AQGNX vs. GQFPX

Last updated Apr 2, 2026

Compare and contrast key facts about AQR Global Equity Fund Class N (AQGNX) and GQG Partners Global Quality Dividend Income Fund (GQFPX).

AQGNX is a passively managed fund by AQR Funds that tracks the performance of the MSCI World Net Total Return USD Index. It was launched on Dec 31, 2009. GQFPX is managed by GQG Partners Inc. It was launched on Jun 29, 2021.

Performance

AQGNX vs. GQFPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AQR Global Equity Fund Class N (AQGNX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). The values are adjusted to include any dividend payments, if applicable.

AQGNX vs. GQFPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AQGNX AQR Global Equity Fund Class N	-3.59%	31.37%	24.14%	22.74%	-14.45%	5.19%
GQFPX GQG Partners Global Quality Dividend Income Fund	10.08%	19.29%	4.81%	15.09%	-1.13%	5.03%

Returns By Period

In the year-to-date period, AQGNX achieves a -3.59% return, which is significantly lower than GQFPX's 10.08% return.

AQGNX

• 1D: 3.31%
• 1M: -5.40%
• YTD: -3.59%
• 6M: -0.62%
• 1Y: 20.60%
• 3Y*: 22.14%
• 5Y*: 12.38%
• 10Y*: 11.55%

GQFPX

• 1D: 0.37%
• 1M: -2.10%
• YTD: 10.08%
• 6M: 11.45%
• 1Y: 19.15%
• 3Y*: 16.47%
• 5Y*: —
• 10Y*: —

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

AQGNX vs. GQFPX - Expense Ratio Comparison

AQGNX has a 1.07% expense ratio, which is higher than GQFPX's 0.86% expense ratio.

AQGNX

AQR Global Equity Fund Class N

GQFPX

GQG Partners Global Quality Dividend Income Fund

Return for Risk

AQGNX vs. GQFPX — Risk / Return Rank

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

AQGNX

AQGNX Risk / Return Rank: 53
AQGNX Sharpe Ratio Rank: 50
AQGNX Sortino Ratio Rank: 50
AQGNX Omega Ratio Rank: 57
AQGNX Calmar Ratio Rank: 45
AQGNX Martin Ratio Rank: 62

GQFPX

GQFPX Risk / Return Rank: 78
GQFPX Sharpe Ratio Rank: 80
GQFPX Sortino Ratio Rank: 74
GQFPX Omega Ratio Rank: 79
GQFPX Calmar Ratio Rank: 73
GQFPX Martin Ratio Rank: 83

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.

AQGNX vs. GQFPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AQR Global Equity Fund Class N (AQGNX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). 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.

	AQGNX	GQFPX	Difference
Sharpe ratio Return per unit of total volatility	1.08	1.58	-0.51
Sortino ratio Return per unit of downside risk	1.56	2.03	-0.48
Omega ratio Gain probability vs. loss probability	1.25	1.33	-0.08
Calmar ratio Return relative to maximum drawdown	1.39	1.96	-0.58
Martin ratio Return relative to average drawdown	6.92	9.35	-2.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AQGNX vs. GQFPX - Sharpe Ratio Comparison

The current AQGNX Sharpe Ratio is 1.08, which is lower than the GQFPX Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of AQGNX and GQFPX, 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

	AQGNX	GQFPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	1.58	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.87	-0.35

Correlation

The correlation between AQGNX and GQFPX is 0.70, 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

AQGNX vs. GQFPX - Dividend Comparison

AQGNX's dividend yield for the trailing twelve months is around 13.77%, more than GQFPX's 4.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AQGNX AQR Global Equity Fund Class N	13.77%	13.27%	13.26%	5.82%	4.30%	12.07%	1.08%	1.26%	4.74%	4.75%	10.16%
GQFPX GQG Partners Global Quality Dividend Income Fund	4.83%	5.32%	3.71%	3.69%	5.18%	1.38%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AQGNX vs. GQFPX - Drawdown Comparison

The maximum AQGNX drawdown since its inception was -35.76%, which is greater than GQFPX's maximum drawdown of -16.95%. Use the drawdown chart below to compare losses from any high point for AQGNX and GQFPX.

Drawdown Indicators

	AQGNX	GQFPX	Difference
Max Drawdown Largest peak-to-trough decline	-35.76%	-16.95%	-18.81%
Max Drawdown (1Y) Largest decline over 1 year	-15.24%	-9.37%	-5.87%
Max Drawdown (5Y) Largest decline over 5 years	-29.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.76%	—	—
Current Drawdown Current decline from peak	-6.92%	-2.80%	-4.12%
Average Drawdown Average peak-to-trough decline	-7.36%	-3.03%	-4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	2.08%	+0.98%

Volatility

AQGNX vs. GQFPX - Volatility Comparison

AQR Global Equity Fund Class N (AQGNX) has a higher volatility of 6.26% compared to GQG Partners Global Quality Dividend Income Fund (GQFPX) at 3.97%. This indicates that AQGNX's price experiences larger fluctuations and is considered to be riskier than GQFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AQGNX	GQFPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	3.97%	+2.29%
Volatility (6M) Calculated over the trailing 6-month period	10.40%	6.99%	+3.41%
Volatility (1Y) Calculated over the trailing 1-year period	19.95%	12.37%	+7.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.12%	12.88%	+5.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.86%	12.88%	+4.98%