APDKX vs. GSIMX

Last updated Jun 4, 2026

APDKX (Artisan International Value Fund Advisor Class) and GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, APDKX returned 10.44%/yr vs 9.05%/yr for GSIMX. A 0.74 correlation means they provide meaningful diversification when combined. APDKX charges 1.06%/yr vs 0.76%/yr for GSIMX.

Performance

APDKX vs. GSIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan International Value Fund Advisor Class (APDKX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APDKX achieves a 10.60% return, which is significantly higher than GSIMX's 6.45% return.

APDKX

• 1D: 0.58%
• 1M: 5.73%
• YTD: 10.60%
• 6M: 13.93%
• 1Y: 23.20%
• 3Y*: 16.84%
• 5Y*: 10.44%
• 10Y*: 10.55%

GSIMX

• 1D: 0.04%
• 1M: -0.54%
• YTD: 6.45%
• 6M: 8.00%
• 1Y: 12.69%
• 3Y*: 17.16%
• 5Y*: 9.05%
• 10Y*: —

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

APDKX vs. GSIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APDKX Artisan International Value Fund Advisor Class	10.60%	22.69%	6.55%	22.81%	-6.85%	16.83%	8.70%	24.12%	-15.56%	19.95%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	6.45%	20.85%	9.66%	22.10%	-11.06%	12.50%	15.77%	27.64%	-6.04%	29.92%

Correlation

The correlation between APDKX and GSIMX is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.74

The correlation between APDKX and GSIMX shifts across timeframes, from 0.58 (1 year) to 0.75 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

APDKX vs. GSIMX — Risk / Return Rank

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

APDKX

APDKX Risk / Return Rank: 36
APDKX Sharpe Ratio Rank: 34
APDKX Sortino Ratio Rank: 35
APDKX Omega Ratio Rank: 41
APDKX Calmar Ratio Rank: 37
APDKX Martin Ratio Rank: 35

GSIMX

GSIMX Risk / Return Rank: 19
GSIMX Sharpe Ratio Rank: 19
GSIMX Sortino Ratio Rank: 18
GSIMX Omega Ratio Rank: 20
GSIMX Calmar Ratio Rank: 18
GSIMX Martin Ratio Rank: 19

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.

APDKX vs. GSIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Value Fund Advisor Class (APDKX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). 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.

	APDKX	GSIMX	Difference
Sharpe ratio Return per unit of total volatility	1.69	1.27	+0.42
Sortino ratio Return per unit of downside risk	2.47	1.78	+0.69
Omega ratio Gain probability vs. loss probability	1.35	1.23	+0.11
Calmar ratio Return relative to maximum drawdown	2.31	1.56	+0.75
Martin ratio Return relative to average drawdown	7.78	5.22	+2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APDKX vs. GSIMX - Sharpe Ratio Comparison

The current APDKX Sharpe Ratio is 1.69, which is higher than the GSIMX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of APDKX and GSIMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	APDKX	GSIMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	1.27	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.63	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.82	-0.16

Drawdowns

APDKX vs. GSIMX - Drawdown Comparison

The maximum APDKX drawdown since its inception was -38.09%, which is greater than GSIMX's maximum drawdown of -28.84%. Use the drawdown chart below to compare losses from any high point for APDKX and GSIMX.

Drawdown Indicators

	APDKX	GSIMX	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-28.84%	-9.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-7.81%	-2.14%
Max Drawdown (3Y) Largest decline over 3 years	-10.88%	-10.32%	-0.56%
Max Drawdown (5Y) Largest decline over 5 years	-24.88%	-25.37%	+0.49%
Max Drawdown (10Y) Largest decline over 10 years	-38.09%	—	—
Current Drawdown Current decline from peak	0.00%	-3.70%	+3.70%
Average Drawdown Average peak-to-trough decline	-5.40%	-4.82%	-0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.33%	+0.61%

Volatility

APDKX vs. GSIMX - Volatility Comparison

Artisan International Value Fund Advisor Class (APDKX) has a higher volatility of 4.38% compared to Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) at 2.77%. This indicates that APDKX's price experiences larger fluctuations and is considered to be riskier than GSIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APDKX	GSIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	2.77%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	7.89%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	9.66%	+3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	14.36%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	15.69%	+0.48%

APDKX vs. GSIMX - Expense Ratio Comparison

APDKX has a 1.06% expense ratio, which is higher than GSIMX's 0.76% expense ratio.

Dividends

APDKX vs. GSIMX - Dividend Comparison

APDKX's dividend yield for the trailing twelve months is around 6.41%, more than GSIMX's 4.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
APDKX Artisan International Value Fund Advisor Class	6.41%	7.05%	4.26%	3.02%	2.23%	9.92%	0.91%	3.83%	5.61%	1.25%	3.27%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	4.81%	5.12%	11.18%	2.36%	4.89%	2.23%	0.18%	0.65%	0.53%	0.16%	0.00%

Frequently Asked Questions

Can I hold both APDKX and GSIMX in my portfolio?

APDKX and GSIMX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APDKX or GSIMX?

APDKX has higher volatility (4.38%) compared to GSIMX (2.77%). In terms of maximum drawdown, APDKX dropped -38.09% vs GSIMX's -28.84%.

Which has better risk-adjusted returns?

APDKX currently has the higher Sharpe Ratio (1.69 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.