APHIX vs. GSINX

Last updated Apr 1, 2026

Compare and contrast key facts about Artisan International Fund Institutional Class (APHIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX).

APHIX is an actively managed fund by Artisan Partners. It was launched on Jul 1, 1997. GSINX is managed by Goldman Sachs. It was launched on Dec 14, 2016.

Performance

APHIX vs. GSINX - Performance Comparison

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

APHIX vs. GSINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APHIX Artisan International Fund Institutional Class	3.79%	36.49%	10.89%	14.52%	-19.35%	9.10%	7.84%	29.43%	-10.81%	31.10%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	3.75%	20.76%	9.53%	21.93%	-11.14%	12.35%	15.64%	27.41%	-6.14%	29.66%

Returns By Period

The year-to-date returns for both stocks are quite close, with APHIX having a 3.79% return and GSINX slightly lower at 3.75%.

APHIX

• 1D: -0.57%
• 1M: -8.93%
• YTD: 3.79%
• 6M: 5.56%
• 1Y: 29.58%
• 3Y*: 18.43%
• 5Y*: 9.55%
• 10Y*: 9.34%

GSINX

• 1D: 0.65%
• 1M: -6.11%
• YTD: 3.75%
• 6M: 7.85%
• 1Y: 15.78%
• 3Y*: 17.25%
• 5Y*: 10.28%
• 10Y*: —

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

APHIX vs. GSINX - Expense Ratio Comparison

APHIX has a 0.96% expense ratio, which is higher than GSINX's 0.89% expense ratio.

APHIX

Artisan International Fund Institutional Class

GSINX

Goldman Sachs GQG Partners International Opportunities Fund

Return for Risk

APHIX vs. GSINX — Risk / Return Rank

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

APHIX

APHIX Risk / Return Rank: 89
APHIX Sharpe Ratio Rank: 90
APHIX Sortino Ratio Rank: 87
APHIX Omega Ratio Rank: 85
APHIX Calmar Ratio Rank: 90
APHIX Martin Ratio Rank: 91

GSINX

GSINX Risk / Return Rank: 73
GSINX Sharpe Ratio Rank: 73
GSINX Sortino Ratio Rank: 68
GSINX Omega Ratio Rank: 72
GSINX Calmar Ratio Rank: 77
GSINX Martin Ratio Rank: 76

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.

APHIX vs. GSINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Fund Institutional Class (APHIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). 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.

	APHIX	GSINX	Difference
Sharpe ratio Return per unit of total volatility	1.86	1.27	+0.59
Sortino ratio Return per unit of downside risk	2.39	1.68	+0.71
Omega ratio Gain probability vs. loss probability	1.35	1.27	+0.09
Calmar ratio Return relative to maximum drawdown	2.53	1.80	+0.73
Martin ratio Return relative to average drawdown	10.66	7.33	+3.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APHIX vs. GSINX - Sharpe Ratio Comparison

The current APHIX Sharpe Ratio is 1.86, which is higher than the GSINX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of APHIX and GSINX, 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

	APHIX	GSINX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	1.27	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.72	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.80	-0.51

Correlation

The correlation between APHIX and GSINX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

APHIX vs. GSINX - Dividend Comparison

APHIX's dividend yield for the trailing twelve months is around 21.80%, more than GSINX's 4.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APHIX Artisan International Fund Institutional Class	21.80%	22.63%	10.37%	2.10%	2.84%	23.52%	3.45%	5.44%	10.02%	0.91%	1.50%	0.73%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	4.85%	5.03%	11.11%	2.27%	4.79%	2.13%	0.08%	0.57%	0.43%	0.12%	0.00%	0.00%

Drawdowns

APHIX vs. GSINX - Drawdown Comparison

The maximum APHIX drawdown since its inception was -68.47%, which is greater than GSINX's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for APHIX and GSINX.

Drawdown Indicators

	APHIX	GSINX	Difference
Max Drawdown Largest peak-to-trough decline	-68.47%	-28.80%	-39.67%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-8.74%	-1.03%
Max Drawdown (5Y) Largest decline over 5 years	-33.73%	-25.46%	-8.27%
Max Drawdown (10Y) Largest decline over 10 years	-33.73%	—	—
Current Drawdown Current decline from peak	-9.77%	-6.11%	-3.66%
Average Drawdown Average peak-to-trough decline	-23.20%	-4.88%	-18.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	2.15%	+0.44%

Volatility

APHIX vs. GSINX - Volatility Comparison

Artisan International Fund Institutional Class (APHIX) has a higher volatility of 6.04% compared to Goldman Sachs GQG Partners International Opportunities Fund (GSINX) at 4.84%. This indicates that APHIX's price experiences larger fluctuations and is considered to be riskier than GSINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APHIX	GSINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	4.84%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	10.13%	7.38%	+2.75%
Volatility (1Y) Calculated over the trailing 1-year period	15.33%	12.48%	+2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	14.44%	+1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	15.78%	+0.38%