CGFIX vs. GOPIX

Last updated Jun 23, 2026

CGFIX (abrdn Global Absolute Return Strategies Fund) and GOPIX (abrdn China A Share Equity Fund) are both mutual funds - CGFIX is a Macro Trading fund managed by Aberdeen, while GOPIX is a China Equities fund managed by Aberdeen. At a 0.02 correlation, their price movements are largely independent. CGFIX charges 0.78%/yr vs 0.99%/yr for GOPIX.

Performance

CGFIX vs. GOPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Global Absolute Return Strategies Fund (CGFIX) and abrdn China A Share Equity Fund (GOPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CGFIX

• 1D: 0.12%
• 1M: 1.43%
• YTD: 1.86%
• 6M: 1.93%
• 1Y: 6.15%
• 3Y*: 5.56%
• 5Y*: 0.44%
• 10Y*: 1.86%

GOPIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGFIX vs. GOPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CGFIX abrdn Global Absolute Return Strategies Fund	1.86%	5.79%	4.85%	-2.54%	-9.99%	1.39%	6.37%	7.26%	0.97%	1.62%
GOPIX abrdn China A Share Equity Fund	0.00%	25.89%	5.70%	-24.96%	-22.46%	-3.67%	56.93%	31.74%	-11.87%	35.06%

Correlation

The correlation between CGFIX and GOPIX is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.02

The correlation between CGFIX and GOPIX shifts across timeframes, from -0.02 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CGFIX vs. GOPIX — Risk / Return Rank

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

CGFIX

CGFIX Risk / Return Rank: 53
CGFIX Sharpe Ratio Rank: 59
CGFIX Sortino Ratio Rank: 60
CGFIX Omega Ratio Rank: 63
CGFIX Calmar Ratio Rank: 41
CGFIX Martin Ratio Rank: 40

GOPIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CGFIX vs. GOPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Global Absolute Return Strategies Fund (CGFIX) and abrdn China A Share Equity Fund (GOPIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CGFIX	GOPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.08	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	2.31	—	—
Martin ratio: Return relative to average drawdown	8.18	—	—

Drawdowns

Drawdown Indicators

	CGFIX	GOPIX	Difference
Max Drawdown Largest peak-to-trough decline	-20.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.78%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.28%	—	—
Current Drawdown Current decline from peak	-1.18%	—	—
Average Drawdown Average peak-to-trough decline	-3.19%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	—	—

Volatility

Volatility by Period

	CGFIX	GOPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.76%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	—	—

CGFIX vs. GOPIX - Expense Ratio Comparison

CGFIX has a 0.78% expense ratio, which is lower than GOPIX's 0.99% expense ratio.

Dividends

CGFIX vs. GOPIX - Dividend Comparison

CGFIX's dividend yield for the trailing twelve months is around 6.12%, more than GOPIX's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGFIX abrdn Global Absolute Return Strategies Fund	6.12%	5.51%	6.43%	2.08%	0.00%	7.49%	0.23%	3.29%	6.05%	0.33%	1.12%	0.35%
GOPIX abrdn China A Share Equity Fund	1.46%	1.46%	1.29%	0.79%	0.00%	5.22%	1.42%	4.45%	0.41%	1.24%	1.40%	2.03%

Frequently Asked Questions

Can I hold both CGFIX and GOPIX in my portfolio?

CGFIX and GOPIX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.