BIGIX vs. LCGFX

Last updated Jun 24, 2026

BIGIX (William Blair International Growth Fund Class I) and LCGFX (William Blair Large Cap Growth Fund) are both mutual funds - BIGIX is a Foreign Large Cap Equities fund actively managed by William Blair, while LCGFX is a Large Cap Growth Equities fund managed by William Blair. Over the past 10 years, BIGIX returned 9.53%/yr vs 16.60%/yr for LCGFX. A 0.64 correlation means they provide meaningful diversification when combined. BIGIX charges 0.90%/yr vs 0.65%/yr for LCGFX.

Performance

BIGIX vs. LCGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in William Blair International Growth Fund Class I (BIGIX) and William Blair Large Cap Growth Fund (LCGFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIGIX achieves a 18.66% return, which is significantly higher than LCGFX's 0.13% return. Over the past 10 years, BIGIX has underperformed LCGFX with an annualized return of 9.53%, while LCGFX has yielded a comparatively higher 16.60% annualized return.

BIGIX

• 1D: 0.75%
• 1M: 5.34%
• YTD: 18.66%
• 6M: 18.96%
• 1Y: 28.55%
• 3Y*: 14.86%
• 5Y*: 3.64%
• 10Y*: 9.53%

LCGFX

• 1D: -1.69%
• 1M: -2.49%
• YTD: 0.13%
• 6M: -0.72%
• 1Y: 10.24%
• 3Y*: 17.31%
• 5Y*: 8.79%
• 10Y*: 16.60%

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

BIGIX vs. LCGFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIGIX William Blair International Growth Fund Class I	18.66%	18.17%	2.38%	15.43%	-28.46%	8.95%	32.01%	30.66%	-17.71%	29.48%
LCGFX William Blair Large Cap Growth Fund	0.13%	11.79%	26.09%	40.48%	-32.48%	28.29%	36.64%	36.44%	5.18%	31.29%

Correlation

The correlation between BIGIX and LCGFX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 28, 1999	0.64

The correlation between BIGIX and LCGFX has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.

Return for Risk

BIGIX vs. LCGFX — Risk / Return Rank

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

BIGIX

BIGIX Risk / Return Rank: 42
BIGIX Sharpe Ratio Rank: 43
BIGIX Sortino Ratio Rank: 39
BIGIX Omega Ratio Rank: 49
BIGIX Calmar Ratio Rank: 38
BIGIX Martin Ratio Rank: 41

LCGFX

LCGFX Risk / Return Rank: 8
LCGFX Sharpe Ratio Rank: 9
LCGFX Sortino Ratio Rank: 9
LCGFX Omega Ratio Rank: 9
LCGFX Calmar Ratio Rank: 6
LCGFX Martin Ratio Rank: 6

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.

BIGIX vs. LCGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for William Blair International Growth Fund Class I (BIGIX) and William Blair Large Cap Growth Fund (LCGFX). 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.

	BIGIX	LCGFX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	0.71	+1.06
Sortino ratio: Return per unit of downside risk	2.42	1.05	+1.37
Omega ratio: Gain probability vs. loss probability	1.35	1.13	+0.22
Calmar ratio: Return relative to maximum drawdown	2.21	0.55	+1.66
Martin ratio: Return relative to average drawdown	8.23	1.53	+6.70

BIGIX vs. LCGFX - Sharpe Ratio Comparison

The current BIGIX Sharpe Ratio is 1.77, which is higher than the LCGFX Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of BIGIX and LCGFX, 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

BIGIX vs. LCGFX - Drawdown Comparison

The maximum BIGIX drawdown since its inception was -65.22%, roughly equal to the maximum LCGFX drawdown of -62.95%. Use the drawdown chart below to compare losses from any high point for BIGIX and LCGFX.

Drawdown Indicators

	BIGIX	LCGFX	Difference
Max Drawdown Largest peak-to-trough decline	-65.22%	-62.95%	-2.27%
Max Drawdown (1Y) Largest decline over 1 year	-13.21%	-20.59%	+7.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.09%	-23.83%	+6.74%
Max Drawdown (5Y) Largest decline over 5 years	-41.03%	-37.25%	-3.78%
Max Drawdown (10Y) Largest decline over 10 years	-41.03%	-37.25%	-3.78%
Current Drawdown Current decline from peak	0.00%	-6.01%	+6.01%
Average Drawdown Average peak-to-trough decline	-17.13%	-21.44%	+4.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	7.42%	-3.89%

Volatility

BIGIX vs. LCGFX - Volatility Comparison

William Blair International Growth Fund Class I (BIGIX) has a higher volatility of 7.59% compared to William Blair Large Cap Growth Fund (LCGFX) at 5.89%. This indicates that BIGIX's price experiences larger fluctuations and is considered to be riskier than LCGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIGIX	LCGFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.59%	5.89%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	14.54%	12.64%	+1.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.55%	16.15%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	21.87%	-4.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.31%	21.35%	-4.04%

BIGIX vs. LCGFX - Expense Ratio Comparison

BIGIX has a 0.90% expense ratio, which is higher than LCGFX's 0.65% expense ratio.

Dividends

BIGIX vs. LCGFX - Dividend Comparison

BIGIX's dividend yield for the trailing twelve months is around 15.55%, more than LCGFX's 8.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIGIX William Blair International Growth Fund Class I	15.55%	18.45%	7.49%	3.52%	7.84%	11.41%	1.11%	1.29%	9.05%	1.54%	1.80%	1.18%
LCGFX William Blair Large Cap Growth Fund	8.55%	8.56%	5.97%	0.00%	0.82%	4.29%	3.83%	6.46%	17.08%	0.56%	1.10%	9.86%

Frequently Asked Questions

Can I hold both BIGIX and LCGFX in my portfolio?

BIGIX and LCGFX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIGIX or LCGFX?

BIGIX has higher volatility (7.59%) compared to LCGFX (5.89%). In terms of maximum drawdown, BIGIX dropped -65.22% vs LCGFX's -62.95%.

Which has better risk-adjusted returns?

BIGIX currently has the higher Sharpe Ratio (1.77 vs 0.71), 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.