APHFX vs. FGI

Last updated Apr 1, 2026

Compare and contrast key facts about Artisan High Income Fund Class I (APHFX) and FGI Industries Ltd (FGI).

APHFX is an actively managed fund by Artisan. It was launched on Oct 3, 2016.

Performance

APHFX vs. FGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan High Income Fund Class I (APHFX) and FGI Industries Ltd (FGI). The values are adjusted to include any dividend payments, if applicable.

APHFX vs. FGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
APHFX Artisan High Income Fund Class I	-1.94%	8.43%	8.60%	13.77%	-10.30%
FGI FGI Industries Ltd	-34.56%	47.10%	-52.74%	-23.72%	-44.87%

Returns By Period

In the year-to-date period, APHFX achieves a -1.94% return, which is significantly higher than FGI's -34.56% return.

APHFX

• 1D: 0.11%
• 1M: -2.09%
• YTD: -1.94%
• 6M: -0.84%
• 1Y: 5.13%
• 3Y*: 7.78%
• 5Y*: 3.53%
• 10Y*: —

FGI

• 1D: 2.75%
• 1M: -31.81%
• YTD: -34.56%
• 6M: -37.63%
• 1Y: -3.29%
• 3Y*: -27.41%
• 5Y*: —
• 10Y*: —

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

Return for Risk

APHFX vs. FGI — Risk / Return Rank

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

APHFX

APHFX Risk / Return Rank: 84
APHFX Sharpe Ratio Rank: 86
APHFX Sortino Ratio Rank: 89
APHFX Omega Ratio Rank: 90
APHFX Calmar Ratio Rank: 79
APHFX Martin Ratio Rank: 75

FGI

FGI Risk / Return Rank: 50
FGI Sharpe Ratio Rank: 40
FGI Sortino Ratio Rank: 70
FGI Omega Ratio Rank: 65
FGI Calmar Ratio Rank: 38
FGI Martin Ratio Rank: 38

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.

APHFX vs. FGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan High Income Fund Class I (APHFX) and FGI Industries Ltd (FGI). 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.

	APHFX	FGI	Difference
Sharpe ratio Return per unit of total volatility	1.66	-0.02	+1.68
Sortino ratio Return per unit of downside risk	2.50	1.61	+0.89
Omega ratio Gain probability vs. loss probability	1.40	1.19	+0.22
Calmar ratio Return relative to maximum drawdown	1.86	-0.12	+1.98
Martin ratio Return relative to average drawdown	7.17	-0.23	+7.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APHFX vs. FGI - Sharpe Ratio Comparison

The current APHFX Sharpe Ratio is 1.66, which is higher than the FGI Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of APHFX and FGI, 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

	APHFX	FGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	-0.02	+1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	-0.29	+1.33

Correlation

The correlation between APHFX and FGI is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

APHFX vs. FGI - Dividend Comparison

APHFX's dividend yield for the trailing twelve months is around 6.62%, while FGI has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
APHFX Artisan High Income Fund Class I	6.62%	6.96%	7.39%	5.56%	5.83%	5.50%	6.01%	6.44%	7.25%	7.96%
FGI FGI Industries Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

APHFX vs. FGI - Drawdown Comparison

The maximum APHFX drawdown since its inception was -21.51%, smaller than the maximum FGI drawdown of -90.12%. Use the drawdown chart below to compare losses from any high point for APHFX and FGI.

Drawdown Indicators

	APHFX	FGI	Difference
Max Drawdown Largest peak-to-trough decline	-21.51%	-90.12%	+68.61%
Max Drawdown (1Y) Largest decline over 1 year	-2.76%	-64.44%	+61.68%
Max Drawdown (5Y) Largest decline over 5 years	-14.80%	—	—
Current Drawdown Current decline from peak	-2.63%	-84.65%	+82.02%
Average Drawdown Average peak-to-trough decline	-2.54%	-68.11%	+65.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.71%	33.97%	-33.26%

Volatility

APHFX vs. FGI - Volatility Comparison

The current volatility for Artisan High Income Fund Class I (APHFX) is 1.07%, while FGI Industries Ltd (FGI) has a volatility of 37.22%. This indicates that APHFX experiences smaller price fluctuations and is considered to be less risky than FGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APHFX	FGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	37.22%	-36.15%
Volatility (6M) Calculated over the trailing 6-month period	2.01%	89.49%	-87.48%
Volatility (1Y) Calculated over the trailing 1-year period	3.40%	193.76%	-190.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.87%	113.93%	-109.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.33%	113.93%	-108.60%