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.
Key characteristics
| BSGLX | QQQ | |
|---|---|---|
| YTD Return | 9.46% | 6.48% |
| 1Y Return | 33.24% | 38.66% |
| 3Y Return (Ann) | -6.53% | 10.38% |
| 5Y Return (Ann) | 12.62% | 18.72% |
| Sharpe Ratio | 1.59 | 2.33 |
| Daily Std Dev | 21.72% | 16.36% |
| Max Drawdown | -56.63% | -82.98% |
| Current Drawdown | -30.27% | -2.44% |
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
In the year-to-date period, BSGLX achieves a 9.46% return, which is significantly higher than QQQ's 6.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 0.61%.
| 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% | 3.85% | 5.17% | 8.40% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
BSGLX vs. QQQ - Drawdown Comparison
The maximum BSGLX drawdown since its inception was -56.63%, 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 7.50% compared to Invesco QQQ (QQQ) at 5.81%. 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.