DHIVX vs. MGIFX

Last updated Jul 15, 2026

DHIVX (Centre Global Infrastructure Fund) and MGIFX (Mondrian Global Listed Infrastructure Fund) are both Energy Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. DHIVX charges 1.57%/yr vs 0.95%/yr for MGIFX.

Performance

DHIVX vs. MGIFX - Performance Comparison

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

Returns By Period

DHIVX

• 1D: 0.63%
• 1M: -0.59%
• 6M: 11.53%
• YTD: 10.60%
• 1Y: 14.84%
• 3Y*: 16.87%
• 5Y*: 9.28%
• 10Y*: —

MGIFX

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

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

DHIVX vs. MGIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DHIVX Centre Global Infrastructure Fund	10.60%	16.30%	20.25%	5.34%	-3.28%	7.51%	-7.17%	25.27%	0.58%
MGIFX Mondrian Global Listed Infrastructure Fund	13.34%	28.20%	-0.47%	7.88%	-3.61%	11.74%	-0.69%	31.06%	0.00%

Correlation

The correlation between DHIVX and MGIFX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 31, 2018	0.78

Over the past year, the correlation between DHIVX and MGIFX has dropped to 0.53 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

DHIVX vs. MGIFX — Risk / Return Rank

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

DHIVX

DHIVX Risk / Return Rank: 46
DHIVX Sharpe Ratio Rank: 47
DHIVX Sortino Ratio Rank: 52
DHIVX Omega Ratio Rank: 45
DHIVX Calmar Ratio Rank: 53
DHIVX Martin Ratio Rank: 36

MGIFX

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.

DHIVX vs. MGIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centre Global Infrastructure Fund (DHIVX) and Mondrian Global Listed Infrastructure Fund (MGIFX). 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.

	DHIVX	MGIFX	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.28	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.23	—	—
Martin ratio: Return relative to average drawdown	6.11	—	—

Drawdowns

Drawdown Indicators

	DHIVX	MGIFX	Difference
Max Drawdown Largest peak-to-trough decline	-36.18%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.41%	—	—
Current Drawdown Current decline from peak	-3.93%	—	—
Average Drawdown Average peak-to-trough decline	-5.57%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	—	—

Volatility

Volatility by Period

	DHIVX	MGIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.18%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	—	—

DHIVX vs. MGIFX - Expense Ratio Comparison

DHIVX has a 1.57% expense ratio, which is higher than MGIFX's 0.95% expense ratio.

Dividends

DHIVX vs. MGIFX - Dividend Comparison

DHIVX's dividend yield for the trailing twelve months is around 3.41%, less than MGIFX's 49.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DHIVX Centre Global Infrastructure Fund	3.41%	3.66%	2.54%	1.60%	1.85%	1.70%	2.43%	2.31%	2.45%
MGIFX Mondrian Global Listed Infrastructure Fund	49.24%	7.56%	3.17%	5.41%	8.60%	7.13%	6.18%	6.74%	0.00%

Frequently Asked Questions

Can I hold both DHIVX and MGIFX in my portfolio?

DHIVX and MGIFX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.