FCEUX vs. GQEIX

Last updated Jun 24, 2026

FCEUX (Franklin U.S. Core Equity (IU) Fund Advisor) and GQEIX (GQG Partners US Select Quality Equity Fund) are both Large Cap Blend Equities funds. Over the past 5 years, FCEUX returned 14.81%/yr vs 9.44%/yr for GQEIX. A 0.73 correlation means they provide meaningful diversification when combined. FCEUX charges 0.00%/yr vs 0.49%/yr for GQEIX.

Performance

FCEUX vs. GQEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) and GQG Partners US Select Quality Equity Fund (GQEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCEUX achieves a 7.93% return, which is significantly higher than GQEIX's 2.94% return.

FCEUX

• 1D: -0.52%
• 1M: -0.00%
• YTD: 7.93%
• 6M: 6.85%
• 1Y: 25.49%
• 3Y*: 22.92%
• 5Y*: 14.81%
• 10Y*: —

GQEIX

• 1D: 0.39%
• 1M: -5.31%
• YTD: 2.94%
• 6M: 3.07%
• 1Y: 1.15%
• 3Y*: 12.29%
• 5Y*: 9.44%
• 10Y*: —

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

FCEUX vs. GQEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FCEUX Franklin U.S. Core Equity (IU) Fund Advisor	7.93%	18.76%	31.47%	22.29%	-14.71%	31.00%	19.13%	7.05%
GQEIX GQG Partners US Select Quality Equity Fund	2.94%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	8.91%

Correlation

The correlation between FCEUX and GQEIX is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.73

The correlation between FCEUX and GQEIX shifts across timeframes, from -0.10 (1 year) to 0.73 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FCEUX vs. GQEIX — Risk / Return Rank

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

FCEUX

FCEUX Risk / Return Rank: 67
FCEUX Sharpe Ratio Rank: 61
FCEUX Sortino Ratio Rank: 57
FCEUX Omega Ratio Rank: 57
FCEUX Calmar Ratio Rank: 73
FCEUX Martin Ratio Rank: 84

GQEIX

GQEIX Risk / Return Rank: 4
GQEIX Sharpe Ratio Rank: 4
GQEIX Sortino Ratio Rank: 4
GQEIX Omega Ratio Rank: 4
GQEIX Calmar Ratio Rank: 4
GQEIX Martin Ratio Rank: 4

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.

FCEUX vs. GQEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) and GQG Partners US Select Quality Equity Fund (GQEIX). 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.

	FCEUX	GQEIX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	0.22	+1.91
Sortino ratio: Return per unit of downside risk	2.90	0.38	+2.52
Omega ratio: Gain probability vs. loss probability	1.38	1.04	+0.34
Calmar ratio: Return relative to maximum drawdown	3.16	0.27	+2.89
Martin ratio: Return relative to average drawdown	14.62	0.70	+13.92

FCEUX vs. GQEIX - Sharpe Ratio Comparison

The current FCEUX Sharpe Ratio is 2.13, which is higher than the GQEIX Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of FCEUX and GQEIX, 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

FCEUX vs. GQEIX - Drawdown Comparison

The maximum FCEUX drawdown since its inception was -33.57%, which is greater than GQEIX's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for FCEUX and GQEIX.

Drawdown Indicators

	FCEUX	GQEIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.57%	-28.48%	-5.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-8.45%	-0.03%
Max Drawdown (3Y) Largest decline over 3 years	-18.77%	-18.92%	+0.15%
Max Drawdown (5Y) Largest decline over 5 years	-23.03%	-20.44%	-2.59%
Current Drawdown Current decline from peak	-1.21%	-11.97%	+10.76%
Average Drawdown Average peak-to-trough decline	-4.76%	-5.77%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	3.27%	-1.44%

Volatility

FCEUX vs. GQEIX - Volatility Comparison

Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) has a higher volatility of 4.55% compared to GQG Partners US Select Quality Equity Fund (GQEIX) at 3.66%. This indicates that FCEUX's price experiences larger fluctuations and is considered to be riskier than GQEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCEUX	GQEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.55%	3.66%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	9.98%	8.00%	+1.98%
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	10.50%	+2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.53%	15.91%	+0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	18.72%	+1.04%

FCEUX vs. GQEIX - Expense Ratio Comparison

FCEUX has a 0.00% expense ratio, which is lower than GQEIX's 0.49% expense ratio.

Dividends

FCEUX vs. GQEIX - Dividend Comparison

FCEUX's dividend yield for the trailing twelve months is around 3.20%, less than GQEIX's 7.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FCEUX Franklin U.S. Core Equity (IU) Fund Advisor	3.20%	3.64%	8.90%	1.45%	8.08%	8.52%	2.20%	0.39%	0.00%
GQEIX GQG Partners US Select Quality Equity Fund	7.16%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%

Frequently Asked Questions

Can I hold both FCEUX and GQEIX in my portfolio?

FCEUX and GQEIX 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.

Which is riskier, FCEUX or GQEIX?

FCEUX has higher volatility (4.55%) compared to GQEIX (3.66%). In terms of maximum drawdown, FCEUX dropped -33.57% vs GQEIX's -28.48%.

Which has better risk-adjusted returns?

FCEUX currently has the higher Sharpe Ratio (2.13 vs 0.22), 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.