BSGLX vs. QQQX

Last updated Aug 4, 2026

BSGLX (Baillie Gifford Long Term Global Growth Fund Class I) and QQQX (Nuveen Nasdaq 100 Dynamic Overwrite Fund) are both mutual funds - BSGLX is a Large Cap Growth Equities fund managed by Baillie Gifford, while QQQX is a Derivative Income fund actively managed by Nuveen. Their 0.69 correlation means they have sometimes moved together and sometimes differently. BSGLX charges 0.80%/yr vs 0.89%/yr for QQQX.

Performance

BSGLX vs. QQQX - 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 Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSGLX

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

QQQX

• 1D: 1.86%
• 1M: -0.07%
• 6M: 11.46%
• YTD: 10.40%
• 1Y: 24.55%
• 3Y*: 17.08%
• 5Y*: 8.64%
• 10Y*: 12.83%
• ALL TIME*: 10.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund	$2.40M	$3.62M	$3.35M

BSGLX vs. QQQX - 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%
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund	10.40%	14.87%	25.61%	21.68%	-27.39%	25.32%	15.75%	28.83%	-11.68%	18.23%

Correlation

The correlation between BSGLX and QQQX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.69

The correlation between BSGLX and QQQX shifts across timeframes, from 0.57 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BSGLX vs. QQQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

QQQX

QQQX Risk / Return Rank: 63
QQQX Sharpe Ratio Rank: 55
QQQX Sortino Ratio Rank: 56
QQQX Omega Ratio Rank: 53
QQQX Calmar Ratio Rank: 79
QQQX Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BSGLX vs. QQQX - 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 Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). 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	QQQX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.51	—
Sortino ratio: Return per unit of downside risk	—	2.19	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.71	—
Martin ratio: Return relative to average drawdown	—	9.56	—

Drawdowns

Drawdown Indicators

	BSGLX	QQQX	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.25%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.33%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.96%	—
Current Drawdown Current decline from peak	—	-3.01%	—
Average Drawdown Average peak-to-trough decline	—	-7.98%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	BSGLX	QQQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.37%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.14%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.19%	—

BSGLX vs. QQQX - Expense Ratio Comparison

BSGLX has a 0.80% expense ratio, which is lower than QQQX's 0.89% expense ratio.

Dividends

BSGLX vs. QQQX - Dividend Comparison

BSGLX has not paid dividends to shareholders, while QQQX's dividend yield for the trailing twelve months is around 8.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund	8.23%	7.85%	6.73%	7.26%	9.66%	5.85%	6.00%	6.49%	8.40%	5.95%	7.54%	7.23%

Frequently Asked Questions

Can I hold both BSGLX and QQQX in my portfolio?

BSGLX and QQQX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.