GNXIX vs. GQFPX

Last updated Jun 3, 2026

GNXIX (AlphaCentric Robotics and Automation Fund) and GQFPX (GQG Partners Global Quality Dividend Income Fund) are both Global Equities funds. Over the past 3 years, GNXIX returned 21.88%/yr vs 14.52%/yr for GQFPX. At a 0.39 correlation, their price movements are largely independent. GNXIX charges 1.40%/yr vs 0.86%/yr for GQFPX.

Performance

GNXIX vs. GQFPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaCentric Robotics and Automation Fund (GNXIX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GNXIX achieves a 20.47% return, which is significantly higher than GQFPX's 8.22% return.

GNXIX

• 1D: 0.46%
• 1M: 20.13%
• YTD: 20.47%
• 6M: 24.04%
• 1Y: 52.33%
• 3Y*: 21.88%
• 5Y*: 6.48%
• 10Y*: —

GQFPX

• 1D: -0.68%
• 1M: -3.72%
• YTD: 8.22%
• 6M: 8.45%
• 1Y: 14.93%
• 3Y*: 14.52%
• 5Y*: —
• 10Y*: —

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

GNXIX vs. GQFPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GNXIX AlphaCentric Robotics and Automation Fund	20.47%	22.71%	24.96%	7.21%	-32.53%	-0.11%
GQFPX GQG Partners Global Quality Dividend Income Fund	8.22%	19.29%	4.81%	15.09%	-1.13%	5.03%

Correlation

The correlation between GNXIX and GQFPX is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021	0.39

Over the past year, the correlation between GNXIX and GQFPX has dropped to 0.06 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

GNXIX vs. GQFPX — Risk / Return Rank

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

GNXIX

GNXIX Risk / Return Rank: 20
GNXIX Sharpe Ratio Rank: 24
GNXIX Sortino Ratio Rank: 22
GNXIX Omega Ratio Rank: 19
GNXIX Calmar Ratio Rank: 21
GNXIX Martin Ratio Rank: 14

GQFPX

GQFPX Risk / Return Rank: 41
GQFPX Sharpe Ratio Rank: 33
GQFPX Sortino Ratio Rank: 32
GQFPX Omega Ratio Rank: 30
GQFPX Calmar Ratio Rank: 67
GQFPX Martin Ratio Rank: 43

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.

GNXIX vs. GQFPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Robotics and Automation Fund (GNXIX) and GQG Partners Global Quality Dividend Income Fund (GQFPX). 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.

	GNXIX	GQFPX	Difference
Sharpe ratio Return per unit of total volatility	1.42	1.66	-0.25
Sortino ratio Return per unit of downside risk	1.97	2.36	-0.38
Omega ratio Gain probability vs. loss probability	1.23	1.29	-0.06
Calmar ratio Return relative to maximum drawdown	1.73	3.16	-1.43
Martin ratio Return relative to average drawdown	4.17	9.18	-5.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GNXIX vs. GQFPX - Sharpe Ratio Comparison

The current GNXIX Sharpe Ratio is 1.42, which is comparable to the GQFPX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of GNXIX and GQFPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GNXIX	GQFPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	1.66	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.81	-0.37

Drawdowns

GNXIX vs. GQFPX - Drawdown Comparison

The maximum GNXIX drawdown since its inception was -46.17%, which is greater than GQFPX's maximum drawdown of -16.95%. Use the drawdown chart below to compare losses from any high point for GNXIX and GQFPX.

Drawdown Indicators

	GNXIX	GQFPX	Difference
Max Drawdown Largest peak-to-trough decline	-46.17%	-16.95%	-29.22%
Max Drawdown (1Y) Largest decline over 1 year	-30.56%	-5.24%	-25.32%
Max Drawdown (3Y) Largest decline over 3 years	-30.69%	-10.57%	-20.12%
Max Drawdown (5Y) Largest decline over 5 years	-45.91%	—	—
Current Drawdown Current decline from peak	-0.50%	-4.44%	+3.94%
Average Drawdown Average peak-to-trough decline	-17.16%	-3.00%	-14.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.66%	1.80%	+10.86%

Volatility

GNXIX vs. GQFPX - Volatility Comparison

AlphaCentric Robotics and Automation Fund (GNXIX) has a higher volatility of 10.54% compared to GQG Partners Global Quality Dividend Income Fund (GQFPX) at 3.16%. This indicates that GNXIX's price experiences larger fluctuations and is considered to be riskier than GQFPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GNXIX	GQFPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.54%	3.16%	+7.38%
Volatility (6M) Calculated over the trailing 6-month period	29.67%	7.65%	+22.02%
Volatility (1Y) Calculated over the trailing 1-year period	37.99%	9.48%	+28.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.23%	12.83%	+14.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.18%	12.83%	+11.35%

GNXIX vs. GQFPX - Expense Ratio Comparison

GNXIX has a 1.40% expense ratio, which is higher than GQFPX's 0.86% expense ratio.

Dividends

GNXIX vs. GQFPX - Dividend Comparison

GNXIX's dividend yield for the trailing twelve months is around 0.99%, less than GQFPX's 5.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GNXIX AlphaCentric Robotics and Automation Fund	0.99%	1.19%	0.00%	0.00%	5.18%	4.23%	0.00%	0.00%	3.38%	1.85%
GQFPX GQG Partners Global Quality Dividend Income Fund	5.90%	5.32%	3.71%	3.69%	5.18%	1.38%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GNXIX and GQFPX in my portfolio?

GNXIX and GQFPX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GNXIX or GQFPX?

GNXIX has higher volatility (10.54%) compared to GQFPX (3.16%). In terms of maximum drawdown, GNXIX dropped -46.17% vs GQFPX's -16.95%.

Which has better risk-adjusted returns?

GQFPX currently has the higher Sharpe Ratio (1.66 vs 1.42), 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.