BSGLX vs. BGGSX

Last updated Jul 18, 2026

BSGLX (Baillie Gifford Long Term Global Growth Fund Class I) and BGGSX (Baillie Gifford U.S. Equity Growth Fund) are both Large Cap Growth Equities funds from Baillie Gifford Funds. Their correlation of 0.89 suggests significant overlap in exposure. BSGLX charges 0.80%/yr vs 0.75%/yr for BGGSX.

Performance

BSGLX vs. BGGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Baillie Gifford U.S. Equity Growth Fund (BGGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSGLX

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

BGGSX

• 1D: -1.15%
• 1M: 6.25%
• 6M: -2.20%
• YTD: -2.61%
• 1Y: -5.30%
• 3Y*: 12.46%
• 5Y*: -4.59%
• 10Y*: —

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

BSGLX vs. BGGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	-11.43%	16.26%	24.92%	36.43%	-46.11%	2.37%	101.90%	33.40%	-1.42%	24.21%
BGGSX Baillie Gifford U.S. Equity Growth Fund	-2.61%	10.25%	30.44%	45.93%	-52.50%	-11.13%	125.42%	30.00%	8.31%	16.54%

Correlation

The correlation between BSGLX and BGGSX 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 (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.89

The correlation between BSGLX and BGGSX has been stable across timeframes, ranging from 0.81 to 0.91 - a consistent structural relationship.

Return for Risk

BSGLX vs. BGGSX — Risk / Return Rank

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

BSGLX

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

BGGSX

BGGSX Risk / Return Rank: 2
BGGSX Sharpe Ratio Rank: 2
BGGSX Sortino Ratio Rank: 2
BGGSX Omega Ratio Rank: 2
BGGSX Calmar Ratio Rank: 2
BGGSX Martin Ratio Rank: 2

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.

BSGLX vs. BGGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Baillie Gifford U.S. Equity Growth Fund (BGGSX). 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.

	BSGLX	BGGSX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.19	—
Sortino ratio: Return per unit of downside risk	—	-0.11	—
Omega ratio: Gain probability vs. loss probability	—	0.99	—
Calmar ratio: Return relative to maximum drawdown	—	-0.16	—
Martin ratio: Return relative to average drawdown	—	-0.34	—

Drawdowns

Drawdown Indicators

	BSGLX	BGGSX	Difference
Max Drawdown Largest peak-to-trough decline	—	-68.76%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-26.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.71%	—
Current Drawdown Current decline from peak	—	-28.81%	—
Average Drawdown Average peak-to-trough decline	—	-25.23%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.79%	—

Volatility

Volatility by Period

	BSGLX	BGGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.27%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	32.09%	—

BSGLX vs. BGGSX - Expense Ratio Comparison

BSGLX has a 0.80% expense ratio, which is higher than BGGSX's 0.75% expense ratio.

Dividends

BSGLX vs. BGGSX - Dividend Comparison

Neither BSGLX nor BGGSX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BGGSX Baillie Gifford U.S. Equity Growth Fund	0.00%	0.00%	0.00%	0.00%	16.38%	2.61%	3.29%	1.35%	2.02%
BSGLX Baillie Gifford Long Term Global Growth Fund Class I	0.00%	0.00%	0.00%	0.00%	3.85%	5.17%	8.40%	0.15%	10.07%

Frequently Asked Questions

Can I hold both BSGLX and BGGSX in my portfolio?

BSGLX and BGGSX 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.