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:
0.20
QQQ:
0.15
BSGLX:
0.48
QQQ:
0.38
BSGLX:
1.06
QQQ:
1.05
BSGLX:
0.14
QQQ:
0.16
BSGLX:
0.75
QQQ:
0.58
BSGLX:
7.44%
QQQ:
6.25%
BSGLX:
27.93%
QQQ:
24.88%
BSGLX:
-58.76%
QQQ:
-82.98%
BSGLX:
-34.49%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, BSGLX achieves a -10.08% return, which is significantly higher than QQQ's -13.00% return.
BSGLX
-10.08%
-9.67%
-6.57%
7.49%
5.52%
N/A
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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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 Rank
BSGLX
QQQ
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 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
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) and Invesco QQQ (QQQ) have volatilities of 15.91% and 16.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.