AbstractFjord sediments are increasingly recognized as high‐resolution archives of past hydrological and climate variability. Using them as such, however, requires a comprehensive understanding of the variables that affect their accumulation rates and properties. Here, we conduct a spatial and temporal study of sediment samples collected at the head of Martínez Channel (Chilean Patagonia, 48°S), to understand how the fjord's sediments register changes in the hydrology of Baker River, Chile's largest river in terms of mean annual discharge. We apply end‐member modeling to particle‐size distributions of: (a) river suspended sediments, (b) surface sediments collected along a proximal‐distal transect at the fjord head, and (c) fjord sediments collected in a sequential sediment trap at 15‐day resolution during two consecutive years. We then validate the use of the grain‐size end members for hydrological and climate reconstructions, using a sediment core that covers the last 35 years. Results show that the river suspended sediments and fjord sediments are consistently composed of two grain‐size subpopulations. The finest end member (EM1; mode 4.03 μm) reflects the meltwater contribution, which dominates in all but the winter season. The coarser end member (EM2; mode 18.7 μm) dominates in winter, when meltwater contribution is reduced, and is associated with rainfall. We show that the fluxes of EM1 and EM2 provide quantitative estimates of baseflow (r = 0.87, p < 0.001) and quickflow (r = 0.86, p < 0.001), respectively. Additionally, we propose that log (EM1/EM2) can be used to reconstruct meltwater production (r = 0.67, p < 0.001) and temperature (r = 0.81, p < 0.001) in the lower Baker River watershed. These results support the use of fjord sediments for quantitative reconstructions of hydrological and climate variability in partially glacierized watersheds.