35.94%	-10.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.16%	35.94%	-10.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.16%	35.94%	-10.78%

BGIA vs. BGEG - Expense Ratio Comparison

BGIA has a 0.59% expense ratio, which is lower than BGEG's 0.79% expense ratio.

Dividends

BGIA vs. BGEG - Dividend Comparison

Neither BGIA nor BGEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BGIA and BGEG in my portfolio?

BGIA and BGEG 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.

Which ETF is better, BGIA or BGEG?

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 BGEG?

BGIA is cheaper with a 0.59% expense ratio, compared with 0.79% for BGEG.

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

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

What is the main difference between BGIA and BGEG?

BGIA is categorized as Foreign Large Cap Equities, while BGEG is Emerging Markets Equities. Their fees differ too: 0.59% for BGIA and 0.79% for BGEG.