BGLTX vs. GCCHX

Last updated Jul 17, 2026

BGLTX (Baillie Gifford Long Term Global Growth Fund) and GCCHX (GMO Climate Change Fund) are both Global Equities funds. A 0.57 correlation means they provide meaningful diversification when combined. BGLTX charges 0.73%/yr vs 0.77%/yr for GCCHX.

Performance

BGLTX vs. GCCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford Long Term Global Growth Fund (BGLTX) and GMO Climate Change Fund (GCCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BGLTX

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

GCCHX

• 1D: 0.14%
• 1M: -5.68%
• 6M: 6.18%
• YTD: 13.71%
• 1Y: 44.02%
• 3Y*: 0.11%
• 5Y*: 2.30%
• 10Y*: —

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

BGLTX vs. GCCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGLTX Baillie Gifford Long Term Global Growth Fund	-11.38%	16.38%	25.03%	36.61%	-46.09%	2.47%	102.05%	33.53%	-1.37%	30.50%
GCCHX GMO Climate Change Fund	13.71%	39.25%	-25.63%	-6.85%	-10.39%	21.84%	42.82%	27.36%	-16.35%	26.15%

Correlation

The correlation between BGLTX and GCCHX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Apr 18, 2017	0.57

The correlation between BGLTX and GCCHX has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.

Return for Risk

BGLTX vs. GCCHX — Risk / Return Rank

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

BGLTX

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

GCCHX

GCCHX Risk / Return Rank: 61
GCCHX Sharpe Ratio Rank: 62
GCCHX Sortino Ratio Rank: 54
GCCHX Omega Ratio Rank: 49
GCCHX Calmar Ratio Rank: 84
GCCHX Martin Ratio Rank: 54

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.

BGLTX vs. GCCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Long Term Global Growth Fund (BGLTX) and GMO Climate Change Fund (GCCHX). 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.

	BGLTX	GCCHX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.78	—
Sortino ratio: Return per unit of downside risk	—	2.38	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.23	—
Martin ratio: Return relative to average drawdown	—	8.80	—

Drawdowns

Drawdown Indicators

	BGLTX	GCCHX	Difference
Max Drawdown Largest peak-to-trough decline	—	-54.32%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-52.03%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-54.32%	—
Current Drawdown Current decline from peak	—	-11.74%	—
Average Drawdown Average peak-to-trough decline	—	-13.85%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.81%	—

Volatility

Volatility by Period

	BGLTX	GCCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	23.81%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.24%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.20%	—

BGLTX vs. GCCHX - Expense Ratio Comparison

BGLTX has a 0.73% expense ratio, which is lower than GCCHX's 0.77% expense ratio.

Dividends

BGLTX vs. GCCHX - Dividend Comparison

BGLTX has not paid dividends to shareholders, while GCCHX's dividend yield for the trailing twelve months is around 2.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BGLTX Baillie Gifford Long Term Global Growth Fund	0.00%	0.00%	0.00%	0.00%	3.84%	5.15%	8.39%	0.15%	10.07%	0.00%
GCCHX GMO Climate Change Fund	2.06%	1.51%	0.66%	0.96%	2.24%	25.43%	5.42%	4.03%	2.62%	3.43%

Frequently Asked Questions

Can I hold both BGLTX and GCCHX in my portfolio?

BGLTX and GCCHX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.