IWIRX vs. BBLIX

Last updated Apr 1, 2026

Compare and contrast key facts about Guinness Atkinson Global Innovators Fund (IWIRX) and BBH Select Series - Large Cap Fund (BBLIX).

IWIRX is managed by Guinness Atkinson. It was launched on Dec 15, 1998. BBLIX is managed by BBH. It was launched on Sep 9, 2019.

Performance

IWIRX vs. BBLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guinness Atkinson Global Innovators Fund (IWIRX) and BBH Select Series - Large Cap Fund (BBLIX). The values are adjusted to include any dividend payments, if applicable.

IWIRX vs. BBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IWIRX Guinness Atkinson Global Innovators Fund	-9.16%	19.93%	19.47%	39.36%	-29.72%	4.85%	36.21%	9.25%
BBLIX BBH Select Series - Large Cap Fund	1.58%	12.07%	15.83%	23.86%	-20.59%	27.23%	12.30%	3.63%

Returns By Period

In the year-to-date period, IWIRX achieves a -9.16% return, which is significantly lower than BBLIX's 1.58% return.

IWIRX

• 1D: -0.10%
• 1M: -9.45%
• YTD: -9.16%
• 6M: -6.32%
• 1Y: 12.91%
• 3Y*: 16.17%
• 5Y*: 5.11%
• 10Y*: 11.90%

BBLIX

• 1D: 0.00%
• 1M: 1.58%
• YTD: 1.58%
• 6M: -0.19%
• 1Y: 13.25%
• 3Y*: 15.61%
• 5Y*: 9.96%
• 10Y*: —

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

IWIRX vs. BBLIX - Expense Ratio Comparison

IWIRX has a 1.24% expense ratio, which is higher than BBLIX's 0.70% expense ratio.

IWIRX

Guinness Atkinson Global Innovators Fund

BBLIX

BBH Select Series - Large Cap Fund

Return for Risk

IWIRX vs. BBLIX — Risk / Return Rank

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

IWIRX

IWIRX Risk / Return Rank: 28
IWIRX Sharpe Ratio Rank: 26
IWIRX Sortino Ratio Rank: 28
IWIRX Omega Ratio Rank: 27
IWIRX Calmar Ratio Rank: 29
IWIRX Martin Ratio Rank: 28

BBLIX

BBLIX Risk / Return Rank: 55
BBLIX Sharpe Ratio Rank: 61
BBLIX Sortino Ratio Rank: 68
BBLIX Omega Ratio Rank: 76
BBLIX Calmar Ratio Rank: 34
BBLIX Martin Ratio Rank: 36

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.

IWIRX vs. BBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson Global Innovators Fund (IWIRX) and BBH Select Series - Large Cap Fund (BBLIX). 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.

	IWIRX	BBLIX	Difference
Sharpe ratio Return per unit of total volatility	0.63	1.10	-0.47
Sortino ratio Return per unit of downside risk	1.03	1.69	-0.66
Omega ratio Gain probability vs. loss probability	1.14	1.29	-0.14
Calmar ratio Return relative to maximum drawdown	0.81	0.94	-0.13
Martin ratio Return relative to average drawdown	3.06	3.81	-0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWIRX vs. BBLIX - Sharpe Ratio Comparison

The current IWIRX Sharpe Ratio is 0.63, which is lower than the BBLIX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of IWIRX and BBLIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IWIRX	BBLIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	1.10	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.65	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.58	-0.21

Correlation

The correlation between IWIRX and BBLIX 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.

Dividends

IWIRX vs. BBLIX - Dividend Comparison

IWIRX's dividend yield for the trailing twelve months is around 18.48%, more than BBLIX's 9.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWIRX Guinness Atkinson Global Innovators Fund	18.48%	16.79%	12.54%	3.85%	12.52%	2.58%	2.65%	4.54%	7.63%	2.27%	0.92%	4.77%
BBLIX BBH Select Series - Large Cap Fund	9.39%	9.54%	4.20%	0.28%	1.45%	3.27%	0.34%	0.04%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IWIRX vs. BBLIX - Drawdown Comparison

The maximum IWIRX drawdown since its inception was -70.99%, which is greater than BBLIX's maximum drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for IWIRX and BBLIX.

Drawdown Indicators

	IWIRX	BBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-70.99%	-33.49%	-37.50%
Max Drawdown (1Y) Largest decline over 1 year	-12.55%	-10.22%	-2.33%
Max Drawdown (5Y) Largest decline over 5 years	-44.99%	-28.06%	-16.93%
Max Drawdown (10Y) Largest decline over 10 years	-44.99%	—	—
Current Drawdown Current decline from peak	-12.03%	-1.80%	-10.23%
Average Drawdown Average peak-to-trough decline	-21.44%	-6.48%	-14.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	3.62%	-0.29%

Volatility

IWIRX vs. BBLIX - Volatility Comparison

Guinness Atkinson Global Innovators Fund (IWIRX) has a higher volatility of 4.97% compared to BBH Select Series - Large Cap Fund (BBLIX) at 1.57%. This indicates that IWIRX's price experiences larger fluctuations and is considered to be riskier than BBLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWIRX	BBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	1.57%	+3.40%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	6.08%	+5.76%
Volatility (1Y) Calculated over the trailing 1-year period	20.61%	16.12%	+4.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.36%	16.08%	+8.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.76%	18.80%	+3.96%