DHIVX vs. AQGIX

Last updated Apr 1, 2026

Compare and contrast key facts about Centre Global Infrastructure Fund (DHIVX) and AQR Global Equity Fund (AQGIX).

DHIVX is managed by Centre Funds. It was launched on Jan 28, 2018. AQGIX is managed by AQR Funds. It was launched on Dec 30, 2009.

Performance

DHIVX vs. AQGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Centre Global Infrastructure Fund (DHIVX) and AQR Global Equity Fund (AQGIX). The values are adjusted to include any dividend payments, if applicable.

DHIVX vs. AQGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DHIVX Centre Global Infrastructure Fund	11.31%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%	-4.07%
AQGIX AQR Global Equity Fund	-6.63%	31.64%	24.56%	22.92%	-14.14%	18.32%	9.33%	22.55%	-13.04%

Returns By Period

In the year-to-date period, DHIVX achieves a 11.31% return, which is significantly higher than AQGIX's -6.63% return.

DHIVX

• 1D: -0.20%
• 1M: -3.31%
• YTD: 11.31%
• 6M: 9.38%
• 1Y: 19.01%
• 3Y*: 17.13%
• 5Y*: 10.01%
• 10Y*: —

AQGIX

• 1D: -0.52%
• 1M: -8.87%
• YTD: -6.63%
• 6M: -3.39%
• 1Y: 17.75%
• 3Y*: 21.10%
• 5Y*: 12.19%
• 10Y*: 11.48%

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

DHIVX vs. AQGIX - Expense Ratio Comparison

DHIVX has a 1.57% expense ratio, which is higher than AQGIX's 0.80% expense ratio.

DHIVX

Centre Global Infrastructure Fund

AQGIX

AQR Global Equity Fund

Return for Risk

DHIVX vs. AQGIX — Risk / Return Rank

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

DHIVX

DHIVX Risk / Return Rank: 86
DHIVX Sharpe Ratio Rank: 85
DHIVX Sortino Ratio Rank: 82
DHIVX Omega Ratio Rank: 82
DHIVX Calmar Ratio Rank: 90
DHIVX Martin Ratio Rank: 89

AQGIX

AQGIX Risk / Return Rank: 47
AQGIX Sharpe Ratio Rank: 45
AQGIX Sortino Ratio Rank: 45
AQGIX Omega Ratio Rank: 53
AQGIX Calmar Ratio Rank: 39
AQGIX Martin Ratio Rank: 52

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.

DHIVX vs. AQGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centre Global Infrastructure Fund (DHIVX) and AQR Global Equity Fund (AQGIX). 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.

	DHIVX	AQGIX	Difference
Sharpe ratio Return per unit of total volatility	1.63	0.89	+0.74
Sortino ratio Return per unit of downside risk	2.11	1.32	+0.79
Omega ratio Gain probability vs. loss probability	1.33	1.21	+0.12
Calmar ratio Return relative to maximum drawdown	2.54	1.01	+1.53
Martin ratio Return relative to average drawdown	9.91	5.12	+4.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DHIVX vs. AQGIX - Sharpe Ratio Comparison

The current DHIVX Sharpe Ratio is 1.63, which is higher than the AQGIX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of DHIVX and AQGIX, 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

	DHIVX	AQGIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	0.89	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.68	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.56	+0.01

Correlation

The correlation between DHIVX and AQGIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DHIVX vs. AQGIX - Dividend Comparison

DHIVX's dividend yield for the trailing twelve months is around 3.21%, less than AQGIX's 14.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHIVX Centre Global Infrastructure Fund	3.21%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%	0.00%	0.00%	0.00%
AQGIX AQR Global Equity Fund	14.12%	13.18%	13.59%	5.97%	4.39%	12.17%	1.16%	1.41%	4.72%	5.05%	10.34%	0.09%

Drawdowns

DHIVX vs. AQGIX - Drawdown Comparison

The maximum DHIVX drawdown since its inception was -36.18%, roughly equal to the maximum AQGIX drawdown of -35.47%. Use the drawdown chart below to compare losses from any high point for DHIVX and AQGIX.

Drawdown Indicators

	DHIVX	AQGIX	Difference
Max Drawdown Largest peak-to-trough decline	-36.18%	-35.47%	-0.71%
Max Drawdown (1Y) Largest decline over 1 year	-7.73%	-15.27%	+7.54%
Max Drawdown (5Y) Largest decline over 5 years	-20.41%	-29.62%	+9.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.47%	—
Current Drawdown Current decline from peak	-3.31%	-9.88%	+6.57%
Average Drawdown Average peak-to-trough decline	-5.65%	-6.61%	+0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	3.02%	-1.04%

Volatility

DHIVX vs. AQGIX - Volatility Comparison

The current volatility for Centre Global Infrastructure Fund (DHIVX) is 2.72%, while AQR Global Equity Fund (AQGIX) has a volatility of 5.03%. This indicates that DHIVX experiences smaller price fluctuations and is considered to be less risky than AQGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DHIVX	AQGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	5.03%	-2.31%
Volatility (6M) Calculated over the trailing 6-month period	6.98%	9.91%	-2.93%
Volatility (1Y) Calculated over the trailing 1-year period	11.79%	19.83%	-8.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.26%	18.12%	-5.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.74%	17.89%	-3.15%