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:
1.55
QQQ:
1.58
BSGLX:
2.18
QQQ:
2.13
BSGLX:
1.28
QQQ:
1.28
BSGLX:
0.79
QQQ:
2.13
BSGLX:
8.60
QQQ:
7.44
BSGLX:
3.94%
QQQ:
3.88%
BSGLX:
21.86%
QQQ:
18.24%
BSGLX:
-58.76%
QQQ:
-82.98%
BSGLX:
-24.39%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, BSGLX achieves a 3.78% return, which is significantly higher than QQQ's 2.06% return.
BSGLX
3.78%
1.36%
14.04%
30.99%
9.41%
N/A
QQQ
2.06%
0.76%
8.50%
24.61%
19.28%
18.47%
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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 0.55%.
| 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 | 0.55% | 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) has a higher volatility of 7.30% compared to Invesco QQQ (QQQ) at 6.45%. 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.