EPSYX vs. GQRIX

Last updated Aug 4, 2026

EPSYX (MainStay Epoch Global Equity Yield Fund) and GQRIX (GQG Partners Global Quality Equity Fund Institutional Shares) are both mutual funds - EPSYX is a Global Equities fund managed by New York Life, while GQRIX is a Quality Factor fund managed by GQG Partners. Over the past 5 years, EPSYX returned 13.53%/yr vs 9.35%/yr for GQRIX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. EPSYX charges 0.84%/yr vs 0.75%/yr for GQRIX.

Performance

EPSYX vs. GQRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MainStay Epoch Global Equity Yield Fund (EPSYX) and GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPSYX achieves a 21.21% return, which is significantly higher than GQRIX's 8.04% return.

EPSYX

• 1D: -0.17%
• 1M: 1.62%
• 6M: 15.06%
• YTD: 21.21%
• 1Y: 33.16%
• 3Y*: 20.76%
• 5Y*: 13.53%
• 10Y*: 10.37%
• ALL TIME*: 8.13%

GQRIX

• 1D: 0.70%
• 1M: 1.13%
• 6M: 4.33%
• YTD: 8.04%
• 1Y: 10.20%
• 3Y*: 12.27%
• 5Y*: 9.35%
• 10Y*: —
• ALL TIME*: 11.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EPSYX MainStay Epoch Global Equity Yield Fund	$0.00	$0.00	$0.00
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares	$0.00	$0.00	$0.00

EPSYX vs. GQRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EPSYX MainStay Epoch Global Equity Yield Fund	21.21%	22.09%	15.38%	12.50%	-5.37%	17.40%	-1.38%	11.88%
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares	8.04%	0.91%	20.18%	19.79%	-3.64%	17.13%	14.75%	12.84%

Correlation

The correlation between EPSYX and GQRIX is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (3Y) Balances recent behavior with more history.	0.57
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019	0.70

Over the past year, the correlation between EPSYX and GQRIX has dropped to 0.33 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

Return for Risk

EPSYX vs. GQRIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EPSYX

EPSYX Risk / Return Rank: 96
EPSYX Sharpe Ratio Rank: 98
EPSYX Sortino Ratio Rank: 96
EPSYX Omega Ratio Rank: 94
EPSYX Calmar Ratio Rank: 96
EPSYX Martin Ratio Rank: 96

GQRIX

GQRIX Risk / Return Rank: 27
GQRIX Sharpe Ratio Rank: 29
GQRIX Sortino Ratio Rank: 29
GQRIX Omega Ratio Rank: 26
GQRIX Calmar Ratio Rank: 29
GQRIX Martin Ratio Rank: 21

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EPSYX vs. GQRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MainStay Epoch Global Equity Yield Fund (EPSYX) 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.

	EPSYX	GQRIX	Difference
Sharpe ratio: Return per unit of total volatility	3.07	1.04	+2.04
Sortino ratio: Return per unit of downside risk	4.21	1.54	+2.67
Omega ratio: Gain probability vs. loss probability	1.55	1.18	+0.37
Calmar ratio: Return relative to maximum drawdown	4.49	1.40	+3.09
Martin ratio: Return relative to average drawdown	17.83	3.19	+14.64

EPSYX vs. GQRIX - Sharpe Ratio Comparison

The current EPSYX Sharpe Ratio is 3.07, which is higher than the GQRIX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of EPSYX and GQRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EPSYX vs. GQRIX - Drawdown Comparison

The maximum EPSYX drawdown since its inception was -48.92%, which is greater than GQRIX's maximum drawdown of -28.86%. Use the drawdown chart below to compare losses from any high point for EPSYX and GQRIX.

Drawdown Indicators

	EPSYX	GQRIX	Difference
Max Drawdown Largest peak-to-trough decline	-48.92%	-28.86%	-20.06%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	-7.00%	-0.22%
Max Drawdown (3Y) Largest decline over 3 years	-12.95%	-16.47%	+3.52%
Max Drawdown (5Y) Largest decline over 5 years	-18.92%	-20.29%	+1.37%
Max Drawdown (10Y) Largest decline over 10 years	-36.35%	—	—
Current Drawdown Current decline from peak	-0.47%	-3.19%	+2.72%
Average Drawdown Average peak-to-trough decline	-6.85%	-4.89%	-1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	3.08%	-1.26%

Volatility

EPSYX vs. GQRIX - Volatility Comparison

The current volatility for MainStay Epoch Global Equity Yield Fund (EPSYX) is 2.58%, while GQG Partners Global Quality Equity Fund Institutional Shares (GQRIX) has a volatility of 2.77%. This indicates that EPSYX experiences smaller price fluctuations and is considered to be less risky than GQRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPSYX	GQRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	2.77%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	8.34%	7.53%	+0.81%
Volatility (1Y) Calculated over the trailing 1-year period	10.60%	9.47%	+1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.06%	14.67%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.78%	17.14%	-2.36%

EPSYX vs. GQRIX - Expense Ratio Comparison

EPSYX has a 0.84% expense ratio, which is higher than GQRIX's 0.75% expense ratio.

Dividends

EPSYX vs. GQRIX - Dividend Comparison

EPSYX's dividend yield for the trailing twelve months is around 6.75%, less than GQRIX's 7.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPSYX MainStay Epoch Global Equity Yield Fund	6.75%	8.24%	10.13%	2.71%	2.64%	2.66%	2.74%	6.87%	9.87%	2.24%	3.18%	9.65%
GQRIX GQG Partners Global Quality Equity Fund Institutional Shares	7.35%	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

Can I hold both EPSYX and GQRIX in my portfolio?

EPSYX and GQRIX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPSYX or GQRIX?

GQRIX has higher volatility (2.77%) compared to EPSYX (2.58%). In terms of maximum drawdown, EPSYX dropped -48.92% vs GQRIX's -28.86%.

Which has better risk-adjusted returns?

EPSYX currently has the higher Sharpe Ratio (3.07 vs 1.04), 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.