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BGIA vs MTRA

Baillie Gifford International Alpha ETF

BGIABNasdaq

Invesco International Growth Focus ETF

MTRABCboe

Overlap

Expense ratio

MTRA −0.05pt a year

BGIA0.59%MTRA0.54%

Avg volume · 30D

BGIA 14.6×the volume

BGIA116KMTRA7.93K

BGIA vs MTRA Performance

Jul 31, 2026 – Oct 30, 2026

−2.2%BGIA−5.0%MTRA

Jul 31, 2026 to Oct 30, 2026. BGIA −2.2%. MTRA −5.0%. Use the arrow keys to read each point.0%2%4%Jul 2026Sep 2026Oct 2026
Expense ratio
BGIA 0.59%
MTRA 0.54%, better
Fund size
BGIA $320M
MTRA $127M
1Y total return
BGIA No data
MTRA −4.2%
Holdings
BGIA 86
MTRA 55
Avg volume (30D)
BGIA 116K sh, better
MTRA 7.93K sh
NAV per share
BGIA $24.50
MTRA $25.23
52W range

ETF.net Grade

BGIA: Cost 31, Risk 61, Mission not scored, Tradability 77, Holdings 67, Durability 61. MTRA: Cost 76, Risk 31, Mission not scored, Tradability 52, Holdings 39, Durability 70.
Pillar letters and Scores for BGIA, MTRA, with each pillar’s weight
PillarBGIAMTRA
Cost30% weightD31A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightB61HigherD31
Tradability15% weightA77HigherC52
Holdings10% weightB67HigherD39
Durability5% weightB61A70Higher

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. BGIA 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 BGIA 5th 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 5BFFDIFidelity Fundamental Developed International ETFScore 53

Our read on each fund

ETF.net Research

BGIABBaillie Gifford International Alpha ETF

MTRABInvesco International Growth Focus ETF

In short

BGIA Baillie Gifford's long-horizon growth style, in an ETF. Roughly 80 international companies picked stock by stock with no eye on the benchmark: the diversified cousin of the firm's famously concentrated portfolios.

MTRA No data

Stated mandate

BGIA The fund applies a diversified international growth strategy, selecting a concentrated portfolio through bottom-up research and active stock picking.

MTRA No data

Why people hold it

  • BGIA Bottom-up, benchmark-agnostic picking of roughly 80 international growth companies, built to look different from the index rather than hug it.bailliegifford.com
  • The diversified end of the Baillie Gifford range: 60 to 90 holdings by design, spreading the firm's growth bets wider than its concentrated strategies.bailliegifford.com
  • Premise stated plainly in its own materials: global equity indices lean heavily on the US, so the search for growth runs across markets outside it.bailliegifford.com
  • Arrived in 2026 with Baillie Gifford's first US active ETF lineup, putting an Edinburgh growth shop's international strategy into an exchange-traded wrapper.businesswire.com

MTRA No data

Worth knowing

  • BGIA At 0.59% a year it prices above the typical active international growth ETF, and rivals such as CGXU and JIG come in lower.
  • A 2026 launch, so its record in ETF form is short, and a growth-stock portfolio this benchmark-indifferent can move a long way from broad international indexes.bailliegifford.com
  • The stated objective is capital appreciation; income is not part of the design.bailliegifford.com

MTRA No data

Full BGIA profile⁠

Full MTRA profile⁠

BGIA 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.

BGIA vs MTRA Cost

Overpaying BGIA vs MTRA

$915

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

  • BGIA 0.59%

    $11,635

  • MTRA 0.54%

    $10,720

$10,000
30 years

Cost over time

  • BGIA 0.59%
  • MTRA 0.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530BGIA $11,635MTRA $10,720

Year by year

YearBGIAMTRAOverpaying
10$1,058$971$87
20$4,051$3,724$327
30$11,635$10,720$915

Expense ratio

  • 0.59%BGIA
  • 0.54%MTRA, cheaper
  • Middle half of International Active Growth funds
  • Median 0.55%

MTRA 3rd cheapest of 14 funds

BGIA 10th cheapest of 14 funds

BGIA vs MTRA Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BGIAAll BGIA 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

BGIA vs MTRA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BGIA No dataMTRA 13.3%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
BGIA No dataMTRA −0.23since Jul 2025
Worst fallMax drawdown, 5 years
BGIA No dataMTRA −15.8%since Jun 2025
Market sensitivityBeta, 5 years
BGIA 1.36MTRA 0.88

BGIA and MTRA in the news

All news⁠

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