CWGIX vs. BSGLX

Last updated Jul 17, 2026

CWGIX (American Funds Capital World Growth and Income Fund Class A) and BSGLX (Baillie Gifford Long Term Global Growth Fund Class I) are both mutual funds - CWGIX is a Global Equities fund managed by American Funds, while BSGLX is a Large Cap Growth Equities fund managed by Baillie Gifford Funds. A 0.76 correlation means they provide meaningful diversification when combined. CWGIX charges 0.75%/yr vs 0.80%/yr for BSGLX.

Performance

CWGIX vs. BSGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Capital World Growth and Income Fund Class A (CWGIX) and Baillie Gifford Long Term Global Growth Fund Class I (BSGLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CWGIX

• 1D: 0.47%
• 1M: -0.88%
• 6M: 10.12%
• YTD: 14.41%
• 1Y: 25.95%
• 3Y*: 19.52%
• 5Y*: 11.13%
• 10Y*: 11.71%

BSGLX

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

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

CWGIX vs. BSGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWGIX American Funds Capital World Growth and Income Fund Class A	14.41%	24.68%	13.85%	20.55%	-17.32%	14.74%	15.31%	25.32%	-10.60%	13.60%
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%

Correlation

The correlation between CWGIX and BSGLX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017	0.76

The correlation between CWGIX and BSGLX has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

Return for Risk

CWGIX vs. BSGLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CWGIX

CWGIX Risk / Return Rank: 66
CWGIX Sharpe Ratio Rank: 65
CWGIX Sortino Ratio Rank: 63
CWGIX Omega Ratio Rank: 63
CWGIX Calmar Ratio Rank: 66
CWGIX Martin Ratio Rank: 72

BSGLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CWGIX vs. BSGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Capital World Growth and Income Fund Class A (CWGIX) and Baillie Gifford Long Term Global Growth Fund Class I (BSGLX). 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.

	CWGIX	BSGLX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	—	—
Sortino ratio: Return per unit of downside risk	2.49	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.51	—	—
Martin ratio: Return relative to average drawdown	10.50	—	—

Drawdowns

Drawdown Indicators

	CWGIX	BSGLX	Difference
Max Drawdown Largest peak-to-trough decline	-54.47%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.52%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.56%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.00%	—	—
Current Drawdown Current decline from peak	-1.74%	—	—
Average Drawdown Average peak-to-trough decline	-7.11%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	CWGIX	BSGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.76%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.43%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	—	—

CWGIX vs. BSGLX - Expense Ratio Comparison

CWGIX has a 0.75% expense ratio, which is lower than BSGLX's 0.80% expense ratio.

Dividends

CWGIX vs. BSGLX - Dividend Comparison

CWGIX's dividend yield for the trailing twelve months is around 9.28%, while BSGLX has not paid dividends to shareholders.

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%
CWGIX American Funds Capital World Growth and Income Fund Class A	9.28%	10.54%	7.88%	3.20%	2.09%	6.82%	1.23%	2.44%	7.00%	6.63%	4.96%	3.78%

Frequently Asked Questions

Can I hold both CWGIX and BSGLX in my portfolio?

CWGIX and BSGLX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.