BSGLX vs. QQQ
Compare and contrast key facts about Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Invesco QQQ (QQQ).
BSGLX is managed by Baillie Gifford Funds. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSGLX or QQQ.
Correlation
The correlation between BSGLX and QQQ is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BSGLX vs. QQQ - Performance Comparison
Key characteristics
BSGLX:
1.57
QQQ:
1.54
BSGLX:
2.24
QQQ:
2.06
BSGLX:
1.29
QQQ:
1.28
BSGLX:
0.76
QQQ:
2.03
BSGLX:
9.10
QQQ:
7.34
BSGLX:
3.69%
QQQ:
3.75%
BSGLX:
21.45%
QQQ:
17.90%
BSGLX:
-58.76%
QQQ:
-82.98%
BSGLX:
-22.74%
QQQ:
-4.03%
Returns By Period
In the year-to-date period, BSGLX achieves a 32.49% return, which is significantly higher than QQQ's 26.66% return.
BSGLX
32.49%
6.77%
16.38%
32.04%
11.27%
N/A
QQQ
26.66%
3.29%
6.76%
26.84%
20.38%
18.30%
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BSGLX vs. QQQ - Expense Ratio Comparison
BSGLX has a 0.80% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BSGLX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) and Invesco QQQ (QQQ). 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.
Dividends
BSGLX vs. QQQ - Dividend Comparison
BSGLX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSGLX Baillie Gifford Long Term Global Growth Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
BSGLX vs. QQQ - Drawdown Comparison
The maximum BSGLX drawdown since its inception was -58.76%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BSGLX and QQQ. For additional features, visit the drawdowns tool.
Volatility
BSGLX vs. QQQ - Volatility Comparison
Baillie Gifford Long Term Global Growth Fund Class I (BSGLX) has a higher volatility of 8.40% compared to Invesco QQQ (QQQ) at 5.23%. This indicates that BSGLX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.