CPGAX vs. GQRIX
CPGAX (American Funds Global Growth Portfolio) and GQRIX (GQG Partners Global Quality Equity Fund Institutional Shares) are both mutual funds - CPGAX is a Global Equities fund managed by American Funds, while GQRIX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, CPGAX returned 7.80%/yr vs 9.20%/yr for GQRIX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. CPGAX charges 0.40%/yr vs 0.75%/yr for GQRIX.
Performance
CPGAX vs. GQRIX - Performance Comparison
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Returns By Period
In the year-to-date period, CPGAX achieves a 8.96% return, which is significantly higher than GQRIX's 7.29% return.
CPGAX
- 1D
- 2.62%
- 1M
- -2.39%
- 6M
- 5.34%
- YTD
- 8.96%
- 1Y
- 21.09%
- 3Y*
- 16.89%
- 5Y*
- 7.80%
- 10Y*
- 11.73%
- ALL TIME*
- 11.49%
GQRIX
- 1D
- 0.43%
- 1M
- 0.43%
- 6M
- 3.55%
- YTD
- 7.29%
- 1Y
- 9.44%
- 3Y*
- 11.84%
- 5Y*
- 9.20%
- 10Y*
- —
- ALL TIME*
- 11.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CPGAX vs. GQRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CPGAX American Funds Global Growth Portfolio | 8.96% | 22.99% | 14.81% | 24.05% | -25.77% | 12.89% | 27.36% | 13.92% |
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.29% | 0.91% | 20.18% | 19.79% | -3.64% | 17.13% | 14.75% | 12.84% |
Correlation
The correlation between CPGAX and GQRIX is -0.10, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019 | 0.70 |
The correlation between CPGAX and GQRIX shifts across timeframes, from -0.10 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CPGAX vs. GQRIX — Risk / Return Rank
CPGAX
GQRIX
CPGAX vs. GQRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Growth Portfolio (CPGAX) and GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX). 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.
| CPGAX | GQRIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.17 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.29 | +0.40 |
| Martin ratioReturn relative to average drawdown | 6.86 | 2.93 | +3.93 |
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Drawdowns
CPGAX vs. GQRIX - Drawdown Comparison
The maximum CPGAX drawdown since its inception was -34.42%, which is greater than GQRIX's maximum drawdown of -28.86%. Use the drawdown chart below to compare losses from any high point for CPGAX and GQRIX.
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Drawdown Indicators
| CPGAX | GQRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.42% | -28.86% | -5.56% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -7.00% | -4.33% |
Max Drawdown (3Y)Largest decline over 3 years | -17.99% | -16.47% | -1.52% |
Max Drawdown (5Y)Largest decline over 5 years | -34.42% | -20.29% | -14.13% |
Max Drawdown (10Y)Largest decline over 10 years | -34.42% | — | — |
Current DrawdownCurrent decline from peak | -4.03% | -3.86% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -4.89% | -1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 3.07% | -0.29% |
Volatility
CPGAX vs. GQRIX - Volatility Comparison
American Funds Global Growth Portfolio (CPGAX) has a higher volatility of 5.24% compared to GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) at 2.73%. This indicates that CPGAX's price experiences larger fluctuations and is considered to be riskier than GQRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPGAX | GQRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 2.73% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 13.76% | 7.50% | +6.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 9.45% | +6.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 14.67% | +2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.32% | 17.15% | +0.17% |
CPGAX vs. GQRIX - Expense Ratio Comparison
CPGAX has a 0.40% expense ratio, which is lower than GQRIX's 0.75% expense ratio.
Dividends
CPGAX vs. GQRIX - Dividend Comparison
CPGAX's dividend yield for the trailing twelve months is around 5.13%, less than GQRIX's 7.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPGAX American Funds Global Growth Portfolio | 5.13% | 5.59% | 4.29% | 0.92% | 7.95% | 3.33% | 0.77% | 4.89% | 5.69% | 6.21% | 3.66% | 3.92% |
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares | 7.40% | 7.94% | 6.46% | 1.39% | 2.99% | 1.65% | 0.11% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CPGAX and GQRIX 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.
CPGAX has higher volatility (5.24%) compared to GQRIX (2.73%). In terms of maximum drawdown, CPGAX dropped -34.42% vs GQRIX's -28.86%.
CPGAX currently has the higher Sharpe Ratio (1.18 vs 0.95), 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.
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