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BGCG vs MTRA

BAILLIE GIFFORD INTERNATIONAL CONCENTRATED GROWTH ETF

BGCGDNasdaq

Invesco International Growth Focus ETF

MTRABCboe

Overlap

Expense ratio

MTRA −0.18pt a year

BGCG0.72%MTRA0.54%

Avg volume · 30D

BGCG 1.9×the volume

BGCG14.8KMTRA7.93K

BGCG vs MTRA Performance

Jul 31, 2026 – Oct 30, 2026

−1.8%BGCG−5.0%MTRA

Jul 31, 2026 to Oct 30, 2026. BGCG −1.8%. MTRA −5.0%. Use the arrow keys to read each point.0%2.5%5%7.5%Jul 2026Sep 2026Oct 2026
Expense ratio
BGCG 0.72%
MTRA 0.54%, better
Fund size
BGCG $101M
MTRA $127M
1Y total return
BGCG No data
MTRA −4.2%
Holdings
BGCG 30
MTRA 55
Avg volume (30D)
BGCG 14.8K sh, better
MTRA 7.93K sh
NAV per share
BGCG $26.49
MTRA $25.23
52W range

ETF.net Grade

BGCG: Cost 1, Risk 63, Mission not scored, Tradability 57, Holdings 21, Durability 39. MTRA: Cost 76, Risk 31, Mission not scored, Tradability 52, Holdings 39, Durability 70.
Pillar letters and Scores for BGCG, MTRA, with each pillar’s weight
PillarBGCGMTRA
Cost30% weightF1A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherD31
Tradability15% weightB57HigherC52
Holdings10% weightF21D39Higher
Durability5% weightD39A70Higher

Rank among International Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BGCG and MTRA are both graded against the same 14 International Active Growth funds, so their Grades compare head to head.

International Active Growth⁠

Category · 14 funds
See all 14 ›

MTRA ranks 4th and BGCG 13th of 14 funds in the International Active Growth Category.

  1. Rank 1BCGXUCapital Group International Focus Equity ETFScore 66
  2. Rank 2BFFGXFidelity Fundamental Global ex-U.S. ETFScore 61
  3. Rank 3BJIGJPMorgan International Growth ETFScore 57
  4. Rank 4BMTRAInvesco International Growth Focus ETFScore 56
  5. Rank 5BBGIABaillie Gifford International Alpha ETFScore 53
  6. Rank 11DVNIEVontobel International Equity Active ETFScore 32
  7. Rank 13DBGCGBAILLIE GIFFORD INTERNATIONAL CONCENTRATED GROWTH ETFScore 30
  8. PJINNot yet graded

Our read on each fund

ETF.net Research

BGCGDBAILLIE GIFFORD INTERNATIONAL CONCENTRATED GROWTH ETF

MTRABInvesco International Growth Focus ETF

In short

BGCG Baillie Gifford's most concentrated international book, in an ETF shell: roughly 30 transformational growth names held for years, not quarters. The Edinburgh firm's mutual fund reorganized into it in 2026, so the strategy has a past even if the ticker doesn't.

MTRA No data

Stated mandate

BGCG The fund seeks capital appreciation through active management of an international portfolio of common stocks and other equity securities issued in developed and emerging markets.

MTRA No data

Why people hold it

  • BGCG Concentrated on purpose: the issuer calls this its most concentrated international strategy, 20 to 35 transformational growth businesses chosen through bottom-up research.bailliegifford.com
  • Built to sit still. The prospectus says it aims to hold securities for long periods, typically at least five years, which generally keeps portfolio turnover low.sec.gov
  • Not a brand-new idea in a new wrapper: the Baillie Gifford International Concentrated Growth Equities mutual fund reorganized into this ETF on June 1, 2026.sec.gov
  • Developed and emerging markets in one active mandate, with the full holdings list published daily so you can see what you own.bailliegifford.com

MTRA No data

Worth knowing

  • BGCG Conviction costs: 0.72% a year sits above the roughly 0.55% median for its peer group, where CGXU charges 0.54% and JIG 0.55%.
  • Non-diversified by design. The prospectus flags significant exposure to a single country or a few countries, and a large share of assets in few issuers or sectors.sec.gov
  • "International" comes with an asterisk: the fund may invest up to 20% of net assets in companies located in the US.sec.govsec.gov 2

MTRA No data

Full BGCG profile⁠

Full MTRA profile⁠

BGCG vs MTRA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BGCG vs MTRA Cost

Overpaying BGCG vs MTRA

$3,237

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BGCG 0.72%

    $13,957

  • MTRA 0.54%

    $10,720

$10,000
30 years

Cost over time

  • BGCG 0.72%
  • MTRA 0.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BGCG $13,957MTRA $10,720

Year by year

YearBGCGMTRAOverpaying
10$1,284$971$313
20$4,888$3,724$1,164
30$13,957$10,720$3,237

Expense ratio

  • 0.72%BGCG
  • 0.54%MTRA, cheaper
  • Middle half of International Active Growth funds
  • Median 0.55%

MTRA 3rd cheapest of 14 funds

BGCG 14th cheapest of 14 funds

BGCG vs MTRA Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BGCG None
MTRA No data
Last payment
BGCG No data
MTRA $0.18
Ex-dividend
BGCG No data
MTRA Dec 22, 2025
Paid on
BGCG No data
MTRA Dec 26, 2025
Frequency
BGCG No data
MTRA Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BGCGAll BGCG payments⁠

No distribution history available.

MTRAIrregular · 1 paymentAll MTRA payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $0.18. Use the arrow keys to read each point.$0$0.202026YTD

BGCG vs MTRA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BGCG No dataMTRA 13.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
BGCG No dataMTRA −0.23since Jul 2025
Worst fallMax drawdown, 5 years
BGCG No dataMTRA −15.8%since Jun 2025
Market sensitivityBeta, 5 years
BGCG 1.05MTRA 0.88

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