GQEIX vs. SPHD

Last updated Apr 1, 2026

Compare and contrast key facts about GQG Partners US Select Quality Equity Fund (GQEIX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD).

GQEIX is an actively managed fund by GQG Partners Inc. It was launched on Sep 28, 2018. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012.

Performance

GQEIX vs. SPHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners US Select Quality Equity Fund (GQEIX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). The values are adjusted to include any dividend payments, if applicable.

GQEIX vs. SPHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GQEIX GQG Partners US Select Quality Equity Fund	9.81%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%
SPHD Invesco S&P 500® High Dividend Low Volatility ETF	4.64%	3.41%	18.08%	1.32%	0.58%	24.98%	-9.98%	20.26%	-6.92%

Returns By Period

In the year-to-date period, GQEIX achieves a 9.81% return, which is significantly higher than SPHD's 4.64% return.

GQEIX

• 1D: 0.68%
• 1M: -1.96%
• YTD: 9.81%
• 6M: 7.96%
• 1Y: 5.78%
• 3Y*: 18.05%
• 5Y*: 12.77%
• 10Y*: —

SPHD

• 1D: 0.55%
• 1M: -4.99%
• YTD: 4.64%
• 6M: 2.81%
• 1Y: 3.20%
• 3Y*: 9.99%
• 5Y*: 7.05%
• 10Y*: 7.24%

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

GQEIX vs. SPHD - Expense Ratio Comparison

GQEIX has a 0.49% expense ratio, which is higher than SPHD's 0.30% expense ratio.

GQEIX

GQG Partners US Select Quality Equity Fund

SPHD

Invesco S&P 500® High Dividend Low Volatility ETF

Return for Risk

GQEIX vs. SPHD — Risk / Return Rank

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

GQEIX

GQEIX Risk / Return Rank: 20
GQEIX Sharpe Ratio Rank: 22
GQEIX Sortino Ratio Rank: 20
GQEIX Omega Ratio Rank: 19
GQEIX Calmar Ratio Rank: 24
GQEIX Martin Ratio Rank: 17

SPHD

SPHD Risk / Return Rank: 20
SPHD Sharpe Ratio Rank: 19
SPHD Sortino Ratio Rank: 18
SPHD Omega Ratio Rank: 18
SPHD Calmar Ratio Rank: 22
SPHD Martin Ratio Rank: 22

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.

GQEIX vs. SPHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Select Quality Equity Fund (GQEIX) and Invesco S&P 500® High Dividend Low Volatility ETF (SPHD). 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.

	GQEIX	SPHD	Difference
Sharpe ratio Return per unit of total volatility	0.56	0.22	+0.33
Sortino ratio Return per unit of downside risk	0.82	0.41	+0.41
Omega ratio Gain probability vs. loss probability	1.11	1.05	+0.06
Calmar ratio Return relative to maximum drawdown	0.69	0.38	+0.31
Martin ratio Return relative to average drawdown	1.77	1.22	+0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GQEIX vs. SPHD - Sharpe Ratio Comparison

The current GQEIX Sharpe Ratio is 0.56, which is higher than the SPHD Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of GQEIX and SPHD, 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

	GQEIX	SPHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	0.22	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.50	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.59	+0.17

Correlation

The correlation between GQEIX and SPHD is 0.51, 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

GQEIX vs. SPHD - Dividend Comparison

GQEIX's dividend yield for the trailing twelve months is around 6.72%, more than SPHD's 4.31% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQEIX GQG Partners US Select Quality Equity Fund	6.72%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%	0.00%
SPHD Invesco S&P 500® High Dividend Low Volatility ETF	4.31%	4.02%	3.41%	4.48%	3.89%	3.45%	4.89%	4.07%	4.40%	3.14%	3.83%	3.49%

Drawdowns

GQEIX vs. SPHD - Drawdown Comparison

The maximum GQEIX drawdown since its inception was -28.48%, smaller than the maximum SPHD drawdown of -41.39%. Use the drawdown chart below to compare losses from any high point for GQEIX and SPHD.

Drawdown Indicators

	GQEIX	SPHD	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-41.39%	+12.91%
Max Drawdown (1Y) Largest decline over 1 year	-8.67%	-11.33%	+2.66%
Max Drawdown (5Y) Largest decline over 5 years	-20.44%	-19.50%	-0.94%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.39%	—
Current Drawdown Current decline from peak	-6.09%	-5.14%	-0.95%
Average Drawdown Average peak-to-trough decline	-5.69%	-4.70%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	3.67%	-0.27%

Volatility

GQEIX vs. SPHD - Volatility Comparison

The current volatility for GQG Partners US Select Quality Equity Fund (GQEIX) is 2.77%, while Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) has a volatility of 3.21%. This indicates that GQEIX experiences smaller price fluctuations and is considered to be less risky than SPHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQEIX	SPHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	3.21%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	7.31%	7.91%	-0.60%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	14.51%	-2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	14.20%	+1.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.88%	17.65%	+1.23%