GQEIX vs. VIIIX

Last updated Jun 5, 2026

GQEIX (GQG Partners US Select Quality Equity Fund) and VIIIX (Vanguard Institutional Index Fund Institutional Plus Shares) are both mutual funds - GQEIX is a Large Cap Blend Equities fund actively managed by GQG Partners Inc, while VIIIX is a S&P 500 fund tracking the S&P 500 Index. GQEIX is actively managed, while VIIIX is passively managed. Over the past 5 years, GQEIX returned 10.44%/yr vs 14.05%/yr for VIIIX. A 0.75 correlation means they provide meaningful diversification when combined. GQEIX charges 0.49%/yr vs 0.02%/yr for VIIIX.

Performance

GQEIX vs. VIIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners US Select Quality Equity Fund (GQEIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQEIX achieves a 6.57% return, which is significantly lower than VIIIX's 10.88% return.

GQEIX

• 1D: -1.06%
• 1M: -1.52%
• YTD: 6.57%
• 6M: 7.87%
• 1Y: 6.03%
• 3Y*: 13.59%
• 5Y*: 10.44%
• 10Y*: —

VIIIX

• 1D: -0.74%
• 1M: 4.17%
• YTD: 10.88%
• 6M: 10.80%
• 1Y: 28.02%
• 3Y*: 22.87%
• 5Y*: 14.05%
• 10Y*: 15.65%

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

GQEIX vs. VIIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GQEIX GQG Partners US Select Quality Equity Fund	6.57%	-4.31%	29.20%	17.77%	-2.69%	19.88%	23.88%	27.34%	-7.65%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	10.88%	17.87%	26.29%	25.79%	-18.14%	28.69%	18.41%	31.48%	-13.18%

Correlation

The correlation between GQEIX and VIIIX is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Oct 5, 2018	0.75

The correlation between GQEIX and VIIIX shifts across timeframes, from -0.04 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GQEIX vs. VIIIX — Risk / Return Rank

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

GQEIX

GQEIX Risk / Return Rank: 7
GQEIX Sharpe Ratio Rank: 7
GQEIX Sortino Ratio Rank: 6
GQEIX Omega Ratio Rank: 6
GQEIX Calmar Ratio Rank: 8
GQEIX Martin Ratio Rank: 7

VIIIX

VIIIX Risk / Return Rank: 66
VIIIX Sharpe Ratio Rank: 64
VIIIX Sortino Ratio Rank: 59
VIIIX Omega Ratio Rank: 59
VIIIX Calmar Ratio Rank: 67
VIIIX Martin Ratio Rank: 79

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. VIIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners US Select Quality Equity Fund (GQEIX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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	VIIIX	Difference
Sharpe ratio: Return per unit of total volatility	0.52	2.37	-1.86
Sortino ratio: Return per unit of downside risk	0.81	3.24	-2.43
Omega ratio: Gain probability vs. loss probability	1.09	1.43	-0.34
Calmar ratio: Return relative to maximum drawdown	0.78	3.17	-2.39
Martin ratio: Return relative to average drawdown	1.74	14.79	-13.05
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. VIIIX - Sharpe Ratio Comparison

The current GQEIX Sharpe Ratio is 0.52, which is lower than the VIIIX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of GQEIX and VIIIX, 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

	GQEIX	VIIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	2.37	-1.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.84	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.49	+0.23

Drawdowns

GQEIX vs. VIIIX - Drawdown Comparison

The maximum GQEIX drawdown since its inception was -28.48%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for GQEIX and VIIIX.

Drawdown Indicators

	GQEIX	VIIIX	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-55.18%	+26.70%
Max Drawdown (1Y) Largest decline over 1 year	-6.73%	-8.90%	+2.17%
Max Drawdown (3Y) Largest decline over 3 years	-18.92%	-18.75%	-0.17%
Max Drawdown (5Y) Largest decline over 5 years	-20.44%	-24.50%	+4.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	-8.86%	-0.74%	-8.12%
Average Drawdown Average peak-to-trough decline	-5.75%	-10.02%	+4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	1.90%	+1.10%

Volatility

GQEIX vs. VIIIX - Volatility Comparison

GQG Partners US Select Quality Equity Fund (GQEIX) has a higher volatility of 3.67% compared to Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) at 2.93%. This indicates that GQEIX's price experiences larger fluctuations and is considered to be riskier than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQEIX	VIIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	2.93%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	7.72%	8.99%	-1.27%
Volatility (1Y) Calculated over the trailing 1-year period	10.15%	11.88%	-1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	16.89%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.75%	18.06%	+0.69%

GQEIX vs. VIIIX - Expense Ratio Comparison

GQEIX has a 0.49% expense ratio, which is higher than VIIIX's 0.02% expense ratio.

Dividends

GQEIX vs. VIIIX - Dividend Comparison

GQEIX's dividend yield for the trailing twelve months is around 6.92%, more than VIIIX's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQEIX GQG Partners US Select Quality Equity Fund	6.92%	7.38%	5.41%	0.63%	4.50%	1.50%	0.67%	0.65%	0.12%	0.00%	0.00%	0.00%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	2.43%	2.11%	3.66%	2.66%	3.39%	4.79%	3.07%	2.86%	2.45%	1.84%	2.38%	2.47%

Frequently Asked Questions

Can I hold both GQEIX and VIIIX in my portfolio?

GQEIX and VIIIX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQEIX or VIIIX?

GQEIX has higher volatility (3.67%) compared to VIIIX (2.93%). In terms of maximum drawdown, GQEIX dropped -28.48% vs VIIIX's -55.18%.

Which has better risk-adjusted returns?

VIIIX currently has the higher Sharpe Ratio (2.37 vs 0.52), 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.